I bet you thought you’d come to iBankCoin this morning and “that rascal”, Le Fly, would be having conniption fits over the S&P futures. I imagine you thought I’d be plotting acts of cannibalism against my fellow man, tossing empty coffee mugs onto my neighbors front lawn, cordially asking the wife to “move out the way, atta girl.” But you’d be wrong. As a point in fact, today’s melt up means absolutely nothing to me. If you could see me now, I have zero emotions running through my body. I am not scared of Ebola, happy about stocks, or even mad at the world for spinning.
I graciously accept today’s gifts from Mother Market and tip my hat to her. If she chooses to rescind said gifts, I understand and will not take it personal.
I posted 11 blogs yesterday and over a hundred tweets from my scabrous account there, all done spontaneously like a loose jawed bedlamite.
As for my fellow friends who happen to be long VIX related products, I wish you the best of luck. This market is hard enough. You don’t need to come here and be taunted for genetical inadequacies, pertaining to intelligence quotient, all because of an investment choice.
We all are free to decide where our hard earned dollars should be placed. Most people hate the stock market and opt for real estate or bonds instead. What we do here, each and every day, is hard and requires discipline and healthy habits. It’s important to exercise, eat well, and try to laugh at set-backs, instead of stressing out over them. Otherwise, you will not last very long in this business.
In short, the market looks to want higher this morning and I am just the man to like it that way. I will not sell into the rally, nor buy. Rather, I am going to read a book, listen to some Beethoven, and relax. After all, it’s been a crazy weak and I deserve a little peace and quiet.
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