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
23,471 Blog Posts

The Fly Wins Again

It gets boring for you, but never for me — since I am the one winning. Here were are on a rather moribund and plain day and BAM! big dicked wins out from the gates.

Overnight sales.

LPI +31.5%
NUGT +3%

I could’ve sold for higher on the LPI, but settled for +31.5%. The trade was in fact easy and I would teach you my methods, IF I was a god damned teacher. I do not teach anyone how to do this, but merely head out there in the morning hours of the sea and procure fish for everyone else to eat.

I am a MASTER FISHERMAN and that’s all there is to it.

Presently, I am short with 75% cash, dialed the fuck down after a long week of back and forth. About a week ago I ended a 36 for 37 winning streak with some losses. I am now 9 for my last 9 and do not intend to ever lose money on a trade again. I’ll just win them all.

In case you’re wondering about the market today, let these NEW iBC MERCH store items serve as a reminder.

 

 

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27 comments

  1. tradercaddy

    You need a mug/t-shirt to go with that which says “Turnaround Tuesday” and perhaps “A Piker”.

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    • narcist

      I just bought this “Trump 2020: Fight COVID / Drink Clorox” shirt for Halloween.

      I acknowledge that he did say inject (not ingest).

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      • tradercaddy

        Now you just need a Richard Nixon mask to complete your Halloween outfit.

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      • numbersgame

        GWB was a genius comapred to Trump.

        The only policy Trump got right was his tariff war with China, but he gave up on htat because it was so unpopular with elites in both parties.

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        • narcist

          The bar is rather low: GWB didn’t actively suggest his voters kill themselves with chemical substances on a weekly basis.

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          • wolfdaddy

            Looks like the retard is opening up your Shithole state. Good news! Now you can go back to low IQ job and stop posting nonsense here all day. Hope you catch the Chinese virus!

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          • edge

            I heard that there were long lines of people at GOP offices getting bleach enemas. I guess they’re accustomed to getting things stuffed up their asses.

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          • narcist

            Please stop it, Fly’s alt. You already know I can multi-task with my high IQ job, my low IQ job, and posting “nonsense” on the internets. I promise I will stop posting here soon (when the VIX falls back down to sub-30 and people stop coming to this site).

            I’m truly nice and congenial with my banters everywhere today, even on 8kun.

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          • narcist

            *while posting

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          • narcist

            The other day I posted some nonsense on Tao’s blog and ended up getting outnerded.

            That was insulting.

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          • numbersgame

            Seems like you found my TL;DR limit.

            I’m too far out of grad school to have any interest in any higher mathematics without knowing (and carign about) the practical application first.

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          • purdy

            No, GWB preferred to snort chemical substances.

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  2. purdy

    It starting to look like opening back up sooner is the way we’ll go in order to avoid more payments to the plebs. However, one should temper any stock market optimism that you feel due to this and consider the the fact that it is only through manipulation and confidence in a perpetually engorged DC Covid tit that we have come back this far.

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  3. Mr. Cain Thaler

    The WTI oil futures chain has actually gotten worse. Everyone is fixated on the spot prices and forward months recovery.

    You used to be able to get oil for $30 in January 2021. Now it’s sub-$30 oil through March 2021.

    Commodities traders are being asked to gamble on demand recovery and they are not optimistic here.

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  4. numbersgame

    Gilead’s study changes:
    Gilead’s original study did not allow children. They updated it several weeks after it started, so maybe they can improve on the 0 per 100,000 death rate for under 18s.

    Obviously the orginal study wasn’t going well, so they needed to add ringers to boost the results

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  5. edge

    By opening early we can get a running start going into the fall. Is that the plan?
    That thinking is much too advanced for Trump but not for the GOP.

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    • numbersgame

      A running start into what?

      Is the thinking rather than killing the first peak and then having a second peak, just draw the first one out instead so people get numb to 1000/deaths a day? I don’t think that will work, becuase if we reach 100k deaths, Trump and the GOP will get the blame again for loosenign restrictions early.

      Also, the deaths will likely start to trend red-state, and it’s more difficult to say “it’s just the flu” if your neighbor billy bob is dead.

      Of course, a pessmist may think that Kemp is opening barbers and hair dressers in order to kill more African Americans. Even Trump is sayign Georgia is openign too early, because Georgia is probably among the 15 (or less) worst sattes right now.

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      • purdy

        New polling suggests old folk prefer Biden over Trump. Open early and kill the competition’s voters.

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      • edge

        Suppressing voter turnout usually helps the GOP.
        I was trying to rush through that comment. Sorry for the confusion.
        Please don’t beat me.

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  6. og

    Don’t short a boring market?

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  7. purdy

    As I previously mentioned …Trump’s genius plan is to feign incompetence and use his apparent haplessness as cover for his using this virus to kill off old people, fat people, and the unhealthy – – thereby saving a bundle on SS, Medicare, and Medicaid costs …and maybe saving private pensions as well.

    Shhh, don’t tell him that he’s old and fat.

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    • edge

      No worries, he doesn’t even know how stupid he is.

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    • numbersgame

      To be clear, I’ve never said that we defintely should or shouldn’t loosen restrictsion. I’ve just stated that if we do, the death rate will go significantly higher again.

      I have been arguing that the 50,000 deaths (so far) is due to the low infection penetration rate, while others here and elsewhere argue that it is due to a claimed low lethality rate (< 0.1%) and higher unconfrimed infection numbers.

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  8. richardweiner

    Pizzle. Look it up.

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  9. edge

    https://www.google.com/amp/s/www.nbcnews.com/news/amp/ncna1191586
    How the fuck is it that a US President made this announcment necessary?
    And yet the stable orange turd is revered. The US will pay for this lack of judgement, the world will never quit laughing…but trusting us is over.
    Think about that as we try to recover.

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