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
23,434 Blog Posts

Traders Salivate Over Blood Soaked Deals

Markets are now green, erasing an early 100 point plus deficit on the NASDAQ. We had what looked like a traditional risk off tape, with bonds soaring, gold and the dollar surging, and defense stocks acting defensively. Instead of the rout which was predicted by more emotional people on the internets, it would seem the stoics have taken over again — placing large bets on the market — sopping up the blood from the wars with their money.

I’ve been forced into tactically shifting against a strong bias of mine: which is to see markets collapse. Since that is not happening and I do possess a keen mind towards preservation of capital and success — I have a very long book now and possess gains of 25bps.

This will annoy a great many of you, mostly due to your own insecurities and lack of panache. Just know, and find solace in this — better men than you traverse markets and understand when to ebb and when to flow.

Into the final hours, I expect nothing less than abject hedonism — a true post modernist display of greed and depravity.

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