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
23,328 Blog Posts

Flopped Rally

I didn’t want to blog because I’m fixated on my $TNA position. I should’ve sold it numerous times this morning and now it’s near session lows and I’m thinking this rally is cooked. I might’ve misjudged the weakness of the bears for the small caps. It seems this divergence between large and small caps will last forever and that’s just the way it has to be, rather emblematic of our society.

The smalls get nothing, not even scraps. The smalls get jail and misery, whilst the elite chosen few expand and enjoy life to the fullest. Those who bet on the smalls join them in prison.

My losses have ranged from -10bps to -60bps for the session. Like I said earlier, I don’t think I’ll make it. But, maybe just maybe we can get one of those lunatic intra day 20 green candle in a row rallies? I’d like that.

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One comment

  1. koro45

    Look at ADSK and see what IWM/TNA is about to do…imo

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