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
23,433 Blog Posts

No Decade in Review Here, Pal

Forward looking people don’t need to look back upon his mistakes and successes. That shit is for sentimental people who have time to waste praising themselves, or worse: feeling sorry about themselves.

Today I took the coyote to the dog park, whereupon she challenged a pitbull mix to a savage match of growing and pawing each others face off. Had the pitbull decided to kill my dog, it would’ve been sad and I probably would had had to take out my blade and kill the pitbull on the spot. Which leads me to my next question: aside from criminals, who in their right fucking mind brings a pitbull into the house? They are the dumbest fucking dogs on the planet, alpha predators, and are a menace to society. You might as well keep a pet tiger in your house too, if you think pitbulls could be domesticated.

Fuck off pit owners. I can sense you’re getting triggered reading this now.

So we have two days left of the year and it’s important to note tax loss selling is an actual thing. Expect losers to come under pressure the next two days. The forced selling might create some easy trades in 2020, so be ready for that.

NOT a fan of gold here.

Still a fan of biotech.

Mixed feelings on tech.

We’re overdue for a pullback and biotech is getting all the juice because of the black box theory. To rehash, people buy companies without revenues on the promise of something grande. The proverbial black box. It could be great, or catastrophe. But since it is pre-revenues, there isn’t a metric to suggest the stock of overpriced. Why, their new drug could be a fucking blockbuster — shattering the market to pieces. They could be then next Celgene. It’s the sort of shit we have to deal with in hot markets every so often, more now than ever before. This too will end and these stocks will get lit the fuck up — destroying a brand new cadre of millennial fagLORDS back into their Coinbase accounts.

BIG gains for 2019 — no complaints here. We’re all entering the 20s roaring already — the very best of times monetarily. Underneath the shiny veneer is of course depravity and a bottomless sadness that will have to be resolved at some point in the future. Look to Japan and China as canaries in that coal mine. For now, the good times are rolling. Position yourselves to profit and compound your returns, but never cease to forget this empire is built on a pyramid of lies.

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2 comments

  1. moosh

    Not a fan of gold?? Silver then. In house pits are the best. Never owned one myself, but there are a few friendlies out there that would protect my neck no doubt

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  2. moosh

    Thank you Le Fly for letting us in on your big fly brain and reading another golden year of pretty much writing/blogging perfection

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