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
23,463 Blog Posts

GET ON THE COCAINE CHUCK WAGON

I wanted to buy MAS and GLW on the dip this morning. But I held myself back because the positions were down less than 5%. Cash reserves must be used smartly, designed to buy real dips of 10% or more.

The market reversed from a 100 point deficit to flat. This bodes extremely well for a “rip your tits” off rally tomorrow, aboard the cocaine chuck wagon, traveling violently at frightening speeds, breaking the skeletal structures of bears in the way.

I warned you before and I am telling you again: we’re going to new all-time highs. As unbelievable as that might seem to you, so foreign, full of fantasy, it’s going to happen. Now you have as choice in front of you, presented with a wax seal, placed on your desk. Should you continue the feckless path of financial bleakness, TVIXing yourself into deep deficits? Or, will you join the party, hop onboard the cocaine chuck wagon, hosted by the eminent, God’s only son, Benjamin Bernanke– and bathe in the profits descended from the sky?

This is a rally fueled by counterfeit money. Does it make sense to bet against it?

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42 comments

  1. drummerboy

    fig

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  2. drummerboy

    lookin forward to a coupla 21/2″ T bones bubba

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  3. GoodAsGold

    What are your thoughts on WNR?
    Specifically, once we attack IRAN do you see this as a beneficiary?

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  4. Sir jack wads

    LNG. Now cheaper than water!

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    • ex cathedra

      Yeah but, it still has a cost to ship and LNG carriers are looking golden.

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    • Po Pimp

      NG and LNG are not the same thing. LNG is typically priced in some relationship to oil.

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  5. Jesus

    I never liked my brother Ben .. never told anyone about him … fucker is trying to steal my glory & take my rightful inheritance from Pops

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  6. Sir J.Wadds

    yes indeed little wad. So what have you learned? Blood in the street…universally despised..pundits calling for natty “going to zero”. Yes little wads… Time to gorge

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  7. Eric

    Stop posting videos of that correctional officer sell out. His rap sucks

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  8. Trading_Nymph

    Well Fly, The EU Power Fab is starting. Germany already told everyone to fuck off you aren’t getting anymore money, EFSF/ESM can come together but no more Money. So, Germany can be a pussy again and give in at the last minute so you can have your cocaine rally…but with Spain on Fire and French elections having Sarkozy behind in the polls, I bet we don’t get any of that sweet sugar that this market needs.

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  9. razorsedge

    nice rimm job!

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  10. Hack

    At the slightest whiff of shit in Dillon, South Carolina Bernanke will board FED 1 and drop bales of money down into various banks, keeping them solvent.

    Hell, my credit union just posted a 2.75% mortgage rate with 1 point on a 15 yr loan. Ben is worried.

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  11. Bobby Boucher

    Yes, sir. Tomorrow should be interesting. Thought fo sho the market was going down for the dirt nap today.

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  12. degenerate

    Yee Haw

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  13. razorsedge

    tomarrow is friday, so u know what that means!

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  14. fake amish

    got a pocket full of OC’s to mellow out the high.

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    • razorsedge

      is he gonna be ok uncle lar?

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    • Heaterman

      Saw that on another site. Truly horrifying. I wonder, if at the point of about 12 seconds into the vid, if the driver knew he and passengers had seconds to live. Leaves one speechless contemplating how suddenly any of our lives can be changed or lost.

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    • The Fly

      wow

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    • Mike

      Just said “Holy Fuck”…horrible..in the words of Pee Wee Herman – Large Marge – worst accident I ever saw

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  15. TeahouseOnTheTracks

    OEW Daily Recap:

    “The pullback, despite being larger than expected, found support within the OEW 1386 pivot range. This pivot has provided support for three pullbacks now, over three consecutive weeks.”

    “One of the three potential short term wave patterns was eliminated today. The ominous D wave of an Intermediate 5th wave diagonal triangle.”

    “The other two (a Minute wave ii low and an irregular Minor wave 2 underway) remain a probability and possibility respectively.”

    “Short term support remains at the 1386 and 1372 pivots, with overhead resistance now at SPX 1406, 1414 and then 1419. Short term momentum displays a positive divergence.”

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  16. dan

    kookoo on the fake car accident…if you believe that shite than may I sell you some pasture land in Nunavut….that would be in Canada…fucktards!

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  17. Dan

    The Fly is from da streets, wooord son, hip hop muzik till i die ya heard – The Fly

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