Sigh. Same old, same old. I’m overly confident and strident when the market has been falling for an extremely lengthy period of time (such as two and, sometimes, three days) and my spirit is demolished when the market is at insanely overpriced levels, which makes me too scared to short.
What I wouldn’t give for a good old-fashioned two-year bear market, like in the old days. This two-day shit is for the birds.
Anyway, we’re red across the board this morning, with my energy plays doing nicely thanks to oil petering out.
Here are a few real gems in this sector:
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