I got carried away last night thinking about the market being destroyed when in fact, as you can see today, this is nothing more than a garden varietal day. It must’ve’ been all of that Apple Jack talking. It seems, lest I am hungover and unable to view things clearly, markets are strong.
Yes I know the Dow is off by 220, NASDAQ 74 — but in Stocklabs we break it down more in depth and in there at least the market is strong.
I covered my enormous shorts and later got sucked into a smaller one. Bottom line, I am +10bps. I had seriously thought last night I’d awaken from my orchard induced slumber to +500bps. It simply wasn’t meant to be. What should I do about it — cry?
Chinese stocks are very strong, as well as uranium etc. To be honest, I need some food and more water and then I’ll take a more serious view of things here today.
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