I cannot blame anyone, novice or pro, to be utterly wrecked with confusion, after witnessing today’s tape. Typically, after a “key reversal” like today’s (from down big to up), I’d say we will rip higher tomorrow. However, seeing how volatile the market is, I cannot say for sure what will happen next.
All I know, for sure, is that [[BSC]] is rife with negative rumors and the dollar is a joke.
If forced to bet, I’d say my shorts will cause me more grief tomorrow, but rebound nicely next week.
The bet is simple: the economy is in rapid decline. Therefore, on every spike, sell short and take the wind out of the bulls. Unfortunately, today, Mother Market punched me in the face, with brass knuckles and all—via [[SMN]].
Finally, there will be some new/interesting changes to iBankCoin soon. I would reveal these changes, but if I did, I’d be forced to track all of you down and punch a jelly donut into your face.
Top pick: Short [[MOS]]Comments »