I am having my hair lit aflame, by idiots who think the world is ending, and you fuckers think it’s funny?
So the market likes to crash every other day; it’s into that sort of thing. After all, everything is “unprecedented” and entirely “historical.”
Look assholes, buying National-Oilwell Varco, Inc. [[NOV]] and The Mosaic Company [[MOS]] are ultra contrarian plays. Anyone who thought there was no risk, buying a stock down 70%+ from its highs is a fucking imbecile.
Aside from this wonderful oasis of internet fuckery, “The Fly” has real issues to deal with, such as my fucking head being lit aflame by NOV and MOS, not to mention [[UYG]] .
So, pardon me if I am not able to tell you fuckers to go fuck yourselves in the comments section. Just know, that I would tell you that, after any bullshit comments that you may leave.
Back to my gameplan of chasing shit down rabbit holes:
The action in commodities is as bad as you can get, as you know. They are all hitting new lows and all hope is lost, especially with the underlying commodities tanking.
Holding the fort, at least for today, is clearly idiotic. Although I hate to do it, I may force my hand to reduce risk, via applying my cash position into hedges. It makes sense for me, since I still have big gains. As for you: go eat a sandwich.
UPDATE: I sold out of my entire [[UYG]] position and rolled it into [[SKF]]
Clarification: In order to stop the bleeding and act somewhat responsible, I ate a small loss in UYG and went long [[SKF]] , in size. Also, I have a 25% cash position, ready to deploy by the end of the session. Regardless of what I want to happen or think, this fucker is nose diving, on a global scale. So, it makes sense to keep my destroyed commodities, while getting short a few bad banks. If I am top ticking SKF here, it is acceptable, since my longs will protect the upside. In short, I am late, but not stupid.
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