Yesterday I was so smart. I had accurately called the move lower and had a 9% gain in SOXS and 4% in FAZ. Then Super Joe Biden stoked a massive heart attack rally and I looked at it with a certain degree of skepticism — because I was thinking my own book. I bore witness to my stocks and waited for them to recover and they did. Then I got greedy, sat and watched as market re-ignited intra-day, and fucking poleaxed me.
The results for today’s closed trades.
(OPGN -7.2%)
(VIR -8%)
(AHPI -9.7%)
NNVC +1%
Bear in mind, those were all gains. What have I become?
As Wall Street glistens today with bountiful profits, I am literally bogged down in the mud, cavorting with the pigs, sloppy tits and down.
Truth is, we’re not breaking out. I know the bad trade here is to cover my shorts. I know the dumbest trade I can do is FOMO and get long.
Look here.
75% cash, looking for a break, a morsel of last week’s winnings to improve my spirit.
If you enjoy the content at iBankCoin, please follow us on Twitter
Fucking Bogged
This will be the case in half of the large cities in the US in 2 weeks and it will persist for 3 months. Defaults will skyrocket.
https://www.yahoo.com/news/seattle-ghost-town-residents-face-040500149.html
Just amazing to me how bearshitters continue to doubt the power of the Fed and Central Bankers. You see a “panic rate cut” while I see a Fed the initial salvo from a Fed that will do anything…cut, print, inject liquidity, backstop…to keep the economy humming. Yet bearshitters were running around yesterday gloating that the Fed was out of bullets. You insult your own intelligence if you believe that.
Italy just cancelled school and all sporting events for their whole country.. this will be happening across Europe over the next 2 weeks and will be happen in the US shortly after. Conferences, travel, plant closures.. Please make your case how we will stay out of a massive world recession? The fed can’t fix this and there will be massive pain for 3-6 months.
Cannibalization. There is a universal speed limit.
on
debt
with
zirp
with
overvaluation
with
junk, oil
with
slowdown,
shock,
disruption
Interesting times indeed. I had worried we might pass our refuse on to the next generation which would be bad. Instead, it now seems we shall meet and resolve some debt issues before the handover, in the near future.
Best read up on negative interest rates.
Sure–no doubt we’ll get states of emergency and shut-downs, and the economy will suffer on a SHORT-TERM basis. But there is so much money and stimulus being pumped into the economic recovery that as soon as the extent of the damage is quantified (in a month or 2), it will be off to the races for equities as investors start to anticipate the cocaine-fueled recovery the Fed (and other central banks) are setting us up for.
Add Locusts
Food shortage, Food inflation,
The fed fucking knows this is endgame
And they’re just playing-games
With all that – we’re going back-into systemic bubble condition? – (lol)
They’re proving how ludicrously absurd their rigging and programming
has been all along
Oh shit not another Fag Box!