Fool Me 666 Times, Shame on Me…

By Tim Knight

Well, surely you heard the news that Trump has ratcheted up the Chinese Trade War again:

Look, I’ve seen this movie before. I know how the story goes:

  1. Bears are about to lose hope since the market keeps going higher infinitely;
  2. Trump announces another salvo in the trade war;
  3. Market instantly plunges;
  4. Trump slips on a pink skirt and 38C bra and backpedals his threats;
  5. Market swiftly recovers to new lifetime highs.

Make no mistake, I’m short – – 54 positions – – and would love the market to fall 500 points every day until it was at 0 and every bull had committed a painful seppuku. Honest, I’d love that to pieces, since my hatred of bulls almost certainly exceeds that of Jews against Nazis, but I’m past hope at this point. It’s all a rigged game with no hope and no decency left. It will only end with apocalypse.

Expect Dow 30,000 in the morning. This is a sham, and I’m not getting hopeful anymore. Amazon with a p/e of 300 is just too damned CHEAP to pass up for John Q. Public, because he’s SO freakin’ smart.

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Gary

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