The Arrogance of Youth

From the Slope of Hope: Over the G20 weekend, I stumbled upon a young fellow - - he fancies himself a trader, I suppose - - whose tweet caught my eye:

When a trader calls something easy, it gets my attention. When he denigrates "shorts", it gets my attention even more.

Sounds like a genius, huh? Anyway, Monday exploded higher, and he did as promised.

And he shares the wisdom of his rationale with the world.

I suspect this chap hasn't been within 500 yards of a bear market in his life. He speaks of his "yacht buy button" because of his SPY calls................baby.

Let's check in with the easiest trade ever, shall we?

I suspect the permabulls that have been trained over the past nine years will all share a similar fate in the end.