Maybe I am stupid, just doubled up again on MVIS here at the close at $12.53. Tomorrow, I'll have to sell some stuff, since I am as close as I want to 100% in equities, and I'll have to raise at ;east some 15% cash if i want to continue and play "lunch tactics" (g). You got to pay you model, and we are at the low part of the range where the model said "BUY, BUY, BUY", or Tora Tora Tora. Now is the time to sing the hymn of the Republic, but change the words to "I have seen the white in the eyes of the market makers, and they ain't that bad..." (Unfortunaetley, it does not "sing very well ..." (g). Today is capitulation by any measure I know, and while we can get an opening lower low tomorrow, I am quite confident that by the afternoon, I should be able to harvest some fruits of today's patriotic risk taking...
Zeev |
