Although technically speaking it is presumptuous to say this, the stock market’s cheerless, reflexive steps higher almost each and every day now feel like a march to the gallows. Granted, there would seem to be no alternative to the by-now-relentless ascent of shares, given that they are being driven by a monetary blowout global in scope and unprecedented in magnitude. Even so, hope springs eternal that this pernicious and presumably doomed dynamic will end soon, administering the shock that will jolt humanity back to the realization that there is no free lunch.
For our part, we are looking to get short at a very specific price and in a certain way. Our strategic options are detailed in yesterday’s tout, and so I’ll suggest that you call it up from the archive if you are uncertain about how to proceed. I am not divulging my target publicly to non-subscribers, since, the fewer traders paying attention to it, the greater the odds it will work precisely.