Honestly, I have no idea how we made it through this summer largely unscathed (at least thus far), and -assuming you played along our setups – even managed to accumulate some more ill-gotten (and very politically incorrect) gains. A bit of luck didn’t hurt of course but for the record: we truly worked our butts off in order to squeeze whatever edge we could find out of an impossibly volatile and sometimes erratic market.
And not in a good way, I may add. I just checked the event log for the remainder of this week and it looks rather petrifying: Starting tomorrow one market moving event after the other, and given the current frailty in equities the potential for continued hilarity can not be ignored. FYI – I didn’t include the core consumption expenditures report today as that one will already be priced in by the time you read this.
I swear I can’t take a single day off without you guys making a mess of things. Now although I was busy with some code refactoring and bug fixing duties I kept a very close eye on equities yesterday just in case there may be a reversal play at hand. But what I’m seeing thus far leaves me with a rather mixed perspective. It’s time for a late June gloom momo update.
The VPS which was serving the Zero indicator until it died Monday afternoon mysteriously came back from the dead last night (no religious jokes please). Which of course had very little to do with the fact that Scott happened to have prepaid those cats for an entire year and thus managed to dispute the full payment with his CC provider. Because if that was the reason then it would serve as yet another reminder of the absolute and somewhat sad predictability of human nature.