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When we compare similarities between (a) this week in trading; to (b) Herve Villechaize, we attain these results:
Short
Sweet
Provided comic relief to Mr. Roarke's more serious disposition
I am quickly preparing for a long weekend in Colorado Springs, so I'll have to do a post sometime this weekend – – perhaps (yet again) late on Sunday. Congratulations to all the nimble bears out there. We made a boatload this week!
There's ten minutes left in the trading day as I type this, but I'm done. This week has been spectacular, and I am ending it with a greatly reduced exposure, having taken many profits off the table. I have no index positions of any kind, although if I were forced, I would be strongly inclined to buy DIA calls, which look sensationally bullish. I am preparing for a plane flight, but I'm going to try to make time for at least a short post before I leave.
Just as a reminder for those of you in other parts of the country bellyachin' about $4 gas – – here in the San Francisco Bay Area, everything costs more. A decent house in a nice town is $4 million. A decent salary is a quarter million bucks. And gas is – - well, just take a look at this photo I made while zooming by a local Shell station. The price you see, $5.21, is for regular, self-seve. Drink up!
Oh, one other thing. If you ever think that the major news outlets of this country have their priorities messed up, think again, buster.
Well, those of you short the EUR/USD are already having a great day. Check out this swoon.
As you might expect, this means gold is sharply lower.
The pre-market ETFs (SPY, QQQQ, IWM, etc.) are up a bit over half a percent. The next 3 1/2 hours should be quite a ride. Good luck!
By the way, if you feel like downpointing a couple of jerk-offs, have at it. This sort of thing only reminds me how nice it is to host a forum where the participants know how to spell. And think.
For those of you expecting the second video, sorry; it's nearing midnight, and I've got to pack for a trip; no time! So you'll have to content yourself with the "big picture" only…………
