iBankCoin

MARKETS COLLAPSE ADMIST RECORD HIGH FLY HUBRIS

I knew my sojourn into margin would beckon the stock Gods to attempt at rape. All morning I’ve been tripping over myself and into cream pies. I’ll spare you the details and update you on the whole.

AI and DASH came public and SUCKED all of the money out from the market. This, coinciding with record hubris, has resulted in a magnificent topping action that also correlated with my journey into depravity, trading in a margin account. NASDAQS are now off by 120.

I have shuffled numerous things around and have officially ABSCONDED with all of this morning’s gains. POOF! all gone. I am presently down 0.3%, long SQQQ and lots of SPACs — 15% cash. My position has been to sell anything down more than 4%, in order to check my stupidity at the door.

Sometimes it pays being schizo.

Into the close, I expect a massive down pouring of sell orders and a complete raping of the Robinhood cadre of investor.

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2 comments

  1. og

    Wait till tomorrow and AirBNB. That’s the one people really want.

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  2. purdy

    long XRT puts

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