Tech Talk

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As I pledged on Friday, after my feckless (albeit profitable) dumping of QQQ puts, the NASDAQ is doomed at this point. My 25% profit became a “would have been” 125% profit, and the felicitous gods above get big giggles crashing markets after I exit them.

Since I am as good as my word, the NASDAQ, while not crashing, is certainly resuming its slide this morning:

0610-nas

As if this weren’t bad enough – – and to once again demonstrate heaven’s sense of humor – – comes now Dennis “the menace” Gartman as reported in sister site ZeroHedge:

0611-dennis

(As a side note, what is it with this guy and “shall“? I did a trial subscription to his $400/month Gartman Letter, and faux Elizabethan language abounds. I wonder if the chap wears pantaloons while typing out such drivel……….)

0611-shall

In any case, we can all rest assured that my exit from those QQQ puts will make me feel even more distressed and hapless than ever.

Forward!