WE GO HIGHER

I am talking my book here — because if I don’t — who the hell else will do it? I won’t bother offering picks — but overall direction which I feel is definitely up. For the bear-tards out there grappling with this new reality — consider it to be the “calm before the storm.” You can still dream of big fires and America’s financial system collapsing — even if it’s not happening. They can take everything away from you — but your dreams.

On Friday I depart for Boston to drop my daughter off at college. I will then rent a car and drive down to see family in NYC — where I intend to hate the place and its filth. Only people who live in NYC and cannot leave it like it. They will tell you about the wonderful food and the variety and how the theater is “so good” and this and that — as if retarded and not knowing those same things exist elsewhere sans the crime.

It really is over and the societies genteel MEN created have been disabused and ransacked, discarded by those who want more. They work towards its destruction because it reminds them of their failures and the vindictiveness of it all is bad for the soul. I left NYC because I felt it was bad for my family. All you had to do was look around, really look around, past the skyscrapers and the glitz, and the $100,000 cars and $5m apartments and see that there was nothing good happening there.

My family settled in NYC in the early 1900’s and they always “loved it” and suffered in poverty and raised their families under hard conditions — but they had pizza and bagels and the theatre, so it all made up for the endless night’s of pain.

As for markets — yes I believe we go higher and have positioned fully bullish. They tried to knock the market down in August and largely failed to rout it so it’s going back up. You may not like it, nor do I, but that’s just the way it is.