The most frustrating frustrations is to view the broader commercialized indices higher, while everything outside of those walled gardens are in fact lower. Breadth is an abysmal 29% and small caps are having their faces lit aflame. Yesterday we had oils to hide in. Today we do not have any of that — only loss on top of loss with the lure of profit in select stock cherry picked by the devil himself.
I stand before you RACKED with losses — down 100bps. It would be more severe, but I had 60% + in cash and made a few trades earlier to preserve my dignity. The day is of course young and many wondrous things can happen. But for now, it looks dreary and dreadful.
If you enjoy the content at iBankCoin, please follow us on Twitter
