I know, I know. Many of you think it’s impossible for the market to rally on a Friday. You’re expecting bad employment numbers, Ponzi schemes at Scottrade, and the U.S. economy about to swan dive into a pool of cement.
But you’re wrong. I believe the market can rally, and it will, much to your chagrin. However, you could still get your wish that the economy will swan dive into that pool of cement. It may even throw in a half-twist for show. Strange, but true.
Why? Mon ami, realize that Mr. Market doesn’t care about your reasonings and vain attempts at short term profits. (Or mine, for that matter.) He marches to his own beat, and he’s about to go “medieval” on the bears with a goat horned pick axe. Bloody right.
Armed with that knowledge, I plan to populate my portfolio sometime tomorrow with stocks, using my remaining cash (21%), thus pushing all my chips to the middle of the table and going “all in”. Yes, this is a bold and brazen attempt at glory, but someone has to do it.
Remember, it’s only money, electronic digits on a computer screen, or green slips of paper with funny faces and Masonic symbols on it (for you old-schoolers).
If I am correct, I expect to be well paid in gold shekels, silk and fine wine.
However, just in case there’s a one-in-a-million chance that I might possibly be wrong about all this, I have made contingency plans to take The PPT hostage until they “pay up”.
That is all. Carry on.
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