This week, the bears got their faces punched off, as the banks and homies danced on their own graves. In a odd twist of fate, “The Fly” played this recent run 100% wrong, following his genius early year calls.
Essentially, this week, Mother Market beat me senseless, with ricockulous losses in [[SKF]], [[EFU]], [[SMN]] and [[REW]]. Oh, let’s not forget the psycho move in [[LEH]] too.
I’ve never seen the banks run like this, ever. These fuckers are moving up with a vengeance, out for bear blood.
Trust me when I tell you, short sellers are being depleted entirely of walking around money—similar to what the bulls felt two weeks ago.
If you’re not careful, the market will bankrupt you, then drive you to the front door of your local mental institution.
Finally, it’s worth noting, “The Fly” is confident his fortunes will increase next week. The year is young. We’re just getting started.Comments »