Between the lying and pandering Fed and the lying and greedy CEOs, CFOs and analysts (aided and abetted by CNBC) we have witnessed a pretty substantial equity bubble fostered by easy money courtesy of Ben Bernake and his posse of corrupt idiots.
For myself I'm making just a bit of money today because this morning I beefed up on QID, SDS, MZZ, TWM, SSG, SDP. The warning signs were there for weeks; now this market is due for a pretty dramatic distribution cycle.
Also n.b. that SSG is short semiconductors...the rally seems to be stalling...also SDP is short utilities...rally also stalling.
I sold AGU and BA, locking in a decent profit on BA.
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