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
23,467 Blog Posts

TOMORROW, YOU ARE GOING TO REGRET WAKING UP

The jobs report is going to be decidedly bad; but the unemployment rate is going to drop because apathy kicks in after a while. The slobs in front of the teevee dinners are going to throw in the towel, looking for an honest wage at COST or CMG, and opt for lives of unfettered crime. They are going to sell drugs, while smoking legal marijuana. Then they are going to rob you of your belongings and leave you in a ditch to die.

Shotgun to the face, cowering in fear, move here is to be long of volatility (in dollar terms) and to be short this market–because Yellen doesn’t have it. I’d sell my high beta belongings and take to the road for hitch hiking, catching rides from strange persons along the way, and then killing them after I reached my destination–for sport.

Gold and silver are of interest to me, but in an ancillary way. I like the pawn shops down here, post nuclear disaster. Should gold uptick from here, EZPW, DLLR and CSH are going to rip tits to the upside. Plus it coincides nicely with my apocalyptic flavorings.

This market has all of the trappings of being, well, a trap. There is unchecked hedonism, decadence amongst the plebeian army beyond belief–bordering on disgust. And we have a fresh/vile debt ceiling debate ’round the corner, with an economy that sucks balls and a Fed chairwoman who has the look of someone who does cross word puzzles all day long.

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38 comments

  1. xxxhuggiebearxxx

    You are correct, the jobs report will be slightly negative. The market will turn south on the news, but the big surprise will be the quick and vicious bounce that will occur, as the news is discounted on the basis of cold weather and successful support test earlier in the week.

    Buy the dip.

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  2. ironbird

    Grandmothers do not run the world. It is that simple. The concept of the fluke got all convoluted due to a certain immigrant.

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  3. Slick

    I wonder what all the mummets on here would be saying if Obama didn’t turn the economy around.

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    • ironbird

      How does the world look off your knees?

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      • ultramarine1

        Sharp retort. Tip of my top-hat to you, good sir! I’ll look for a chance to reuse your line with some of misguided colleagues.

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    • The Fly

      Obama tried his hardest to stop the economy from turning around.

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    • The Pirate

      Har har har! Thanks for that laugh ‘Slick’ and welcome to the United Socialist States of Stalin. That be Swanson er Stoufers tonight? Arrrr.

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  4. rahagar

    I already lead a life of unfettered crime, littering the roadsides with CMG burrito wrappers, BUD-stamped aluminum, and AAPL cores. SWHC riding shotgun assures safety of my ride.

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  5. Heckler511

    Two words for “prophetic zests” hmmm.. apocalyptic flavorings!

    I’m long GOGO into Monday because I said I would buy in the $19s and that shit is going to $50 once people realize they can online date their destination from an airplane.

    Plus the Olympics is on! Also long the ski jump, but short the venue. No opinion on Putin or figure skating.

    Okay Putin is kinda bad-ass. Yellen looks like the turtle from The Never Ending Story.

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  6. Sia

    Gold? Booo. Don’t know what gold will do right now, but the bottom is at around 900

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  7. matt_bear

    She’s a nanny. This is all ridiculous.

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  8. Chuck Bennett

    @heckler, I’m with you on that. The power of the internet’s ability to get the mediocre degenerate hooked up with a G is priceless.

    Regards,

    Chuck Bennett

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  9. Narredwhal

    Jeff Goldblum for fed chair.

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  10. doubleplus

    Dip-buyers’ punishment must be more severe. UNLEASH THE CLAY-FACED RAPE MACHINE. http://wallpaperhdfree.com/wp-content/uploads/2013/03/The-Expendables-Action-Hero-Wallpaper.jpg

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  11. THE_WOLF

    TOMORROW, YOU ARE GOING TO REGRET WAKING UP

    nope, i’m not

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  12. ironbird

    Anyone else disturbed by the technical perfection of this selloff? The SPY stops going down perfectly on support then bounces perfectly to resistance. As if a fucking robot is pulling the strings. Fuckery?

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  13. Cascadian

    Steven A Cohen is not sleeping very well tonight.

    It has nothing to do with Janet Yellen or unemployment reports.

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    • ironbird

      Interesting theory.The whole mess appears like a unwind. Bonds stocks commodities all of it. Supposedly crazy moves that stop right where they should.

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  14. Testicules

    funny,as I already took a March CALL on the pawn shop….15000 dell employees be turning in the company cuff links sooner or later

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  15. john

    I’m already on my 5th Xanax since wake up time. I think I need to double down before all hell breaks loose. By the way, I need 3 more ham on rye’s right now. Thx in advance.

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  16. MX2101

    I understand not being able to find work.
    But how can someone “choose” to be unemployed? There are bills to be paid, expenses, and from what I can see government benefits do not come close. Just moments ago I got my electric bill for January… $ 540

    How can being unemployed be a career choice

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  17. tradercaddy

    Yes, she probably does crossed word puzzles all day.
    Of course now the rationale from leftists and the elites for not getting a job and getting 0bamacare is that now one is a free agent.
    Plus you can spend time with the kid(s) or doing what one wants.
    Uncle Sam will take care of you.
    Shades of Stalin and Fidel.

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  18. irai

    sir fly, ur riting B…well…Xtraordinary…cheers AND peace out

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  19. dae42

    Wow…futures are really getting slaughtered….NOT.

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  20. Frankie D

    Well back to nobody wants to miss the upside. I’m tired of sitting on the sideline but I have no choice except for close stops

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