“Beware those who seek constant crowds for they are nothing alone.” – Charles Bukowski
If you missed it, you might want to take a look at this tweet for a succinct summary of the current investment picture and prevailing mood. It’s very hard to do a better job than that comment to highlight the status-quo. Furthermore, since we are on the subject of tweets, a subscriber sent it this gem.
As readers know, we are definitely not fans of buying highs, so if forced to participate in the buying party, we would much rather focus on ZBs, possibly GC (as discussed in the webinars, we prefer to express this view by holding short USDJPY) and for the high adrenaline junkies why not look at the VIX 😉
As always there is no substitute for real-time/live action; if you are interested in attending a daily morning call into NY with a more detailed live discussion on all the charts and ideas we highlight/review in the outlook video and here on the blog, you should check out our Daily Webinar Group.