iBankCoin
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
23,433 Blog Posts

Bearshitters Stroking Out

This is the type of tape that mushroom clouds any and all remnants of pessimism. All of the people short the market, as I type this, have sweaty palms and spare tires in their stomachs.

Granted, maybe if I wasn’t so cautious, I too could be throwing old fuckers into lit fireplaces, But we all make choices; some of them turn out to be good, others HORRIFIC. I harbor zero regrets.

Everything you know about economics and the markets are useless in an environment where everything is unprecedented. So ask yourself, pal, are you spinning your wheels or doing something productive?

Pardon my lack of bloggery these days. I am not trying to impersonate one or more of the lazy fuckers on iBC. I’ve been inundated with fucking bullshit; but that’s coming to an end—starting now.

Freebie: PPT just ticked above 3.00 again. Therefore, there is no way in hell I am allocating funds here.

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13 comments

  1. Cash Is King

    PPT is spot on dammm. Jpm just went negative.

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  2. Yogi & Boo Boo

    Time for me to lighten up.

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  3. henryfool

    Time to BUY END!

    http://ibankcoin.com/henry_fool/2010/03/02/buying-up-end/

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  4. xxxHuggieBearxxx
    xxxHuggieBearxxx

    HuggieBear is once again fully short. And once again glad it corresponds to a PPT overbought reading.

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  5. Dayman

    I haven’t shorted in months, but I too, myself, also took a short position here as well.

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  6. Dayman

    TLT bounced off the 50dma and has been grinding higher all day

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  7. TraderCaddy

    VXX time (for a trade) is near?

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  8. Dirk Diggler

    VHC is roasting shorts on a stick

    And leon’s getting LAAAARGER!

    http://www.youtube.com/watch?v=Yo_dnfOaEX0

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  9. TA

    The crowds of old men mulling around near elevator shafts is reaching epic levels.

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  10. Goldie

    I had a dream of Stampeding bulls running off a cliff and falling into a gigantic blender…

    Inverted hammer forming on the VIX today?

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  11. Mike Kachezhuge
    Mike Kachezhuge

    But Fly, IBD called a Follow Through Day yesterday & we are now in a “confirmed rally.” The market has to go up – I bought the top 10 stocks in the IBD 100 & I’m 200% in. You don’t think that was a good move?

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  12. Mike Kachezhuge
    Mike Kachezhuge

    hahahaha only kidding – AAPL & the SMH (SOXX) was the tell for non-ppt’ers

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