I am deeply disappointed that, having survived the Draghi turmoil yesterday, I have to face a soaring market based on... nothing.
Today for me, in a word, sucks. I came into the day heavily short, and as you might gather, that didn’t work out so well. I am deeply disappointed that, having survived the Draghi turmoil yesterday, I have to face a soaring market based on... nothing.
At this point, keep an eye on the gap that started off the year. That’s a reasonable target for this ascent. The exact value on the cash index is 2043.62. I’ll return to sulking now.
(Click on image to enlarge)
This blog is not, and has never been, investment advice. It is a place that allows me to express my own views on the market and specific securities – as well as make whatever cultural observations or other odds and ends strike me as worth writing about. So I take absolutely no responsibility for the losses – or any credit for the gains – you may or may not make from reading this forum. Whether you lose your life savings or make a fortune is entirely up to you and your own skills/luck/fate.
Please note I am the principal of Tim Knight Organization, LLC, a California-registered investment adviser. The content of the postings and investment strategies and discussions provided herein do not necessarily reflect the views, opinions or policies of Tim Knight Organization, LLC and Tim Knight Organization, LLC makes no warranties regarding the accuracy of their content or their completeness.
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