I’m sick of waiting around for something bad to happen. This market has gone through all of the worst case scenarios and nothing seems capable to place a hard dent into the faces of those longing stocks in size here. These people are unbelievable and will stop at nothing to get markets back to recourd highs.
I closed FLAT for the session — because anyone can make or lose money on any given day. Try closing flat pal.
I kept my SQQQ short out of sentiment — hoping and if I was religious I’d be praying for a great calamity to strike this evening to send equities lower.
I have friends in the business and they’re all very happy — making more money than me — gay and fat and slow — but making more money than me. I ask myself “do these people deserve to make all of that money?” Now, I am not jealous and really couldn’t care less if they have more money than me. BUT, do they deserve it is the question I grapple with. Some of these people are basically evil — definitely not deserving of winning on the scale they’re winning now.
So how do we stop them?
We basically cannot. There is nothing that stops these degenerates from making all cash offers on NYC apartments and beach homes in the Hamptons. The only thing that can stop them, from my vantage point, is a nuclear war. And then I ask myself “would you like to have a nuclear war in order to stop them?” After careful deliberation, I discard the question as null and void since nuclear bombs do not exist.
Along that train of thought, I am looking forward to Nolan’s Oppenheimer movie next month. It should make for a fine backdrop on the precipice of WW3.
My best sense here is for higher prices. We had a Stocklabs mean reversion oversold on Friday and lo and behold we ripped fucking tits today. I am sorry fellow bearsshitters — but it appears you’re about to get routed once again.
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