iBankCoin
I turn dials and fiddle with knobs to hone in on harmonic rotations
Joined Oct 26, 2011
4,121 Blog Posts

Fully Erect Baboons Sniffing Coke by The Palm Full

I’m truly impressed by the strength of this market. Sitting at my trading turrets far from the major financial hubs of America, I can only imagine Wallstreet and Chicago overrun by wild baboons so zinged and jacked they no longer have fear. They only see opportunity, everywhere and are elated to let their stock market winnings ride.

You know what happened to my portfolio last May? Scrodum punched to the tune of 9.5% down. Down 3% more in June. I was buying ANV and EXK and other miners all like, “Damn, Gint is rich as fuck and pens his thoughts so well.” I was corrected. The market will correct the shit out of you and test your convictions. Obviously these halls are hemorrhaging with sage stock picks and advice, but if you don’t have your own methodology to custom tailor the positions you’ll be GRAPED in a most humbling manner.

Flash forward to the end of December and I’ve been minting coin. It’s like the blogger network marked the beginning of the greatest rally I’ve ever experienced. 2009 snap back was swell indeud, but this rally is run by madmen with no care for risk management. I say anyone can look good in this market, but in reality a modest participant with reasonable goals must be heavy in cash and hedged by this point. I’ve been at max 65% long during this madness and for about two weeks I’ve had TZA going MF Global on my account. Still I’ve recuperated all my 2011 losses and my account sits near the high water mark. I find all this incredible and like The Fly imagine what being fully vested into this ramp up could have done.

So I say to you, look not upon these markets with disgust or disbelief but instead pick your spots and run with the baboons. We’re looking at a sea of opportunity. That’s epic.

Aside: This is FB people. Stop hating on it. Buy GSVC so I’m not the last one holding the bag.

Regards

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One comment

  1. The Fly

    Nice pic. LOL

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