Good afternoon plebs —
Last week the world was ending. Today the market is back to throwing old bears down flights of stairs. You have to understand the nature of risk to appreciate the candor of this type of tape. Risk, unlike genders, is on a spectrum and when it’s low we are prone to extreme risk off characteristic traits, such as spiraling lower stocks. But when it’s up, you should expect to see stocks bust loose — even though Joe Biden is President and even with GLOBOHOMO at the apex of its power — gripping Europe’s nuts in its homosexual claws.
I traded well and made 85bps for the session, wholly intent on receiving moar. I closed fully long and without hedges — partial to biotech and tech — the riskiest part of the spectrum.
If you’re confused about how I can say last week “stocks are heading lower” and today profess we’re on the verge of busting the fuck loose — it is my prerogative to do so. As such, I can once again change my opinion tomorrow — perhaps exalting the renewed bear market accompanied by a picture of the Titanic in a nice blog post. I do not offer you or anyone else explanation and can do as I like when I prefer doing it. Who can stop me?
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