Earlier this week, I wrote a despairing post called Annihilation Nearly Complete. In it, I essentially said the bears were 99.9999% finished off, and that there was almost no hope left. (Oddly – – perhaps even schizophrenically – – I also did a post for PLUS users suggesting EWZ, EEM, and RSX as good short ideas, which turned out to be three great trades almost to the millisecond I posted it).
Putting up such an “all hope is lost” post is a true rarity for me. Indeed, it reminds me of October 2007. I actually managed to scrape up this fragment from the Internet archive which shows what I was writing back then; sounds familiar, doesn’t it?