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
18,477 Blog Posts

ONE HUNDRED NASDAQS WERE STOLEN FROM THE NATIONAL TREASURY TODAY

It was a grande day of abject rapery and fuckery abounds. The fag heavy NASDAQ shed exactly 100 points today, led by a barrage of cocaine addicted hedge fund managers preparing for a pleasant season of ‘summering’ at their usual locales.

These were the biggest losers in tech land today.

As for me, I gallantly trotted forward to the tune of +0.38% — thanks to a strategy of impeccable proportions. I’m broadly diversified amidst the very best small capped stocks — many of which enjoyed gains today. I wouldn’t look into today’s tech drama all that much, especially since most of them are still up over the past 2 weeks.

Betting on retailers, oils and banks doesn’t sound like good advice for the long summer months. Perhaps many of you would be better suited in a larger cash position, playing the Exodus mean reversion calls in the near term? With 20% of my assets in cash, I eagerly await for more of the same bloodshed tomorrow.

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9 comments

  1. aj

    the ibankcoin android app keeps on crashing. know anything about it?

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  2. it is showtime

    The new new new attempt at Vix-Under-11 streak foiled

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  3. acehood

    The iphone app is ‘pulling a Trump’ too – i.e. shit

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  4. john_galt

    $ took it in the nuts today

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