Hey Rob,
The wording pi**ed me off the most.
AG: "Ya, things, suck. Not too bad like 1929, but they suck, so maybe, but not positively, but very probably, in a pinch, with some indicators that we know we will see soon actually showing what we know, and after I have a hearty breakfast, we MAY lower another half point inter-meeting".
Market Read: Ambiguous, non-directional and of course 'uncertain'.
Unless, CSCO/MSFT/Big Blue says something really good, really soon, I think Shack's re-positioning into tech puts just might be the best way to go.
The fund selling/shorting was relentless late today, imho. But, as usual, wthdik.
PS: It was fun to watch Kernan on CNBC today with steam coming out his ears, tho. |
