Mellow Out

  • A brief note. Tomorrow is options expiration which is subject to disruptions and unidentifiable trends.
  • Today’s trade was really troublesome.  Internals were very weak.
  • Gold positions slaughtered me today and I will watch the overnight.
  • Some are hoping for a continued decline for a final capitulation.  It is getting boring, I know, but a cataclysmic decline would put an exclamation point to all this.
  • In the mean time stay with a portion of your positions short.
  • Meanwhile take ten minutes to listen to this and mellow out: Mott The Hoople “The Journey