I hate to quit on your mid-stroke (pause) — but no matter what happens this market doesn’t seem to want lower. We had HOT inflation data and saw a nice and beautiful morning collapse — but zero follow through and now we are barreling up like fat trannies rolling into the wrong bathrooms.
Luckily for me, I am very smart. I got the hell out from my shorts and longs and called it even down 5bps. I now have resorted to minor acts of depravity, long $TSLL and $ADBE. I am also TRAPPED in $ALNY, which is HALTED FOR TRADING pending an FDA review. I am almost certain I am doomed there.
Name a more meaningless organization than the paper shovelers at the FDA.
My recent avocations include reading another Tolstoy book, The Cossacks. All proper tools of Putin need to read Tolstoy at all times. I’ve also found both sadness and merriment in all of the recent migrant crossings. I just spotted one in an island off the coast of Italy where almost 10,000 Africans escaped their hell holes in an effort to live with the whites they hate most. After the whites move away, they will follow them wherever they might go, in order to receive scornful racism and resentment largess.
I have a traveling rule that I stick to. If your civilization hasn’t figured out clean drinking water, I have negative interest in seeing your ruins. If you have clean drinking water, I’d like to see your ruins.
Anyway, markets look constructive, dare I say. Back to work.If you enjoy the content at iBankCoin, please follow us on Twitter