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
23,426 Blog Posts

Pot Craze Fizzles Out — Markets Soft

I suppose we should all be concerned with trade wars again, or whether or not Kavanaugh threw some ice at someone back in 1991. My dreams of selling NEPT at $7 today have been cracked asunder and it looks like losses are on the horizon, at least for the first hour of trade.

WTF sort of position sizes are you taking anyway? I’m sick and tired of hearing about accounts being blow up due to one stock going down. What the fuck are you doing to yourselves.

Positions should not be more than 5%, initially. Remember it and repeat it and obey it.

Gold and silver are strong this morning. In other words, go eat a sandwich and wait for something more exciting to materialize.

Cannabis plays should NOT be bought on dips. They should be bought into strength.

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4 comments

  1. Lyndon Keltner

    Lindsay Graham is upset that Kavanaugh he wasn’t invited to play the Devil’s Triangle game. He prefers to do it with him and another beer-loving old white male who used to be as good an altar boy as Brett.

    Also, start buying RTY sub-1670.

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  2. flyleech

    When I was 9, Kavanaugh (or Bratt as my friends called him) double dared me to put my tongue on the flag pole! I should tell Feinstein or NYT? I remember it well, it resurfaces every Christmas time.

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  3. acehood

    5%? You’re not going to build wealth fast without aggressive concentration. As Druckenmiller said, put all your eggs in a single basket and never take your eyes off that basket.

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