From the most sincere depths of my heart… I have zero sympathy for short sellers who are trapped in this market. I warned you on Friday last week to get out of my way as I started buying SPY around $138.80.
Because I am a nice person, on Monday I warned you again of your impending death.
Now no one can help you, pay the piper and cover your asinine position… this is what happens when you bet on the fall of the American Empire… without my permission.
The market is yet to be overbought… I think we rally a bit higher from here… and I will just sit tight until then before I take some profits.
Status updates on some of my current positions:
I love how First Solar FSLR is acting… could have an incredbile short squeeze this year.
Volkswagen VLKAY is looking good
Short Yen YCS and long Japanese exporter Toyota TM… working well.
AAPL looking ok, but I would like to see it hold $550 today.