Good morning STB!
Yesterday Falcon contacted me on X confirming my fear that Disgust was no longer operating the comment section. I was not seeing a comment section at all. For me, for some time, I could only see the comment section on a mobile device. It was obvious what would eventually happen. I’ll see if I can revert to Google blogger. As you know RC was eliminated, and they eventually took me out as well. I guess it was only a matter of time. The new LLC is being set up to house new operations, so the new longly touted blog is coming. Having experienced a nightmare of leaving blogger once before, that forced me back to blogger (the blocking and “unsafe website” notices), we’ll give it one more shot. I’ll send mass email announcing the new grand opening. It’s tough job preaching truth. Guess we’re over the target quite often.
Good v evil
On to the lie -
Minis off 20. Massive opex day for SPX. Pesky backtest level 5800 is proving to be. Warms my little bear heart. For those that count, I would assume y'all are rather bearish at this point looking for a giant third wave to come? 5200 is obvious, but I wouldn’t rule out 5000. Will it need a catalyst tho? I’m not sure how far it can bleed organically. There’s lots of trouble out there. Wait till they get to the FHA loan mess. CRE and RE collapse is coming. Banks are in real trouble.
Have a good weekend.
GL and GB!
Side note - did Jackie kill JFK? After all these years of watching that video, was the truth right there and we all missed it? Why is Trump redoing the rose garden? What else did we not see? Wild stuff.
