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
23,417 Blog Posts

BEWARE OF MAY, JUNE and AUGUST!

Since 2009, the market has been on auto-pilot up, with exception to 3 months. You guessed it Einstein: May, June and August.

Like clockwork, some sort of mystical crisis with wrath the markets, sending all of the retards, and the King’s men, into a tizzy–swallowing capital gains whole. We’re still in March, so there isn’t an immediate risk. But May is coming– and soon enough you’re all gonna regret not listening to my warnings.

Yes, I have the stats available that could scare you into a catatonic state. But I’m busy right now, so this midnight spook will have to do.

As the market tops out, I expect to hear many of you cheer orgasmically, as your penny stock securities fly to new highs. You will make youtube videos of yourself buying Bentleys and hire personal assistants to iron your socks.

All in one big swoop, your entire brokerage account will go to zero. Consider it a stroke of darwinism and I will be there is purchase your margin call.

Sleep tight pikers.

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17 comments

  1. samiam

    But these are great markets for day traders. Not so much for fund managers and buy and hold types.

    Have to day trade 50K shares and up at a time. Fuck fundamentals just trade price.

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  2. samiam

    BTW today is the 18th anniversary of Eric Wright aka Eazy E’s passing.

    Pour out a little liquor homiez.

    RIP

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  3. The_Real_Hmmm

    I heard some guys down at the DMV were launching a fund. I’m going to get in on that shit ASAP. That place is the pulse of finance. I’m going to wait by the orange parking cones at the road test and if anyone knocks one shred of rubber or reflector, I’m hiring them on the fucking spot for a trading position! You gotta push the limits when you’re a trader and those cone knockers are people who really go after life. I’ll take the test administrators as my risk officers and anyone who flat out bombs the written test should be a shoe-in for a research analyst spot. Who reads traffic lights anyone, we read candles and they’re always green. I’ll take the photo guys for portfolio managers and when they are getting ready to allocate money I’ll immediately take all of the money out of their account and then they’ll look at me with a scowl I’ll say sorry and put the money back in their account and as they go to put money to work I’ll take it right back out of their account before they’re ready. And then they’ll be really visibly pissed off with me and so I’ll ask if they’re ready, they will reply “yes” and then I’ll put the money into their account and real quick take it right back out and then let out a machine gun of quiet hahas under my breath. Their faces will look ridiculous.

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  4. flyShit

    Fly! I’m going to Burn You, then roll u up and smoke u with some Chronic Shit. Don’t be back peddling outta VHC, you know you liked that POS….

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  5. Trading_Nymph

    Sell in May and go away dogma it appears by so many fund managers…this house of cards has to end at some point.

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  6. Vic

    May was a horrible month in ’10, ’11 and ’12, but June and Aug were only bad months in ’10, ’11. June and Aug ’12 bucked the trend

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  7. xxxHuggieBearxxx
    xxxHuggieBearxxx

    I welcome back the cancerous growth that is Europe to our headlines. Feels like home.

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  8. JB

    The blessing of the Lord brings wealth, without painful toil for it. – Proverbs 10:22

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