So far my previous post is the bottom, frightened man blogging from an anonymous location — afraid to step up with steeled balls and buy the dips. We have gone straight up since then, all the while I remained in the comforts of cash, having traded just once in FNGU for a small 0.6% gain.
The ideas in my head are all bad and why should they be? We have already driven off the cliff and the car is already submerged in the lake with all participants TRAPPED in their seatbelts. Will the authorities comes out to rescue us (The Fed) and if not — why not? The authorities have always responded to market participants driving off a cliff and into a lake with a rescue team, mostly encouraging words from the shore, cajoling us to get the fuck out of the car and swim to safety.
Into the final hour, I fear that my fear will dissipate and I will once again be headlong into the fires.If you enjoy the content at iBankCoin, please follow us on Twitter