In my second day as a value investor I read up on the Napoleonic Wars, the 7 Years’ War aka the real First World War, and briefly glanced at my portfolios taking on minor damage. I made one faux pas, a trade in a CHINESE SHIT STOCK, that cost me 8% from my basis within seconds of purchasing it.
The market looks disgusting to me, filled with growth stocks trading at absurd valuations. According to my Austrian Economics handbook, the stock market is 90% overvalued.
Meanwhile, we enter mid November and the Turkey Gods beckon. I am indeed betwixt an austere and deplorable existence as a trader and this can only be cured by a gigantic resolution to the downside. We need some “consolidation”, if I might be so bold.
For those interested in celebrating iBankCoin’s 13th birthday, visit our merch store and purchase collectors items sold at deep discounts before I raise prices by 10,000%.Twitter