What Was THAT?

By -

If you could see inside my brain a few days ago, you knew this day was coming. I was actually toying with just giving up and buying dogshit like KLAR, only because it seemed the market was never, ever, ever going to go down again.

And then Friday happened…………

I mean, come on. The VIX was up 40%. Now THAT is a day I can enjoy.

For me there was plenty of good news:

  • I came into the day long SOXS (triple-bearish semi ETF);
  • I already owned a bunch of put options;
  • I was already short about twenty positions with a concentration in semiconductors and tech;
  • I was also effectively short treasury bonds

Of course, sad-sack, never-can-be-happy piece of dog poo that I am, I was more focused on the bad stuff:

  • I sold my SOXS only to see profits double on the position by day’s end;
  • A couple of my accounts had virtually NO exposure of any kind;
  • And I continue to beat myself up mercilessly for not making an absolutely fortune on my Bitcoin insights, which were lucid and superb

It’s no surprise that I slept so deeply Friday night. It was a harrowing and action-packed day.

So, what’s next? Let’s take a look at the key indexes, visible to all of Slope’s paying customers, who have the savoir-faire to keep the lights on in this place.


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