iBankCoin
Recovering Large Cap Growth PM. How I invest my own money is nothing like how I had to play the insane benchmark game.
Joined May 7, 2014
165 Blog Posts

STOP THE PRESSES!

I just got a frenzied call from my secret weapon! He is a farmer in Belgium who is one of the best chart guys I know.  He just informed me that a potential set up of impending doom may elect tomorrow.  He told me to not sell my puts or cover my positions.  Unfortunately I did but I will pull a 180.  If we see what we need to see I will be going huge again into puts and in particular a certain sector put.  I will post if I get involved.  I can only say with a heavy heart that my Farmer friend thinks the real panic is about to begin.  If you are long anything I would suggest that you need to seriously reconsider.

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35 comments

  1. Thegametheorist

    Guidance on Strike expiry and ticker please. help me help

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  2. Quality Control Inferno
    Quality Control Inferno

    #tinfoilbear

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  3. BlueStar: Contrarian Investor
    BlueStar: Contrarian Investor

    thegametheorist,

    I will post the sector after it elects and I am full. Then I will gladly share. Since I am not an institution you will have ample time to join me.

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  4. BlueStar: Contrarian Investor
    BlueStar: Contrarian Investor

    QCI,

    dude I am anti tinfoil that’s why I wrote the rabbit hole blog.

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  5. Thegametheorist

    Talking puts or short the sector ETF or both?

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  6. ecchymosis

    Seriously (No McEnroe), your secret weapon is a farmer in Belgium??

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  7. Quality Control Inferno
    Quality Control Inferno

    Haha I know. That’s what people don’t get about you. You’re much more calculating than that.

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  8. BlueStar: Contrarian Investor
    BlueStar: Contrarian Investor

    ecchymosis,

    lol. he also works with and for a great trader on the side. he trades futures from his combine. great swing trader. he is seeing a rare set up. I trust him and know him well. he never trades options unless he thinks its a sure thing. he was salivating after looking at his charts tonight.

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  9. matt_bear

    Everyone seems to have “this guy they know” that’s a super extraordinary trader and are never wrong….except for the time you try to buy along with them. lol

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  10. Quality Control Inferno
    Quality Control Inferno

    Not to get all weird on you guys, but I have somewhat of a clairvoyant quality to my dreams. This sort of thing runs in my family history. My great great grandmother was a clairvoyant in the same vain as Edgar Cayce. I’ve only heard stories, but apparently she quite often told her kids what would happen to them the next the day, the next week or whatever.

    I dreamed about a plane flying into a building a week before 9/11. At the time I thought it was the strangest dream I ever had, but I didn’t know what it meant. I wasn’t aware I was looking at a plane flying into the WTC. I quite often have EXTENDED periods of deja vu that have lasted 5 or 10 minutes. I once had a conversation with someone and it was like I knew exactly what they were going to say before they said it.

    Anyway, to cut to the chase. I had a dream the Saturday before the pullback began that the stock market crashed 50% in mere minutes. Obviously this couldn’t happen with circuit breakers, but the point is the market was crashing unlike anything ever seen. Here’s exactly what happened in my dream: I woke up late from a good night’s sleep and realized the market had already been open for 45 minutes. I quickly grabbed my phone to log into mobile TWS on IB to check quotes. Suddenly my dream shifted to me seeing a brown colored globe of the Earth and running down the earth and around and around again was a fat red arrow. I checked my phone, the market was down 50% and I was not positioned for it.

    So last week on the first day of the decline what happens to me? I wake up 45 minutes after the market opens and we’re already down like 1.5%. I kneejerk buy the dip thinking they’ll never let it selloff during OPEX week. I make some coin that day up and down but end the day in cash. I didn’t think anything of my dream until this Monday after coming into the day flat. After Monday I knew thought maybe my dream had been fulfilled, but now I’m not so sure. Since elements of my dream have been fulfilled on multiple days maybe we are not done yet and we need to see the most epic stock market meltdown of all time. (from waking up late to being flat into one of the craziest opens in stock market history)

    Maybe I’m crazy, but I have had stuff like this happen to me before as I discussed above. This stock market dream was the second weirdest dream of my life. I woke up from it in a daze and unsure what had just happened in my dreams.

    Want to know what I dreamt about last Saturday? Crude oil at $60.

    So here’s what I’m thinking, a truly terrible terrorist attack or start of a war between nations could be in the cards very soon. This would exacerbate conditions in the stock market and cause a massive run up in crude oil. I don’t say any of this lightly and I pray that nothing bad happens geopolitically.

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  11. heckler

    I wanna know what the fat red arrow means?

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  12. Dr. Fly

    CATAMITE

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  13. juice

    3 blog posts in one day for the star in blue

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  14. Quality Control Inferno
    Quality Control Inferno

    And no I didn’t just predict some geopolitical event. Was just trying to think of how in the hell crude oil could be at $60.

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  15. Jon v

    This morning I took the largest deuce at 9:23. I kid you not

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  16. Lava Man

    You are a sense of humor kind of guy and I don’t know if you’re pulling my leg with the Belgian farmer tale but I feel this “the whole sell off is over after today” narrative is way too pat. Did anyone get really scared during the past week? I never thought so.

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  17. WhatAboutTheTwinkie
    WhatAboutTheTwinkie

    That’s a big twinkie

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  18. Quality Control Inferno
    Quality Control Inferno

    This post about 9/23 is pretty amazing. I’m pretty sure it’s just all coincidences. http://www.abovetopsecret.com/forum/thread1069632/pg1

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  19. Jon V

    You guys seriously need to get outside what with all of this 9/23 stuff.

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  20. juice

    “I can only say with a heavy heart that my Farmer friend thinks the real panic is about to begin.”

    – perhaps the panic that is about to begin is to the upside … or perhaps this overnight spurt will be a gift to the bears who were nimble enough to cover lower

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  21. CF4

    Are you still long YNDX?

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  22. jimmy_two_times

    Market cant even go down 10% (China down more) without panic or CB intervention.

    Economy is not growing, market is last policy tool available and they can not let it fail.

    they wil continue to push on this string until they can not,.

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  23. k_melancon

    I am thinking the semiconductor sector is showing the “squirrel sitting on a clown’s shoulder” formation
    http://dilbert.com/strip/2015-02-23
    If you haven’t seen this Dilbert series, you should….will make you spit coffee – you have been warned

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  24. Heckler

    Hey Bluestar is this a good time to get long Belgian farming?

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  25. Irish Oppression!
    Irish Oppression!

    http://m.dailykos.com/story/2013/12/27/1265498/-The-slaves-that-time-forgot
    The Irish were indentured servants in American colonies.

    Man, if Breitbart was alive, this would have been an epic trolling opportunity. The same way he flipped the “tea party is racist” MSNBC narrative on it’s head by alleging the NAACP was racist and using their tactics against them….
    He would have started “IrishLivesMatter” and discuss how American Irish have been oppressed.

    Would have been great comedy.

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  26. Quality Control Inferno
    Quality Control Inferno

    Awaiting word if the Belgian farmer came through. 🙂

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  27. BlueStar: Contrarian Investor
    BlueStar: Contrarian Investor

    QCI

    WE did not get to see what we wanted. I think we squeeze higher for a few days.

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  28. Quality Control Inferno
    Quality Control Inferno

    The high of the day on the DOW was 16,666.69. Tuesday they closed it at 15,666.44. #illuminati

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  29. pyromonoxide

    Trades futures from his combine!! That’s kind of bad ass.

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  30. helicopter ben

    There are just 923 hours til September 23!

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  31. BlueStar: Contrarian Investor
    BlueStar: Contrarian Investor

    the gamethorist,

    read next post

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  32. BlueStar: Contrarian Investor
    BlueStar: Contrarian Investor

    jon v,

    its a sign

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  33. BlueStar: Contrarian Investor
    BlueStar: Contrarian Investor

    jon v,

    thats the point 9/23 is nonsense

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  34. BlueStar: Contrarian Investor
    BlueStar: Contrarian Investor

    cf4,

    unfortunately a little yes.

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  35. BlueStar: Contrarian Investor
    BlueStar: Contrarian Investor

    pyromonoxide,

    he is a badass

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