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
23,426 Blog Posts

FUTURES OPEN SUBSTANTIALLY LOWER

Yes, all of the ghouls are out early this evening and it has nothing to do with the Emmys. We have our own drama unfolding, all to do with the full and absolute collapse of the western banking system, stemming from the cradle of civilization itself. It’s rather ironic isn’t it?

Futures are lower by 16 and the Twittersphere of economic scholars are rife with discussions of failed auctions, German elections, and American depression. Without a doubt, the market is due for a 2-3% pullback. However, this sort of futures action portends to something far, far more sinister.

Look for the market to be engulfed by electric clouds and acid rain, eroding anything in its path. If you are long, sort of like me, expect swift decapitation and do not fear, for it will be quick. The pain will not last long once the lightening bolt strikes your heart, as your anatomy disintegrates into a pile of black ash.

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55 comments

  1. Marc David

    PPT called the top… yet again.

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  2. xxxHuggieBearxxx

    Thank god i listened to the PPT and went nearly net neutral on friday.

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  3. Joe McCann

    Got massively short all last week with the icing on Friday. 5 days up with no pullback/meltdown? Yeah right.

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    • Colonel von Ryan

      Agreed. I don’t need a fuggin chart or a braniac technician to tell me it’s time to head for the hills with a pocket full of money…

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  4. Blind Read Ant

    $VIX! YAAAA BABY, BEBE YEAH, YEEE, YEEHAWW!

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  5. futures

    dICEY pERFECT sTORM

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  6. Niles

    TZA baby im going to be a millionaire, IBC CEO by Friday

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    • Yogi & Boo Boo

      Hubris inevitably leads to extreme and heartbreaking losses. Especially effective when it’s combined with “3X instruments of mass destruction” (TM).

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  7. tdstrike

    I’m prepared to take my decapitation like a man,
    no blindfold
    no cigarette
    no bitching
    Waiting for the original buttfuckers to default has been like waiting for the steamroller in “A Fish Called Wanda”.

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    • Yogi & Boo Boo

      Decapitation with a 1% downdraft? You’re not overly leveraged are you?

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  8. TraderCaddy

    I’m just glad I listened to Alf and bought Polish Zloty.

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  9. futures

    ZZZZZZZzzzzzzzzzzzzzzzz…..

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  10. Dr Funk

    Kudos to all the trading arteeests this week. I make trades but mainly stick to a thesis. Declining volume, declining A/D, some covering but no squeeze. Credit Agricole and PNB tanked near end of Friday trading.

    Luckily the market still knows the truth. The world bank bailout is baked in, the Bernanke twist is baked in, now where’s the growth. One of the papers arguing against the effectiveness of long-short bond twist, written by Bernanke.

    Long SDOW, EPV, TYP, SRS

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  11. dhere ave

    Blah, blah, blah.

    There will be some kind of compromise and short term, things look O.K.

    All the way down to S&P 666, there will be 20 and 30% pops.

    You can’t beat the math. World markets will trend lower. There is too much “hopium” built in to the system.

    In my perfect scenario, Ron Paul is elected president. He will extract our troops from all bases abroad or demand they are paid for by their host countries.

    In addition, he should bring labor leaders from China and other third word nations to team them up with our union leaders who will teach them how to unionize their labor force. These guys can then go back to organize their bretheren and bring us closer to wage parity.

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  12. Disillusioned

    Fly, what the hell is happening to you? Is Alf rubbing off? The Fly we know would laugh off a mere 16 pts in the futures with a Deniro-esque “You talkin to me?”

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  13. ruggyup

    I’m sorta ok with the decapitation if it’s done before the WNR cut and slash. Up your shorts.

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  14. razorsedge

    so america has a big lawn to mow, we buy a big riding mower, we send it to the house , they add head lights to this mower, because it adds jobs, but we never mow AT night, so we send it to the senate, they add that we sould hire a gardner to mow the lawn, and we’ll pay for it by not spending money for the gas we would pay for the lawn mower we just paid for,its all bullshit.

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    • ruggyup

      No, it’s all dogshit covering the under carriage and blades of your new mower. Tell your neighbors to leash their mutts and have them dump on their own yard. Phew!

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  15. razorsedge

    plus, ive been retired 4 7 yrs. and can see the writing on the wall, we dont need to fight bullish, ive already one.

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  16. razorsedge

    wood say won, but im number 1

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  17. razorsedge

    could say would, wood is what i got, i big one too, lol,,,

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  18. razorsedge

    BYD, how about BYDDF, thats the ticket, get yoru head out of ru ass

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  19. Whatever

    As if anyone here was egregiously long.
    Basically, nobody is long and the fly is a market maker doing what his urinal shadows tell him to.
    Wich is to sell you cocksuckers a book that needs to be liquidated a bit.
    Please.
    Nobody knows what will happen next.

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  20. razorsedge

    why would someone tell u the wrong thing while tryin to build a site?

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    • Whatever

      Is that a serious question?
      1.) To make money from liquidating a book.
      2.) To make money from subscriptions.
      3.) To make money from advertising.

      Other than that.
      You still have not answered my question.

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  21. Whatever

    Tell me ruggyup.
    What will happen next?
    Your book probably changes on a minute by minute basis.

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  22. razorsedge

    ur first problem is askin someone else what happens next, figure it out yourself, fuckass, quit relyin on someone else, find conviction, or be a follower the rest of your life. be the ball.

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  23. Whatever

    Hahaha.
    You beleive the fly even though you do not know his real name.

    You are the epitome of a sucker.

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  24. Hugh Hendry

    I’m doing gorilla lines of cocaine while dancing up a storm

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  25. TraderCaddy

    The Emmys?
    Is that still going on?
    The last time I watched that was when Marshal Dillon and Chester were doing Miss Kitty in a threesome on the tables at The Long Branch Saloon.

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  26. razorsedge

    am i ? or have i posted my positions?

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  27. razorsedge

    im up 30 for the yr, n u?

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  28. razorsedge

    this should not be a dick postin performance, just helpin others make money…fuck u and how smart u r, help others make the best of a bad situation.

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    • Whatever

      Whatever pussy.
      Obviously you have not made shit.

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      • razorsedge

        well today i made more than u made in ur life, id like to tell u how but id have to kill ya,this is what i do, u dont mean shit to me. i work for my family. and do well , ive been doing this my whole life, plus fuck u

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  29. razorsedge

    ok just go back in archives and look, what i posted, dont be a dick wad.

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    • Whatever

      Hahahahahaha.
      You are a fucking joke.

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      • razorsedge

        thanks but i live in paradise, where do u live. i dont have payments. i own everything i have. it was hard but, i did it. oh and fuck u

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  30. razorsedge

    and agin i tell u, it is not what i say but realty, if i post my acc, would it fell beter, or if i tell u i am, and u r not. same difference. i own everthing i have and if i choose to share i will but who r u? and if u r more than me than show it . i have all i need , i do not need to show to anyone my life. i have no will to lie to u, however u have proven nothing, why should i show my life to a dredge as u, for what pourpose but to put u down? i am not of that , i will not sink to ur level.

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  31. Whatever

    Fag.

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  32. razorsedge

    nice come back, tks

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  33. razorsedge

    however look at my post, dick head, i guess u can understand that, and u can see, how i roll , what r u 12?

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  34. zeroedge

    The fuckfaces over at zeroedge are speculating September 20th is Greek default day. Maybe this is why shit’s hitting teh fan

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