Tuesday, March 13, 2007
Pure Asshattery
After it is all said and done, the Fed will bail out the sub-prime fuckers with rate cuts. However, until that happens, the Financials will continue to be sold-- like cheap whores in Vegas.
Despite my impeccably bad timing on selling inverse ETF's, I do not believe the market is going much lower.
However, in the event my "calculator brain" is wrong, owning TLT, FXY and DXD are good hedges.
In short, I am taking a few upper cuts to the groin today-- deservedly so. But, as always, I will figure this asshattery out-- soon enough.
Despite my impeccably bad timing on selling inverse ETF's, I do not believe the market is going much lower.
However, in the event my "calculator brain" is wrong, owning TLT, FXY and DXD are good hedges.
In short, I am taking a few upper cuts to the groin today-- deservedly so. But, as always, I will figure this asshattery out-- soon enough.