iBankCoin
Stock advice in actual English.
Joined Sep 2, 2009
1,224 Blog Posts

Unprecedented

Sorry for the silence, but this will be my only piece today. If you really want to have some material to read, I suggest you go back to yesterday, and the day before that, and re-read what I wrote then. The entire premise of the bounce we experienced today is gibberish.

That move in oil was so large and so fast; I swear on my honor I almost liquidated my accounts to begin the peaceful life of a gardener.

I am not impractical. If this move continues and shows no signs of slowing, I will cut down my hedges and raise cash. But I’m not going to do anything of the sort while the market is being shaken like this on nothing but hearsay.

My time has been spent solely to my labor, for the past week or so. Oh how I missed working, this time last year. However, it does have the tradeoff of being especially busy during the Fall. It’s just the nature of the consultation business.

I’ve been putting in 10-12 hour days, easily, and work on other endeavors at night. So my time on the site has been limited to about one post a day.

But I see the light at the end of the tunnel. It won’t be long now before I have significantly more free time on my hands.

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3 comments

  1. Raule

    Detroit hustles harder. Closed mouths don’t get fed on the boulevard.

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  2. Jakegint

    Why not just do a Lord Rothschild and ride the “middle 60%?”

    Let the stocks break and then short the scheiss out of them.

    ________

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