There aren’t supposed to be second chances in the market, but that’s not true. We got a glorious second chance thanks to a combination of BTFD disease, an emergency rate cut, and Biden’s victory on Super Tuesday. All of this result in a multi-thousand point reversal on the Dow, which gave me an opportunity to gently position the necks of the bulls at exactly the right groove of the guillotine. Thus, Thursday was rocking.
I must say, after my night-of-talking-to-myself, and my “new way“, I was in a much better place mentally. It was cathartic and transformative. At least briefly.
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