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
22,037 Blog Posts

HOLY SHIT THIS SUCKS

I blasted off in the morning for exactly 15 mins and then collapsed. All of my SAAS stocks went from +3% to down and my TZA position, well, I got lured out of it after the 10am bounce. I wanted to believe. I had ideas of something wonderful but alas now I’m in the dirt trying to claw myself out from a shallow grave, down 150bps.

This loss stings the most and now I find myself in a most retarded position, stuck in between convictions, hoping and praying for something wonderful but all I get is dirt.

We are being crucified for Christmas and the stars are aligned against us. If you’re hoping for a rally, that’s all it is. You’d be wise not to follow me now for I’m destined to twist and turn before I’m finally rewarded.

The best position is a light one and hedged. I’ll try to get there by days end.

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One comment

  1. metalleg

    I know a guy who said that even when he’s losing, he always wins….or something like that.

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