It should be noted that I haven’t the slightest idea what I am doing now. I am a man in a boat, rudderless and stupid, devoid of common sense — trading in and out of securities based upon their superficial aura. I default to nonsensical things, such as ‘gut feelings’ and ‘momentum’, instead of scientifically proven winning strategies in technical analysis. I’ve been charged with the duty of procuring capital gains in the stock market and all I’ve managed to do over the past fortnight is stack up losses — ugly, fat faced, obese, and filthy, losses.
All of it is my fault, naturally, a side effect of success and hubris. I dive into ideas without a moments hesitation and I am pleased to announce to all of you that I’ve went out and done it again.
Towards the close of trading today, I sold short the biotech index THREE TIMES, via a very poorly constructed ETF, dubbed LABD. Full disclosure, I did not read the prospectus and I couldn’t care less about whether or not I get XIV’d in it. Truth be told, my fatalism isn’t an act and I can only hope for total and complete disaster. On Jupiter’s Stone, I’ve attempted to bankrupt myself a dozen times over the past twenty years and have always, if by accident, managed to come out ahead.
My cash position is large, so the chance of a total blow out is small, unfortunately.
My hopes and dreams is for some sordid disaster in the sector, causing shares to cascade lower in Wagnerian fashion. Fops in top hats will be punched out, jaws knocked loose, teeth removed from their skeletal structure, ribs mashed into meal.
Asian markets are sharply lower this evening, as the Trump administration positions to wreck relations with China. Nevertheless, if I’m being honest here, there is little cause for concern. The market is healthy and fat and the people trading it are rich and happy. The mood is good, so the sell offs will be brief. Even still, I hope for a dreadful occasion for you biotech physician faggots during tomorrow’s session.
Meanwhile, the iBankCoin Youtube channel is still suspended. I might be able to upload videos in two weeks, maybe never. It all depends on the caprices of the Southern Poverty Law Center — our new overlords who justly decide what is suitable for the public record or not. The CEO of the company Susan Diane Wojcicki, sister in law of the founder of Google, is a social justice warrior, and a complete and utter bitch. She’s turned the platform from one of grace and freedom, to one of suppression and abuse. She using her power as a monopoly and pushing her faggotry agenda on the people. Let it be known, she will not escape the wrath of sin and will be ousted from her role as CEO in due course — because eventually it will hurt shareholders. Not that it’ll matter — after all, she’s worth many hundreds of millions and will live long and decadent, ensconced in her world of hedonism and excess, while the lot of you seek entertainment online that isn’t socially acceptable by the standards of a few Harvard attorneys who grew up in the rich part of NYC.If you enjoy the content at iBankCoin, please follow us on Twitter