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
23,558 Blog Posts

Locking in Gains

I took gains at the open and stepped aside into cash, +50bps for the session. My gains for June are 1.92% and I’ll try to push that to 2% before the day is out.

I like to cash up after the morning push because of the inordinate times markets have reversed lower after a strong open. I can accept losing money but the hardest pill to swallow is squandering gains.

The main topic of the day is the mental acuity of Joe Biden following last night’s train wreck debate with Trump. Anyone who is surprised hasn’t been paying attention. Biden has been like this for years.

I know this will sound controversial, but I’m not looking forward to a Trump admin. He’ll serve as a pressure valve for so many retarded boomer conservatives. If you want a true right wing movement, we have to have true right wing leaders. Trump does say a lot of things we like to here; but at the end of the day, he won’t be able to do much because of the useless nature of democracy or as some of you annoying retards will remind me: “a Constitutional Republic.”

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One comment

  1. rigged game

    Joo-hugger Joe has gotta go – to the nursing home. His debate
    “performance” was pathetic. Dems, if they want to win, must DUMP JOE
    -preferably this weekend, and get a a sub NOW – not at a convention.

    How about Al Gore teamed up with Michigan governor Whitmer?

    Though Trump is a 100% serial liar, he is not a warmonger, and thus
    is a lock to beat Joohugger Joe, who wants Netanyahoo to kill ALL
    the Palestinians, and take over Gaza and the West Bank for their oil.

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

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