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

Believe Me Now

I have the sense of humor that keeps people on edge. No one really knows when I am joking or serious. The truth is, “The Fly” is in a constant state of comedic relief. The blog is great because it allows me to put the world inside of a fished tank–for my amusement. Sometimes I feed the tank garbage, just to see what happens. Other times I feed it the highest quality food money could buy, yet the fish don’t bite.

If you’re new to iBankCoin, welcome to my domain. Feel free to walk around the halls, but be mindful of others, especially the host. While walking around, do not be alarmed if the lights suddenly black out, or a pack of hungry wild pit bulls are let loose to roam.

Humor is everything. Without it, life is boring.

That being said, why is everyone so dramatic over the market decline? Do you really think I am waiting for a market crash?

PFFFFFFFFFFFF.

If your margin call came tomorrow, via magnanimous market decline, sure I’d buy it; but I’m not planning for it. I’ve been trading stocks since the early 90’s. The majority of you plebs were falling out of trees when I was planning my empire. Relax, especially when I call for market drops.

The market isn’t ever going down, at least in my lifetime. There will be brief periods of pause. But, ultimately, it’s a zero ledge world– meaning: we can’t drop.

Free money forever. The Federal Reserve shotgun will put grape into the faces of all who get in their way.

That being said, we’re still going down in May.

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15 comments

  1. Maximus

    what has happened since i’ve been in exile? where are these tabbed bloggers that i bludgeoned to death? where is that rhino head? who are these people?!?!

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    • The Fly

      Many things have occurred. There was blood, tears and apathy.

      The only constant on iBankCoin that is unending and bankable is Le Fly.

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      • Maximus

        ah yes…like the shinning city upon the hill….FOR ROME!

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    • ultramarine

      We are living now in interesting times, Maximus. As Lord Fly has called the temporary pause of the cocaine-fueled market orgies, many of us plebs sit in darkness behind our fortresses of cash, our doors marked with the fresh blood from the losing positions we had to abruptly sacrifice. The blood gives signal to the margin call of death to pass by our home and seek out the primary long positions of those households that are not so wise.

      And as we hear the wailing of foolish long investors this month, rumor has it that we will soon be graced by the dark angel himself in these tabbed halls.

      Perhaps you have heard of this dark angel: he goes by, the devil

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      • The Fly

        This is true. The Devil himself shall come to iBankCoin, only when blackness shrouds the site.

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  2. Sikander

    The bull cannot end till the Lord Clawhammer awakes from his celestial slumber and returns to Earth to reap his vengeance. So the prophesies tell us….

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  3. Vertigo

    Corn & wheat have bottomed.

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  4. voltrade

    excellent songs lately

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  5. pedro

    Myopically focused on the metals. Their cliff-diving isn’t random–it’s telling us that the Fed has failed in its quest to create inflation. A cocaine induced rally cannot continue when everyone realizes the high is wearing off and its back to deflationville. There’s only one toolshed deranged enough to argue that all this deflation is a net positive for future growth. I am vigorously collecting his timestamps.

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    • fake amish

      Fuck that timestamp douche. But be aware the boomers need hips and luxurious massages before they die. A total commodity collapse can happen. Why not? Pathetic third world shitholes do not matter. Never have. Although i like the pullback in commodities here. Someone has to shovel the shit and american ghettos do not do that anymore.

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  6. chivo

    “zero ledge” world, so the market can’t ever go down.

    I see what you did there

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  7. TheHarper

    Markets are designed to go up, if they were designed to go down we wouldnt have a market.

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