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
23,445 Blog Posts

HERE IS WHAT WILL HAPPEN NEXT!

Poof! Your bullshit prophecies are gone.

-Merlin

If you enjoy the content at iBankCoin, please follow us on Twitter

56 comments

  1. rhino

    Can I get a reply to my DM when you get a chance?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. Marc David

    Me 2

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. The Fly

    Get a room (sorry, couldn’t help myself)

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. Dishobgyn

    Admit it fly, you are tempted to jump in YELP at these levels.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. rhino

    Again please, important.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. Patrick

    My lawyer likes VHC

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. redman59

    Will be watching feverishly. Thanks for the accompanying industry outlook. This post is even better as it will be erased.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • The Fly

      I’ve decided to erase the entirety of this post, as it is too dangerous to leave any traces behind.

      Enjoy it while you can. This post expires at 5:59am

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  8. Marc David

    Re: Lance Armstrong
    Our agencies can’t and won’t prosecute a single banker who lead this country to a repeat of 1929 but they can for years get that “cheating” cyclist. One thing is for sure. Lance should have been employed by any big bank or Goldman while winning. He’d be safe.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • redman59

      Good point Marc, collateral damage on such a different level…and I’ll just keep it at that as I try to keep away from banks, policies, & politics.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • fake amish

        That is a long list to ignore. Opinions fucking matter. Without them we are all monkees trying not to eat our own shit.

        • 0
        • 0
        • 0 Deem this to be "Fake News"
        • redman59

          Yeah kind of is but I don’t ignore them I just find them as things to not debate as people are really stuck on their opinions in those categories and will not change. So it ends up being a continuation of debate that ends with both parties leaving with their same thoughts and really getting no where.

          I agree opinions do matter, I just choose to pick my battles on some categories and mostly keep opinions to myself or voice at minimum on those categories.

          Also people debating back and forth on message boards are not going to change the minds of the fat cats as whatever happens will happen.

          • 0
          • 0
          • 0 Deem this to be "Fake News"
    • speedius

      Agreud. I issued an important statement on this matter on twitter: https://twitter.com/speedius/status/238852217585684480

      • 0
      • 0
      • 0 Deem this to be "Fake News"
    • fake amish

      Steroids are how athletes in the modern era(post 1900) win. Jim Thorpe probably had a hypo full of speed and horse hormones pumping thru veins. Doping is sports. That is what make them great. The game.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
    • Obummer gonna win
      Obummer gonna win

      The man is a cheater. Just because he beat cancer doesn’t make him above the rules. He won over and over again because he cheated.

      The thing is that almost all winners cheat. That’s the only way you can win anymore.

      Regardless though. He’s a liar and a cheat, and I have no respect for him.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  9. moolahheaven

    I will be forced to vote for Romney regardless, because there is no doubt in my mind that if Obama is re-elected, he will try to divide up and destroy Israel. He will continue to support his Muslim Brotherhood buddies in Egypt (like those in Egypt as well as the other Muslim nazi’s he supports). He will bankrupt the USA with overspending, institute a welfare state and penalize anyopne who dares to dream of free enterprise. He will shred the constitution and force law enforcement NOT to enforce the law. It is simply TOO high a price to pay JUST for the ‘hope’ of a bit more of the heroin-needle QE3 fix. Please don’t sell out our country for a handful of rice (no KungFu).

    Fellow traders, please drink responsibly, trade responsibly and vote responsibly.

    This has been a Public Service Announcement from the ‘Peoples Tribune’ Moolahheaven. Thank you.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • republicat

      Bernanke and Romney signed a secret deal:

      No QE3 and if Romney wins Bernanke has his choice of any post in new administration, anything from Treasury to Ambassador to Israel.

      It’s called the Quantitative Surprise.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  10. TeahouseOnTheTracks

    Materials?

    As in all metals, energy, chemical and synthetic or just base & pm’s?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  11. TeahouseOnTheTracks

    OEW Daily Recap:

    >> The market opened slightly lower today, then broke though the SPX 1407/10 area we have been monitoring. This decline now looks like Minor wave 3 of Intermediate wave iii completed at the new bull market high of SPX 1427, about 6 points below our OEW 1440 pivot range target. The pullback, Minor wave 4, has hit SPX 1401 for a 26 point decline thus far. <> The pullbacks during this uptrend have been fairly steep: 54, 50, 51 and 37 points. Since the initial pullbacks appear to be of a base building nature, the last pullback would fit better for Minor wave 4. This suggests support in the SPX 1390?s. Since Minute wave i topped at SPX 1392 and Minute iv bottomed at 1396 this may indicate the support range. Minor 3 was nearly 100 SPX points, a 38.2% retracement would put it right into that SPX 1392/1396 range as well. Should this area fail to hold support, and the SPX drops below 1375, then the alternate DOW count becomes most probable. <> Short term support is now at SPX 1402/03 and the 1386 pivot range, with resistance now at 1413/15 and 1422/27. Short term momentum is creating a positive divergence. The short term OEW charts turned negative again right after the open, and the swing point is now at SPX 1409. <<

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • Po Pimp

      SPX 1427, about 6 points below our OEW 1440 pivot range target.

      That guy needs to buy a new calculator.

      1440-1427 = 13
      13 != 6
      QED

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • Bobby Boucher

        He uses a range of +/-7 around the pivot point to define the pivot range. 1427 is indeed 6 points away from the bottom of the pivot range (1440 minus 7).

        • 0
        • 0
        • 0 Deem this to be "Fake News"
        • Po Pimp

          So call for resistance and support in ~5 pt intervals in both directions and give it a +/-7 range on top of that? Man, this guy is genoius.

          • 0
          • 0
          • 0 Deem this to be "Fake News"
          • TeahouseOnTheTracks

            this guy is accurate …. he may have just called the bottom for this pullback … if we break 1409 then minor wave5 to new highs is back on the table.

            • 0
            • 0
            • 0 Deem this to be "Fake News"
          • TeahouseOnTheTracks

            but go ahead, place your junk on the chopping block and short the market … we’re gonna love your nuts (no homo).

            • 0
            • 0
            • 0 Deem this to be "Fake News"
          • TeahouseOnTheTracks

            obviously you’re no “genius” … Ha!

            • 0
            • 0
            • 0 Deem this to be "Fake News"
          • flyaway18

            Thanks Tea!

            • 0
            • 0
            • 0 Deem this to be "Fake News"
          • Po Pimp

            I didn’t say the market was going to go up or down. And if you read his shit carefully you will see that he is doing the same.

            PP’s Analysis for Monday:

            Potential resistance at the following levels:

            1412, 1413, 1414, 1415, 1416, 1417, 1418, 1419, 1420

            Possible support at the following:

            1410, 1409, 1408, 1407, 1406, 1405, 1404, 1403, 1402

            Don’t forget the +/- 50 point spread that comes into play if the above are breached.

            That will be $100 for this week’s update. Good trading to all.

            • 0
            • 0
            • 0 Deem this to be "Fake News"
  12. Cascadian

    What’s the big news that must be erased? VHC is hot? or Yelp in a couple of wweeks?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  13. dvk1970

    A Spanish bail out is coming up

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  14. Trading_Nymph

    Global Growth, rofl…that was a good one, ouch.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  15. Juice

    the druid prince Myrddin (The Laughing One) alias Merlin

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  16. Mhfgarwood

    On time

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  17. Mhfgarwood

    I guess that was eastern time

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  18. Messy Givermore

    QE3 is now all but guaranteed.
    Romney Reiterates He Would Replace Bernanke

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  19. Po Pimp

    On this Lance Armstrong bullshit, is anyone surprised? I guess in a sport where EVERY mother fucker in the last umpteen years has been caught cheating we’re supposed to believe the only clean bastard is the one that dominated the sport for a decade?

    I’m more surprised he got away with it for this long.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  20. Dishobgyn

    Help me with yelp

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  21. noodle

    Spam bots are flooding The BN

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  22. Stan and Gregg

    Well we took a chance and bought some CLF yesterday.
    Today we are sucking dick!
    Even when we lose we win!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  23. Frog

    Fly, only 2 people or so read your post in the middle of the night. An insomniacs only post.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  24. 'merica

    The market is only going higher:

    http://www.youtube.com/watch?v=zS7HgBU_jPI

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • Stands Erect (Native Indian Name)
      Stands Erect (Native Indian Name)

      After careful examination of this video, the only thing going higher for sure was my WNR!

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  25. Cascadian

    The William Blair report on VHC makes for exciting reading.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  26. tradingnymph

    So Iran disappoints and can’t get its shit together to make One stupid deal with IAEA at their meeting today. Israel, just go bomb them.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  27. Lawrence Bird

    Post deleted? Goddam east-coast bias.

    • 0
    • 0
    • 0 Deem this to be "Fake News"