iBankCoin

Have a Look Inside My Bubble Basket

Inside Exodus, since 2014, I kept an index of bubble stocks, that traded at a premium to the rest of the market. The idea was to assess risk, in order to help with my timing.

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Year to date, its been hammered into fucking sea shells, down 12%. For the day, it’s still up around 0.4%, despite broader market weakness.

Today’s reversal is nothing less than apocalyptic. This is it, the very end of days. Soon I will be entering your town with my militia to seize dry goods and declare myself Lord of your bullshit community. These losses that you’re enduring are evil, from a demonic like possessed market.

I’m not regretting my leveraged SPY position. It’s part of the plan. Get super tits aggressive when everyone is crying like infants in their cubicals, then blow out when traders are talking about new sports cars.

Or, I could just collect assets like a moron and be down 12% for the year.

Bear in mind, 25% of my assets have been in TLT from the end of 2015.

So, what have we learned?

Board the ark; the end is now. But, bubble stocks are hanging in there today. Maybe we recover and rally into the bell. For the love of God, we’re gonna have to rally at some point.

No? Maybe?

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4 comments

  1. toad37

    1950 into the close would be fun.

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  2. teslawasright

    Sorry Sir Le Fly – we are finally witnessing the end of the empire

    “NOW WE ARE SEEING A NEW WORLD ORDER COMING IN TO VIEW”

    The rise of the new Atlantis is upon us.

    The industrial era is over – now let’s move on to big datas and carbon credits

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  3. zheeeem

    Stocks go up, stocks go down. This week they go up in the morning, down the rest of the day. Next week, who knows.

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