The Oracle has spokenI listened, sold all my sales into the shorts and bought some AC today. Going long on the blue skies of the airline industry. Businnes travel will be back immediately. Heck, Health Canada just approve the Johnson and Johnson single dose vaccine today. I guess that probably means we got 30 million doses immediately. Yeah decriminalization / deschedulingmixed with a bag of states rights, just wont cut it. After all, thats the Linton holy grail.
I just thought i'd write a steaming pile of B.S since thats all read here today.
This macro sell off was predictable, and is overdone. Quickly looking at some RSI's out, oversolds are hapopening everywhere. Shorts love taking out stops. Free money for them.
I'll tell you what I think. In 07/08/09 anytime there was going to stimulus or its was debated whether is was enough, or too much, or if the taper would start the markets /mm/s would literally, like now, communicate to the government, the feds, the Senate, the things weren't OK. they would freak out. This a stimulus spazz
Senate will debate til Sunday. Nancy might even get to ratify Sunday night Monday morning at the latest, it's on Joey B's desk by Monday getting signed. 1.9T goes a long way.
$24 eh? It was $35 two days ago.. I dont respond directly to you anymore, as I know, you paid if I do. Days like this I will remind myself that this only ends one way. If you and your firm can ram down that far, I promise, I have a massive pile to buy into you. That's just gonna be a monumental short. Yous had a really hard time getting it below $21-$20 all Summmer. I have been keeping track of the inflows ( the best I can), there have many billions added, outside of the covering sice end of OCT.
I wonder if the SAFE stand alone get tabled right after the stimulus? Lets see, who do I listen too? The Oracle? Or Chuckie S..?
Cheers longs