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
23,430 Blog Posts

The Futures Pit Has Spoken

This just in…

According to the oracles at the Dow futures pit, located at a pub near you, the Dow Jones Industrial Average will rise by 22.61 points tomorrow. In case you’re wondering, that is after “fair value”, just to give you a much more “precise” reading of the prophecy.

Although last night’s reading was off by about 220 points, give or take a few, I am told that tonight’s prophecy holds considerable weight, in that it has been delivered by the Chief of the Futures Clan of Tomorrow himself.

Happy tidings.

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8 comments

  1. greencandle

    Yawn…

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  2. UncleBuccs

    If only that kid from Carnivale were able to move the markets. There’d be a lot of dead grass and small animals littering the earth, but we would be getting our way.

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  3. greencandle

    Has FLY turned into legitimate market commentary or another tentacle of the great squid?! News at 11!

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  4. ironbird

    The drunks here, have nothing on the sake heads of the rising sun. Nikkei puking the good fight, badly. Last weeks sushi coming up.

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  5. ripper

    LOL at the poor handful of locals that still trade in pits.

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  6. widespreadpanik

    Fly,

    What is your plan? I raised cash last week but did not get short as of yet to hedge. Nibbled at FEYE and EZPW but o real conviction here. Was looking at the history of midterm election years. Big down drafts starting in early April late March followed by a rough summer and then a big spike up going into the fall ( to help all incumbent scums) is what history has shown.

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  7. sk

    Who’s worse, futures or after-hours/pre-market traders?

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