THERE WILL BE SHENANIGANS

Today I placed my first index hedge since this bull run started at the beginning of August.  There has never been a transient reason to don protection prior to today, and to be clear I prefer transient reasons for most any market action.  It is simply my nature.

However, we must always explore outside our comfort zones, and doing so has been good to me.  Look at these investments, GPRO and TWTR, the former quickly nurturing my book and the latter finally beginning to bear fruit.  These positions are funny, two of my largest, and I do not keep an active chart for either.  They are investments.  I observe them occasionally inside the newspaper, old school.  Oh, how I have digressed.

You guys truly run wild sometimes, carnivorous animals hunting out your next meal.  Sentiment says otherwise, that we are all cowardice leaf eaters who lie in tall meadows waiting for better days.  The group’s speculative fervor is something I never claim to have a firm handle on, but I can attest to my own.  It is running hot.  My book is juiced up like Arnold’s tits in 1986.  Something had to be done.

Thus I juiced in the other direction, buying weekly calls in TZA, FTW, lol.  Because I expect a very transient CORRECTION, you got it?  I don’t need 10 stinking days of protection.  I need one, tomorrow, because according to my god damned almanac, the apostles creed for all intents and purposes, there shall be shenanigans of the highest order tomorrow.

May said shenanigans take the form of an egregious gap-and-grind-up, rendering my protection dry and stale, and my juiced up book all the richer, amen.  IF NOT, well at least I can pull a downside trick.

NEUTRAL EXTREME DOWN YESTERDAY, NETURAL EXTREME UP TODAY, CRAZY OUT THERE!  Keep your wits, focus on what you can control-your risk, your mind, your plan.

Kiss kiss