Before I head off for a 2 hour slumber, I’d like to inform you that the US yield curve is now 66.9bps and getting tighter by the second. This is extremely onerous for the banks. Short them at will.
Also, Nasdaq futures are -14, Dow -60. Feel free to buy protective puts and also volatility. There is a king’s ransom to be made on volatility, at the right time, during the right circumstances.
When I accurately called the market crash in 2008, it wasn’t a sure thing. You can check my archives and see how I did it. I undertook probing exercises and always flipped back to long. I stayed nimble and when things started to go south, I bet big on the downside. When people covered, hoping for the BTFD scenario, I leveraged into my short positions and faded them. I made so much money in 2008-2009, my fucking arms were involuntarily punching people in the face when I walked by them. I swear to God. Ask anyone who knew me back then.
I don’t know when this market will collapse — but it will eventually. We have to watch for the little things, like yield curves, FX markets, and junk bonds. If I see anything that looks suspect, I’m in on the fucking short side within seconds — not because I’m a bearshitter who hates stocks and prosperity, but because I’m the greediest motherfucker you’ll ever meet and I wake up everyday with the goal to win.
Talk shit all you want, but when things get bad, and trust me they will, I’m gonna be your best friend and you’re gonna be trying to suck my cock for ideas (no homo).
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