There’s much chatter kicking around about how strong the end of year rally will be. Here we sit, virtually unchanged across the board on most indexes in spite of enormous forces knocking the market higher and lower in 2015. I’m not so worried about the Santa Claus rally, end-of-year bullish seasonality data, or permabull whores like Tom Lee (who was dead wrong about 2015) declaring how swell 2016 is going to be. I am, of course, far more worried about the anti-Christ, Janet Troll Yellen.

How “light” to get for the Wednesday/Thursday maelstrom is a topic I’m struggling with. I suspect that lighter I get, the more the market will fall. If I’m strictly in cash, we’ll probably have an historic collapse. It’s just my grim view of things. Of course, if I stay fully loaded, the anti-Christ will come through for her bullish bosses better than ever. So it’s surprising how much power my little portfolio has!

In any event, I just want to go back into bed, since my dogs decided what a great idea it would be to have me up at 4 in the morning, so I’ll simply give a temporary “thank you” to the market gods for at least pushing the ES down at the moment and ask for a sell-off BEFORE the anti-Christ does her thing, just to give us bears a chance to get out at good prices.