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
23,433 Blog Posts

ACK, ACK, ACK

I am very frustrated today, after seeing two stocks lift this morning that I had orders for–but chose not to buy for fear of a market pullback. You know how ideologies makes you retarded, forcing you to make irrational decisions? Yeah, I was going to buy large blocks of both ACHN and ARWR–but I didn’t.

I never bought the stocks, despite my go to source telling me to get long.

Truth be told, I cannot remember a top when I wasn’t mad at myself for buying that one last stock. Gains are always the most exorbitant near the top, since speculation is running rampant fueled by stupid money.

My utilities are higher and TLT is not down too much today. But seeing ARWR up 10% today hurts. The old Fly might’ve chased it today, greedily and hastily positioning in the midst of a gluttonous chocolate-coffee fueled frenzy of sheer stupidity.

Listen to me now: Le Fly is a marble statue of patience, virtue and is the American dream. One cannot rush art, so do not prod him to throw paint at a moving canvas. One must be able to envision the painting before one starts throwing paint around.

Enough of that, I have work to do now. I am sure the lot of you have a clock to punch and a widget to manufacture.

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6 comments

  1. gorby

    Oh Oh – If we have another up day
    tomorrow will you be able to hold up.
    I’m not so sure

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  2. Bruce Keller

    You’re frustrated? I didn’t get puts on PANW like I wanted and that bitch went from 92.70 at open to 88.69 argh.

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  3. dfasd

    buy NUGT

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  4. traderconfessions

    Happens daily to me. But of course we don’t remember the ones that we didn’t buy that get slaughtered. Worse is when I get stopped-out on the daily low and the stock reverses big time.

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