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
22,440 Blog Posts

THE FINAL SALVO IS NOW

I had a very large position in TZA but sold it for a 0.87% gain. These small gains are designed to scalp and not intended to provide me with pan coverage. I am now 25% long PIECE OF SHIT STOCKS like AFRM, CHPT, and UPST and hold the balance in cash, for now.

My intent is to play this final day before Thanksgiving and enjoy it, savor it even, for tomorrow we dine and drink heavily into what will be a CATASTROPHE on Friday. I have zero confidence in PAX AMERICANA, as we are ruled by psychopaths.

I understand why some of you older folks push back against this train of thought — because you grew up in an era when America was great and you cling to those memories as if they existed in today’s reality. It’s over lads and they hate you so much…they’d rather you die.

But before that happens, they’re fucking stock market is going to crash and burn.

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5 comments

  1. zusch

    hooray!

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  2. soonerxii

    ???

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  3. flea

    Should have seen it coming … today’s FOMC rip was nothing more than a classic buy the rumour. We’ll see if it’s sell the fact. There’s nothing in the report that sustains anything like the ‘pivot’ restoration of ATHs or anything else … just a trained traders front run.

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  4. soupbone

    rising interest rates cures many ailments just wait

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  5. txchick57

    I chased UVIX to the sea floor. Hope you’re right.

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