The hard cold truth.
There is very little “if any” money to be made on the long side. Period.
If you love “anguish and grief” then great. You can do your best to push though this “as a bull” but……you will likely wake up “morning after morning – for weeks on end” hoping to see a few extra pennies added to your account, only to find more shitty ads on CNBC, an empty sugar bowl, rats in your attic and a dull pain behind your eyes.
With a general view that we ultimately move “significantly lower”….this thing is doing “this” at best:
Who could be bothered?
Short of looking for some “big red candles” to follow – I could just as well have a completely “alternate identity” picking coca leaves in the mountains of Peru as opposed to contemplating this.
Imagine it going sideways for “the next 4 months” and I think you get the picture.
Big red candles or bust folks…otherwise….you’re just wasting your time.
I AM STILL EXTREMELY SHORT USD.