iBankCoin
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

A Tactfully Intact Distinguished Gentleman of a Market

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This market reminds me of a Distinguished Gentleman (naturally, of The PPT) who, over the past week, found himself at a disgusting party full of low-rent people behaving like uncivilized neanderthals. These slobs sold stocks off hard and drank Natty Ice beers, smoking schwag hashish out of poorly rolled joints, all the while girls with muffin tops and misplaced, heinous tattoos shouted at the top of their lungs that the S&P 500 was immediately going to “Flash Crash,” and that everything all of a sudden “feels really flashy to me.” As in, “OMG, this stock was going straight up for weeks in a row, and now it has been going down a few days–OMG IT FEELS SO FLASHY TO ME. FLASH CRASH FLASH CRASH FLASH CRASH FLASH CRASH FLASH CRASH!!!!!!!!!!!!!!!!!!!”

Indeed, all while this happened, our Distinguished Gentleman (obviously, of The PPT, naturally, of course) thumbed his nose at these simpletons, calmly reminding everyone on his daily video recaps that no real technical damage had been sustained in the broad market. It would be only if we saw that, that our Distinguished Gentleman would consider partying with such miserable persons (emotional traders/bears/simpletons).

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13 comments

  1. Driven

    This made me laugh. Thanks for the calm vibes in your recaps this week.

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  2. Berniecornfeld
    Berniecornfeld

    LOL INDEEUUUUD Chess! great guidance as always

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  3. Earl

    Too funny!

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  4. My3Sons

    Great post as always Chess. Muffin tops…Lol!

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  5. The Big Ragu

    http://tinyurl.com/3w6fg2w

    Others see the neckline broken.
    I’m so confused!

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  6. The Fly

    nice verbiage

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