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
21,907 Blog Posts

RESPITE

Markets have eased up on destroying the investor class today, sending the Dow up nearly 400 and NASDAQ sea-worthy. I have been very careful about re-entering, but have done so via lunatic 3x upside ETF machine guns, reserving 58% cash for the eventuality of  my destruction.

I am not at ease and feel as if a shoe will drop at any moment. I swapped out my old man stocks in favor of time bombs and do not feeeeeeel good about it. I want to curl up in a ball and hide somewhere, come back when it’s safe and when people are doing pink coke again.

Alas, the energy stocks are again surging off the backs and dicks of Natty up nearly 7%. It is laughable to chase here. I can clearly see the guillotine in the foreground, setting up to chop off the heads of late-comers. I shall not, at least not here and now, enter the energy trade now into the head chopping to come.

In other news, a Facebook snitch is before Congress today asking the pedophiles in Government to regulate Facebook. Fuck off  — psyop.

If you enjoy the content at iBankCoin, please follow us on Twitter

3 comments

  1. Mr. Cain Thaler

    Stocks are holding up pretty good here, considering the carnage in treasuries and commodities. I’m not convinced it will last bit I was expecting a fade by now.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. tha pirate

    Why have ‘they’ (the leftist-globalist-media-elite) decide to do such an obvious psyop on $FB? I thought they were buddies? Anyone have some hypothesis?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. emersonlakepalmer
    emersonlakepalmer

    I’d hate to have you in the foxhole with me. Too wishy washy.

    • 0
    • 0
    • 0 Deem this to be "Fake News"