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As everyone on Earth knows, CrowdStrike has completely screwed up the computing world with their ham-handed software patch. What was curious to me is that so many folks were suggesting buying CRWD when it was “cheap” on Friday as it was getting trashed. Indeed, I had dinner with friends on Saturday night, one of whom proudly told me he had bought a ton of calls on CRWD for the same reason.
Well………….
This morning’s strength in equities should come as zero surprise. It makes total sense, and I welcome it, since I believe within the span of this week it’s simply going to open up another opportunity to get short at even better prices.
I will mention, in the meanwhile, how interesting the difference is in the behavior of symbol DJT this morning. Take a note of last Monday’s explosive leap contrasted with this morning’s much smaller leap, which has already been obliterated. In each question, symbol DJT is pondering the question: “What are the political implications of what just happened over the weekend?”
