Well, the Tim-is-traveling effect clearly works, even if I travel on weekends. It just has a lag time.
Indeed, I should be ashamed of myself. And ashamed of my fear. What would Dr. Peterson say to me? Don’t be weak! Yet there I was, on the Southwest flight home, and I knew the futures market had opened. I’m a cheap sumbitch, so I hesitated to spend the $8 on Wifi, but I just couldn’t take it. I was eager to see what futures were doing. Probably getting wiped out, right? I sure hoped so! So I paid my eight bucks, fired up thinkorswim, and……….
God DAMN it. I was so pissed. The red arrow marks the open on Sunday. Why, oh why, was the market UP? Corporate buy-backs are done for the year! The Fed meeting (AKA tapering neutron bomb) was on Wednesday! ARGHHHHHH.
But in the back of my head, I thought, Tim, STFU, this won’t last. The winds of change are in your favor. And, thus, the idiotic vomit higher from the wicked bulls was unwound in short order.
I am exceptionally busy this morning, both with product development (ahem) and trading. I will note in passing:
Perhaps you are acquainted with the Cover Curse. I sure hope so. Suffice it to say, this is really horrible news for the man. His future, relatively speaking, is probably going to be as disappointing as that haircut. Just watch.
