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
23,563 Blog Posts

The New FAGbox is the Same as the Old FAGbox

No offense to gentlemen gay guys of course. You’re just as depraved and obtuse as the average straight guy, sloppily sashaying throughout life with nothing more than cock and balls on his mind.

I’m not trading today — because it is Fed day and I am very afraid of buying into intra-day rallies that can swiftly reverse lower on news that the dot plot is, once again, a go.

Bear witness to the present trading range and know that it is typical and almost a mirror image of what occurred several months ago. Only this time, we threaten, menace even, to break higher — supported by crude.


FAGbox

This area of chop is where most people get mangled and killed. It’s never pleasant, nor easy, to trade inside of it. If you’re a PM, this is a wonderful time to build positions and accumulate shares, with an upside bias. Naturally this could all turn to shit and we can be having a totally different discussion if Powell ruins this soiree. My natural bias is to be skeptical of buying in after a 10% lift. I do believe we’re due for a correction. But I’m open to anything and have no issues being 100% bullish, providing prices continue higher.

Listen to me you fucking imbeciles. If the prices are going higher, you should be long.

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2 comments

  1. edge

    The super wealthy have to put all that money somewhere. That’s why the markets have always been stronger than they look for the last 10 years or so.

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  2. edge

    Oil and GUSH building momo.

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