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
23,445 Blog Posts

BUY ALL DIPS

The more bullish I get the more I feeeeeel I can jinx the rally. I don’t believe in luck or curses, really. Although I do believe people can indicate sentiment shifts via their emotional state, causing some to almost always time the market wrong. This is the whole point of Stocklabs mean reversion overbought oversold algorithms. We measure your pink levels and produce data that proves betting against you is profitable. The irony, for you at least, is you too have access to my algos and simply choose not to believe them.

Early going I had to reshuffle my stocks for things working better today and I’m up 30bps. The market is quick moving so anything can happen.

The one cardinal rule all traders must adhere to these days is to buy all morning dips, no matter what.

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