At the moment, Government intervention is too much for the bears. Despite the U.S. being the epicenter of all toxic mortgage paper, we have outperformed all other indices around the world.
Why, you might ask?
Answer: We manipulate the markets better than they do.
Think about all the credit issues, corporate fraud [[PAY]], earnings misses [[M]] and negative economic data. Think about you stupid fuck.
We’re only down 5% for the year. Ha! A fucking laugher.
Now, one of two things is going to occur.
Either the economy is strong and unemployment remains under 5%, effectively deballing the “recession now” crowd, or we really are in the “shitbox,” which will send the Dow off the fucking Empire State building.
This middle of the of the road shit is not for me and will not stand.
I’m not a quant guy. I do not use Meriwether mathematical models to blow up my book of business. I trade with instincts and common sense.
In my opinion, into this rally, sell the banks, via [[SKF]], sell commercial Re, via [[SRS]] and sell basic resources, via [[SMN]] and go long gold, via [[DGP]] is the only plan of action that makes any sense.
Should we print all time highs this year, I’ll eat [[C]] 10-k, and film it on youtube for everyone to witness.
NOTE: Eventually, the fuckers chasing performance, bidding up [[POT]] will have their day in hell. The run ups in ag names are absurd. Quite a bubble.If you enjoy the content at iBankCoin, please follow us on Twitter