Hello denizens of Evil Speculator! Just as Mole is off to visit his indigenous peoples of Austria, I’m back from a week of honoring my Fucks Given Reduction (FGR) process in the California desert at Lightning In A Bottle (LIB). Fresh and ready to go deep into some stuff you can actually use to trade with. As a bonus to my Cali trip, I got to spend a time in Venice with a man who goes by the moniker The Trip Advisor, who is behind-the-scene responsible for the biggest hit Post Malone has.
… Take It! Yogi Berra played, managed and coached the New York Yankees from 1946 through 1985. Yogi is known for not only his baseball career but also for his countless expressions that were memorable because most of them didn’t make any sense. However, every one of them has some truth to it and some of his quotes even relate to trading. Does “It ain’t over till it’s over” ring any bells?
This is going to be a quick post as we’re still in the mist of packing and are scheduled to hitch a plane for Trieste, Italy in a few hours. From there we’ll be renting a car and then head into beautiful Slovenia for a weekend stint at Lake Bled (shown above). Honestly I wish the weather would be as nice as in the picture but just like earlier this year in France we’re out of luck in the weather department as the forecast shows almost continuous rain for the next week.
The whipsaw lower continues but I’m seeing a promising looking entry opportunity on the equities front this morning. So let’s dispense with the formalities and personal musings and jump right in. As you may have guessed we are looking at a long entry here, which of course is contrarian to the medium term trend and thus carries a good amount of risk. Please remember that if you consider participating here and adjust your position sizing accordingly, i.e. keep it < 0.5% of your total assets.