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I was intrigued – – but not the least bit surprised – – to see this headline:
While Dennis claims that he’s throwing in the towel in order to work on his golf game, I strongly suspect the true reason is that these markets have become untradeable, except for the buy-AAPL-and-hold-forever technique, funded wholly by the Fed (thus, in turn, by the taxpayers of the year 2382).
The stock market was at its highest level in the 13 billion year history of the universe just yesterday, but my 50 position all-shorts portfolio had 43 winners, 7 winners, and the breakdown of profits and losses was $12,451 on the plus side and $175 on the minus side. So I’d say that’s pretty goddamned good in this wretched, crooked, manipulated, fraudulent environment that Jerome Powell has created. May he burn in hell for all eternity! Times two!
With that happy note, I present to you my ten most profitable shorts: