Shorts are screwerd today

What a market. Longs , shorts both should get screwed. Don't be surprised if the market closes 4% green today. Anything is possible in this market.

 

Market is having a hard time holding +4 points other than +4%.

 

True as of now.
I did not say it will. I said it is probable.

 

They can put on brand new fishnet stockings and apply lipstick with a paint roller, but this pig just ain't gonna look nice for very long no matter what they do.

There's too much debt, and nobody is interested in even slowing the growth in spending, let alone actually cutting back.

TANSTAAFL, by golly.

Of course this is a longer view. Not just for today or even next week.