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
20,567 Blog Posts

GOT WHIPPED N SAWED; GOING FOR A WALK

Into the bell yesterday I bought some SOXS — because I was in the zone and knew what I was doing. Futures flubbed hard last night and I felt supreme. Then Dr. Benjamin Bernanke ruined everything this morning and made me FOMO — forcing my hand to sell SOXS and then make HEINOUS sins and buy a variety of SHIT stocks. These purchases were immediately reviled inside Exodus — with my enemies poking fun at me and having a jolly good time at my expense.

This bullying made me concrete in my desires to flay them alive and also win on these longs. I was, in fact, one of the cool kids now and I wanted the lambos and the other shit that HODLers get for waiting around for shit to happen. Instead I got a HARD FORK to the fucking face.

Today’s results, thus far.

(SOXS -7.3%)
(JETS -6.6%)
(M -9.8%)

This all happened in a matter of minutes, as I quite literally timed the top. I corrected my error and although I was tempted to SELL SHORT and see it all burn down, I flagged myself for FUCKERY — 2hr time out to go fuck myself for being an asshat. I find that when I disjoint from the markets, it’s best to not compound errors and do nothing instead. I had been on a great run, it’d be a shame if I ruined it all by flubbing the volatility fueled tick-tock.

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17 comments

  1. peaches

    This market has turned everyone into a newb

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  2. tradercaddy

    Before you go for your walk don’t forget your 3m n95 mask, .45 handgun, hand sanitizer spray and wipes, space suit, gloves, health insurance card, dog (more protection from mob), and official Exodus membership card for market updated commentary.

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  3. narcist

    JBTFD WTF IT IS NOT THAT HARD

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  4. narcist

    I’ll repeat: The markets are responding the European COVID figures (and soon the American figures), not the economic stimuli (which are already baked in).

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  5. tjnyt

    Played according to plan, sold calls at the open, bought the dip, up 8%.

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  6. purdy

    Watch BCRX above 2.1

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  7. jose

    Oxford Univ suggests many more have been infected than previously thought in UK. Might imply that covid-19 mortality rate is more akin to existing flu strains.

    https://nypost.com/2020/03/24/coronavirus-may-have-already-infected-half-of-uk-study-says/

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  8. alty

    Crazy that I haven’t sold any stocks on the way down, have bought more on every down day, and still feel some FOMO on this rally because I’m 13% cash. Must be tough to be heavy cash or short knowing even in the bear market you waited years for, you still aren’t making any money. It’s probably a decent day to pick up some puts though.

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  9. heckler

    The “V” shape stands for Fly’s Vagina

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  10. itsgold

    If treasury rates go negative, is that bullish?

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  11. snoozemr

    hopefully Monday was the bottom. Bought a little WMT and KR today while all else are buying risk today. May add some to my VZ if it stops below 50 again. I think FLY is perhaps reading too much Zero Hedge of late.

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  12. edge

    Nugt looks like it may be taking a rest. Just sold 9.80. I’ll buy it back.
    I’m taking a break today. Just watching.

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  13. lapax979

    Read following report to learn how a single mom was able to make four k dollar in her spare time on her computer without selling anything HERE…media900.com Copy paste Now

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