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
23,477 Blog Posts

CONSOLIDATION CONTINUES

I got busy late afternoon doing a paper for ANTIFA FLY. Normally I do not enable him — but the subject was Ukraine so I figured it might be fun. I lost 32bps for the session, now essentially flat for April. My returns are on par with the NASDAQ — which is down 0.6% for April.

Whilst this may dismay some of you, it’s on par with a bullish trend of consolidating big gains and preparing for another leg higher.

I had gains for the session — but lost them during a temporary craze of attempting to buy UVIX. That product, along with all of the VIX, is dead.

At any rate, I am feeling quite good today and my mood is ebullient. I might go drink a bottle of red while the sun is still out — or perhaps venture off to the gym.

I am not concerned about making money, since it’s only a matter of time before the stars align with me once again — elevating me to even higher highs.

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3 comments

  1. flea

    Can’t wait to see the Prof’s response to ANTIFA FLY’s paper! Please share it.

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  2. flea

    … should be well worth the -32 bps!

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