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
23,431 Blog Posts

Liquidated My Old Man Stocks — Victory Day For House Fly

I accurately measures the time and place old man stocks should outperform and today I cemented in my gains. The reason for selling is simple: I want to be NAKEDLY short this market without any buffer. I am not certain it will happen today or tomorrow — but it’s coming. I see the writing on the wall — the expressions on the faces of a sea of cows being herded for slaughter.

This is what victory looks like.

SJM +17.6%
GIS +18.2%
K +3.2%
CHD +5.7%
KMB +5.8%
(CALM -2.6%)
CLX +10.1%
CL +10.7%
HAIN +4.2%

I have one old man stock left, an array of inverse ETFs, one contagion stock, and 65% cash. Said cash will be applied to the market as I deem necessary. I expect volatility, but more than that I expect bloodshed.

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

7 comments

  1. richardweiner

    Look at this cuckold posting percentage gains instead of dollars.

    Fly: “Dear Interactive Brokers, Please send me my 17% gains.”

    Interactive Brokers: You mean the 3000 bucks you made holding General Mills for three weeks?

    Fly: Yes. But it will be $30 million as I scale up my trading.

    Interactive Broker: Enjoy your $3000 sweety.

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

      Richard m’ boy, we’re anxiously awaiting your posts showing dollars!

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

    “I have one old man stock left”.
    Let me take a guess at the name of the old man stock.
    I would say it’s one of the following:
    Polaroid Corp., S.S. Kresge, Joseph Schlitz Brewing , Xerox, Sperry Rand, Bell & Howell
    Am I close?

    • 1
    • 0
    • 0 Deem this to be "Fake News"
  3. purdy

    “Trump …Hints At $2 Trillion Infrastructure Package” Aren’t roads and bridges so three months ago?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. heckler

    Bears truly are miserable fucks

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. tjnyt

    I was down 13K, everything I own was down, unbelievable .. and after-hours all up big. Someone knew something, I did not sell ….

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