It’s going to knock the wind out of your sails and crash your boat into the rocks. Most of you aren’t built for discomfort — grotesquely accustomed to SHIT-POSITING on Twitter funny images and cavorting with morons for the purposes of laughter. Those smiles will soon be turned upside down — as Mother Markets punches you square in the jaw with her iron fists.
We’re living in an era of extreme entitlement. Even during a complete economic lockdown — you fucking faggots enjoyed the grandeur of a bull market. These circumstances cannot last forever and I have never seen a more deserving group of people earn a market calamity.
It will be grim and force you out of stocks — cash calls and margin liquidations will be the new norm.
I cannot wait.
In the interim, I booked gains this morning in JMIA (+4.7%), BLNK (7.2%), and SRNE (+7.4%). I am 70% cash, 15% short — eagerly awaiting collapse.If you enjoy the content at iBankCoin, please follow us on Twitter