The market opened up 100, after getting its fucking brains beat in on Friday. Do you trust the gains to hold? Are you sure the market will fade?
You can try to play the chop, sashay in and out from 3x ETFs witth magical precision. Or, you can pick a side, commit to it, and wait for results patiently. Ultimately, all markets go higher, over a long enough time frame. The motto of Zerohedge is a mornic one, entirely false and without merit. Even the tulip retains some value after all this time.
Last week I doubled down in TWTR. My largest position is AMCX, followed by BIDU and SHAK. Personally, I have been buying 2016 calls on SHAK, somethig I haven’t done since 2012.
The price action in the market has a lot of people thinking something ominous awaits on the horizon. While this may be true, it’s useless to try to time the market on a day to day basis.
My best adivce is for you to get your affairs in order. Have your will completed and prepare for your demise, for the apocalypse is always coming, especially designed for the expectancy of your life. You should also diversify your holdings, manage risk, and raise a little cash.
FYI: I completed writing an algorithm for a portfolio risk analyzer. After we are done with Exodus upgrades, I will commence with a project to build it and offer it free to the people.
Sincerly yours,
Charitable and Most Gracious Fly
UPDATE: Even MOAR generosity. For a limited time, upon buying a ticket to the iBC Conference, you will receive 1 free month to any iBankCoin premium service. Or, if you purchase an annual membership to Exodus, 12631 or After Hours with Option Addict, you will receive a free ticket to the 2nd and motherfucking LAST iBC conference in this century.
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Fly do you frequent the new SHAK in Bridgewater?
Nope. I recently went to the one in Brooklyn heights: best one I’ve been to.
I’ve never been. I have to check it out one day.
The original in Madison Sq. Park was very good but the one closest to me in Winter Park, Fl. is average. The only real positive is that I can take the burger to the large lake behind the Shack and enjoy the view.
Been to the one in downtown Chicago recently and while the burger was was still good, the concretes were pretty damn sloppy. They may need to concentrate on hiring better employees for the prices they charge.
Recession, Le Fly…recession. My pay is directly correlated to the money my clients invest in the markets. With the money I have had them pull out of said markets, I make less money. Stupid, right?
I do NOT charge a fee on cash…