Should the Market be Lower?

Probably.

Shit Fannie Mae should have been a teenager 5 years ago when I was shorting it. When it broke, it just took a few months for a 70 percent drop. That timing game is just too much work for me. It’s truly a full-time job and you better be good.

In the end, timing the end of the world is a tough game. If you want to go for it, there are lot’s of people on my blogroll trying to game it.

In the meantime, deals are starting to happen again (witness LIFC) and the global stock markets are doing pretty fucking well all things considered. I for one am happy about that.

In the old days I would be stressed, short and now pissed at the 1,000 plus point rally in my face.

Today, I am short China just to look smart and long about 30 other stocks because they are just working. There are 100 or more other stocks that I should own that just look good. I started with a list earlier today.

Stay cool and positive…it pays.