iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
19,105 Blog Posts

Get Flat

If you’re still heavily long stocks, consider taking some off the table or hedging.

Right now, I am down .3%, intra-day, mainly due to [[MVIS]]. As a result of this imbalance, I’ve purchased more inverse ETF’s, in an effort to “get flat.”

In other words, stop trying to make money, instead, focus on the holiday’s. We’ll have plenty of time to bank coin, in 2008.

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20 comments

  1. Dinosaur Trader

    I’d love to “get flat.”

    -DT

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  2. TurkeyNeck

    Wood, elves can wrap presents that come out of the workshop.

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  3. JakeGrinch

    Why not get short, Cordt?

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  4. Woodshedder

    Turkey- I agree, but it is really hard to wrap certain presents, like say, a 10 speed bike, or a bean bag.

    On a side note, whose hands are greasy and sticky with that sweet goo?

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  5. Danny

    Goddammit. I just typed the same thing, practically verbatim, too late, without having even read this. This comment proves that great minds occasionally think alike, and nothing more.

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  6. yoka

    fuck mvis. stupid retarted stock scam i’ve ever seen.

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  7. JakeGrinch

    Yoka:

    Perhaps your ire is more readily ascribable to your more obvious internal conflict:

    Bendy chick exercise routine vs. Wise Jedi midget muppet.

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  8. Woodshedder

    Hmmm. Is the PPT going to come and rescue another close, or are they off having a beer on this Friday evening?

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  9. Danny

    maybe a whitehawk?

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  10. Woodshedder

    Hefeweizen, with a lemon slice, as they like to keep things cloudy and bitter.

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  11. Danny

    Haha. Except, hefeweizens aren’t bitter, kinda fruity. The analogy still applies

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  12. BOOMER

    As of this post I am 100% cash. Can’t take anymore of the Santa beat downs. Gonna drink egg nog and chill out.

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  13. Woodshedder

    Danny, the hefe is cloudy, the lemon is bitter…

    Should have said sour. Damn, meant sour.

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  14. Herman Hesse

    That’s a rather bad looking/ominous candle printing on MVIS today.

    Is this the rinse before CES or something of a more disturbing nature to consider?

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  15. Danny

    Herman, surely you got the memo that Tokman quit MVIS and that their remaining assets were sold to a street crip named Angelo alias, “DaTan-1”

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  16. Wang Hung Lo

    Donnie,
    You shit me dair? Wha hoppen?

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  17. Danny

    I shrittin ru Wang. No wollies.

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  18. TraderCaddy

    This is what a Bear looks like. Everything goes down. Forget gold,oil,Tech,Financials,Transports,etc. There will be huge short covering gaps up-just don’t be fooled. They are one day wonders. We already have seen a couple of them.

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  19. JakeGrinch

    Yeah, like that shrimp toast, RIMM.

    I will grind it’s bones to make my bread.

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  20. kjbhidpvu bncwkpzv

    btgfj djmonypvq buya lzeqywj yrmx bpnklju fyoetrlv

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