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
23,599 Blog Posts

STRAIGHT UP INT HOLIDAY ABBREVIATED WEEK!

Do not worry, I am still trading poorly. I had a hedge on from the open and kept it for most of the morning run, and it negated all of my gains and kept me down for the session — off by 85bps. If we should dive lower from here, I might find myself either revisiting SQQQ for a second clubbing or perhaps none at all and just preside, if you will, over my portfolio as it swims lower.

It is true, I am flippant about my losses — only because I realize my slump is temporary — the result of being afflicted by seasonal allergies which has caused me to be disabled. I will be parking in handicap spots for the foreseeable future.

Easter is coming which means I go to church, pretend to enjoy the taste of communion, and pretend to be religious. I do this about once per annum. When I was a boy I was an altar boy and the whole nine yards. I used to help priests at mass and in return they’d be discourteous to me. It was a good relationship — until I got older and said “fuck this shit” and never went back again. Then I became what some might describe agnostic and then an atheist and now I’m back to agnostic — only because being an aethiest is also a religion and I’m not a fan of organized religions. I have a personal credo which speaks to morality and treating others as you would expect to be treated.

For example: If someone broke into my home, I’d shoot them and that’s exactly how I’d expect to be treated if I wandered into your home to help myself to some of your personal belongings. It’s important to be fair to one another, help when possible, and try not to get in anyone’s way. If you’re getting into the way of others, you should fuck off and become an altar boy or something equally useless.

Everyone is talking about the dollar collapsing, which is voodoo for us professionals. Now that you’ve said it, it won’t happen. The dollar is relatively stable, considering the FOMC will likely pause before the ECB. It doesn’t matter if BRICS establishes their own trading block without dollars, as long as the main centers of wealth (Europe and Japan) still use dollars.

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4 comments

  1. moneybagz

    hilarious when you are in a trading slump its “ALLERGIES” but when you have a hot hand its because you are genius and not market conditions

    also have fun with that STRONG DOLLAR, about as strong as the STRONG WOMEN of south park

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  2. helen

    “The dollar is relatively stable, considering the FOMC will likely pause before the ECB.”
    Moron, you might want to rethink this sentence…

    “only because being an aethiest is also a religion and I’m not a fan of organized religions.”
    Atheism is a religion like abstinence is a sexual position

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  3. helen

    “The dollar is relatively stable, considering the FOMC will likely pause before the ECB.”
    Moron, you might want to rethink this sentence…

    “only because being an aethiest is also a religion and I’m not a fan of organized religions.”
    Atheism is a religion like abstinence is a sexual position

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    • 0 Deem this to be "Fake News"