It’s not enough for me to pan the market, day in and day out. I must do more, in a way that cannot fucktard myself into murderholes, a la 135% “Venus Fly Trap” trading. I’ve been buying TLT rather aggressively, as it is the least aggressive way to bet against equities. One way of another, through hook or crook, yields will fall. My good pal Scott Bleier likes to say “we are Japan.” I could not agree more.
See folks, it’s time to do “The Hugh Hendry” again and piss on all of those who own TBT. Do it with vigor and tenacity. As for me, well, I’m just an olde fashioned type of guy, who opts out of chasing rallies, fueled by fucktarded money managers (Tepper). I couldn’t care less about his performance data, especially since my own data is better. In other words, Tepper can fuck a horse after a divorce, as far as I am concerned.
Vortex trading dictates or mandates the following:
Bullish on bonds
Bullish on the dollar
Bearish on Commodities (ex Gold)
Bearish on Equities
I could go on; but that pretty much sums it up. In the past, gold went lower when deflationary scares hit the market. However, the nature of gold has morphed. It is now acting like a reserve currency. With that type of status, it’s very hard to be a gold bear, for any significant length of time.
So far, breadth is poor, especially in CRE. Also, certain banks are trading like asshats, especially MTG and MFG. I like the pin action is some heavily shorted names, like ATPG. But, for the most part, I am uber bearish on this market. This market distresses me. I am taking measures to bring it down.
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