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 Santa Rally is Now

I don’t care to discuss gun control. Following the somber tragedy at Sandybrook, I’ve lost any semblance of hope that remained in the very depths of my psyche for this stupid, cocksucking country. If I said to you “it’s the meds that making people crazier today”, most would agree. But for what? No one will listen to what I am saying, nor you. The pharmaceutical industry will keep pushing these fucking drugs onto our children, for any reason at all, until parents WAKE THE FUCK UP and stop listening to these so called professionals.

I don’t mean to come off as a macabre by discussing my SWHC position and I won’t utter a word about it after this post. I feel it’s just bad taste. But we went back and did some research, correlating share price to these 2nd amendment moments– such as Aurora, Columbine, Virginia Tech etc, and without equivocation share prices rose. Seventy five percent of you believe we shouldn’t ban guns; but the topic will be talked about in Congress. This uncertainty will drive sales through the roof. It always does.

But that doesn’t mean we should do nothing as a society. If we’re not going to look into the dangers of psychotropics, at a minimum, households with mentally ill people in it should not be permitted to have firearms.

I’m bullish on stocks going into pagan Xmas, even though AAPL is enshrouded by bearshitters. I am going to take a very prosaic approach to this market and buy when there is blood at my feet and sell when it’s raining champagne corks. All of the noise surrounding the fiscal cliff and GDP, for the most part, is ceremonial. It won’t matter until it happens.

As of right now, the frivolities of America will be the dominant factor for trading this week. Do you really think people have taken an austere approach to their Kwanza shopping this year?

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24 comments

  1. acehood

    Pills=parenting. Blame the 1960s. Cause and effect.

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    • DaveyNC

      Mostly, blame the ’60’s and the Boomers. They didn’t call it the Me Generation for nothing.

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  2. jesco_t_cole

    I am in total agreement with you on the pill popping. I am a pediatrician and so many parents often pushed by their teachers want to fix a poorly disciplined child with pills. They don’t have ADHD or bipolar they have poor parents, who want the schools to raise their kids but have no power to discipline them. Then when that doesn’t work its magical pill time. Thing is they get mad at me when I say no we need parenting & behavior modification classes

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    • The Fly

      We need more pediatricians like you to tell parents these truths.

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    • KDog

      There are unfortunately not enough people like you out there. My wife used to be a teacher and I can’t count on my hands how many times we talked about the lack of parental involvement (this was one of the reasons she is no longer a teacher). The parents expect the teachers to parent their kids so they dont have too. There is a real problem with the people living in our country today.

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    • The Real Muppet

      Dr. Cole,
      Have you seen the research on ADHD and tonsillectomies. Very interesting.

      http://www.med.umich.edu/opm/newspage/2006/sleep.htm

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    • DrJ_MD

      Amen to that. People need to discipline their fucking kids instead of letting them run roughshod over everyone- parents, friends, teachers, principals- rather then rely on meds, or thinking it’s a phase and they’ll grow out of it. Hate to say it, but “Time out” for discipline doesn’t work nearly as well as spanking did. Kids grow up thinking their are no consequences to their bad behavior.

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  3. Steve Place

    “pagan Xmas” isn’t even a thing.

    X is the first letter in ???????, the name of christ.

    If you’re going to do it, do it right.

    Happy Saturnalia

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  4. mad_scientist

    Is there any evidence that the assailant was on meds??

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    • The Fly

      I’m assuming he was, based on available information.

      But there are so many cases of violence and psychotropics.

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      • mad_scientist

        There probably are a lot of cases of that, but I think the mass shootings are only sometimes related to mental illness. I could be wrong though. Haven’t checked the statistics.

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  5. TypeBTrading

    The pills work and should be used. A pediatrician does not know about psych meds. Psychiatrists specialize in 60 of the over 3600 prescribable meds. You can have all the opinions you want about drugs, it doesn’t change the fact that the meds works and save these kids lives, ESP. Those with ADHD. ADHD meds changes their lives for the better. I will agree that way too many kids with behavioral issues are given meds when in fact they should be in therapy. Less drugs, more community and therapeutic interventions.

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    • The Fly

      Type B

      The meds might work on some people. That’s not the issue. The issue is they are being grossly overprescribed.

      I could cite countless studies linking these drugs to violence, but why bother?

      Some of you will never think for yourselves. You go to the doctor and trust their opinions as if they were gospel. The truth is, most doctors are nothing more than walking scripts.

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      • KDog

        You are right on! The docters in many cases are not doing a proper diagnosis and just prescribe the drug. I have been there and have examples.

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    • TravelinLight

      “ADHD” doesn’t even exist. I guess it’s easy to claim success for pharmaceuticals when you’re using them to battle a fictitious “disease.”

      Not saying that these kids do not have behavior and psychological problems… but it is not a disease and there are no biological markers.

      It’s not just parenting either… nutrition (or lack thereof) plays a big role.

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      • KDog

        Parents need to make sure their kids are eating properly. Help them develop good habits. Parenting is a LOT of work as I’m sure most of you know. I definitely do with my six.

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      • TypeBTrading

        TravelinLight, you are correct, ADHD is not a disease, its a disorder, and although there are no biological markers (I believe you meant genetic), there certainly are neurological structures in the brain pointing to the deficit in executive functioning with people having a smaller than normal caudate nucleus.

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    • DaveyNC

      We did just fine without Ritalin and the like right up until Ritalin was discovered then it became a cure all.

      It should only be used, if at all, as a way to break the cycle of behavior long enough to socialize kids. Many of them aren’t properly socialized and that is the real problem. They lack manners, courtesy, consideration for others.

      A little societal pressure wouldn’t be a bad thing. Maybe a good churchin’, though I am not a religious sort.

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    • mad_scientist

      Why all this discussion about ADHD? What about clinical depression? Isn’t that much more closely connected to violence?

      And what about the meds that are prescribed for depression? What about the fact that most of them are no better than placebo? And yet they simultaneously carry all the risk of side effects and brain distortion?

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  6. Gappingandyapping

    As a person who has taken SSRIs in the past I can tell you they will fuck you up good and good luck getting off of them, withdrawls are a motherfucker.

    I also have more guns and have shot more than most all of you (minus Rhino) and its not the guns, its the people. You notice the trend that happens in these shootings. Every one of them has never or rarely shot guns, plays horribly violent video games, has not purchased the guns legally (aka the law kept them from buying them such as this case) and they have fucked up mental issues. The Columbine kids deadliest weapon was not guns, it was propane tanks. If those would have gone off you would have seen hundreds dead. Also take note, these shootings started happening around the time that cable news became big, the internet became commonplace and computer games became violent and every kid was glued to a screen all day. Late 1999 was the year, I remember it clearly.

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    • Gappingandyapping

      My point being that we need to examine the root cause, not the symptom or we will all be going back to charcoal grills soon and won’t be able to buy fertilizer for our lawns or gas for our cars.

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    • surplusdroids

      Gap, Don’t you think that hollywood and the video game industry are businesses?

      They produce the material they do because there is demand. The entertainment industry is a very calculated business like most others. If it was not it would not be in business very long.

      Violent games and violent movies are what people want.

      If not they would produce whatever else there was a market for and thus sold.

      When I worked in the industry, every decision was based around what the customer wanted and maximizing revenues with the product.

      For some reason this country has a large demand for violence in their entertainment.

      To me. the bigger issue is a lack of personal/parental accountability and critical thinking on behalf of parents.

      I just don’t think there is one broad based solution for the problem.

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