iBankCoin
I turn dials and fiddle with knobs to hone in on harmonic rotations
Joined Oct 26, 2011
4,121 Blog Posts

A Few Adjustments as The Market Gets Smoked

While stocks are diligently working to syphon money away from my person, I am doing likewise to the futures market.  The game of cat and mouse going on around the world with Robert “Carmen Sandiego” Snowden playing catch me if you can with the US government is much like the run and gun jabs I’m taking.  How do you eat an elephant?  One bite at a time.

But for real, my equities are getting completely poleaxed in this environment.  All the dirty money I made trading momentum pumps is gone.  All redemption of coin depends on this market finding footing, which it started to do for a while, but they’re giving it up into the bell.

I sold RVBD for a loss and bought ENPH.  That’s all I’ve done.  ENPH did a pretty good job springing a bear trap on Friday, IMO.  Any upside velocity in the overall market could produce a squeeze here.

I’m still on #teamBTFD, now I need to get lucky and stop getting risk bombed on every swing.

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3 comments

  1. TheHarper

    I’m standing right next to you sporting a #TeamBTFD jersey, with a spear in my hand and shield with the Star of David in the other hand.

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  2. Eagle

    Too funny! I love that!

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