As I’ve already posted that I’m long heavily. It is therapeutic to talk your book. Everyone does it because everyone is typically nervous about being wrong to some degree. During these times those feelings are heightened a smidge. A gap down open is what I need and what I want to see. It spells temporary exhaustion and will trap the living the shit out of anyone who gets short tomorrow with new money, sells any long holdings into it, and people who think the market will drop 1000 pts tomorrow who have carried their shorts over the weekend. Watch for an intraday move today that creates a long tail  (speaking in candlestick terms). If you get short tomorrow as a swing trade you might as well shove the entire taco bell menu directly into your ass and pour Cholula sauce all over it, because you will get roasted and will have the sweats like nobody’s business.

Be careful out there, the pessimism in the stock blogging world is deafening now.

Thanks for reading

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