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
22,427 Blog Posts

RISK ON / RISK OFF

It should be noted oil is getting hammered into the fucking 70s today and the House of Saud just issued this “Fuck Joe Biden” note.

SAUDI ENERGY MINISTER ABDULAZIZ: THE CURRENT CUT OF 2 MILLION BPD WILL BE MAINTAINED UNTIL THE END OF 2023; IF ADDITIONAL MEASURES ARE REQUIRED TO BALANCE SUPPLY AND DEMAND, WE WILL BE READY TO INTERVENE – STATE NEWS AGENCY.

 

Today is a classic old man stock day. Everyone else is RACKED with losses, but me. I was fully long and with leverage, but up 15bps — thanks to secular names on the move higher as everything¬†else tumbled to pieces.

This is why you hire LICENSED PROFESSIONALS and not leave your hard earned money to fate. Whilst the lot of you and everyone else does grandly during the bull markets, you all get your fucking brains blown out in the bear. But not me. I challenge you to peer into my methods and find serious fault.

My children are en route from Boston for the holidays and we’ve been busy at House Fly for their arrival. Mrs. Fly is a compulsive cleaner, so when company is coming, especially the people she loves most, cleaning is on hyper-drive.

As for markets, let me take a close look. I just opened up my laptop for the first time, just now.

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