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
21,399 Blog Posts

Too Scared (smart) to Bet the Ranch

I quickly changed my mind about “betting the ranch” after some quiet thinking last night. I sold all but one position, increasing cash to 95%, made several trades and am up 0.85% for the session.

Every single thing I say is fully disclosed in real time inside Stocklabs.

Bottom line: this isn’t the beginning of an onerous decline. It’s just a weak patch after healthy gains. I’ll buy back, maybe even by the close.

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2 comments

  1. emersonlakepalmer

    Helen has a stinky axe wound

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  2. Mr. Cain Thaler

    The South shall never rise again. But King Cotton is back.

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