Category Archives: Snark

Terror Highs

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The latest bloodthirsty attack by the religion of peace caused the ES to collapse by a tiny fraction of a percent for a couple of hours last night, but bulls seem to have a penchant for terror attacks, so all is well again. In spite of dead children and hundreds of injured innocents, the bulls are bidding up assets to prices never-before-seen.

As a chartist, I find the symmetry of these triangles rather interesting, although obviously I’d prefer we not break to the upside.