There is no way to know what sort of effect the Turkey Gods will have on equity prices. But they’re here and ready to kick the stuffing out unsuspecting speculators.
I’ve been gambling on the caprices of the Turkey Gods for over a thousand years and they’ve never disappointed, purely from a entertainment standpoint. By the end of the week, a large subset of investors will be reduced to ashes and tears.
I’ve managed to keep a 45% cash position intact, throughout this dreadful and calamitous decline. At the same time, I’ve been exercising my rights by using the Orbital Space Cannon (OSC) on the cavemen in the Gaza strip. As you know, they are without iron dome. My disposition is, as always, to outstrip everyone else.
My favorite plays for a reflex rally is silver, via EXK and semis via IPGP, NXPI and maybe some CRUS. I’ve been tempted to buy YELP, but the volume is too thin for me. Homebuilders bounced hard and should trend up with the market. But let’s keep it simple. Everything is down, so when we reverse, everything will go up. We will bathe in 80% upside days and hand out golden coins to poor disheveled boys in the sewers, asking them to “fetch me the newspaper, chap.”
Comments »