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
23,460 Blog Posts

THE SANTA CLAUS RALLY BEGINS NOW

Buckle up: it’s gonna be a bumpy ride.

The PPT wins again.

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58 comments

  1. Maracka Flacka Flame
    Maracka Flacka Flame

    housing is ripping tits upside

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  2. budh

    Wimmen like manboobs.

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  3. steel_man

    Housing? you mean Solar

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  4. TheHarper

    A Thousand Year Reich!

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  5. LL

    That Rick Ross is tits picture makes me wanna hurl. Long $DRYs $BALT $TRLA $SD $BYD

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  6. matt_bear

    the ignition in the BALT ignition just won’t fire.

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  7. godsdog

    the future is this: HLF = $100 in 2013

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  8. matt_bear

    William Leonard Roberts the 2nd

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  9. garyw1

    man boobs, get a manseirre dude!

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  10. the Pirate

    Just 2 random points here; Why do they have to play that stupid dramatic music every time Santelli comes on CNBC? Also why Is J Harwood such a suckass for the administration? (ok, back to my soapbox)

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    • TheHarper

      Rick Santelli is the scum of the earth. He sashay’s around Chicago with the ghost of Ronald Reagan, while screaming profanities at the elderly and committing acts of an abominable nature. I am surprised he is still taken seriously, as we is wrong on everything.

      ..I didnt even mention Larry Kudlow.

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      • budh

        Santelli presents a valid point of view. If you only listen to what you already agree with you can’t learn anything new.

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        • TheHarper

          hmmm, valid for the extremely wealthy, however, if you are a victim of Reagonomics, which is 99.5% of the country, you would not call his views “valid”
          I listen to other ideas, its just that the amount of research and knowledge I have about these topics has put me into a particular side. That is all. If someone presents better arguments, or facts change, then I am always open to change.

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          • Tommy Says

            Harper you mad bruhhhh?, although Santelli is not one for manners or gentlemanly conduct and a pundit, EMPIRICAL evidence proves your implied point of view wrong.

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          • TheHarper

            I stopped getting mad at the plebs long ago. I know that “empirical evidence” you are referring to. It comes from the American Enterprise Institute, Heritage Foundation, and John Birch Society …real trustworthy gents over at those places.

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          • budh

            Your stats are incorrect. Which does not fit your narrative. It’s not all a right wing conspiracy.

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      • Sgt Hartman

        Too bad your Daddy never spanked you, your manners are atrocious..

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        • TheHarper

          Sgt Hartman, the fictional representation of all that is wrong with the American military. And you have the audacity to speak to me about “manners”
          I’m here to make money, not be scorned by those who think wisdom equates to age. Good day to you, sir.

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          • Sgt. Slaughter

            10-4….time for your spanking boy, this is how we do it rahnd hurr in da military!….over and out

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  11. the Pirate

    -1 other thing, what is that ‘depeche mode esque’ song the play every day at 3pm?

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  12. Mitchell Ragsdale

    Nice call!

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  13. budh

    CNBC’s bumper music is entirely too loud. I have to hit the [mute] button when it comes on.

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  14. ecchymosis

    Why are people still watching CNBC?

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  15. Trading_Nymph

    Dear Santa, Please Bring Me a Massive Sell Off…Thank You.

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    • Schwartz

      i have noticed you have been wrong about everything you post on here for at least the last 9 months or so, honestly you have got to be broke by now….literally everything u say is wrong

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      • Trading_Nymph

        Much Longer then 9 months, I saw a bubble form in 2009 and have been following it to it’s conclusion.

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        • TheHarper

          When do u throw in the towel and say you’re just wrong and move on?

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        • Schwartz

          i know you have been wrong for more than 9 months, believe me….you are doing this whole ‘experiment’ of watching a bubble form and pop and blah blah….guess what, that juuust happened, the pop came in 08/09……so what you really are doing is watching a 5 year, once (maybe twice) in a generation raging-fucking-indices doubling-bull-market-rally pass you by while you sound off like an idiot on message boards and take notes on your ‘experiment’…lol

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      • BathSaltTrader

        Nymph clearly doesn’t come here for actionable trade advice. She just loves the schadenfreude

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    • ecchymosis

      You’ll like this -from sjrock on the Crystal Ball Forum. As noted in my prior posts re the NASDAQ, we have a Golden Ratio relationship between the ’02-’07 and ’09-’13 moves in nominal price and using the log chart, the NASDAQ also exhibits a very nice phi-sect at the recent high.

      That recent high was 4069.70.

      I was stunned to discover that the number of calendar days from and including the October 10, 2002 low to and including the November 29, 2013 top is 4069!

      In other words, the NASDAQ has rallied to a price of 4069.70 in 4069 calendar days from the 2002 low! Price and time are SQUARE!!

      Combined with the other observations, it sure looks like late November 2013 is going to turn out to be very important for the NASDAQ. Of course time will tell…..

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      • Trading_Nymph

        4181 is the closest Fibonacci number near that..The only Major Fibo on the SPX was 1755ish, nothing even close to resistance. So market has to go to SPX 2200ish or give it all up. Without QE fuel I can’t see it going to that level.

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    • budh

      Nice nymph. You pray for economic destruction.

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  16. Mitchell Ragsdale

    Praise to Budda

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  17. TheBigSpooky

    imho the reason why BALT is not moving is because its already incorporated quite a bit of optimism for the TCE rates. At current rates an optimistic run rate is $75mil/year in revs (up from 30mil mind you) and a bottom line of around 50-60cents. Slap a 10 multiple on that and you are basically where we are. Things look better on a cashflow basis, but its no blue-light special. So if you think the stock is going to double or something there has to be a meteoric rise in TCE’s and thats a low probability bet. just my .02

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  18. Controller

    Where’s Merlin?

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  19. matt_bear

    seth, you out there? you top ticked, AND told me when to sell at almost the low….do i buy back here? I need that crystal ball.

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  20. metalleg

    Well…this wasn’t supposed to happen this way.

    WTF?

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  21. Paolo Sobretodo

    I like that Rick Ross song

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  22. ripper

    DAMN FLY YOU JINXED IT!

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  23. gatorsun

    pretty much screwed across the board

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  24. ironbird

    Crazy town action continues. So gold is good now? Clown show is not helping. How do you like your socialism?

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  25. xxxHuggieBearxxx

    I’ve got huge BALTS

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  26. gatorsun

    NSTG who still has it?? on the move

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  27. carsony The Great
    carsony The Great

    TBT LONG!

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  28. gatorsun

    yelp Killing shorts all the way…and that’s a good thing indeed

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