NO BIDS: THE BEAR MARKET RALLY IS OVER

The false market you enjoyed during the month of March has given way to April — a month destined to rain fire and brimstone down upon the con-caved heads of the many. It was written a long time ago that Pax Americana was over, the era of the globalist shill destroyed and replaced with militarism. We are at the very beginning of the long wayward journey into Middle Earth. The only plot twist is, of course, we are the orcs.

I traded poorly and misread the commodity market. I thought the market heading lower meant commodities would go up. This turned out to be false and I took gains and quickly converted them to losses — shedding 98bps for the session — in spite of 15% weight in TZA. I kept that and added 10% into UVXY to go along with a few commodity stocks and 59% cash. My bias is ardently to the downside, with a price target for the S&P 500 of $00.00.

We shall swim lower with alacrity back down to the lows, and much much more. Just yesterday I read upon my Twitter feed some young lads decrying the market as being wonderful ‘heading back to RECORD HIGHS’ and today those lads are quiet — most likely RACKED with losses and in tears hiding in the bedroom closet.

https://www.youtube.com/watch?v=km97T4A40no