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
23,445 Blog Posts

No One Said it Was Easy

The recent decline, albeit shallow, has reduced a lot of high margin players to rubble. If today’s gains stick, anticipate that it will be messy, it always is. After we get a few days of win under our belts, then the market can really run higher, which is why I’m targeting Thursday as a good day to sell shit you bought yesterday and today.

Don’t step to me with Puerto Rican bond payments. I never want to talk about that.

Apparently Greece wants a last minute, 2 year, deal. Will it happen? Can it happen? Why do we give a shit?

In summary, I’m very happy to see the market not down 350 today; but it still as a lot of mud to wade through. If we get some news, we V shape higher. If we are left to our imaginations, these fuckers are gonna sell the market down. That’s the sort of brooding mood the market is in now–everything is shit.

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4 comments

  1. vandamme

    Erect WNR coming your way sir Fly…

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  2. bruce keller

    I was going with the highs into the weekend, but now it might be dump into weekend with Greek “YES” vote to tyranny. Not like that will make the volatility go away, but the market will probably get a good money shot from that.

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  3. bexpo

    Thanks for the tip. Maybe we can get some kind of a rally UP before the 4th.

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