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
23,448 Blog Posts

Bulls Succeed in Avoiding Collapse

What a wonderful showing for the bulls — down just 26 NASDAQS, flat in $SPY and gains in the $IWM. At the open it really did look like centaurs were about to bust loose on Wall, ushering in the 4 horsemen of the apocalypse. But it all worked out for the transgendered longs.

I closed down 70bps, heavily leaning short via $FNGD. I traded best I could from my phone whilst moving my son into college. I have been checked out all week and lost about 1%, extending my losing streak to 3 weeks.

I have to be honest. I’m glad to see myself finally losing some coin after all of the wins. It’s good to know what the other side feels like. I also know many people follow me and as such have been clobbered down too. Frankly, you’ll need to bear through it — but I do hope you give up and cancel Stocklabs anyways. Many of you are needy bitches with retarded brains and stupid faces. At the first sign of discord, you panic and collapse, as is customary with all losers.

Eventually, “The Fly” will reign supreme, towering at recourd highs pissing from atop a mountain down into the servants homes below. This process you are witnessing, me losing and all, is the human process and an important reminder that even the very best can fail.

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2 comments

  1. 2 wheels

    Selloff resumes on Monday?

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  2. purdy

    “..you are needy bitches with retarded brains and stupid faces.”
    Found: Bud Light’s new marketing chief

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