We love it.
Looks like my idea to short the cruise liners back on February 6th has worked out pretty well.
No, no. Not the Chairman. That was totally uncalled for. Who said that?
Who knows what surprises are in store.
So the Dow falls literally 0.44%, and the molly-coddled, wet-nursed, welfare-queen bulls pitch a fit?
Let’s go ahead and call it.
Besides having a good day in general, my big winner today was Six Flags.
Four hour price bars, that is. They paint a telling picture.
The point is that the NASDAQ is extraordinarily overvalued and is primed for a hard fall. The charts, I shall let speak for themselves.
In the midst of this lifetime-highs-everywhere market, I present to you two IPO train wrecks.