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

THRIVING IN THE RUINS OF THE BULL

All of my friends in the business are clinging onto their longs — hoping and praying peace breaks out and markets are relieved from the tragedy unfolding before you. Over the past 24hrs, American troops were hit in Syria, Iraq and off the coast of Yemen. Due to mismanagement in artillery procurement, the US had to divert munitions away from Ukraine in favor of Israel — as they set upon a long arduous battle that will encompass all fronts, placing the two American strike groups in danger of reciprocity from the axis.

It’s important that you understand the backdrop of this market to be able to peer into the future. Over the past several days, I feel as if my psychic abilities have returned to me — enabling me to profit from the doom with outsized gains. I methodically traded with acute precision, both long and short — closing +115bps — at motherfucking session highs — as it is my right to do so. Long ago, I embraced the fires and saw to it to become immune to them. As I aged and learned more about the world, I became an advocate for them — yearning for a great reset to unseat the evil that presides over us.

A great cataclysm has cast itself over this market — bulls are both forlorn and cockless — reduced to catamite status hoping for reprieve.

Listen to me now, volatility closed upwards of 20, oil higher by more than 2%, and the US 10yr near 5%. The armies of the bear are in control of the tape now, laying siege to the transgendered bulls who hide behind their pickets afraid to look outside into the foggy hordes of retribution.

My prediction for Friday is for sharply lower prices, accompanied by, but not limited to a spike in volatility. I am long oil, gold, Lockheed Martin, short bonds, short small caps and most adeptly along the ride for the upwards trending volatility index — based upon my theory that put buying, very soon, will become all of the rage on Wall Street.

Good day.

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3 comments

  1. dchanko

    As the media freaks out about treasuries, screaming ‘the end is nigh’ while wildly pontificating with a red face and spittle flying
    Just buy Vertical Puts about 200 dte TLT.. and go back to snoozing

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  2. txchick57

    Full of shit as usual. Go ahead, ban me.

    https://ibankcoin.com/flyblog/2023/10/12/announcement-im-coming-trans-bull/

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  3. hidden hills

    Shit if that is all the money you have, you just quit and go do something worthwhile. fucking pocket change.

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