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
23,417 Blog Posts

All Attempts to Break This Market Have Failed

Yesterday I was hoping the semis would CRACK lower, helping usher in the apocalypse and all would be lost in ruin. Instead, the $SMH is +2% and things are looking just fine. I took advantage of the fine southern weather down here nd took most of the day off — sipping on some sweet tea like a fat piece of shit.

I re-entered the arena bogged down 70bps, mostly due to $BITX knifing lower. So I doubled down at the bottom and traded a few other things and PRESTO, just like that, I stand before you +15bps.

It gets boring, gaming the stock market is easy — especially when the trends are accommodating. I keep waiting for discord and a malevolent tape — but she never comes.

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