Zeev's Turnips Patch-No Politics (ZEEV)

[mjk]

Of course things are still rough, but how much is factored in is not known by anyone with any accuracy. Since when is reaffirming guidance or guiding slightly higher considered "Ra Ra"? Would it have been better if they had guided lower? As I said yesterday, too many people believing in the same scenario, in this case, a crash by EOM, is never good. As for all of the "experts" people have been quoting saying we've got X more downside here, any possibility they may be f'ing with us too? When everyone is bragging about how much they've made buying puts, it may be time to go long...not saying it is, but it's a hard time to commit to shorts.

BWTFDIK, this market's already taken a good five, ten years off of my life.