iBankCoin

BLACK HELL

I won’t be making my money back anytime soon. As a matter of fact, it was never my money to begin with, if you really want to get technical. I am up 100’s of percentile since 2004 (my last down year), so taking my recent setback into a larger context: this is nothing more than child’s play (extra puma punku).

You know what annoys me? WordPress’ spell correct. These stupid bastards constantly get in the way of my blogging literature and it’s starting to really piss me off. That, and the fact that my arm keeps spazzing out, twitching like I have cerebral pals–I feel as if I was in “Black Hell”, burning until my skins turns into black toast– fire, destruction, crashing pianos overhead. This is my world, chaos, and I am its host.

What would you have me do? Shall I go venture off and look at the charties and implement stop loss orders on stocks that I am already 20% in the hole? Or maybe I should “go to cash” or perhaps “rotate out of good companies into the bad ones” because the fucking brain trust that is Wall Street “feels” it’s a good idea.

Shall I cackle like a hyena and bAAAAAAAA like a sheep when I do it?

Bear market. People think this is it: this is the one. After all, the market is only at NEW ALL TIME HIGHS, so it makes sense to believe this is the peak, the very tippy top that shall never be breached again, just like 2001 and 2008, but 6.02214X x 10^23rd stronger.

How bad is the damage to my boat?

It’s not fatal, but it’s bad enough that I haven’t looked at my profit and loss for a week. I do the numbers in my head and have a round about idea of how stupid I am. I think, if I’m not mistaken, I was down anywhere from 2-3% today, spared thanks to strength in EGRX, ANGI, FLXN and a few others.

I haven’t any recommendations for you tonight (I am so very sorry), as I eagerly awaiting the locust storms to settle in above my head, delivering heinous earnings shortfalls and guidance cuts, the likes that hasn’t been seen since the outlook for tulips in the spring of 1637.

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24 comments

  1. Berniecornfeld

    Texting Jeremy to see if you need an “intervention”. Stay strong old chap.

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  2. marketSNAFU

    I busted a gut at your spazzing arm and “cerebral pals” and then laughed even more when I refreshed the page and noticed you fixed it. I thought the missing “y” was a result of the spazzing. lol

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  3. Drake sucks

    Jesus f’in christ man, moan much? Just get your UVXY on soon enough and you’ll be up YTD before you can say ‘thank you, drake sucks, for ze sage advice’

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  4. Drake sucks

    Lol, I did. I know. I will return in exactly 1 month and we shall see. Until then godspeed sir.

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  5. alf44

    .
    … far be it from me … I’ve been gone for awhile but … I seem to remember a “Fly” that was incredibly agile and willing to … dare I say “hedge” on occasion !

    Be it with HDGE …

    Be it with TZA …

    Be it with New York Taxi Medalions …

    Be it with whatever …

    —–

    This is a tough Market !

    .

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  6. spinner

    Did those crazy Dutch say “This time it will be different in 1637? “

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  7. xxxhuggiebearxxx
    xxxhuggiebearxxx

    Its a particularly vexing situation, given that your names have gotten crushed as we reach the highest heights in the history of this here market.

    You can hang on, but those names could average down 50% or more before its over. If it was a general market route i’d feel better about your prospects for a bounce.

    You probably should de-risk, but i’m sure you know that.

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  8. BeWater

    Screw Avogadro, Chemistry was one of my least favorite areas of study.

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  9. Cascadian

    Buy your kids a puppy. Put the puppy in the garage overnight with the stock pages of the newspaper spread out on the floor. Buy the stocks where the dog shits.

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  10. SCJ

    Maybe you should go see Noah (on the big screen.)

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  11. ironbird

    Something needs to kill that fucking polar bear.

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  12. Mr. President

    Hold, Señor.

    *cue william wallace in braveheart holding a long spear*

    HOOOOOOOOLLLLLLLDDD!!!

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  13. Raise Taxes, Raise Spending
    Raise Taxes, Raise Spending

    My arm used to be all spazzy. It turned out to be a pinched nerve in my neck.
    Next time your arm goes funny try tucking your chin down a bit while stretching your neck up. Imagine a string attached to the crown of your head gently pulling up. That opens up the space between the vertebrae where the nerves come out. Hold for about 30 secs.
    Might help. Can’t hurt.
    A physiotherapist taught me that trick.

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  14. 6society

    Rotate does not equal Capitulate…flip into some good etf’s for a while to take the edge off…

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  15. TheHarper

    what he hell is this video. surprised they havent mentioned “Jewish finance” yet.

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