Narrow Range

Breadth is again weak and most areas of the tape are lower; but I’m still bullish and there’s nothing you can say or do to stop me.

I’m up just 20bps, 20% cash, just sort of gliding into the session and enjoying life. I can see how some of you are frightened of your own shadows and bail out at the first sign of weakness. But I believe there to be a boon coming and this will provide markets with the tinder they need to light it up higher.

Anything can happen and I could end up being wrong; but I doubt it. We have central banks around the world increasing the money supply and you’re bearish?

At any rate, I’ll be heading out to some vineyards today to achieve some morning drinking and then later eat out at one of these restaurants. I’ll be heading back to NC on Saturday, fully back in the saddle by next week.

Side note: I cannot stand one of my dogs. She’s a spiteful little fucker and Mrs Fly’s favorite, naturally. If she was a person, the dog I speak of, she wouldn’t be considered a good person but very bad and people would hate her fucking guts, perhaps throw stones or potatoes at her and never want to be around her because she sucks.