Pressing Everything I’ve Got

This is it, fine people of the interwebs, the moment where I typically blow myself into 1000 pieces via pure, unadulterated gluttony. Take last Thanksgiving for instance, where two dinners would have been sufficient, yet I pressed on and had a third while sitting Indian style on a linoleum floor. I felt like a grain fed cow afterward.

I have put all of my capital to work, in a variety of methods, to achieve a levered risk stance. On the surface, the risk seems immense. Curiously enough however, most of it was assumed at much lower prices. I have worked my eyeballs and fingers tirelessly to gain entry into my positions patiently, a little slowly, tenderly…and now we wait.

Some crazy-eyed speculator killed himself, but before he did he told everyone he made the most money by sitting.

I’m echoing the dead man. I have targets in mind higher. My book was propelled today by an influx into LED lighting. Tomorrow Elon Musk will see fit to throw Tesla investors a bone, enriching himself in the process. Thursday the Israelites will bid for shares of MLNX, and I will have my merchant cart out, selling bottles of water and neckties.

I am describing rotation, you see? I came into the game at the depths of market calamity and fumbled my way around the high correlation world. Stock picking, and the easy to define risk associated with it, just meant you had five positions stopping out all at once every time the market traded lower. ETFs and their traders were king, it was pretty lame.

Now we skip on landmines, gingerly, and one or two combust our portfolio higher every day.

Stay tuned as the market attempts to rain pianos on my person.

Top pick into tomorrow’s tape: TSLA

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