Hello from Hollywood. Here’s where I’m at right now.
Wouldn’t ya know it – – the first time in human history I actually BUY a few stocks, and the market is still getting slaughtered! Oh, well. My 53 shorts will smush any losses my 7 longs provide. It’s a killer, though, because I’ve got 37 other potential shorts waiting in the wings, but I’m starting to doubt we’re ever going to reach a level where they are attractive shorts again. The way Trump keeps blowing things up, we’re all selling into the hole.
4 a.m. follow up – – just as I suspected, getting a little strength from overnight lows. Watch that gap!
