Late start this morning, everybody. Long night. But I’m delighted to see that what could have been a disastrous victory for the bulls has ended in the only result that they deserve, which is disappointment:

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Late start this morning, everybody. Long night. But I’m delighted to see that what could have been a disastrous victory for the bulls has ended in the only result that they deserve, which is disappointment:

Earlier today, I doubled my short position on Brazil fund EWZ (by way of long puts) since XLE has been such a train wreck (Thank YOU, TNRevolution). My timing was good, because shortly thereafter, for reasons I neither know nor care about, it broke intraday support.

Much like Senator Graham, maybe my Sgt. Pepper’s outfit will finally get a chance outside the closet today.
I direct your attention to the small cap futures which, as a merciful God has provided, have cracked medium-term support.

Well, there’s no doubt that the idea to short Brazil by way of EWZ has turned into a roaring success.

Greetings from my pitch-black home office. I drive my family bananas, since I constantly turn off lights. I like to be in total darkness. I’m sure you’re shocked.
In any case, I’m pleased to see that the item with which I began the day – – a suggestion to to go long Curve ($CRV) has panned out so far. It’s second on the hit parade.
