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
20,629 Blog Posts

TALK SHIT; GET HIT

In my previous mental health entry into this blog, “The Fly” was running hot — involuntarily punching people in the face as he sashayed throughout his office banking obscene amounts of coin — quite literally making money at will. Since then, markets stopped cooperating and momentum stalled out and dropped off the table. Aside from a few CHINESE FUCKING BURRITOS, nothing was worthwhile.

I ended up selling every god damned stock I had, sans my Quant, and am left with dick in hand and a 5% position in TZA.

How did I come to this? How did this happen?

Well, for one — this bitch of a market only pumped blood into tera cap high gamma squeezes, depriving all other segments of the market to rot in hell. Mega cap breadth was 85%, whilst smaller cap piece of shit just 45%. The net result was big dicked hedge fund managers bathing in splendor while the Robinhood fuckers shot out from a cannon and directly into a wall.

I fall in neither group and closed out the session +0.45% on my trading — because I am a King amongst plebs.┬áThe monthly directly quant closed higher by 0.65%.

Tomorrow I endeavor to split heads open and eat the brains of my enemies. Also, I think the market topped today, so there’s always that to chew on as you nervously chud around for the remainder of the day.

 

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7 comments

  1. alty

    Quant is negative YTD though right?

    Reminds me of the factory of the future. Where the dog is there just to keep the human from messing with the computers.

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    • Dr. Fly

      I stopped out of Quant at lows -20%. I then reentered last mo and shed a bit more. I have since regained all of recent losses and am up 3% since then — -17% overall.

      My Quant money was combined with my trading in March — + more than 300% for year.

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      • rigged game

        Co-mingling accounts can only lead to difficulty
        in evaluating your overall performance. Keep the
        quant out of this, please.

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  2. fxtradepro

    Roll call for all the IWM bears from 2 weeks ago!

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    • rigged game

      Present, sir! I don’t see what is so great about the current
      economy, unemployment (more like 17%), real corporate
      earnings (not based on a “2021 forward projected earnings”)
      businesses such as restaurants, cruises, movies in-person
      sales of goods, the coronavirus situation, to justify a stock
      market which I think is 20-30% overvalued.

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  3. roguewave

    China just deployed their digital yuan – DCEP
    completely centralized of course

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