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
23,433 Blog Posts

They’re Watching Me

I’m pretty sure the stock Gods are now completely focused on my every move. If I sell ABC, they bid it up. If I buy XYZ, it collapses. In many regards, I am bogged. Perhaps I deserve it. Perhaps I’ve been tweeting too much on X, disseminating the wrong type of news and have annoyed them. Whatever the case may be, I have have OUTSIZED losses to the down side today, off by 144bps, extremely stupid and dreadfully retarded.

Small caps plunged at the open. Good thing I had shorts in large caps. Markets were weak, except for volatility. Good thing I was long volatility and $UVIX is careening lower. Just a short while ago, I bought a handful of larger cap stocks do offset my SQQQ for a momentary pause — but those too have gone lower and now I am off by 151bps.

Here is the problem.

If I close out my shorts now — the markets will of course crash. The second I do it — stocks will fall. Trust me on this. But if I hold them, we might soar into the afternoon and beyond.

I could always add to my shorts, just to anger the stock Gods even further. Perhaps I might tweet some more news to annoy them or find a way to mock them, such as saying something like this.

Listen here, cunts. You cannot get away with doing this to me. I want to speak to your manager. I am going to get you fired.

There, I feel better already.

It’s worth noting, no one should listen to a damned thing I have to say about stocks now — since I am cursed, moping about in a losers gait, both stupid and dense.

Cheers.

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