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
23,417 Blog Posts

SIR — I REMAIN AT RECOURD HIGHS

There’s an old saying around these parts that applies “bet against The Fly and lose your house, wife and kids.” Those rules still apply, more than 15 years after starting this piece of shit website that hasn’t been updated since 2014. Nevertheless, my panache for trading is eternal and all wrongs righted once in front of a computer terminal.

Take today, as an example. I was inside Stocklabs Pelican Room talking shit, buying stocks — a real dip BUYOOR into what seemed like a bottomless pit. The lads inside there, trolls like Nothing and Index, laughed and derided me — as my losses doubled and my outlook became grim. But I held firm with the idea that I’d soon be vindicated and all of those shit-talkers would be castrated under my knife of vengeance by the close.

I stand before you with dicks in hand (pause) completely victorious — higher by 1.26% for the day with 53% cash. My algo driven account gained 5% and the new Quant was +33bps.

My outlook is for misery and pain. But in the short term, I’m looking for a bounce.

And yes, my account is at record motherfucking highs.

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5 comments

  1. duuude

    Indeud !

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    • 0 Deem this to be "Fake News"
  2. purdy

    I bought into JPM’s “uninvestable” sector via KC and KWEB today.

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    • 0 Deem this to be "Fake News"
  3. soupbone

    We are in deep to the point of denial. Watch and read the paid media, mega-bank, WH, everyone, bull shitting as far as the eye can see, trying to make like the game is still in play. Leverage has been introduced into near everything and that game is over. But they will only slowly admit, too busy talking and cooling their tongues in cold water.

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    • it is showtime
      it is showtime

      It is vast, severe extreme defect, in the 4th estate[news] and what is the equivalent of a cartel or cabal in the 3 branches protected power it is END fucking GAME

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  4. it is showtime
    it is showtime

    And, since we are Rome,
    “Credit markets continued to crack with HY Spreads at their widest since the COVID crisis”
    https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/2022-05-02_11-52-38.jpg

    As a GenXer Boston born with direct descendance tie to the Mayflower, America you FUCKing SUCK. Particularly the elders your elders the Bitchboomers fake wealth and peak greed through the 00s and 10s. Sold out all and any vestiges of discernment and prudence or prudent sacrifice and became the Fake Generation. Your stupid offspring will bear the wreckage of your credit crack debt system “all right” (meaning, “for sure”) I’ll be stomping on your Mcmansion title deeds as well as your life’s papertrail of legacy vacuum and then,visiting, your grave. FUCKS

    “10Y Real yield goes positive for the first time since Mar 2020, spiking up to 0.16% intraday”
    https://assets.zerohedge.com/s3fs-public/styles/inline_image_mobile/public/inline-images/2022-05-02_12-08-05.jpg

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