Listen to me, stocks will go down after they’ve exhausted the upside and enough people get rigged into fucked positions. You look at me and must wonder ‘how the fuck does he buy those stocks — they suck?” Look here bucko, I have 50%+ cash most of the time and each position is more or less 5% of my holdings. I can afford blowups. My gains YTD are off the fucking charts. I don’t mean to brag, but I’ve been trading superb for about 5 months straight, nothing ordinary about it at all.
I used to wait a week for a 10% winner, now it’s all in a days work.
The Russell is still down 13.5% for the year. That’s a big amount and could equate to further upside for a number of stocks. As much as we HATE this rally and what it stands for, disconnect yourselves from the reality of the situation and treat it no differently from a night in Vegas.If you enjoy the content at iBankCoin, please follow us on Twitter