Despite having a bad read on the FOMC reaction I managed to have a decent day. It helps we had a massive rally and my book is without hedge. Naturally I want more.
My largest positions do not put in work like these index moves, they just sort of sit on the sideline fawning the FANG prowess.
More importantly, and much to my chagrin, I missed a big win that Exodus served on a silver platter because the oh shit model had me bearish on Monday. NOTICE: henceforth said model signal will be named the Bunker Buster (h/t Uncle Buccs) and will not be interpreted as bearish. It has always occurred at-or-near lows so it will be considered a BONUS if Exodus already goes oversold.
BOOM: Solutions. We do not wallow in setbacks over here.
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Seems like a reasonable application of the Bunker Buster. Raul – it would be interesting to look back and observe the robustness of the Exodus oversold snapback when a BB also signaled. I’m going to try to match things up tonight.
Unshaven is still probably my favorite Budos cut..
Smoked out of the fox hole.