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
23,474 Blog Posts

HOPING FOR A BOUNCE!

What a moron. I just sold out the rest of my TZA and have loaded up on longs, literally in the hopes of being rescued by some mystical majestic force that will make stocks stop going down and instead enjoy respite from the hours of 2pm-4pm.

This of course is not likely to occur and I will instead RACK myself with more losses. I have negated yesterday’s gains and am now working on increasing my losses as the marker churns out and burns participants.

There is cable snapped elevator drops in many tech stocks, the smaller the worst. Because of this, ingeniously, I have stepped in here for a possible upside move in SAAS. Software stocks once revered as holy and infallible are now the bane of the market and subject to violent downside action on just about any time scale.

There is a BIGLY COVID breakout in NYC — “the worst ever” and we are going to shut down soon — so get ready for that pin action — fucked face.

Why is this happening?

It’s winter you stupid shits. The flu is worse without the sun small plebs. Go take some vitamin D.

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2 comments

  1. og

    Bulls got rugged today. Wow…

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  2. Mr. Cain Thaler

    I’d like to give a shoutout to my boy Jeremy Powell, whose feckless FOMC speech managed to blow the opening announcement he’s going to tighten so badly that commodities somehow skyrocketed on the news.

    Nice work. Real rate hikes start in March.

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