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
20,961 Blog Posts

Markets Perform Intra-Day Miracle — True Disaster Now Looms

This is what they wanted you to do, dive back into the pool thinking it was warm and pleasant. Then they will release the sharks onto you, as you cavort sipping on some pool water, enjoying yourself. I participated IN KIND, buying all I could — even going so far as to margin myself at 10% to buy MOAR.

I know it will backfire on me, but who cares?

A great man once said, “No balls, No babies.”

I closed down 300bps, 250bps OFF THE LOWS.

Indeud.

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5 comments

  1. edge

    “How I learned to stop worrying and love leverage”

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  2. Orson

    Perhaps, Jerome “The Phoenix” did some buying.

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  3. barbee

    I bought like a crazy person-I now have ZERO cash.
    Down 303bps on the day. But still up 2607bps for 2021.
    Hope all this buying pays off manana!

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  4. tradercaddy

    My BP was pretty good today (for old man guy who just had a retreatment root canal yesterday and is in mucho pain).
    My BP was 117/82 with heart rate of 68.
    I am assuming this BP is the same thing Fly keeps writing about in his daily money making ventures.
    He adds an “S” after his BP. Must be a typo by Fly.

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    • barbee

      Sorry to hear about your root canal….what I experienced in my account wasn’t mucho better. Re: PAIN! Hope you feel better soon and awesome BP readings BTW.

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