Very scared, but also greedy — I sashayed back into the tape with just 15% exposure. It’s a small enough allocation to control easily and also prevent a severe bogging, which is what I am most afraid of. It would be easier, of course, to just sit and wait for something cool to happen in 100% cash. But alas I am a greedy man and would like to store more greenbacks for no reason whatsoever. I don’t need the money, per se — but I in fact want it a great deal. I do not know why I want it — perhaps to buy something later on or maybe I’d like to die rich and have the money rot away in the accounts of my heirs after I am long gone — falling subject to debauchery and profligate spending for the sake of consumerism.
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As for the market, looks good although breadth is weak sauce. All of the meme stocks are ok and there is lots of strength in Biden plays — faggy EV and solar stocks. I prefer to trade these stocks because it attracts a certain type of person I can easily outmatch and front run.
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