If you’re someone who bought shit-loads of PUT OPTIONS today, hoping that when you wake-up tomorrow morning, you’d have become a Millionaire, may the lord have mercy on your and your family’s (Wife/Kids) soul; cause the truth is, you’re about the get brutally FUCKED. I’m sorry, but you’ve been duped again by the system cause you’re a stupid little muppet.
All the hype around the Financial Blogosphere, and the Main-Stream-Media with their Armageddon Countdown Clocks, has everyone convinced that the Government WILL Shutdown at midnight today, and all hell will break loose. If you’ve initiated (Opened) Bearish positions based solely on that hypothesis, you deserve to get slaughtered by the Butchers on Wall Street.
The Circus otherwise known as the the US Government, despite their uber incompetence, is not Stupid. These Politicians know that they don’t stand a chance to get re-elected if the Government were to Shut-Down. It’s just a deceptive game that they play to make their core audience happy. In the end, they’ll do what they’ve always done:
Punt (Kick) the issues into next year (2014).
We’ll get some temporary fix by Mid-Night, which is basically postponing the decision, rather than fixing the underlying issues once and for all.
If you were stupid enough to SHORT the market today, hoping to make millions tomorrow, you’re gonna get your balls chopped-off.
Best of Luck !!!
Wall Street Fool
Latest posts by Wall Street Fool (see all)
- ALERT: Bearish Breakout On $WFC. Next Target: $38 - October 3, 2013
- Peyton Manning Will Choke Under The Pressure And Disappoint Broncos Fans Once Again - October 2, 2013
- $ARO - Very Strong BUY Signal On Aeropostale - October 2, 2013