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
23,468 Blog Posts

Help Me Understand This Fucking Tape

Since I obviously haven’t the slightest idea what I am doing today — perhaps you — the unwashed reader class of person can illuminate this for me.

Here is the fucking backdrop.

Geopolitics: next to apocalyptic
Market Breadth: 26%
Inverse ETFs: $LABD +9%, $TZA +5%, $SRTY +5% $SQQQ -0.44%. REALLY CUNTS?

VIX: $UVIX -2.4% — REALLY?

Small caps -1.9%
NASDAQ FLAT

Listen to me now — I would bet my life this market CAREENS THE FUCK LOWER. I’m so confident I wouldn’t even want a reward. My life for lower stocks. If it goes lower, I am just right. If it gaps up, I die.

For the love of God — the rigging must end.

I do realize this is loser talk, always blaming external enemies for internal faults. HOWEVER, look at it.

I am now 43% short, 16% cash — obstinately down 100bps.

If you enjoy the content at iBankCoin, please follow us on Twitter

2 comments

  1. longrun

    CONGRATS

    You get to live on. Long live the Fly

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. txchick57

    This tank on UVIX this morning was an absoloute gift as any will be going forward.

    Best stock in the narket right now is AMC, as hard as that is to believe.

    • 0
    • 0
    • 0 Deem this to be "Fake News"