...Refering, of course, to last night's sell off. I think this resembles last August, when silver very briefly went down to $11 before running up again. I remember thinking, how could it possibly go to ELEVEN?!? last year!
The shorts are like children. My kids love to jump on me, and they love it when I react in pain. AGGGH! You're CRUSHING me!!! They love the anguished wail. Well, the shorts love to hear the anguished wail of overleveraged longs. I can't imagine using margin in this environment. It would crush my...balls.
CD