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

More Predictions From the Man Behind the Mask

Great floods will be avoided this winter, as the rivers and the lakes freeze into solid mass. The hurricane season will be non-existant by November, as the country prepares to feast on large birds and seasonal squash. The Turkey Gods will make an appearance on the NYSE and swallow one trader whole, as is the custom during that time of year. Shortly thereafter, a buying frenzy of discretionary goods will sweep the nation, with little children running about–asking men with giant white beards to buy them things.

Rumors of flying reindeers, with incandescent noses, will run rampant and the Coca-Cola corporation will propaganda the idea of strange fat men breaking and entering the homes of millions of Americans to be, not only an acceptable practice, but preferred.

And the stock market will trade up on most days, down on some. There will be periods of panic and greed, hedged by periods of consolidation. Men will be broken over the knees of Mother Market, like stale pretzel sticks, for not exhibiting patience. Persons of little to no experience will make great strides early on, then lose everything, AND MORE, during downturns.

This cycle will repeat itself for all of eternity.

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17 comments

  1. berniecornfeld

    LMAO – First?

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  2. tradercaddy

    Happy Black Monday (1987) to all.
    It is engrained in my trading psyche.
    I recall calling my wife about 1PM and telling her I was thinking of flying to Boston and was going to withdraw our $$ from Fidelity in cash as there was talk of the money markets “breaking” the dollar.
    I started with nothing in 1980 and built it up to a good chunk by ’87 thanks to the bull beginning in 1982 utilizing the Fidelity Select Funds (hourly trading once a day, no minimum or max. for a flat $25). The Funds lagged about 15 minutes in pricing so it was a $$ machine for those who knew.
    I was in cash at the time though because the 80-100 point swings were getting crazy. Actual stock quotes were running two hours behind that day.
    http://youtu.be/gad1fjKbY9U

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    • Dr. Fly

      Sounds like porno music

      I was 11 years old and was drinking chocolate milk at the time of the crash

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      • tradercaddy

        Ha!
        It seemed like the end of the world and the next AM the swings were very violent until the PPT (the original) was born about 10:45 and it went up in a straight line.
        Computers (they had them then-IBM mainframes) played a large role with what was then called program trading.

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        • Trent J

          I love hearing the “where were you stories” for I was 3 yrs old, shitting the bed waking up to nightmares of someone stealing my sippy cup.

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  3. juice

    no scheduled alien invasion ? should be good for a couple thou dow pts

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  4. zuul

    This is exactly what will happen.

    I welcome it. This is The Grindhouse.

    http://whatculture.com/wp-content/uploads/2010/07/Grindhouse-poster-620×487.jpg

    I choose Death Proof. Most will not choose anything and automatically begin living on Planet Terror.

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  5. bruce keller

    I really hope the market does stay up / rips bears faces up until 10/22, but I’ll take just today. Just want enough time to get AMZN puts cheaper. My ultra combo would have been NFLX -> AMZN -> PCLN puts, but I’ll settle for AMZN -> PCLN… maybe toss some CMG in there.

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  6. metalleg

    I had gotten married the night before. Didn’t know about the crash until Tuesday while swimming in the Caribbean. It’s been downhill ever since.

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  7. pirate

    Marriage. Arrrr…

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    • bruce keller

      I always feel bad for my friends that try to sell the rings after the divorce and they learn the real price of diamonds.

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  8. Dr. Fly

    Let her keep the dammed ring. Men can be so petty.

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    • pirate

      I suggest yee try to woo her with a cold beer and a broken tooth smile on the high seas in an old wooden sailin vessel. The smell of the sea and the smell of old spice mixed with rancid old sweat… ladies can’t resist. Arrrrr.

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  9. alf44

    .

    “because the 80-100 point swings were getting crazy”
    —–
    100 point swings happen intra-day now … as opposed to daily Close to Close !

    .

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  10. juicy lickhermore

    I have two words for ginni rometty > “clarence otis”

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  11. jpmorgains

    LEDed noses.

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