KICKED OUT OF REITS, DOUBLED DOWN IN SEMIS SHORT

I feel like a fucking clown sitting on a sill getting pies tossed at my face. My basis for SOXS has been reduced to $13.22 after a double down today. If you’ve been paying attention, I don’t throw good money after bad any longer, something I used to practice with a reckless regularity. However, given the stretched nature of this move, coupled with the hybrid oscillator inside Exodus, I felt it was my duty to do so.

Also, I tossed away my DRN position, after a healthy moved up in REITs. It should be noted, the REITs are a perfidious industry, one beset by innumerable and penetrating negative inputs which has made the sector uninvestable for longer term durations. They should be traded and that’s all.

My quant portfolio is higher more than 1% today and I am pleased with the blend of securities that presently make up my portfolio. The only albatross around my neck now is this fucking SOXS. Ideally, markets will plummet, say 5,000 points tomorrow morning, then close up. Under that scenario, I could swing trade my way out from this anchored loss and jog on to much greener pastures.

As we speak, markets are collapsing. The gains are being dissipated and the era of the short approaches.