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
23,433 Blog Posts

The Turkey Gods Are Here

There is no way to know what sort of effect the Turkey Gods will have on equity prices. But they’re here and ready to kick the stuffing out unsuspecting speculators.

I’ve been gambling on the caprices of the Turkey Gods for over a thousand years and they’ve never disappointed, purely from a entertainment standpoint. By the end of the week, a large subset of investors will be reduced to ashes and tears.

I’ve managed to keep a 45% cash position intact, throughout this dreadful and calamitous decline. At the same time, I’ve been exercising my rights by using the Orbital Space Cannon (OSC) on the cavemen in the Gaza strip. As you know, they are without iron dome. My disposition is, as always, to outstrip everyone else.

My favorite plays for a reflex rally is silver, via EXK and semis via IPGP, NXPI and maybe some CRUS. I’ve been tempted to buy YELP, but the volume is too thin for me. Homebuilders bounced hard and should trend up with the market. But let’s keep it simple. Everything is down, so when we reverse, everything will go up. We will bathe in 80% upside days and hand out golden coins to poor disheveled boys in the sewers, asking them to “fetch me the newspaper, chap.”

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

24 comments

  1. buylo

    first

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. Obamas hit list

    Bin Ladin, Qadaffi, Steve jobs, breibert and twinkies.
    Who’s next?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. Bob

    Who’s next? That’s easy…Hamas is next.

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

    Turkey Gods came way late last year. This rally shall disappoint.

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

    I love the Thanksgiving, silver play. Sterling silver dinnerware and silver goblets filled with Booned Farms wine.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • The Eye-Talian-Stallion
      The Eye-Talian-Stallion

      Unless you are a politician living in the Whitehouse, then 24k gold is the standard. Believe it or not Queen Bush ordered $450,000 worth of dinnerware before she left, some kind of tradition she said. Remember, this was right after the economic collapse. I bet she doesn’t even think she did anything wrong.

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

      I might try that..
      wth?

      😉

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

    I remain bearish long term but bullish until after Christmas. How can you bet against the most gluttonous society on earth doing what they do best? Stuffing their fat faces and buying each other useless things in the name of conquest and religion. With consumer confidence the highest it’s been in years, expect retail to deliver a stellar quarter. Expect a tax saving mega-sell off after Christmas.

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

    Sen. John McCain suggested on Sunday that the White House should send former President Bill Clinton to spearhead peace talks between Israelis and Palestinians.

    Worth a try, for sure. Peace is a good thing.

    http://www.huffingtonpost.com/2012/11/18/john-mccain-bill-clinton-peace-middle-east_n_2155043.html?utm_hp_ref=politics

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. ultramarine

    Dr. Fly, thanks for the video on the Iron Dome.

    Hamas claims they have 12,000 rockets to use, minus those used already after they started this skrimish.

    Sad to say, but the IDF is going to have to raid Gaza and eliminate all those remaining rockets. They should do it now before anyone can stop them.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  9. bobbin4apples

    FAS Monday. buckle up.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. The Pirate

    I’m so sick of the ‘moral relativists’ who don’t know good versus evil on CNN, ABC, CBS, BBC etc. Israel is on the FRONT LINE fighting Hamas, Islamic Jihad, Al Qaeda, Fatah, Hizbullah etc while those clowns sit in their air conditioned studio and pass judgement about how Israel defends it’s population centers against bus bombings and rockets. The Muslim radicals have no respect for life, including that of their own citizens as they place their rocket launchers PURPOSELY inside areas near Mosques, schools and hospitals. They lie and exagerrate their losses, and often misfire their missles killing their own people – then they lie and blame Israel for it! We need to take a stand and defend their right to resist the radical Islamist murderers who seek to set back the world 1000 years to darkness. Make NO mistake, if Israel falls, we are NEXT.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  11. Mr. Partridge

    I am your Turkey God, Be hold! 😉

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

      gobble gobble mother $^&*(er!

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

      Speaking of Turkey Cocaine Gods:
      Anyone here remember the episode of Aqua Teen Hunger Force with Goblox: the great, great, great, great grandfather of the future leader of the turkey rebellion against the Master Chickens?

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

    DDD- Just lisyened to the conference call and I think management did a good job refuting the recent negative article from SA.
    Stock is currently up 5%.

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