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
23,443 Blog Posts

My Punishment is to Sit

The market turned on a dime again and all of my stocks are green. I’ve decided, as a matter of principle and clarity, to get my G Bush on and stay the course.

I will never dip below 90% invested again, for as long as I live. The world can blow up inside of a black hole — and yet I’d still buy stocks from my moon base.

I hope all of you shorts get your faces eaten off by
bath salted zombies. I feel a certain energy entering my life force again– something that has been absent for months.

I am back to my pirated lifestyle, black flagging on you fucking homos. Check this out: I am going to make money whether I like it or not–blogging this shit from the absurdity of my iPhone.

I’m staying long during good times, even longer during times of arch fiend duress.

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27 comments

  1. metalleg

    Cannot make sense of this shit. When they want the Dow to drop 1,000 points, it will. Right now, it’s not part of their plan.

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  2. DipChit

    Sounds smart (not)

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  3. Hotlady

    You should get your head examined. Bipolar behavior is a clear in your writings.

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  4. hater

    Why would people who look at Romney as a “vulture capitalist” not want him to win?

    He legally uses whatever means necessary to get his business administration rich and those around it, and the closer you are to it the better… Do we not want that attitude for the US?? In fact, isn’t that exactly what we want? You here people say “fix it, I don’t care how, just fix the economy” yet when it comes to voting suddenly Romney being exactly that type of guy who can use whatever legal loopholes available to aid nation in prospering, suddenly that’s a bad thing? How stupid are we?! Ultimately when it comes down to it we are self interested individuals. If you were starving and there was one bag of rice remaining and there was someone from another country reaching for it trying to feed his kids and you were doing the same, and your life depended on you being ruthless, would you not? If you had a choice between winning the lottery and letting someone else have your winning ticket, would you not want to win it? c’mon! Now there’s a president that will do anything and everything necessary with a history of doing that very thing, who will make the decisions necessary to choose “us” over “China” or “Europe” or anything else and suddenly that’s the key attacking point for the opponents like it’s a bad thing?! LMAO WHAT!?!

    “But oh, he’s going to like, not take enough of the rich’s money” LOL, oh, ok… let me get this straight. You are concerned about him not taking from the rich in this country, which you expect to employ you?
    So that the government can have it, which won’t go to you initially anyways, but instead to the government to subsequently have the excuse to spend more and allocate more towards spending during budget time which ultimately will fund the international primary dealers (who benefit from selling the U.S debt) and create larger interest payments in the future which we then will increasingly export to… the rich in other countries???
    To sum it up… you are saying… So he like won’t steal from the rich in the US… to give to the rich overseas… so… that’s a bad thing? Are you serious?

    “Oh, but he like… can’t relate to me, he doesn’t know me as a unique individual!”…
    what, are you expecting him to be your guidance counselor or the president? Would you not take a check from someone if they said I’m a billionaire here’s a million to a charity of your choice and here’s a million for you and your family? Do you listen to yourself talk, or just say something because you think it “sounds good” since you “heard it before”? Are you voting for what will help this country or “what makes you feel good” like it’s some kind of American idol contest?

    I get it, if you think Obama is going to keep gas prices high like he has during the continued great recession, benefit big oil, and cause your stocks to go up because you have 4 years worth of evidence that he will continue to do such why you think he’s a good candidate and perhaps better than someone who will create success stories by extracting maximum value out of the country and other countries, ultimately producing more for less creating more prosperity and taking all the dollars out of the other countries in the process… Even if there are a few “bag holders” in the world like the guy in China making your shoe for cents per hour while you are willing to pay $50 to continue to fund the very exploitation you say is so wrong while you continue to enjoy the fruits of that labor anyways. But at least be honest with yourselves and get your story straight so you don’t sound like a lunatic and make every other country listening to this crap around the world thinking that is representative of the average American.

    Lol, “oh no, romney is going to do what he did at Bain and make the US rich instead of leaving that wealth for China and stuff!!!”
    LOL c’mon

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    • sspiff

      God forbid, we vote for a person who has had success in the private sector.

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      • metalleg

        They both suck. Obama has had 4 years to prove it. Let’s give the other douche the same courtesy.

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    • FXTRADEX6

      The game isn’t about money or “being rich”, it’s about real tangible resources. You can have all the money in the world, but if there’s no resources to acquire there’s no point at all to any of it. Money is just the distraction.

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    • Frog

      The guy made himself & his buddies rich at the expense of the U.S. taxpayers. We bailed him out. Cost us 10 million dollars. You are delusional to think that he cares about the country as a whole. Just his rich corrupt friends will continue to make money, at the expense of everyone else, if he’s elected.

      http://www.rollingstone.com/politics/news/the-federal-bailout-that-saved-mitt-romney-20120829

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      • DMG

        Ha ha – I figured you were talking about O’bama and Solyndra but that was a lot more than 10 million.

        Give it up Dpeezy.

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  5. Dirk Diggler

    “You here people say “fix it”

    Stopped reading. What the fuck are you talking about? Try it in 3 sentences or less without making me quote invisible people’s opinions.

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  6. Donkey Arbitrageur
    Donkey Arbitrageur

    QUESTION!!!

    Do you not think Bernanke & co see the dreaded triple top over the past 20 years forming?

    Of course they do!

    The plan is to blow past 1600 in order to remove all doubt that the triple top will cause a plunge back to 800 and lose 4 years of money printing debauchery.

    It will be quick and painless. 1600 by end of year.

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  7. sspiff

    End of Days! Spike high and reversal low. SPX only up .5 % soon it will rocket lower by .01%. Ragnarok nears.

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  8. z

    yeah, fuck them dumbasses selling into strength…

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  9. Mhfgarwood

    Sound advice you fucking idiot

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  10. Sur Platonic Plateau Du Tecnocrats, B.R.A., D.J.D. upon Rookness.

    Time for Terra Incognito to “blow up inside of a black hole — and [to] buy stocks from my moon base.”

    Or, as for me, time to get in the Craggy Bunker on my Island Wynnsor – located somewhere between… oh… you know the story.

    $VXX bebe, time to motorboat like it’s Junior High School – for the 1st time all ova’ again (sic)!

    Yeah, bebe, yeeeaah!

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  11. Mhfgarwood

    We all come here bc you are funny. Now you just sound stupid. At least have some entertainment value

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  12. 4fl3x

    Anyone know why Master Fly was knocking Stan “The Man” Weinstein today? Did Stan make any comments today? I can’t find any news.

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    • TraderCaddy

      I didn’t even know he was still alive.
      I read and studied his book (Secrets for Profiting In Bull and Bear Markets- looking at it now on my shelf) about 25 years ago.
      I actually met the real Stan “The Man” Musial (I won’t say when – a long time ago) and got his autograph.
      The autograph got lost with my baseball cards- I think my Mom threw them out when we moved.

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      • 4fl3x

        Yeah, he’s still around. He’s been on the Financial Sense Podcast a few times over the past year.

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  13. dave

    Bernanke says he isn’t monetising the debt. What a fucking liar.

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