iBankCoin

QE 2 Will Save the World

Do not be silly, small pleb. The market is not going lower, nor the shares of NFLX—ever. Thanks to QE2, the Taliban has surrendered and Osama Bin Laden killed himself, via rpg to the face. Fighting the BEARDED CLAM is simply too hard. The world, as we know it, has changed forever. Remember, stock prices are always attractive, no matter the price. FFIV, AKAM, CRM, AAPL, BIDU and friends will bring about a new renaissance, not seen since the go-go days of the late 90’s.

I know some of you were annoyed by some breaking news story, regarding JPM and fraud. Please, ignore all stories, as QE2 is about to commence. For the record, QE2 does not like when you sell securities.

As for me, I am plagued with a disruptive mental disorder. Therefore, I cannot and will not be held responsible for my own actions, which are many. Thus, I initiated a long position in FXY, with the hopes and prayers that the great country of Japan will capitulate and swim in its own feces. Aside from that, if you haven’t noticed, I’ve given up trading stocks. I’ve been waiting for some semblance of a retreat, much to chagrin of my daily account balances.

Oil spiked today, as well as small cap equities. Prepare for the continuation of “September Surge,” first thing tomorrow morning.

[youtube:http://www.youtube.com/watch?v=Cq-NShfefks&p=59E10A90561B4AE4&playnext=1&index=21 616 500]

Top picks: psychotropics

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82 comments

  1. TurdinthePunchBowl
    TurdinthePunchBowl

    TURD ANGRY TURD SMASH. TURD THUMP THURSDAY AND FRIDAY

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  2. TurdinthePunchBowl
    TurdinthePunchBowl

    TURD SHORT NFLX NOW. TURD NO CARE BOUT YOUR BUBBLE. TURD WANTS PAIN.

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  3. Milktrader

    Quod
    Erat
    2menstratum

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  4. ruggyup

    Sourcasm rules. Love it.

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    • gappingandyapping

      Who’s being sarcastic? This is true life homie. We are going straight the fuck up and there is no downside risk.

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  5. SmallFry

    What does Queen Elizabeth II have to do with stocks?

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  6. Bullish

    Dare I say it?
    September Surge has at least one more day!

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    • Bullish

      Hey douche bag – I’ve already been threatened to have my skull cracked… don’t poke the bear – that’s what my momma has always told me.

      If you want to poke him, do it with your under your own name you unoriginal bastard.

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  7. xxxHuggieBearxxx

    I wish every month could be september

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  8. flyaway18

    You have this tonight

    JPY- Japan Industrial Production, the main gauge of industrial activity measuring the output of factories, mines and utilities, and Retail Sales, an important gauge of consumer spending measuring sales at retail establishments, Wed., Sep. 29, 7:50 pm, ET.

    The Japanese manufacturing activity could remain strong, rising by 1.1% m/m in August from 0.3% m/m in July. The Japanese consumer spending could increase by 4.4% y/y, up from 3.9% y/y in the previous month.

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    • The_Real_Hmmm

      I read somewhere yesterday that the BOJ will use this info and make a decision to possibly intervene again tonight. There is no respite in the downward pressure on USD/JPY.

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  9. flyaway18

    JPY- Japan CPI- Consumer Price Index, the main measure of inflation preferred by the Bank of Japan, Thurs., Sep. 30, 7:30 pm, ET.

    Although inflationary pressures could pick up to -1.0% y/y from the previous reading of -1.1% y/y, as long as the inflation gauge stays below 0%, deflation will continue to pose a threat to the Japanese economy.

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  10. Nomercy

    buy buy buy !

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  11. panamaorange

    I don’t see why anyone is buying a parabolic spike in copper here. If just a small portion of all these abandoned real estate properties were stripped for copper, it would drop 20% in a week.
    If copper hits a ceiling up here, FXI XLB and EEM are in serious jeopardy.
    I think we will see ES 1090 again,before retesting April highs. SPY has become too dependent on Copper and Euro rallies. Both look dangerously parabolic.
    If we drop to 1090,then bounce,it would be a nightmare for the bears. This result would create a vivid “bullish ascending triangle” on daily charts

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  12. AI

    $100 tomato coming near you…… Gartman doesn’t think so QE II wont happen i guess you in his camp get with it son

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  13. DMG

    Psychotropicana

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  14. Frog

    Maybe the U.S. really could do without banks, like U said in your earlier post. The interest rate on savings in banks is not much better than the 0% that U get from putting your money in your mattress. And with the mattress U don’t have to worry about it going bankrupt & the FDIC running out of money to insure your deposit. U just sleep with a gun under the bed and that insures your mattress deposit.

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    • sportin

      A simple U.N. flight over your house with a cash magnetic strip reading detector to get a read on how many bills and what denominations will take care of that.

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  15. EasyMoney

    Tulipmania on sale at a store near you……BUY now!!

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  16. StocksRider

    Currency wars leading to world wars. History is repeating or maybe rhyming.

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    • sportin

      The revolutionary war and the civil war were both primarily currency wars. That is a very astute observation.

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  17. nb

    nice action in oil today

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  18. riverpod

    What a delightful little clam doji on the SPY today. The clam doji signals indecision about whether QE2 is good or bad.

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  19. sportin

    Trivia for the day. A couple glasses of pomegranate juice and walnuts both contain a very similar active natural chemical ingredient as that added to viagra.

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  20. Taco

    This massive market manipulation must continue to pacify the peons until socialism at the end of a gun (aka, communism) fills the gap. Then there will be no more market, because it won’t be necessary to manipulate the peons to do whatever you want them to do. You can force them, instead. Much more efficient.

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    • panamaorange

      Show me one source of communist military strength in the world.
      Am I supposed to fear Cuba’s rusty sailboats, or Venezuela’s “dogs with bees in their mouths” ?

      I heard Hugo Chavez’s army is pretty accurate with their lawn darts.

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      • sportin

        Sometimes a nation can battle what it considers wrong, but in the process transform itself into the very thing it considered wrong in the first place.

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      • Po Pimp

        You want to fuck with the People’s Liberation Army of China? I do not fear them invading the good old USofA, but if we try to take the fight to them; watch out.

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      • Taco

        “Show me one source of communist military strength in the world.”

        Ever read the Communist Manifesto? Read Carroll Quigley or Mike Badnarik sometime. You have much to learn.

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  21. StocksRider

    Add a bit of drama and tomorrow could to be a fucking awesome roller coaster day! – http://www.marketwatch.com/story/currency-bill-approved-in-house-of-representatives-2010-09-29-185590

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    • The_Last_Puma_Punkanite
      The_Last_Puma_Punkanite

      Not good

      NAFTA

      Chinese can simply supply Canadian distributors..repackage and ship out…don’t think it happens?

      Think again…a paper shuffle is all it takes..$55.00 brokerage fee off it goes.
      CDN bucks cheaper…SAVE 2 to 3% as well.

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      • IndiePad

        You are right. If an item at your local store has a Made In Canada prined on the package yet it’s at a cheaper price then the orther items on the shelf, it can’t be because canucktaniss used their brain and arm grease to bring a product at a competitive price. Anyway, all north american factories are closed. It’s gotta be because of some criminal distributor fraud scheming it’s way through nafta..

        Free market brings the worst in people. All criminals and shit.

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  22. mrkcbill

    Should of listened to CH.
    It feels like a panic to the upside. Teppers plan looks the best…Hugh H. way to logical markets hate that shit.
    Best September in 71 years
    Best September in 71 years
    Best September in 71 years
    Best September in 71 years
    Best September in 71 years
    Ok I’m drunk now.

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  23. Le Fly

    Anyone want to know what the market did, after the epic september of 1939?

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    • HuggieBear

      Yes, do tell….what did happen? Me charts only go back to 1960-something…

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    • Helicopter Ben-jammin aka Bearded Clamfucker
      Helicopter Ben-jammin aka Bearded Clamfucker

      it topped that September and proceeded to sell off for the next 2.5 years into the 1942 low…

      BUT they didn’t have the BEARDED CLAM and QE II to assure them of a never ending nirvana of vertical asset prices. WE DO so BUY BUY BUY and then BUY some more. BEARDED CLAM is handing out free cash to billionaire speculators like Tepper so we might as well get in on the liquiditypalooza!

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    • Quint

      What does 1939 have to do with 2010?

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  24. CoatTailClinger

    Me

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  25. venter

    Up here in Canada consumer confidence in the dumper, GDP shrunk last month, possible housing bubble, yada, yada, yada, TSX UP 100 points? Go figure.

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    • Helicopter Ben-jammin aka Bearded Clamfucker
      Helicopter Ben-jammin aka Bearded Clamfucker

      Fundamentals don’t mean shit. This is all about the BEARDED CLAM and his plan to rob from taxpaying public to line the pockets of billionaire speculators via QE II shock and awe

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      • Gordon Gekko

        The richest one percent of this country owns half our country’s wealth, five trillion dollars. One third of that comes from hard work, two thirds comes from inheritance, interest on interest accumulating to widows and idiot sons and what I do, stock and real estate speculation. It’s bulls–t. You got ninety percent of the American public out there with little or no net worth. I create nothing. I own. We make the rules, pal. The news, war, peace, famine, upheaval, the price per paper clip. We pick that rabbit out of the hat while everybody sits out there wondering how the hell we did it. Now you’re not naive enough to think we’re living in a democracy, are you buddy? It’s the free market. And you’re a part of it. You’ve got that killer instinct. Stick around pal, I’ve still got a lot to teach you.

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        • Taco

          That’s what revolutions are for. To correct imbalances within the capitalistic system. It’s either that or communism. Communism ends up with more dead. All socialism is created for the purpose of ending up with communism. Pick your poison.

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      • go2mars

        Canada. QE2 in Canada? Please connect the dots for me.

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  26. EasyMoney

    When the blood comes, it will be overnight.

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  27. Dr Fly

    PPT Subs:

    Using The PPT
    http://ppt.ibankcoin.com/?p=4073

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  28. Dirtydawg

    Time ti kiss goodbye the stockmkt. Is pullback time.
    Yeah, sent from my iPad

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