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
23,474 Blog Posts

I Am a Genius, Again

All it took was for the NASDAQ to sperg out +400 to the upside in unabated buying for yours truly to, once again, feel like a genius. Instead of being downtrodden and thinking about the worst, I’m now leisurely sitting in my parlour listening to classical music — pretending I could, in fact, conduct the symphony if I so chose to do so. I could, in fact, do almost anything.

Now with gains of +66bps for the session, I have increased my gains for the week to nearly +4%. To idly suggest that I am back is of course a grotesque understatement. I now view the lot of you, my competitors, as bowling pins and I am holding what looks like a giant bowling ball. HOWEVER, I am not holding a bowling ball — but a fucking cannon ball and I am going to fire it at you and tear you to pieces!

I jest — relax — I’d never shred you to pieces, otherwise who’d come to read my missives every day?

Here is the bottom line: stocks are higher and oil is busting loose. There is presently an end of month fervor by the permanent bull class of investor who is interested in deals. I suspect the buying may continue; but I am cautious at 50% cash.

With a little more good fortune and confidence, I will next perform great feats that will both shock and amaze.

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