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Buzz & Banter



This feeding frenzy is as intense as it ever gets; huge volume, panic in the short community, wild speculation.

We are in the very late innings of this rally, in my opinion, although it could still last a few weeks. As constructive as I was on the market's ability to rally back in February/March, I am certain that this will end in disaster.

My opinion (as this is an educational site) is that it's time to buy long-dated puts. Pace yourself, but between now and the Fourth of July, buy your puts for the second-half collapse. That's my plan, anyhow.


P.S. Pacing yourself will be key, as insanity usually brings more insanity, not sanity.

No positions in stocks mentioned.

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