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

What’s Next for Markets?

I don’t know. How about that, pal? You want to know the future, peer into events that haven’t occurred? I know a place for you to loiter inside Coney Island with people who can tell you such things. After that, you might want to read up on aliens and flat earth theories.

If there is one reliable metric for life it is to expect the unexpected. Once per annum we’ll get a panic of pseudo-panic and the VIX will spike, accompanied by me or Zerohedge collapse tweets. The world will officially end and all will be lost. And then the riggers will rig and we’ll be back — just like now.

How long this can last is also up for speculation. It might last until I am dead or maybe longer or perhaps much sooner. The point I am making is, fucked face, stop thinking you know everything and start treating the tape like you would any other sport, or perhaps how you might acquire wealth or love in rea life.

React in real time and make smart decisions, taking into account risk elements that your distorted mind conjures up.

Take me as an example: the sky is always falling, will always be falling, and I am almost always bearish. However, I was also a STAR ATHLETE as a boy and know that to be right is to be in the now. I can’t hit a fast ball from last week, or one in the future. I need to look at what’s coming now. And for now, it appears that, unfortunately, stocks are going higher. But that doesn’t mean I can’t hedge or take short selling gambits in the hopes something will go awry. I do these things under the auspices of proper risk management and correct myself in real time to protect myself from myself. There are layers of crazy here.

More later.

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