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
23,471 Blog Posts

Tried My Best — Market Fucked Me

I started the day inside of a 1.2% hole and remained in said hole in varying degrees into the close. I traded like the wind in a 100% long only book via hedges and Chinese lottos, and leveraged UPSIDE ETFs — yet at the session close I more or less did it all for nothing, finishing DOWN 0.98%.

The market cold collapsed and then sprung higher, and then collapsed and then sprung higher and then raped everyone. It was one fuck you candle after the next — typical of a Fed day. I will say however, the real move is going to be UP. The bond market continues to price in a Fed cut — so what are you selling for? Get the fuck out there and grab your balls and get long.

We are still ENTREATED to Chinese Lotto stocks nearly every single day, with 200-1,000% movers in a RIGGED only for fuckers market. I’ve been hooked and snared into the foray, but only with small chump change investments. I might toss, say $10k, at an idea — just for fun — accepting the remote idea that my entire investment might be lost in an instant.

I am working frenetically here and my pace is quickening and I am beginning to get pissed off that I cannot pull magic rabbit heads out from my bag of tricks. I keep reaching for the magic rabbit heads and end up with a fistful of bollocks.

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