Feel free to go ahead, get drunk, smoke some crack, while shorting egregiously expensive stocks.
From my vantage point, the market is now 15% overvalued, thanks to the inordinate amount of dumb money sloshing around.
The following trades will be executed, immediately:
Long [[DGP]], [[SMN]], [[SRS]], [[SKF]] and [[SSG]].
In addition, short [[TSCM]], short [[WM]], short [[LEH]] and short [[MON]].
The kitchen sink approach, if you will.
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