Yeah, these levels are just too incredible. A lot of reasonable people are sidelined thinking it’s too late to short. Well, if you think it’s too early to go long – then it’s not too late to short. And vice versa 🙂

Real people are doing ok so far, but I’m not sure about near future. I think February and March will be worse than November. But that’s like a zillion light years away.

Short bias until next week. Pops are to be sold until next week.

Good luck tomorrow!

On the break down I think I got so pissed that the whole thing was collapsing that I couldn’t bring myself to put on my short ETF’s – I really thought they would try and recapture that 775 level at the close.

Now I will have to put some on, even though I am getting really depressed about what this is doing to real people and what it means for the future.

Need a drink.

Fukitol is for bulls only today, they truly need it.