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
20,476 Blog Posts

The Seminal Moment of the Second Dot Com Collapse

Remember this moment boys, for as long as you live, for it is the exact moment in time when Wall St said “enough is enough.” The moment animated candies stepped onto the NYSE to mingle with the cynical alcoholics on the floor, all hope for extending the bubble died.

This is the tipping point in stock market history. It must be documented here– for the children– so that future generations learn from our mishaps.

TO HELL WITH KING DIGITAL AND MAY TWITTER BURN IN THE HELL IT WAS FORGED IN.

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23 comments

  1. C. Montgomery Burns
    C. Montgomery Burns

    C. Montgomery Burns invites you to play candy crush.

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  2. C. Montgomery Burns
    C. Montgomery Burns

    C. Montgomery Burns invites you to play candy crush.

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  3. sloop

    Never made it above 21

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  4. duckkell

    fucking TWTR killing me…

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  5. wolfdaddy

    Did you not predict twtr range 30-60 in 2014. That will be a great call and great buy

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  6. bruce keller

    I dunno Fly, it’s below IPO so no ones knows, so I’ll go ahead and guess $20 – $35 range. Not overly bearish, just don’t see much in their bus. plan to justify mure more than say a $10 bil cap.

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    • The Fly

      Bruce

      That’s what I predicted in 2013. It was a copy and paste

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    • woj

      I disagree Bruce. TWTR will figure out how to monetize mobile, just like FB did. Once they do, look out. Think about the value in a company that instantaneously reaches almost 1 billion people. I don’t even watch the news anymore at night as I already know what happened. Or when you do watch and they have “breaking news” that has been on twitter for 5 minutes already. TWTR is an absolute game changer…

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  7. og

    They way YELP is trading you’d think it also had lockup exp today.

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  8. xxxhuggiebearxxx
    xxxhuggiebearxxx

    MY primary position is long EWZ and has been for weeks. I am bouncing in and out of ES futs, mostly shorting. Standing aside for now as the market doesn’t seem to have much direction.

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    • bonobo smores

      I’ve been to Brazil 10 times and have been following the various machinations going on since Lula left as president. They are having a tough time regaining momentum, even with the world cup and Olympics on the horizon. Been looking to recover some of my losses from EWZ, ITUB and GGB; very slow going. Hoping it turns around.

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  9. budh

    TWTR is gonna bounce. It’s always darkest before the dawn.

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  10. tradercaddy

    I just think we are in a transition period from momo stocks to more stable growth and value plays just like the nifty fifty (all hail Brunswick and Chesebrough-Ponds), which by the way went on for a very long time.
    Check out the chips and the emerging markets which are mostly higher.
    Still like the PM stocks as they tend to be driven by the emerging countries and if they do good then the PM’s will do good.
    That is my story and if I am cross examined about it I will deny same.

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  11. sloop

    TWTR is heading toward record volume day. NOT a good day to try to catch this red hat coal.

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  12. jazzyjeff

    feels like things are starting to get flashy…

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  13. eazykid

    Is it time to short AMZN?

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  14. eazykid

    Is it time to short AMZN?

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    • tradercaddy

      Should have been a short about 4 years ago or more based upon profits alone (and then a buy about 2019 when it finally breaks even).
      But, nobody hardly makes $$ as a trader based upon reasoning alone.

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  15. tradercaddy

    Buy SMH etf now and sell into the close.
    EZ $$.

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