Most of you aren’t worth the ketchup on my meatloaf. Keep in mind, when I say “most,” I mean professional money managers, alongside pedestrian gaytraders.
Anyway, the zillion dollar question (not to be outdone by low-end trillion dollar questions) is: How low will we go?
I can tell you this, very simply: When the markets dip in January, they DO NOT recover right away.
Also, it’s worth noting, the fucktarded theory that states ” the market always goes higher in January,” enabling investors to celebrate by “sparking blunts,” is a misnomer.
As a matter of fact, thus far, during the 21st century, January has been an abysmal month for longs.
One thing is almost a certainty, based upon past Dow Jones performance data: when the market starts the year firing automatic rounds at bulls, it fucking dives.
Dating back to 1970, the market has endured some pretty fucked “January effects.” Take a look:
What you low ranked wrestlers know is “the market is getting killed.” However, what you don’t know, we are going significantly lower. Not because the average dip, based upon bad market starts over a 38 year stretch, is -11.5%.
In my opinion, the economic troubles that we face today are unprecedented and deserve a “special decline.”
Keeping in mind past occurrences and utilizing time machine data, I say the DOW will get clipped to the tune of 13% by April, with hardly any real rallies or bounces. That’s almost 3x the current decline.
Do you think this is pain? You’ve not seen anything yet.
The game plan is simple: get short.
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