All I needed was a full fucking collapse to get the fluids flowing in the right direction. I have been fixated on these Chinese Lotto stocks — shit like VCIG popping 550% out of nowhere — in an effort to extract maximum coin from this market place.
I made about $11k in day trades and closed +1.44% on the session, in an otherwise woeful display of market fear.
I feeeeeel better and my mood is very excellent. I am pretty certain that if I tried, I could punch someone’s head clean out of their helmet right now.
As it happens, I spoke to The Devil today and informed him I’d be EXTRACTING some of his money in order to place it into my checking account — since he is very long and very wrong. I closed the day 30% SHORT via inverse ETFs on top of a new quantitative stratagem that now holds many low beta stocks. My quant, which is bereft of any trading, was only down 36bps for the day.
I am very leveraged at 142% and the margin interest is a bit of a burden — but on the whole part and parcel of my prevailing winning strategy.
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The message from Wall today is some desire a pause from Powell. Do they deserve it? Absolutely not.