Friday, May 18, 2012

'87 crash redux in the making?

S&P sitting around 1295

I'm just saying the similarities leading up to the weekend before black monday in October of '87 are EERILY SIMILAR....I'm no conspiracy theorist, but the market is telling me that something is very very wrong....I'm sitting here very very leveraged short since the high 1300's low 1400's and I'm sick to my stomach....and not because I'm losing $...quite the contrary as I've racked up the best 2 week gains of my career...but from a Human level I'm sick, because I think a crash is a distinct possibility next week....I have not and WILL NOT be covering any shorts...not till the market makes me....

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