OMG how did I miss out on the rally bro?
The NASDAQ shed 1% last week, reinvigorating the bulls into believing a summer rally is in the books. For the month of July, we are up 2% after being pummeled into dust for 30% since February. The stated case for a rally is such: the inflation has been defeated. The American wonder weapon called “HIMARS” is decimating the entire Russian army. The liberal world order is going to be gayer than ever.
On that backdrop, I am of course ALL IN LONG with no hedges. This is classic retardation on my part and how small losses envelope me into large ones. The most likely scenario will play out like this:
FUTURES WILL GAP THE FUCK LOWER on Monday, causing me to sell everything and watch in horror. The market will then REVERSE higher without me in it, causing my pink levels to rise to 10,000000000%. I will not get back to winning until I simply shut the fuck up.
Then I might get the wise idea to “do the opposite” and do nothing — simply watch the market steal my money — resigning myself to fate. This also would be a disastrous decision, as FUTURES WOULD GAP THE FUCK DOWN and not reverse up but instead PROCEED lower in a panicked fashion.
The only way to combat such chicanery is to simply reduce my positions INCREMENTALLY whilst at the same time applying hedges. This is going to be a delicate process; but if I am right and my timing on point — I just might be able to bust loose to the upside again.
Everything is rot. All sectors are an abomination. Nothing is redeemable.
Have a happy Saturday.
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Thank you for this Fly, long time no talk. Besides everything being an abomination lol How’s everything else down south?
if the collective governments of the Western world were trying to impoverish and starve their own citizens, what exactly would they be doing differently?
Kit Knightly