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
21,316 Blog Posts


The Stocklabs mean reversion algorithms told you we’d ramp and now we’re flying high and all of you dick suckers want in. You can get in — but you missed much of the move, since the fear has abated and the end of the world is no longer on the calendar.

Typically on very OS conditions we always get a follow though day and this is it. In regards to day 3, I cannot offer much advice, other than to suggest more of the same chop — misdirection and confusion abounds.

I was relegated to cash in my trading yesterday, but still very long in other accounts, all up handsomely. I took the morning off since I was burning the fuck out and now I am back to trading again, both strongly and resolute. I am up in the order of 0.45% but just getting started.

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  1. Mr. Cain Thaler

    Nice call.

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  2. Mr. Cain Thaler

    Darden Restaurants! beats and is flying high up 6.45%. If you assume all of last year was madness, just take their most recent quarterly earnings and multiply by 4x, then DRI has a PE ratio of almost 23.

    23x earnings.

    What the fuck is that? Are they serving social media pasta in the shape of a smartphone you buy with bitcoin? It’s fucking Olive Garden.

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