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

The Christmas Rally Starts Now

By the way, I really hate Santa Claus and the modern ideal of Christmas, corralling plebs into stores to consume for fucked for faces. I sometimes wish I were a religious man, just to spite others. The idea of the highest holy day in all of Christendom being reduced to a fat piece of shit busting into your house to leave shit for you kids is infuriating. Is Santa gonna bring pizza for kids next?

On the topic os SANTAN CLAWS rallies, I believe this is the do or die week. We either rally or KRAMPUS presides. The entire lifeblood of risk, if being honest, is in cryptos. That is where the excitement has been, with ETH sporting +430% YTD gains. As you know, I have been a buyer of ETH every month for the past two years. I will begin to liquidate that position in early 2022 and throughout.

On the matter of Bitcoin, +71% for the year, harangued by overhead resistance and really a giant piece of shit for several months. It is my belief BTC has matured to the point that big dicked returns is behind it, succumbing to the law of large numbers because so many people are already long. Nevertheless, this appears to an a nice spot for BTC to extend its dick and really give it to the shorts. It was flagged oversold inside Stocklabs yesterday, for our long dated algorithm. At this point in the development of our crypto tools, I am not entirely sure our market timing algos work with cryptos too. Human psychology is the same, so they should. For 2022, I am committed to extending our services deeper into cryptos and also options.

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4 comments

  1. Orson

    Fed, Fed, more rigging the please!

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  2. moosh

    There wasn’t enough fear registered amongst plebs with variant omicron, so let’s try our “nasa” tech with a gigantic historic winter twister out of the blue…feel free to chime in showtime.

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  3. Raul3

    christians are toast, hail the almighty google

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