Yeah, I went double short SPX back on Jul 27 when it was at 1117.36.
I have been double short every day since then and plan to remain so. I've been buying selected puts during significant rallies.
I think the U.S. economy and the stability of the U.S. equity, bond, and currency markets are much, much worse than we have been led to believe. I base this on the analyses of respected analysts like Prechter, Faber, Celente, et al., as well as my own analysis and anecdotal observations.
In addition, I think the illegal alien African Muslim is a complete fraud, disgrace, and disaster. I cannot see him or his enablers solving anything. They'll only make matters much, much worse.
Yes, I'm mildly concerned with bear-market rallies here and there, but I am much more concerned about missing out on the coming big collapse, which I am convinced could come at any moment between now and next Spring. That's why I stopped trading in-and-out on July 27 and went double short. When it happens, I think it will be like a bolt from the blue and it's going to be ugly beyond imagination.
I own physical silver too. I do agree with you regarding the prospects for gold, per our conversation last month, but like I said before, I was late to the dance there, so I have no gold.
If we rally tomorrow, I'll buy more puts. |
