Countdown

By -

Well, folks, just ten trading days to go this year. I’m in a constant conversation with myself about how much risk to take. I’ve got a good profit. Do I just go to all-cash and guarantee it, thus avoiding the traitorous and self-serving actions of the clearly-cowardly Jerome Powell, or do I boldly try to enhance the profits until the bitter end? Dunno. The market isn’t exactly screaming “bull-party” at the moment. 2620 was the key, and last night’s attempt at a rally flopped before it even got there.

In all likelihood, I’ll remain relatively aggressive up to the Fed meeting. If Powell slips on a pink taffeta dress and runs shrieking in terror from having his feels hurt by a Trump tweet, then I’ll probably just shut ‘er down for the year. Wednesday is the pivot point. It’s going to be exciting.

Do NOT follow this link or you will be banned from the site!