iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
18,447 Blog Posts

Markets Jog On With Triple Digit Gains in the Close

Bad day for tech. But other sectors did fine. My quant fund managed to trade up by 0.2%. I’m mostly positioned for a correction in my active account now, in spite of all the decadence. It’s merely a reaction to what I see in the high growth stocks, namely SAAS and Chinese burritos.

I’ll quickly fasten to a more bullish tone next week should tech recover. Truth be told, I have little to no interest cavorting in other areas of the market now, so I won’t even explore retail, energy, utilities, or old man stocks.

I’m bullish, but cautious. Hence, and ergo, I am 55% cash with a spot of TZA.

I’m about to go for a long bicycle ride, not the type of faggotry one would expect from professional bikers in speedos, as I am a man of distinguishable qualities and must maintain an air of masculinity at all times. Nonetheless, I shall pack a bottle of wine for refreshment and maybe a log of bread for nourishment, and make my way down and around the windy paths of Princeton.

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4 comments

  1. joyous__ending

    Classic bull market action. Many folks got drunk the past 18 years on spike rallies and selloffs, just not happening like it once did. This is what the 1980’s bull market was like.

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    • ironbird

      Yeah very optimistic possibly right. But. Dude or dudette this is not the 80’s. This is something entirely different and more exciting. The people are waking up.

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  2. moosh

    How many trillions of qe and showtime’s were there in front of the 1980’s bull market?

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  3. moosh

    Does Le Fly mtb?

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