From all of the winship, a losing streak was born — bred out of hubris and comfort. With today’s mashing of the tape, I traded the intra-day and lost. My cardinal rule of only trading opening rips and dips was disobeyed; ergo, and this goes without saying, I was RINSED.
BEHOLD my new streak, 8 consecutive losses.
(ALLY -3.7%)
(TEX -3.4%)
(MITT -6.3%)
(IVR -4.2%)
(MFA -2.2%)
(RWT -1.4%)
(FNGU -1.95%)
(LABU -3.7%)
What do we make of all this? Entering today, I was 20 for 20 with the longest dick in the world. Now I am both flaccid and short in scope and girth. I closed the session net short — because fuck stocks. It was an angry traded, rooted in revenge. I have pent up hatred and it’s woefully unhealthy. Nevertheless, I press on amidst corona and all of the perfidy to shape a world in my image.
The Nasdaq closed up 100, halving its gains. This halving gave bears like me an entry into the colosseum and now I am fairly certain lions will soon be introduced and the gates closed. Lucky for me, I am 75% cash and will reintroduce the gentleman’s MARTINGALE STRATAGEM soon, in order to extricate myself from this malaise.
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Mr. Fly has entered the arena!
https://www.cnbc.com/2020/05/05/the-coronavirus-mutated-and-appears-to-be-more-contagious-now-new-study-finds.html
It’s time to open our flights to China.
Lol
LOL. Somehow this bullshit will get passed onto blame the US in the end
The blue check marks are already trying to downplay the role China has had in covering up their part of the pandemic which directly lead to an untold increase in early deaths, especially in Italy and Spain.
Gentlemen may Martingale?
What would Jesse do?
Fly. You, and your flock, are strangely silent. Not surprising. We are stuck in a range of indeterminate length.
I am watching Rachel Maddow at the moment, while enjoying margueritas, after reading ZeroHedge (coolest name ever) all day. Rachel is not happy. I am not happy. ZH is not happy.
The response to our greatest adversary since the second world war is indiscriminate spending and the incompetent rantings of a senile, or at best the evil aspirations of, a dangerous and expendable meglomaniac.
Shall we go broke or go broke with a vengence?
May someone with access have the patriotism and the balls.
Bet on havoc, long term…
Too serious for Cinco de Mayo? Yes! For now I live my life. 85% cash after a kickass Tuesday.
Patience. The Monster vs The Monster Wad o’ Cash…only one will win. Be solvent, my friends.
That butt ugly Mad Cow is entertainment for you? You just lost all credibility.
I can listen with my eyes closed but I can’t watch you’re right she is gross
Because every blue state is flush with cash and sitting pretty paying retired civil servants huge wads of cash extracted from taxpayers.
https://www.thestreet.com/mishtalk/economics/illinois-true-retirement-cost-is-58-of-the-budget
To set the record straight. The Chinese fucked up. They acted in their own interest, the exact nature of that…we’ll see.
Trump’s response- regardless of anything the world did- was, to be kind, incompetent.
Trump is a self absorbed meglomaniac. Anyone who can’t see that is a piece of shit worthy of slaughter.
The Anti-trumps will win in November; I propose a bounty of $10,000 per head, severed or not, on the opposition. A bonus for entire families.
Holy shit! Vote for Biden. He is in bed with the Chinee (SIC on purpose). We are fucked (regular working class folk) on a monumental scale who ever gets elected.
Trump is a cheerleader whereas Obama would encourage you to go dig your own grave.
Edge why you so mad on Trump. You must be a woman, or watch the news with total belief, or both. You my friend were told what to think of him, its works on those that are unintelligent that can not form a solid judgement without outsiders.
Your spirit animal is sheep or gazelle, food for us wolves.
I look at the crowds at Trump’s rallies and do not see any intelligence in the mass of destitution and ignorance.
Anyone that sticks to one bubble-view for their news is a fool.
That being said, all politicaisn lie. However, Trump is differnt because he lies about the *past* all the time.
In fact, i don’t undersatnd why reporters even bother with, “what did you mean when you said…?” type of questions because while most politicans would just give a rambling evasive answer, Trump just denies saying it, even when it is from live TV. Reporters should just bring recorders and play back his exact words to him: “Waht did you mean when you sad ?
This is just getting silly now. Pelosi wants to reimburse 100% of small business employee payroll and benefits.
US payroll in 2019 was over $18T. Small businesses are the biggest employer in the US. Are we going to double our debt just to stand still?
Plus as politicans have shown twicy in as few months now: they don’t really care if the business is small or not
“Democratic Rep. Pramila Jayapal of Washington that would authorize the Treasury Department to reimburse employers for 100% of their payroll and benefit costs up to $100,000 per employee ”
Why should taxpayer’s fund $100k salaries? This is just as irresponsible as the Republican 2018 Tax Cut.
If these people were really worth that money then
1) They should have plenty of saving to ride this out, especailyl after the boost the FED has provided
2) It will be easy for them to find a job again
Millenials and Gen-Z should be goign crazy.
Also, I still haven’t seen anything about limiting taxpayer grants to business **where revenue is actually going down***.
So a small minority of you may find this article interesting:
https://www.zerohedge.com/markets/its-going-get-lot-worse-underestimating-bubaecb-split
The headline is that the German high court just puts the ECB bond-buyign program in serious jeoprady. However, the corolary bodes even worse for the potentail chaos it could sow in the EU:
“If a German Court can rule the European Court of Justice’s (“ECJ”) previous rulings on QE were ‘untenable from a methodological perspective’,
***then it must be a superior court***
…If German courts trump ECJ rulings and ECB policy, what kind of union is it? Or is it just an informal club where you can pick and choose the rules you want to follow, and ignore the rest. “
time to short homebuilders