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
23,431 Blog Posts

Monday’s Trading Strategy

[youtube:http://www.youtube.com/watch?v=af0dSZXGK9Q 603 500] If you enjoy the content at iBankCoin, please follow us on Twitter

36 comments

  1. redman59

    Nice, there are no friends in this game.

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  2. gravestonedoji

    I can only hope we Incinerate anyone seeking a Wall St. Bailout. Totally Incinerate. And don’t think I’m kidding. You want my money? My kids future? Fuck You. Die. I didn’t serve 8 yrs in the US military to hand it over to you fucks. I’d rather watch you all burn like matchsticks. Got game?

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  3. gravestonedoji

    And that’s right, I’m looking at you Romney and 0bama. You fucking turds.

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  4. gravestonedoji

    And my father didn’t serve in WW II , with 2 silver stars in the 10th Mt. Infantry in Italy to let this bullshit happen you scumbags. I’ll organize a hate crew that’ll fuck you pansies into the dirt. Don’t think its not possible.

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  5. bagholder

    Three weeks from now, I will be harvesting my crops. Imagine where you will be and it will be so. Along the line, stay with me. If you find yourself alone, riding in green fields with the sun on your face, do not be troubled for you are in Allysium and you are already dead. What we do in life echoes in eternity.

    Strength and Honor, Fly

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  6. fake amish

    for some strange reason this does have an endtimes feel. would not know it by the price action. something is desperately wrong. the fuckers need to print now and with full retard purpose. can almost feel the wheels coming off the train. crazy times.

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  7. Metalleg

    They want it to have an end of times feel in order to create a chaotic situation and justify QE3. That’s why I think they will do nothing until blood is flowing and make it seem like an emergency, blamed on the Europeans of course. At this point, the election is irrelevant. It’s all about preserving those at the top of the food chain and kicking the can down the road. I think they are giving the metals a chance to climb and reducing their short positions in order to make room to short again when the QE announcement hits. They will not want to let metals go vertical so they are preparing to slam it down to keep it in check.

    This is my opinion only and I’m sticking to it until I’m proven wrong or someone can provide a clearer explanation of what is transpiring.

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    • fake amish

      faith or confidence or whatever one wants to call it is not ever to be fucked with. “they” are playing a very dangerous game right now. despite the numbers on the screen the faith is fading.

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  8. Trading_Nymph

    Fly, Off topic..True Blood is coming back this month…finally.

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  9. dvk1970

    Too bad that Europe’s politicians are men with the backbone’s of snails. They don’t know how to lead or build…

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    • Yogi and Boo Boo
      Yogi and Boo Boo

      I think that pretty much sums it up. The bailouts so far have been to bailout the euro banks who over invested in the periphery. Until the politicians admit this and undertake policies to spur growth, the problems will continue to fester.

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  10. prospectus

    It’s the elections that pushed it off the rails. I think they had it in hand until that monkey wrench. Maybe after all this the irony will be that we will wish we had more corrupt establishment types and fewer flaming idealists in positions of power.

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  11. JTU

    This should help, no?
    European Union Said to Prepare Start of ESM for July 9
    http://www.bloomberg.com/news/2012-06-01/eu-said-to-prepare-start-of-permanent-bailout-fund-for-july-9.html

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    • riggedgame

      Why should ANY banks be bailed out? Let those monies go to the PUBLIC
      in high unemployment countries, via infrastructure projects and small business GRANTS in exchange for jobs.

      Not one fuckin’ penny to go to the banksters for interest OR principal.

      Those stupid central and private bankers did the lending to risky countries. Let them eat shit after they wipe their ass with bad paper, and let them collapse.

      And that means YOU, Germany, etc.

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      • Blind Read Ant

        Instead of griping the pointed finger at Germany, how about the real discussion, which is wealth confiscation from “the west” to the poor nations.

        Now that’s unfair!

        Singling out Germany just shows the mid-to-lower tier pyramid understanding you hold.

        rigged. More school for you.

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        • riggedgame

          You got it ass backwards, boy! It is the banksters in the wealthy countries that are sucking the life blood out of the average citizens of the less wealthy countries, like Ireland and Spain, thru “austerity” and usurious interest rates so that the Scum Bankers can get the multimillion welfare checks they TAKE, while not making a single useful contribution to society.

          The same thing happens in the USA where sky-high interest rates and bank fees keep those criminal banksters- THOUSANDS of them – in Lexuses and third yachts.

          Hang those fuckin’ banksters in the town squares.

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          • Cascadian

            Banks perform many useful functions. We got off track when Glass-Steagall was repealed in 1999, which allowed banks to speculate.

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          • Trading_Nymph

            JTU, The EFSF has been the tool they have been using, but that is just temp in theory, remember all the talk about a month ago of merging the EFSF into a perm ESM plan…it could happen in July if Germany passes everything it needs..until then its EFSF money. Yawn..nothing much imho, Just a change of Letters for their “Firewall”.

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          • Blind Read Ant
            Blind Read Ant

            ahem, while I can take a push and a shove, thanks for not trash talking like some of the Nazi-trolls who devalue Ibc.

            -Rigged, I don’t disagree with your points on equitable “change.”

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  12. Blind Read Ant

    Ibc Homework:

    In what may be a first, M. LeFly has delegated to B.R.A. the duty to assign weekend homework to the community.

    Once you begin your studies, it must be diligent! Once commenced, please continue to finish all 50 states.

    While assigning a top 3 Medalist on paper is acceptable, a ranking left here on Ibc is also permitted:

    http://www.hollywoodtuna.com/?p=72310

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    • the boost

      sir,
      they all would look great dangling from my arm

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  13. LRz

    There is the way things should have been.

    There is the way things are.

    Decisions made in life 10-20 years ago, arrive at critical mass in the blink of an eye. Dealing with the reality at that point, and what should have happened before, are many times two different things.

    1913.

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  14. Quint

    Everyone will work on their great strategies for Monday over the weekend. Then they will look at futures Sunday night and change their minds.

    Like futures indicate anything in this market.

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  15. Full Retard

    Quo retardare plenus (Going full retard) into Monday.

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  16. DJMarcus

    Bounce on Monday. Screw ppt ob/os. % rated large cap buys has been just as accurate. whenever its THIS low we bounce, and usually hard.

    at this rate of game of thrones show production, there wont be any new episodes to make in 2 years. martin writes like a snail

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    • The Fly

      Wishful thinking of course.

      SPY is OS, just not Overall.

      We get flush on Monday, you will get your OS.

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  17. Woodshedder at the pool

    Wtf? A normal 10% correction and the board turns into pussies? Man up and get ready to buy the blood, just like always!

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  18. Eithan

    Fly, judging by this episode just a moment b4 she killed her son her dad came and poof they won so if u were too early with your calls and now u said we r in armageddon mode maybe next week you’ll get the victory u talked about during the last 2 weeks?

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  19. Honest Abe

    PPT hasn’t worked in this market for years…just sayin.

    The computers control it…PPT was based on human intervention which is long gone.

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