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
23,431 Blog Posts

I FOUND SOMETHING TO BUY

I bought JAZZ, into the close.

I don’t give a shit about war and rumors of war. I hereby declare the market is going higher.

 

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22 comments

  1. matt_bear

    jazz hands!

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  2. rahagar

    Everyone, $JAZZ hands for Le Fly.

    Check $PVA as well, possible hammer bottom in today, Soros bot bigger position recently.

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  3. traderconfessions
    traderconfessions

    Y?

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  4. ironbird

    What the fuck is wrong with people? Burritos are not worth 20 bucks. CMG is feeding a need apparently in flyover country and the east coast. Out on the west coast we have real Mexican food in every town. Fucking tortillas rice and beans?

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    • NON Solo

      it’s Tex Mex dude, not Mexican food. I live in Chicago. don’t tell Mexicans it’s Mexican food.

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      • ironbird

        Do not tell Texans that shit is Tex Mex either.

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        • NON Solo

          Is Uncle Julios considered Tex Mex? We have one in Chicago. I love that place. Are fajitas considered tex mex?

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          • ironbird

            If the day ever comes that stepping foot in a Wienerschnitzel sounds like a good idea. Chicago dog all the way. Whats the difference? Tubed meat a bun.

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          • NON Solo

            False. A Chicago Dog is kosher only, ie, Hebrew National, not Oscar meyer.

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    • jon v

      You could have said that about burgers (MCD) and cheap shitty trinkets (WMT) years ago.

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    • og

      I live in SoCal and my Mexican co-workers (sales and warehouse) are always down for CMG.

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  5. Dr. Fly

    Cmg is the shit

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  6. bruce keller

    Ominous looking futures up in this mofo! ^_^

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  7. I Am Jesse Livermore
    I Am Jesse Livermore

    regarding your post about nothing to buy and then buying something…

    “What beat me was not having enough brains to stick to my own game – that is, to play the market only when I was satisfied that precedents favored my play. There is a time for all things, but I didn’t know it. And that is precisely what beats so many men in Wall St. who are very far from being in the main sucker class. There is the plain fool, who does the wrong thing at all times everywhere, but there is the Wall St. fool, who thinks he must trade all the time. No man can always have adequate reasons for buying or selling stocks daily – or sufficient knowledge to make his play an intelligent play.

    I proved it. Whenever I read the tape by light of experience I made money, but when I made a plain fool play I had to lose. I was no exception, was I? There was the huge quotation board staring me right in the face, and the ticker going on, and people trading and watching their tickets turn into cash or into waste paper. Of course I let the craving for excitement get the better of my judgment.

    The desire for constant action irrespective of underlying conditions is responsible for many losses on Wall St. even among the professionals, who feel they must take home some money every day, as though they were working for regular wages.

    There are times when money can be made investing and speculating in stocks, but money cannot consistently be made trading every day or every week during the year. Only the foolhardy will try it. It just is not in the cards and cannot be done.”

    – Jesse Livermore

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    • traderconfessions
      traderconfessions

      Exactly. But try to eat just one.

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    • bruce keller

      Literally read that last night. Man Reminiscence Of A Stock Operator is some good shit.

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    • The Equalizer

      The more things change, the more they stay the same. Part of me feels bad because I’m flat YTD. Another part of me feels OK with that, given that most I’ve been heavy cash and most of my trades have been small caps. Sometimes it’s OK to sit on a pile of cash and wait for a better pitch to come your way.

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  8. citywok

    This is really why I own JAZZ: http://www.youtube.com/watch?v=N9vUNDY45Jc#t=18

    Somebody should acquire them and get all tax inverted and shit

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  9. bruce keller

    Crosspost from AH chat:

    Ultimate contrarian. What if: The last signs of a correction are completely different than ones right now? Why would they make it so simple as knowing when interest rates would rise and QE would end?

    I think that is very important to think about.

    That is all.

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    • bruce keller

      Rebuttal from watching first bits of AH now, maybe we just know a little more and it fucks us up a tad.

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  10. bruce keller

    Oh and I am totally team 2050 but I think some mofos might have to get shaked out first is all.

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