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My recording sessions with Audible, Inc. continue, and this afternoon I’ll be donning the headphones to continue reading my Panic, Prosperity, and Progress #1 national best-seller (ahem). I’ll do a post about these suddenly-interesting markets this evening.
Heh. Just kidding. I figured I’d join the rest of the web in the act of shameless click-baiting.
I will say, however, that the Russell 2000 has broken important support and – importantly – is at the cusp of breaking another terribly-important trendline. Plus, if the market does crash next month, I’ll just show the headline of this post without the text and be a hero. I can’t lose!
One of those “one that got away” stories for me is Herbalife, which I wanted to short when the insane Ackman/Icahn battle was raging away. I felt the urge to be short HLF only because I consider Carl Icahn to be repulsive, with the moral rectitude of Bill Clinton and the boyish good looks of Jack Ma. It was also icing on the cake that I considered the company itself exploitative and scummy. All the same, I couldn’t find a single share to short, and I’ve watched merely as an interested bystander as it has lost over half its value over the past nine months. Nice goin’, Master of the Universe.
