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

I Promise to Make Stocks Go Higher

It appears all of the worries about Asia, the credit crisis in China and disaster in Turkey, were imaginary–like friends. The market tends to scare people into giving up their wares, like stick up men, but without the guns.

Janet Yellen’s speech  was written by Ben Bernanke, at least that’s what I like to believe. The idiots in Congress will not be able to frazzle her, as her IQ is at least 100 points higher than theirs. Therefore, one should expect markets to continue to trade up forever, without pause, and without any semblance of apprehension.

My reservations about the market have been proven to be wrong, in the immediate term. And I have to hold myself accountable for my haphazard actions.

I am watching Yellen and paying attention to her tone and cadence. If people sell stocks because of her Brooklyn accent, I can only surmise that we should buy that dip.

DEVELOPING…

If you enjoy the content at iBankCoin, please follow us on Twitter

11 comments

  1. The Next New Cat Thing
    The Next New Cat Thing

    >The idiots in Congress will not be able to frazzle her.

    No one in Congress wants to frazzle her…she will get a free ride until there is a real crisis (aka VIX 40)

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. The Pirate

    Is Yellen speaking slowly and carefully to cover over a Brooklyn accent? Maybe if someone gets her mad, the ‘Brooklyn’ will come out, the ‘R’s will dissapear and the ‘monstah beverage’ CEO voice will be heard..

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. charlie

    GRPN ugly dip today. I want to sell.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. yoshii11

    I’ve never watched one of these before, so I have nothing to compare against, but I think she’s holding her composure. They are really poking and prodding…quite the hot seat.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. Go Show Carlo the Tree
    Go Show Carlo the Tree

    Benny aka “Benny Blunts” left a large cone
    in his desk drawer and Auntie Janet melted some up before testimony

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. Big Bill

    Anyone else think Janet Yellen looks like an older version of Kathy Geiss?

    http://progressalways.files.wordpress.com/2012/08/kathy_geiss_1_490x300.gif

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. OG

    Bought GMCR and SALE this morning. Yeah baby!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. vigkap

    It seems the market may acquire a taste for butterscotch sucking candies after all

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  9. daluke

    You did it FLY! The market is rippin’ and a tearin’!

    http://youtu.be/YVtEX1J7tXQ?t=6s

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. Stockgator

    In GOGO. http://screencast.com/t/wTdnWnqL
    http://screencast.com/t/RTgUOoh04nd
    Ready to recommence

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • irai

      GOGOGOGOGOGO…D dog my only holding at this point, it going mucho higher with a little help from my fiends…or not

      • 0
      • 0
      • 0 Deem this to be "Fake News"