It’s a strange day today. Since the wee hours of this morning, Slope has been, from my perspective, offline. But this isn’t really the case. There’s a big-ass (I’m using technical terms here) problem with chunks of the Internet, partly thanks to the world’s most-hated company, Comcast. If you’re interested, you can see the commotion right here.
As with yesterday, I’ve been shorting left, right, and sideways, in spite of the market being annoying almost beyond words. Indeed, in my options account, I’ve done something I’ve never done before, which is put every single penny into positions (I’m often very conservatively positioned, with the majority of the account in cash). You can call me The King of Puts. (Alternately, King Putz). (more…)
