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
23,452 Blog Posts

WHAT THIS MARKET NEEDS IS MOAR REVERSALS

The market is up today, which is unacceptable. Before the day finishes, let us prey for sharp reversals of misfortune, whereby everyone gets tossed into the chopped meat grinder, broiled, then served to monsters for expeditious devouring.

There isn’t a reason in the world to trust anything on the screen. But there are trends worth pursuing, long term. With gasoline in the shitter, gas station plays will work higher. Names like TA, MUSA and IMKTA look solid.

Consumer sensitive names that cater to the bedraggled, my former and future class, benefit the most from lower gas prices. Now what do the lower class folk do with extra coin? Having been from this class as a young lad, I can tell you, with unequivocal confidence, they eat at the panned cake house (DIN) and buy Nike (NKE) air jordan’s, from either Finish Line (FINL) or Footlocker (FL). It’s part of the hip hop culture now, to be fashionable with $200 rubber basketball shoes on one’s feet. The quality of one’s clothing and brands that he/she advertises (free of charge) tells the rest of the world how important/unimportant one is, truly.

So, if you’re poor and living off grilled cheese sandwiches and cup o’ noodle soup containers, be sure to buy some fashionable $200 basketball shoes at your local FINL this week, in order to ‘pop off’ and acquire easy to impress female counterparts, who are equally bedraggled and of course highly fashionable, with all of the decadence and splendor that one can muster from the bottom of the capstone.

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18 comments

  1. Trent J

    The Fly just made my weekend plans for me: I shall eat at the local panned cake house in a fresh pair of Air’d Jordans.

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  2. fryguy15

    poor men buy NKE. Their poor women buy Louis Vuitton. Such is life….

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  3. C. Montgomery Burns
    C. Montgomery Burns

    The market is just one big chinatown.

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  4. the shiek

    Dollar index closing in on 94… 11 year high.

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  5. smartestone

    this marker just can’t seem to rip higher. just these smallish daily moves.

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  6. rangersfan

    Love that volume pocket on the daily and monthly for $FXCM hehe

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  7. rangersfan

    $FXCM is starting to feel like the $FRO trade. Still an opportunity to get back in.

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  8. jersey whale

    Maybe casinos benefit from extra coin from the humanoids?

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  9. matt_bear

    the local savings & loan should see increased deposits from good Samaritan savers. Model church going folk.

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  10. zuul

    Where is that Showtime character?

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  11. sloop

    Bought $X at 21.75 Bottom is in baby!

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  12. heckler

    Did you buy an airlines, FLY?

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  13. juicy lickhermore
    juicy lickhermore

    lol >*old timers hate on J’s* I’ve got a couple dozen casual shoes half of which are Jordans. Better to spend your money on things you actually USE rather than rugs, vases and walled art. Clutter items are just fodder for your heirs when you have departed.

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  14. moneyteam

    Tip Toe Wing In My Jawwdinz … http://youtu.be/niHSDx4Y_zs

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