Our portfolio finished the day up just over 5%. Our large short positions are being rapidly accumulated. We know our short side will play out a 30% plus gain; however, it might not be straight up. Do we get cute and play the bounces or do we just sit back and watch the carnage continue to unfold? We haven't decided yet. There is a very good chance of significant market damage in here....which would equal big profits for The Bears. The Bulls are still delusional. There are still huge profits that have not been realized in the markets. We are talking about at least 1 trillion dollars. Cash registers are already being rung. The question is: How many more cash registers are going to start ringing? It would be pretty hard for even the staunchest bulls not to take a little off the table as the ringing gets louder......ring........ring..................ring..........
Let's see what happens tomorrow....A good start today;)
