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
23,326 Blog Posts

Partaking in Parlour Tricks into the Bell

I was just playing one of my favourite games, making millions of dollars disappear into thin air, when the closing bell interrupted my entertainment.

I added to several positions today, in large testicle’d manner, ignoring the minimum basics of risk management.  It says “when markets start to drop, take a step back pal, chill out, and eat a sandwich. If you even think about buying stocks, I’m gonna call the SEC on you.”

My television was filled with all sorts of interesting and vibrant things today. From Reformed Broker’s new hairstyle to Mr. #TIMESTAMP taking the bull side against  Dennis Fartman–intertwixt by bouts of sheer lunacy represented by the CNBC anchors. It was fantastic, as always.

I managed another down day, this time off by about 1%–nothing too extravagant– yet perplexing enough to have me watching the teevee all day long.

I look forward to playing these games tomorrow.

 

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20 comments

  1. kenfool

    ditto

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  2. flyaway18

    I’ve taken a liking to McCullough. He puts his buys and sells out there like you do, so what is there not to like? Plus, he plays and likes hockey. Another plus.

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  3. jimmy_two_times

    That gartman is an idiot

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  4. reader

    Who is “Timestamp”? Keith Mccullough?

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  5. chivo

    has the competition started for the next 3 months?

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  6. unclehar

    http://ibankcoin.com/flyblog/2009/01/page/5/
    “A Letter to Mr Lewis” Enjoy

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  7. razorsedge

    its a shit sandwich sparky! fuel up 50c in the last month, 2% more out of paychecks, sequester… real or imagined, and iran building new enrichment crap…plus i lost my martini swizzle.

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  8. Mr. Partridge

    What are you watching on teevee? Did you watch Boardwalk Empire?

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  9. DJMarcus

    looks like we most O/S according to PPT since nov (hybird and % buys…). Breadth also at levels usually signalling a bounce.

    thinking if we bounce weakly, it’ll just alleviate short term o/s and we continue lower.

    any thoughts ?

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  10. Brushfyah

    Esteemed Fly – as a longtime fan, I feel obliged to tell you – your Ag short will lose you money. First slowly, then, quickly. Cover tomorrow. That is all.

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  11. xxxHuggieBearxxx

    We are headed for a nice down here….looking for support about 3%-4% lower.

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  12. Mr. Partridge

    Fartman and K-ass should become clowns instead.

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  13. Sspiff

    where’s Merlin? POOF!

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