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The legacy of the hideous Neumann vermin continues to plunge new depths (not that it matters to them; as you know, they got away with the entire scheme). What possessed anyone to buy this fraudulent pile of moose droppings is far beyond my capacity. It’s deep in penny-stock-land now………and this from a guy who declared he would be the world’s first trillionaire.
As I mentioned last post, I dropped to my knees, thanked my lucky stars, and eased back on positions. Here is my present positioning:
The easing back comes from two places. One, spending the weekend scared to pieces about what today would bring, and grateful to have less risk on, and two, cognizant of the CPI report in the morning and not wanting to get unexpectedly run over. The point is that my nerves have had their fair share of strain over the past 48 hours, and I’m giving myself some peace.
Although I reduced it a full 50%, my EFA short is still my biggest position, and the top has completed nicely with a gap this morning to boot.
(more…)I was terrified that today would be a financial apocalypse. Instead, I’ve made a TON of profits, and I’ve also trimmed back to 17.7% cash so I feel less exposed. Those lying fuckers like Yellen (may death visit her soon – – – make it slow and lingering! cannot be trusted, and I am grateful to G.T.F.O. of some of my more aggressive positions and have cash. I honestly never, ever, EVER expected to be greeting pre-open with this glorious sea of red:
