The Pain Of Gluttony

Thursday evening, itching all over and writhing in pain, I prayed to the Twin Pink Goddesses Bismol and Benadryl. It was getting harder to breath as red and white splotches began to texture my skin, but there was nothing to be done.

Note to self: don't use the epipen for recreation, you just might need it.

An allergic reaction to Durian Coconut Milkshake, the most flavorful beverage I'd had in years, had rendered me useless. Being a cheap bastard, I don't have health insurance, so the cost of emergency care should have concerned me. Yet, amidst the danger and suffering, all I could think about was missing a blog post.

Thus, barring more medical maladies, I will strive for regular updates from my bubble. Though I may be encumbered by poor health and distracted by lucrative projects, the chronicling of personal opinion is an interesting way to forge the future.

More to follow after a hearty round of dim sum...

Just for the Record

According to my NASDAQ indicator, the market is stronger than the pre-election rally.

Buying dips in sectors breaking out of bases is the way to play.

At some point I'll make a rundown of sectors I think are hot, but gold miners are clearly the group to beat. A return to prices seen before Lehman's closed is possible before a resumption of the bear market. Emerging commodities markets and growing countries stand to benefit in the coming rally, all at the expense of the US dollar and Treasury prices. The market still exhibits high risk, but volatility is declining and there are an increasing number of bullish stocks. Trade what you see, trade well.

State Of The Market

Even with today's negative action, my indicator was positive.

We're at the levels that preceded the last down leg. Will it be different this time?

Short treasuries and short gold is breaking down, so people are still shunning risk.

The yield on the 30 year looks ready to make new lows.

I've been too busy to trade the last few sessions as I focus on other income streams. The action still looks choppy, but buying the dip is not crazy. Risk management remains critical in this volatile environment, but if you've made it this far, you know that already.