Good morning, everyone.
Well, look, I’m not very bright, and that’s probably a very kind way to put it. But those of you out there with any sense at all have probably figured it out by now. At least, I hope you have. Simply stated:
- When I’m being an arrogant little twat, you should go completely bullish with abandon;
- When I’m hating the stock market so much that I can’t even write about it, and I’m questioning every life choice that I’ve ever made, and I’m so heartsick that I even manage to come down with Covid again, just to feel even more horrid about myself, then you should buy every put with a ticker symbol.
I mean, hell, I even said so out loud:
Could it BE any more obvious? At ALL?
In any case, you know how this movie ends.
Just to keep driving the point home, just look at my behavior in recent days:
- I extracted a full 25% of the cash out of my account, just to have less exposure;
- My content creation dried up to a near trickle;
- I whined and moaned endlessly about how much I hated the market, how this was intolerable, and how disgusted I was with every little thing about equities and all the bulls.
So if your entire net worth isn’t in puts right now, yer a durn fool.
As for myself, I’m stupid, but I’m not so stupid that I’m going to blow all that cash back into my account and start AFTER the market has cracked like this. Let’s just say that, for the sake of my very tired spirit, I really, really, really, REALLY needed this dose of unexpected good news, and I didn’t even have to get on a plane for you to provide it.
Oh, and one last thing. All those experts, and all those “notes from the Goldman Sachs trading desk” that Zerohedge has been pushing, tell you to buy stocks like crazy? They’re obviously all full of shit. And they’ll never love you like I do.
