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
23,431 Blog Posts

BUY AS MUCH AS YOU LIKE, JUST NOT TODAY

I did make a purchase today, with the house’s money. Considering the fact that my gains are in excess of 17% for the year, with every single fucking trade detailed to the minute of execution, I said ‘fuck it’ and threw dice at a micro cap piece of shit copper stock — which will be held secret from you wastrels in order to honor the paying members of Exodus.

Two things of note.

This bull rally is legit. Don’t bet against it.

However, we’re a little long in the tooth now. That’s retard Wall Street lingo for ‘we might pullback here.’

Note the oscillator for the Industrials sector being stretched out to the upside, praying for a beat down.
Industrials

How do play this?

I drink too much coffee to hedge with puts. Let the Canadians do that. I’m seeking alpha all the time and am only interested in high octane trades. I’d wait for a pullback and then buy more. For me, this means upping my exposure from a genteel 150% to 200%. For 2017, I’m either achieving unparalleled greatness or crashing into as fucking wall amidst a ball of fire. When I exit the vehicle in flames, do not retard the flames. Not worth your effort. I want to die slow, real slow.

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10 comments

  1. lesurgeon

    There’s a lot of unstrapped children in your backseat. You’re their hero. Both hands on the wheel, homie.

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  2. Dr. Fly

    I don’t have time for that.

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  3. it is showtime

    This stuff was slightly expected. Fake tripledigits. The fun thing for bears is knowing they can’t shake us, even though the multiday fabricated complete farce upswing is partially supposed to do so.
    You can’t get many more consecutive tripledigit days. Now.

    Friday’s is appropriate:
    you can’t get much higher now fuckface central bank programmers
    i’m outlasting you so kiss my cheeks
    5 inverse etf reset-adds today – fedsucker scum
    You haven’t reversed me – fedfucks
    Still standing at the top of the hill

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    • it is showtime

      Haha. Cue marketwatch

      3:27p
      Trump’s ‘phenomenal’ stock-market rally is annihilating bears

      P.s. to marketwatch. It’s the same manipulation prior to Nov 9.

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      • peaches

        Buy more TVIX. Your kid’s don’t want… or need to go to college. Sell the benz. Get a used nissan. Short the banks!

        You’re the type of guy who bets with the house at the craps table. Great strategy. Lame dude.

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  4. husaria

    Must have giggling blonde in front seat to make worthwhile

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  5. tonka

    Uranium on the move. NexGen energy went parabolic into the close on no news.

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  6. mx2101

    I bought a couple dozen beautiful roses for “Girlfriend Dearest” on Valentines day eve.

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  7. doubleplus

    “When I exit the vehicle in flames, do not retard the flames.” H/t – good to see you back in pre-election form.

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