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
23,466 Blog Posts

We Are All Geniuses Again

It’s very hard to not make money when breadth is in excess of 70% and the $IWM is +2%. The best time to buy into a bull run is yesterday — but it’s also ok to get in now. It’s the apprehension, fear of topping out, that causes people to really miss out. You might think the rally is too much and that it cannot go any further. But you’re basing your decisions on your EQ — which may be extremely low. Some of the smartest people I know have low EQ, whilst some complete morons are perfectly in sync with market — possessing a “feeling” a “gut instinct” that correctly anticipates moves.

These are the grisly “wise” Wall Streeters who’ve been at it since the 80s. Ask them to identify Mongolia on a map and they couldn’t tell you.

When do we sell?

UNSURE. If I had all of the answers, I certainly wouldn’t be wasting my time with you. I’d be ravaging nations for their treasure and freedoms. I suspect we run into Xmas and then collapse into the New Year’s.

The fact of the matter is, the market is merely a game and doesn’t really represent the true nature of things now. We all know Pax Americana is collapsing. We can see it in plain view — the debt, demographic calamity, the social fabric of a once great nation debased by catamites.

Nevertheless, we ebb on, backs against the current, undermining all globalist plans whilst at the same time using their rigged system to increase our net worths.

I gained 102bps in trading, +335bps in longer term account — +63% ytd.

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