Almost Done “Trading the Market In Front of Me”

It’s all very tiresome to whore myself to idealogies each and every day — “starting anew” in order to trade the market in front of me. I have decided to actually toss that away for a while in favor of obstinate hard headed permanent bear status. Each rally will be met with my insults. Every uptick I will spit at the screen in disgust. There will never be adequate conditions to reach my comfort or pleasure — so I might as well prepare for the long haul ride to zero.

Saying this out loud is refreshing! Whilst I am prone to change my mind at a flip of a dime, I’m fairly certain inside my heart, if you opened it, you’d learned of such a deep and profound hatred for bulls — you might want to have me incarcerated for fear I might lash out one day and kill them all.

I ended the session DOWN 79bps, 154% leveraged with large SQQQ, SOXS and LABD holdings. I intend to martingale them and buy them into profit. If you forced a pistol upon me head right now and demanded a prediction for Monday, I’d say down and with vigor.

My positioning is purposeful — heavy long allocations to recession proof names paired with fuck your tech and biotech stocks all the way down into a grave.

For the week, I managed a slight gain and I feeeeeel pretty good about my 3.2% monthly gain into the final day of trade come Monday. I am fairly certain I’ll squeeze out another 1% and only underperform the market by 50%. This is acceptable to me because I was wrong on the markets direction and have still managed a gain. When the conditions are finally right for me to strike, I will do with with great speed and alacrity — forcing surrender of all the bulls but they shall not receive safe quarter with me — only the black flag.

Have a great weekend and lets hope for a limit down open come Halloween.