I’m curious to know what you guys are thinking as we wrap up the month of August. Do we still want to buy dips? or as a whole, are we starting to get a little bearish on the markets here? Vote below:
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Bear: short into the hole and get killed like every other time
not in the hole yet. this hole is going to be China deep.
I got range mange.
Going with bear. Sure looks like almost every market worldwide is 90+% SPX correlated and getting sold. Maybe the GLD bid will continue.
Voted bear.
Head says we crawl higher. No need for a higher USD at this point with the rest of the world slowing.
Heart checks in with testicles, says screw it, let’s wait another couple of weeks. We can always buy the dip or buy the breakout. The possibility of missing out on 50% of a 10% move up is a small price to pay for the possibility of missing out on 50% of a 20% correction.
Particularly when coming off a semi-voluntary (combination of vacation and unanticipated personal stuff coming up) hiatus, sometimes the only winning move is not to play.
Like Casey at the bat, I can afford to wait for a fat pitch (/shoutout to OA last year and recent video.) Unlike Casey, there’s no limit on how long I can wait.
Double worry:
1. Bull. In majority = not good
2. Only 26 people voted = WTF?
The market dips and iBC goes into Chicken Little Mode.
The day the slow money assholes hiding in pos names like MSFT get rolled. Will be glorious. Burn baby burn. Pompous jerk offs.
We are going to zero
hope you got yourself some $ACI .. + 100%.. 😉
well done there @bood. you killed it.
Very few names without a ” – ” sign on the contest list.
If you wouldn’t mind adjusting RNF for the $1 distribution. Much obliged.
In all seriousness, 8/10 was a $1 ex date for RNF..
http://www.sec.gov/Archives/edgar/data/1525998/000156459015006938/rnf-ex991_51.htm
Sorry, it was 8/19 of course.