STOCKS GO DOWN!

All of those grandiloquent gains are quickly slipping down the wayside. Stocks like TSLA and PYPL are being beaten to death. I, again, sold every single stock at the open, held my TZA for a little bit and sold it too, and sit handsomely atop my crest +1% on a day when stocks are in miserable dive mode.

My advice to you is to run. I TOLD YOU this shit could not last. We already had the gains for November and now we’re moderating them, which is good for potential dip buyers — but not yet.

We need a little zero-hedging — dip buyers punished brutally under a cavalcade of sell orders. The first big dicked green candle will be sopped up by them and then they’ll be trapped for the eventual table collapse onto their hands, chopping off their fingers down to the knuckles.

I am only long BITO calls now and reserve the right to completely change my mind based upon market themes. The point here is to comport oneself with dignity and to behave moderately in the face of exuberance.