Choosing to ignore my gut instincts and opting for more degeneracy, I now find myself 80% long, 5% short in an inverse ETF, and just 15% cash. My positions are something out of a horror movie. If we are heading back down, I will be annihilated on day 1. I am the front line solider with a rickety sawed off shotgun defending against a battalion of tanks heading my way.
Nevertheless, what can go wrong?
The Dow reversed lower and flatly fucked itself — off by 390. The Nasdaq dove 100 handles in the final hour to close down 50. I booked one trade, MARK +11.5%, and the rest was ALL BUYS.
Dare I say, I might be HOOKED? Stay tuned tomorrow for the final conclusion.
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