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
20,479 Blog Posts

Can You Believe This Shit? Up Another 450

I sold CRSP for 7.7%. I’m sitting on gains in all of my positions, +42% on WRTC, and the hits keep coming. This is in fact surreal and it feels inflationary, yet the CPI is depressed and prices are stable. What to make of this runaway market? Nothing at all. Just trade it and enjoy it. No need to second guess it or attempt to outsmart it.

Just because the trend is up, that doesn’t mean we’re about to head lower. Do you contrarians realize how fucking stupid you sound?

I’m still around 30-35% cash and I am of course careful in the sense that I am emotionally prepare for a drawdown. But I’m buying crazy fucking stocks, hoping for 1 more day up. Shit that is up 50% today on heavy volume. I am betting, like everyone else, for MOAR.

If this is it for Trump, truly the last year in office, we might as well profit as much we can — for LEAN YEARS are most likely ahead.

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14 comments

  1. biray

    Take this seriously unless you want you or your family to die. The scientific facts are out there, people ,,,,,,,,,,,,,,,,,,,,,,Please see ……www.lifestylesreview.com

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  2. bambam

    Take your scientific facts and your COVID fears and shove it!

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  3. peaches

    CPI isn’t real.

    There is only one rule to the new paradigm.

    BRRRRRRRR

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  4. og

    Is Tesla the new bitcoin? It’s probably the same people that are buying it.

    • 1
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  5. metalleg

    “If this is it for Trump, truly the last year in office, we might as well profit as much we can — for LEAN YEARS are most likely ahead.”

    What you talking ‘bout Flylis?

    Dementia Joe isn’t beating Trump. No way. No how.

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    • ha

      Perhaps creepy Uncle Joe will fall on his face and have to be replaced at the last minute with? I don’t know? Cuomo, Hillary, somebody.

      The debates would have been hilarious.

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  6. moosh

    Agree dementia joe isnt beating trump one on one. But what about all of the tiktokers and various other illegal people swaying votes with all of their nefarious means and methods that have no clue what’s going on but are following the idiotic herd of don’t think for yourself – trust everything the media says for your own good – mentality types this time around?

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    • metalleg

      Many of them are under 18 and Kanye will kneecap Biden. Biden won’t know what’s going on.

      • 1
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    • peaches

      you think illegal people do anything besides scrub toilets and/or dig holes then go home with a 6 pack of corona and watch telemundo where 99% of the content is about the best ways to avoid being captured by ICE?

      to think they have the time to be stupid enough to even care about elections in a country where donald trump is president

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  7. iod52505

    Take this seriously unless you want you or your family to die. The scientific facts are out there, people ,,,,,,,,,,,,,,,,,,,,,,Please see …COPY THIS LINK…..www.money87.com

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  8. charliehorse

    Bad idea to sell CRSP. It, along with EDIT and NTLA will go up at least another 10x when the market realizes how many diseases this technology will eradicate.

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  9. ha

    Behind the scenes there is pressure under the guise of Defund the Police.

    To be more accurate it is Defund the Police pensions and state, city and municipal pensions.
    Simply put – they cannot be paid. And they won’t be paid.
    Just looking for an excuse, yea defund the police, that’l do it.

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