set alarm and had away time already... alarm did not trigger but this is likely calm before a storm...
We've got big problems here Mick. They're just not talking about it yet. Commercial real-estate is gonna be in a hurt locker. Tenants won't be able to pay those exorbitant rents, many will go under. Then the land-lords will be in a pickle and lots of them will go bust... and you know who's next in the food chain... the banks. I guess we'll keep printing money, but for real, this time really is different. (I know that's an adage many on WS like to mock, but this time is different. Sure they'll get a vaccine, but by then the damage will irreversible and irreparable. Like I said a dozen times now, we'll get these rallies until they flat out ban short selling, but we are going to ratchet down a few clicks at a time.
Banks Look terrible but it looks like they have 2800 in their sites again. Get a nice virus vaccine near and were at 2850-2900 fast to crush the last 2 days shorters
We are currently in the middle of a massive upmove which started yesterday within a few minutes of my call.----Staying long--- Headed out for 18 --Talk to you soon.
Yup, no way am I bullish long term, I'm just calling a day or two at a time, that's about my limit, and if super volatile, those calls will be wrong.