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
22,556 Blog Posts

I WANT TO BELIEVE

Everyone is having fun but me. I chose to be a bastard bear, always with the hedges — missing out on all the fun. It seems, and this is just my FOMO speaking, everything about this market is perfect. Oil and gas are moderate, materials soaring, stocks soaring, and rates are going down.

The CPI numbers loom and it’s clear to me there will be no pivot, not now not ever. Nevertheless, we want to believe. I want to believe in American appled pie, a period in time when the trannies are gone and we have nothing but baseball and cracker jacks. It also seems I have golden aged thinking caused by FOMO. Ergo, I have a very bullish position heading into tomorrow.

I made just 32bps today, mostly because I am a GIGANTIC FAGGOT who likes to miss out on rallies. Nevertheless, I will get my act together and start trading great again, as I always do and customary of a man in my position and stature.

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7 comments

  1. zusch

    no baseball, no cracker jacks

    ONLY WORK

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  2. alaric

    You can believe what ever you want

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  3. helen

    Since u admitted that youre a gtigantic fagot, Ill tell u what to do tomorrow.
    CPI will come in at 6.1. market will rally huge. Short it. Buy nit back up by 2pm

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  4. john galt

    Between purdy calling out the bear balls and reading that last paragraph spoken nick cage…. makes me chuckle

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  5. dontpanic26

    Pull your head out of your ass.

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  6. rigged game

    Admit it, Fly: You only hedge to make it easier to defend your wrong predictions.

    When I gave my long term all-in buy advice on Nov. 13, I didn’t hedge.

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  7. iflyjetzzz

    I haven’t been by here in quite a while. I went to the sidelines for this bear market, disengaged from the markets, and now have started to think about weighing back in. From what I’m reading, the Fly decided that he’d trade the bear and has been broken by it. Anyone can make money during a bull market.
    Bears are a different story. It sounds like the Fly got his ass kicked in this bear; like almost everyone who decided to stay in the markets.

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