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As I’m typing these words, the /ES is green, the /RTY is green, and the /YM is green, and yet:
The majority of my short positions are having a good day, particularly since I have a concentration in semiconductors. Not bad! Let’s keep it going.
In a sane world, the Dow would be about 30,000 points lower than it is right now, but the world, as we know, isn’t the least bit sane.
Over the weekend, as war exploded onto the scene again, I watched with eyerolls how IG Weekend was down about 0.25%, and BTC unchanged, in spite of the news. Once the futures finally opened on Sunday, yes, they fell somewhat, but they began to rally. I was so nauseated that I turned every single screen off and pledged to myself I wouldn’t look again until right about now.
Having fun, bears? Or should I even bother using the plural? In any event, the diamond continues to hammer out beautifully on the SPYders.
I owe a debt of gratitude to Platinum member NightHawk for saying this yesterday morning in response to my Meta post and directing it to me.
That immediately prompted me to short the bejesus out of META, and the results have been great!
