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
23,417 Blog Posts

BOTTOM

FTSE MID is higher by 10%. US futures are pointing towards a grandiose open of 4%. Oil is higher by 5%.

The mustard seeds are already taking root and a great bit beautifully titted market is about to take hold. Yes, it’s trie, I purchased SOXL yesterday. Yes, it’s true, SOXL was down 13 from my basis in after hours trade, but now it’s +13 and my boldness has resulted in yet another victory in the great bear market raid of 2020.

Can I teach you how to trade?

NO.

You can never learn to trade. I am merely a purveyor of fish. I can feed you said fish and that is all.

If you enjoy the content at iBankCoin, please follow us on Twitter

9 comments

  1. heckler

    Ridiculous overnight moves! BTC up like 50% off the overnight lows. PANIC induced frenzie

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. yxd0018

    are you sure this is THE bottom, not a bottom?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • narcist

      The McClellan Oscillator closed at -138.92 yesterday, which means buy call options regardless what kind of bottom you want.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
    • flea

      In 1929 the first ‘bottom’ occurred 2 months from the peak. Everyone started buying again and there would be a 5 month rally.

      However, if you bought that ‘bottom’, you would lose another 79% before the thing truly bottomed more than two years later.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  3. narcist

    This is redundant. You already called bottom on Tuesday and people already know how good a purveyor you are by now.

    • 1
    • 0
    • 0 Deem this to be "Fake News"
  4. harry hood

    Fly is an absolutely brilliant trader with a talent for finding the move before the market even knows. I used to like to fiah, now I just eat fish. Thanks fly.

    • 0
    • 0
    • 0 Deem this to be "Fake News"