When I was younger I use to love hurricanes, no school and plenty of hurricane parties. They use to tell us if a storm ever came straight up the Mississippi River, that people would be sitting on top of rooftops waiting for rescue.
Katrina proved everyone right, as the levees that protected the city below sea level, failed. The bowl, that is know as the city of New Orleans, quickly filled the city destroying homes and taking lives.
Luckily for me, I just moved out the city 4 year prior, and was able to provide shelter to my family who ended up being without a home for 6-9 months.
People take hurricane warnings a little more serious these days, as memories of Katrina are still fresh in our lives. Just leaving the city (Saints Pre-Season game, I go hard for my team), I can tell you panic is in the air.
If I still lived in the bowl, the city below sea level, I would have left 10 minutes ago, tomorrow will be too late. There’s nothing worse than leaving late, fighting traffic, and searching for water and gas.
Here’s an update on computer models:
As for me, I no longer live in a bowl, and am on some pretty solid ground. I have a generator, gas, water, family, and plenty of supplies. I will be taking Isaac head on, protecting the family, home, and businesses, all while flicking my cigar ashes on those that bet against the market. My own hurricane party indeed.
My watchlist will be a little late tonight, as I’m just getting to my screen, but I should have some trading ideas up in a bit.