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
23,474 Blog Posts

Eat One More Sandwich and Come Back

Markets are plunging — down 160 and gaining speed. Normally, I’d advise you to panic and do something rash. But oil is still strong and there are pockets of strength, such as my GNFT.

My best advice, as of now, is to relax and eat a heavily meated sandwich. There isn’t much to do anyways. Are you going to buy TVIX or TZA? I didn’t think so.

Gold looks good and so does ETH. Bonds are flat and nothing makes a lot of sense now — other than the undeniable fact that we’ve run up very fast and are entitled to a pause — before sprinting higher again.

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2 comments

  1. irma vep

    Gad, I’m going for the sandwich.

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  2. irma vep

    ……as soon as I’m done backing up my Mac and leaving it for repair. Tears, sniff sniff

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