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
23,474 Blog Posts

Enjoy the Rotation

I’ve seen this shit many times before and I doubt this time will be different. The rotation will continue until many of you are dead. Fuckers running around buying SPACs and other stocks of low value — PREPARE TO GET BTFO as the rotation infects your equities like a locust eating corn. The rotation will eat your portfolios, then you, and your marriage, kids, cars, house etc. All gone.

I managed to LOSE MONEY today, off by 120bps. I had a feeling this might happen and I am quite dejected by it. However, I did gain 9.2% for the week and I stand before you with YTD gains in the magnitude of +170%. I am quite competitive and know of others with greater gains. Those people I hate and wish them nothing but drawdowns. Nothing too severe, but enough to humble them back into their fag boxes where they might feel a deep sense of somber doom.

Plans for the weekend include tennis and more tennis. My wife has taken liberties to plan a vacation for each month for the remainder of 2021 — because nothing says “hard times” like being dickful with one’s money.

I closed out the day 90% long, a far cry from the austere message of “I WILL ONLY EXPOSE MYSELF BY 30%” earlier. I was such an asshole back then.

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9 comments

  1. it is showtime

    They want the “33” on Dow

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  2. heckler

    No matter what old man stonks you buy fly I will have you know I already own them so you are in fact already loosing, (sic) even should it appear you are winning momentarily

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    • moosh

      $BB is where its at. Since fly is off micro dosing shrooms and whipping peeps ass on the courts. Nft’s. How to trade theta?

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  3. heckler

    I don’t have access to theta on KuCoin but I am currently harvesting profits (tendies) on ENJ CHZ and MANA (hat tip fly for giving out a name once per year)

    Honestly I like NFTs compared to other shit like fucking workers over with ass dildos or infiltrating my house w capalist surveillance systems so I am bullish rn

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  4. reversion

    Sir Fly

    What is your target on $mana? Thank you for the tip a few days back. Appreciate your work.

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