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
20,688 Blog Posts

COLLAPSE!

The market was doing fine up until all of the sellers showed up. The Dow closed down a staggering 300, whilst the NASDAQ castrated for 100. In my previous blog, I had boasted over my timely efforts rotating back into social distancing plays.

A general update on my trading account: ruins

I closed out the session off by 160bps. The details of that horrid performance isn’t important. What is important is my ongoing struggles to find a semblance of normalcy or forgiveness in this market. I am deserving of more and do not like having to wait for it. I have been extraordinarily patient with the market and have waded into her for the better part of two months now, only resulting in loss.

How long do I have to wait for some sort of gain? When does the agony cease?

I have tried every which way but loose and my options are henceforth dwindling, as I coddle and care for this bitch of a market, this mountebank whore whose glacial bosoms caress the faces of unappreciative short sellers with collapse after collapse.

Granted, we’re more or less at record highs and I am up rather sharply (+17%) in my quant for the month of November. However, I exist for more and when I do not get it I get very very angry.

GOOD DAY!

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11 comments

  1. tmmdn0

    Bitcoin solves this.

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  2. indexjoe

    Dick punched today

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    • purdy

      Let go of your hatred.

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      • moosh

        It’s mindboggling isn’t it? The haters are now fucking “HOOKED” as Le Fly might say. Day after day looking for things to shit on, day in, day out for 5 straight years. All based upon whether someone disagrees with your version of politics. The horror. Just think of all the effort this dude exuded to hate 24/7 online and what could have been done otherwise to actually help out other human beings of all races with kindness. But here we are

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        • narcist

          To hate 24/7 online is what you white supremacists practice.

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          • narcist

            At the end of the day, 42% whites voted with us 87% blacks, 65% Hispanics, and 61% Asians to vote against the symbol of hate.

            Yep, love trumped hate. Indeud.

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          • narcist

            Several Civil War historians stated that the Confederacy would have won if Fort Sumter happened in 1851 instead of 1861–The 1850 Compromise gave the Union the necessary 10 years to prepare for the Civil War.

            The Biden presidency is the Compromise of 2020. Nothing came close in historical significance within the last half century.

            To paraphrase honest Abe, we nobly saved this last best hope of earth.

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  3. sierra water

    Meanwhile, I am printing money or what they like to say in the boiler rooms, clipping coupons in ETM and VERI. My cost basis in ETM is under 1.50.. pps. VERI, Sub $6.. If they have live events again within 18 months, ETM will be trading at min $6 pps. 3 X ebidta is conservative. Their Gaming Data Analytics acquisition was brilliant.

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  4. emersonlakepalmer

    in other news, the late DJ Erick Morillo did indeed overdose (acute ketamine toxicity). Eh gads! Good riddance. He was a rapist anyway. Oh, and he was responsible for that hideous “I like to Move It” song. Based on that alone, he should burn in hell.

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