If I may indulge in a bit of escapist fantasy (and I’ve probably made it quite clear this so-called market is something I’d quite like to escape, or at least exchange for a real one). Here’s my dream scenario:
- This ridiculous political theatre leads to some kind of bargain;
- The market, trained like a mass of imbeciles to rally on what is touted as good news, does so;
- The /RTY pushes its way back up to 1827 or thereabouts, which is a major point of resistance;
- I get the opportunity to load up on puts again at good prices;
- The market realizes it’s been had (again) and starts selling off for weeks
I realize 1827 isn’t the number 1812, but, hey, it isn’t trying to come up with these themes.
