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
23,473 Blog Posts

TONIGHT WE DINE IN HELL

I squandered today vis a vie my own hubris and complacency, micro-managing faggot bogged to hell for 230bps. I am now long a sundry of well to do names, none too aggressive, hedged with a 15% position in TZA. I can only get fucked if the IWM rapes to the upside and my well to do names do nothing. At which point I will sell everything and forfeit trading for the balance of 2021 and prepare for the fires to burn bright and hot in 2022.

We can only hope, at this point along the narrative, for BIDEN SLUMS to crop up as the homeless move their sleeping bags to DC for food and shelter. The state of affairs is in fact a lot dimmer than you know and if the government and the Fed permitted free markets to operate on their own — you’d learn this in a most expeditious manner.

My opinions are also meaningless drivel, so understand that when reading them. They are the sum total of my life, filled with betrayals and bouts of anger — unlike many others who sashay the earth like a man only interested in sucking on his jolly rancher. Since I am aware of this I am able to change opinions quickly and my best strength is to adapt, not remain stuck in ideologies. That being said, we can only hope for the worst.

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3 comments

  1. roguewave

    Good news on the inflation front: Increases in home prices are slowing down.

    Increases were down to 18.4% in October from 19.1% in September

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    • Mr. Cain Thaler

      Lol we’re saved.

      Just another 4 years at trend and we’re back to normal.

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  2. Mr. Cain Thaler

    Bond bulls now visibly losing the fight.

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