Oct 29/14 – Time to pull out the pink tickets

With the mind blowing 165 handle rally in the S&P 500 over the past two weeks, we have now hit a point of absurd smugness from the equity bulls.

I have been waiting for the opportunity to add to my short equity position, and yesterday I pulled the trigger at the close.

I have been more interested in waiting for a specific point in time as opposed to a cer…