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
23,425 Blog Posts

RISK IS ON

You might be Mcfooled into shorting stocks — but not me. I see pennies are +1.4% for the session and Bitcoin is busting loose to the upside. On top of that, seasonal factors demand we pretend Pax American is back in vogue.

Into the final hours, I am likely to leverage up long without hedges. This is hubris speaking and I know it, but I don’t see how anyone can stop me.

Mega and Tera caps are weak — but this is a trap. The risk part of the market is on fire and the bears have had ample time to bring down the market and have failed. I’m afraid time has run out for the bears and they’ll soon be hunted with gunpowder and sent to the taxidermist for a proper stuffing.

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