It’s a stupid thing to do; but worth exploring, nonetheless.
Best case scenario:
The market books a 1-2% loss, setting up for a move up tomorrow. The important thing is for the damage to be limited and fenced off from the banks. In order for this rally to sustain, we need the banks to lead the way.
Naturally, what I am hoping for is sheer madness. I suppose I am just being a sentimental jelly sandwich eater.
At the moment, I am quite busy preparing for the big feast. Believe it or not, as blasphemous as it may seem, the stock market is not at the top of my list today. I made a few trades this morning, some good, others not so much. I’m just going to sit with what I have, at least for another day and see what sticks.
As an aside, not to get all commy on you fervent capitalist type, but, CEO compensations need to be met with the sharp blade of the guillotine. That’s just one man’s opinion.If you enjoy the content at iBankCoin, please follow us on Twitter