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
23,474 Blog Posts

#POMO FOR LIFE, DAWG

They just don’t care about the consequences.

An old phrase comes to mind: if it isn’t broken, don’t fix it.

My problem is the lack of long exposure into this surprise. With just 60% of my assets invested, I have work to do. Right away, I am looking at what got hit the hardest due to CNBC fueled “taper talk.”

Homies, Reits and other rate sensitive plays come to mind.

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19 comments

  1. superpositron

    You trust this move?

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  2. xxxhuggiebearxxx

    Yeah that is my problem too. I have only 25% long exposure and what, i’m supposed to chase this? faaaaaaack.

    And you are right. They really don’t care about the consequences. I might even take it a step further and say that they understand the consequence will eventually be pretty severe inflation, and that is precisely what they are interested in.

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  3. superpositron

    Do we like PMs and Miners or is that still the homo trade?

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  4. haveseenitall

    What would be your favorite big bank ?

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  5. Marc David

    I feel like a really small rodent, scrambling around as change and food drops from above. Stashing whatever I can into my cargo pants.

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  6. Bullish

    I love laughing at the battered bears.

    You are all dead! LOL

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    • xxxhuggiebearxxx

      There are no bears anymore. There are just those who participate and those who aren’t participating. But there are no bears.

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      • it is showtime

        Classic overindulgent scenario

        Prospering with abandon from subsidy.
        Didn’t you ever read nursery rhymes (lol)

        Nature finds a way.

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    • it is showtime

      Proud Bear!

      Bc I’m willing to see this through to get my “Ha-Ha” moment

      Btw longer they do this/wait, Bigger the bubble

      So participating yes, Account stays flat, Add when needed

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  7. TheHarper

    They told me to sell best in breed mREIT PMT hahah I laughed and bought more

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  8. kapitalist

    When can we kick the pathetic runt CVV to the curb?

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  9. jules

    We bout that life.

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  10. seekingprofits

    The Clam punk’d everyone!

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