Like Shooting Fish? Or Do Fish Shoot Back?

Normally, I would post this as a subscriber update on the site, but I will post to both in order we are all on the same page.

I took out a small short position today against the Dow on the theory (as we have discussed many times) that the NASDAQ/techs lead the way.

My specific trade (and this is NOT advice!) was

Buy X,XXX SDOW Executed @ $31.8264  06/09/17 | 01:56 PM ET.

I am looking at this as an arbitrage trade since the NASDAQ is now down more than 2 percent.

Can all “tape-painting” in the Dow prevent a major drop here?

Well, I’ve got some money where my mouth is…

May or may not hold over the weekend, but between all the “literary language laying” and techs in free-fall, WTF? 

It’s only money… we’ll see how it looks going into the close…

Write when…oh, you know…

2 thoughts on “Like Shooting Fish? Or Do Fish Shoot Back?”

  1. These 2 articles confirm your timelines for economic crash, & may be the reason something bad happens. Sorry for long post, but Please check out:
    “Fireball has the ability to spy on victims, perform efficient malware dropping, and execute any malicious code in the infected machines, this creates a massive security flaw in targeted machines and networks……………..resulting in a wide range of actions from stealing credentials to dropping additional malware………………Based on Check Point’s global sensors, 20% of all corporate networks are affected …………….Fireball displays great sophistication and quality evasion techniques, including anti-detection capabilities, multi-layer structure and a flexible C&C………………While the distribution of Fireball is both malicious and illegitimate, it actually carries digital certificates imparting them a legitimate appearance………..distribution methods appear to be illegitimate and don’t follow the criteria which would allow these actions to be considered naïve or legal……they cannot be uninstalled by an ordinary user, and they conceal their true nature…………….and sell this data to threat groups or business rivals. Banking and credit card credentials, medical files, patents and business plans can all be widely exposed and abused by threat actors for various purposes. Based on our estimated infection rate, in such a scenario, one out of five corporations worldwide will be susceptible to a major breach. Severe damage can be caused to key organizations, from major service providers to critical infrastructure operators to medical institutions. The potential loss is indescribable, and repairing the damage caused by such massive data leakage (if even possible) could take years. Rafotech holds the power to initiate a global catastrophe and it is not alone. During our research we’ve tracked down additional browser-hijackers that, to our understanding, were developed by other companies. One such company is ELEX Technology, an Internet Services company also based in Beijing produces products similar……………possibly the largest infection operation in history……….The full distribution of Fireball is not yet known, but it is clear that it presents a great threat to the global cyber ecosystem.
    Note – A usable program is not always installed on the machine and therefore may not be found on the program list.

    from “Business Insider”:

    “Rogers: It’s going to be the biggest in my lifetime and I’m older than you. No, it’s going to be serious stuff. We’ve had financial problems in America — let’s use America — every four to seven years, since the beginning of the republic. Well, it’s been over eight since the last one. This is the longest or second longest in recorded history, so it’s coming. And the next time it comes — you know, in 2008, we had a problem because of debt. Henry, the debt now — that debt is nothing compared to what’s happening now. In 2008, the Chinese had a lot of money saved for a rainy day. It started raining. They started spending the money. Now, even the Chinese have debt and the debt is much higher. The federal reserves, the central bank in America, the balance sheet is up over five times, since 2008. It’s going to be the worst in your lifetime, my lifetime too. Be worried.
    Blodget: Can anybody rescue us?
    Rogers: They will try. What’s going to happen is they’re going to raise interest rates some more. ………… And they’ll try but it won’t work. It’ll cause some rallies but it won’t work this time.
    Rogers: …………… You’re going to see governments fail. You’re going to see countries fail, this time around. Iceland failed last time. Other countries fail. You’re going to see more of that. You’re going to see parties disappear. You’re going to see institutions that hav e been around for a long time — Lehman Brothers had been around over 150 years. Gone. Not even a memory for most people. You’re going to see a lot more of that next around, whether it’s museums or hospitals or universities or financial firms.”

    • I read this, too, however I would highlight these 3 items: 1) “Well, that’s why I moved to Asia. My children speak Mandarin because of what’s coming.” (Nice rich guy leaves the squatters and multi-cultural societies behind. and 2) “Later this year or next.” Along with: “It’s going to be the worst in your lifetime.” 3) “The federal reserves, the central bank in America, the balance sheet is up over five times, since 2008. It’s going to be the worst in your lifetime, my lifetime too. Be worried.” (Seems all planned out like. Wished they’d asked him some real questions like, what kind of currency is going to be standing when this is all over? Will war keep some countries up and others down, or whatever?; never is there any indepth questions in these articles, just a lot of fear mongering and quibbling. That’s why this site is so valuable.

      The other article I would highlight is this one, may as well let the glorious sorosa tell it like it is, so people can hear it from the horse’s mouth:

      Highlighting: “As reported by Breitbart London, Soros recently publicly confirmed that, yes, he seeks to essentially wipe out all European borders following an accusation made last week by the prime mister of his birth country, Viktor Orban (who, unlike Soros, actually has to deal with the tens of thousands of second- and third-world migrants streaming into his country and other European nations – while Soros lives free of such inconveniences in his $10 million mansion/castle outside of New York City).

      In recent days, Orban has accused Soros of deliberately encouraging the migrant crisis now engulfing the continent.

      “This invasion is driven, on the one hand, by people smugglers, and on the other by those (human rights) activists who support everything that weakens the nation-state,” Orban said. “This Western mindset and this activist network is perhaps best represented by George Soros.”

      ‘Let’s take down all borders’
      Following Orban’s statement, Soros sent an email to Bloomberg Business, in which he claimed that his foundations actually help “uphold European values,” while Orban’s actions in bolstering the Hungarian border and thus impeding a huge influx of migrants “undermine those values.”

      “His plan treats the protection of national borders as the objective and the refugees as an obstacle,” Soros added. “Our plan treats the protection of refugees as the objective and national borders as the obstacle.”

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