The liquidation continues, bulls are nowhere to be seen, and switchboard scores are the lowest I’ve seen. This is a major win for my market model after it scored a series of modest wins. Overall Rose Colored Sunglasses stands at a staggering 9 for 13 with 2 knockouts—a fight record to be proud of.
I’ll be honest, when it triggered last weekend I was a bit apprehensive. I had to reach out to Uncle Buccs and talk it through because it went against my new month voodoo. It also was tricky because we were coming into the 7th inning of an Exodus hybrid oversold cycle.
Nevertheless, I adhered to my model and avoided taking new risk (almost) all week. I threw on a lotto TSLA position yesterday at the bell because of the uncertainty of NFP. It is a dud. Most lottos are, hence the name.
My cash is the highest it has been all year. I worked the Nasdaq short well enough to eat rib eye all month, and my NUGT boner is starting to tingle.
Dr. Dre dropped a new album last night and it would behoove you to play the album for all your neighbors to hear. Here’s my switchboard then below it my favorite driving tune:
Raul – all I can say is that I’m a believer…. Indeud.
Thanks again for talking thru it w me Sunday.