Hello and good day,
Sitting at the pier to catch a ferry to the islands, just bought 5 hours of wireless for the price of a “cup a fucking joe”.
I could write something interesting, I could do some screens, frankly, I can’t be bothered. It’s 3AM here and I’d rather enjoy my 6.4% bottle of Chang beer, super-sized edition of course.
This reminds me of the first ever update I made on this here “iBC” website.
I told you last time, I’m 45% cash or so, so I”m not sweating it, I am however sweating as it’s “hot as balls here”.
Below is from the update I just linked to:
The alternative is to be like 99% of the retail losers in the game, buy high and sell low.
One thing I will remark is how equities that looked “on sale” a few days or weeks ago now look grossly overpriced.
Whatever stocks I have now I won’t let go red, usually I don’t care and have a fairly high tolerance to risk. Not anymore, I refuse to hold another losing position.
Note the last sentence, typically I’d hold losers, and sell those doing “alright in this sell off”. Fuck that, those doing “alright” are my future runners, why sell the only strength you have? With the luxury of cash and time, I’m going to enjoy my life.
That said, I should never update “I’m going to be away”, why you ask?
a) No one cares.
b) It’s a farce, I’m a hardwired internet junky, I always get my fix.
Good day to you unless of course you’re on margin.
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So, do you think the gap will fill on POT.TO?
Have you resorted to pouring your Chang into a glass filled with ice cubes yet? Just wondering if you’ve “gone native” on us.
Lies, margin positions are glorious.
po – no but I’m drinking a chang now, in Ko Tao, beach front cottage and i mean like 3 feet from ocean, secluded so no “wandering eyes” if you know what I mean. 300 baht a night, breakfast, omellete, shake, then 2 shakes with tequila – 360 bbaht hahan- “in touch” is a great bar to hang at.