Except for Israel all these other places are going to shrink.

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Except for Israel all these other places are going to shrink.

In spite of the Dow Industrials blasting to their highest point in human history today, the vast majority of my short positions went down in price (AKA a good thing), a few of them substantially so. Another victory for SlopeCharts!

Like many of you, I grew up during the Cold War. For my entire childhood, the U.S. and U.S.S.R. were the bitterest enemies, and there was always a lurking fear that someone would press “the button” (wherever it was) and bring all life on Earth to an end. It didn’t make for a great atmosphere, although in retrospect it at least helped most politicians in our own country more-or-less get along with each other. Few things unite a people more than a common enemy.

As I mentioned, I bought DUST this morning at 10.08 with a stop at 9.65. The charts of the miners suggest to me they’re about to turn south.
