We all love a good manipulated to the upside market, unless of course we are short and swimming in our own feces. While banking coin in the market, it’s important to remember there are non-descript men walking around throwing hand grenades at people. Their intent is to derail the markets and send your 401k plan to $00.00. Most of the time, the fabulous trading robots from Goldman (of course!) defeat these men via shooting them with space aged laser beams. However, every once in awhile, the men in burlap prevail, sending you and your stupid friends to the unemployment line.
Keep your eye on [[TLT]] , for it is telling you something, ever so quietly. While the market goes higher on less than inspiring volume, big money is being fork lifted into treasuries. This is a very interesting paradigm, especially since there are no real signs of distress, unless you consider Greece important.
For the most part, corporate earnings have been stellar and there are no real red flags to discuss, with the small exception of INSANE amounts of expenses needing to be financed this year.
Nevertheless, I remain stoic in my approach to disengage the market, via large amounts of cash and treasury holdings. I have not shorted anything, or bought [[VXX]] , because I am afraid of the robots. Betting against this market is like starting a gay rights movement in Iran—always a bad idea.
In short, my year to date gains are still around 9%. The year is young and there will be easier markets to trade, than the one we are faced with now.
[youtube:http://www.youtube.com/watch?v=nlk9Sj4Ns2k 616 500]UPDATE: I bought 75,000 Silicon Storage Technology, Inc. [[SSTI]] , under $3.20.
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