DM: Wow man! How did you know that they would bid up the prices?
WSR: We didn't "know", actually we just had a hunch they would.
DM: But, they are still high on "Hopium" and in a frenzy man from "THe Jackson Hole Show"
WSR: Actually ,Uncle Ben gave them a placebo. He will only act if A.) The news the next 3 weeks is much better or B.) The SP500 crashes back down towards the lows or even lower! It would be silly to do anything if the markets have stabilized. He knows that.
DM: You think we are about done with this short-rally?
WSR: Yes. The market actually turned positive for the year for a brief moment at the end.
DM: You mean the market was positive for the year with all this stuff going on?! That's crazy man!
WSR: I know. That's why we added to our short at the end. The markets done for now. Maybe a little "more"; but it's running on fumes and the party is over. It touched the 30-day Moving Average and now-Pssst.
DM: Whatever that is, man. I think you are right.
