I was out all day, partaking in things having to do with time machines and orbital space cannons. While I was out, I saw my portfolio shrink into the bell. This is classic bearshitter attack syndrome, infecting the mind of traders. We need more coke, if we are to make another run.
Having said that, I closed out the day +0.7%, making me a winner in 2 out of the last 3. Nevertheless, I have a lot of ground to make up and will not make any predictions until I see the limbs of my enemies being ripped from their torsos.
I am long stocks like WNR, CVI, OPEN, ATPG, OXY and CLF. I will be just fine in the long term. It’s the next three weeks I need to worry about.
Stay tuned for another diary entry of the bearshitter, Samsonite, tonight.
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Cartoon?….”The One-Minute Trade Diary”?
diary
More cartoons, please – they’re easier on my eyes.
The S&P is down -4% since the house Republicans took the debt ceiling vote on May 31st. In fact, the market has been down 6 of the 7 days since the vote. Prior to the vote, the market was up 4 days in a row. Coincidence?
Not a coincidence at all…
Republicans are assholes
Market raised today (as predicted). Now the issue is whether it will continue up Friday and start tearing limbs, shattering bones, ripping cartelege and searing skin into next week.