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

BUILD POSITIONS

Do not think for a second that this lull in activity has made me soft. I will ban you, just as I’ve banned the 3,000+ catamites who’ve come before you.

This is a drawdown market, with sectors trending in and out of favor, totally devoid of reason and honor. Today’s flavor are homebuilders and construction names. Go ahead and delve right in, I am sure nothing horrific will befall you over the next 30 days.

Yesterday’s flavor was biotech. Today they’ve been tossed idly into sewer pipes.

There is nothing redeemable about right now, other than opportunity to build positions, do research, and unwind amidst summertime debauchery.

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7 comments

  1. zephler

    $27.73

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  2. zuulthezuul

    buy puts on tlt. only game in town besides quartz. lol

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    • Dr. Fly

      I swear you will never be permitted to comment or read this site again. I have no patience for repetitive dullards.

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  3. matt_bear

    what’s not to like about the builders? Good old fashioned blue collar ham and eggs is what made this country. The american dream was built on waking up to shower with an irish spring soap bar, a hot cup of maxwell coffee and a thermos prepared by the suburban wife, getting into your used american sedan, and clocking in for 8 hours of solid work.

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    • siegel

      god that sounds so pleb tier

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    • formergeek

      The media has spent the kast twenty years tyring to destroy this in favor of lottery plays and being whores

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  4. frog

    Almost no one wins lottery plays, so that’s just a false hope, not a method of survival. I expect the home builders will do well this year.

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