Is it any wonder I’ve had little to say as of late?

There finally comes a time where……you’ve seriously “had enough” and just can’t be bothered to explain / rationalize this nonsense.

The Fed “STILL” refuses to spit it out, talking this afternoon as if they are ( rolling on the floor laughing my ass off ) “achieving their goals” and that ( love this ) the U.S economy “continues to expand”.

Again…….laughing my fu$&kin ass off. “Expand”?

Perhaps the “balloned heads” of those on Wall St. and obviously the “waist lines” of the general American populus continue to expand ( a wonderful honor – deemed the “fattest nation” on the planet ) but……the economy???

Fudge.

You boys better get this war going soon as……..even Yellens acting coach is now re watching the tape with consideration that “shit! – we can’t get away with this again”.

Adding short SP 500 at 1940.

 

 

4 Responses

  1. David June 18, 2014 / 2:52 pm

    Liking the S&P short here also Kong on this strength and getting some August PUT contracts.

    Sadly, America is no longer the fattest nation on the planet, that honor now goes to Mexico. Blame the sugary soft drinks (or better yet, invest in them over there).

    • Forex Kong June 18, 2014 / 5:22 pm

      Hilarious…..and very VERY hard to believe as I see very few “obese” people here.

      Perhaps “a little around the middle” as I assume world wide but…..so far – no reality T.V shows / discovery documentries on obesity here in Mexico.

      I’m gonna read up now though…and appreciate you bringing this to my attention.

      I’ve got to see if any “credible source” backs the claim, as opposed to the usual “U.S media clowns”.

  2. pecuniae June 18, 2014 / 3:13 pm

    Hi Kong, 🙂

    Do you have a stop on that SPX short position? With it hitting new highs, shorting seems extremely dangerous when this thing can continue melting higher in a possible vertical bubble top before the long awaited crash. I’m with you about where this market is headed in the long run; however, markets (especially stocks) are known for remaining in irrational territory longer than most, who try and fight the trend, can stay solvent. Wouldn’t it be a better idea to limit that risk and wait for a bit of a bearish trend, similar to the NIKKEI, before committing yourself?

    • Forex Kong June 18, 2014 / 6:34 pm

      No stop at the moment as I’m “swing trading” this little correction and will just plan to blow out the entire position ( across several currency pairs as well ) on the swing / low.

      As it stands…..the 1880 region looks a bit more likely than the 1860-40 I had originally suggestes but hey….who can say these days as it more or less amounts to a days worth of trading on either side.

      I’m not holding short here…..as I expect another shot at the highs so…..it’s a trade.

      Win or lose……it’s a trade nothing more.

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