I liked the Harry Canyon scene, taxi driver in heavy metal. I went size in inverses for overnight cuz tomorrow's another red day as I said it would be. I put a couple of you on block for 4 hours and the sky is falling lol. But overnights by far the most entertaining guy here so voila no block lol. Anyways, I made $$ today being BOTH bull and bear, pair trading long bias SOXL vs my sweetheart inverses SQQQ/UVXY. Gdnight ladies - let's make more $$$ tomorrow, eh?
Red day ? There is a decent chance the TSX will put up a new ATH for a fourth day in a row. Try to keep up.
For those wondering how all the etfs are doing today that Ken went to in "size" last night, here are the daily moves so far : UVXY -2.7%, TZA -2.7%, SQQQ -5.2%, SDOW -2.3%, SPXL -3.1%, SCO flat, SARK -3.7%. Most did far worse last week. I wouldn't post this but he likes to pretend his calls are good even before the day starts. When he's wrong a ton and slips in these 'look I'm right posts' I just say enough with the bs dial it down cowboy. The last week and a half he got owned his calls were awful. Keeping it real.
But the Shorts obsessives are evil, they are rooting for pain and suffering They want to see people broke and jumping out of buildings Perma bulls want to see everyone happy and rich It is a bit like the Dark and Light sides of the Force. The Short sellers are the Sith and the Permabulls are the Jedi
Well you might be right about the two types being equally bad but there are a lot more perma-bulls than perma-bears. Naturally with the upward bias overtime that would be expected. Many perma-bulls just don't know when to pull up stakes till the bull comes back. But I think numbers (whatever they are) don't lie. More bulls than bears even in bear markets lol makes me think there likely are more perma-bull than perma-bears.