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
23,426 Blog Posts

PANIC GRIPS WALL STREET

As I write to you, the market is off by 0.2%. Frankly, this sharp a drop concerns me. It doesn’t worry me for the obvious massive capital loss reasons. I fear for the well being of my broker/advisor peers. This is not the sort of tape to snore at, in between naps and snacks. This is the type of tape that one pulls out hair, punches oneself in the gut, then liquidates all of his holdings–goes home, files for divorce, and then spends the net 50 years pushing a shopping cart aimlessly around town.

 

I am curious, sincerely, how are you dealing with today’s meltdown?

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9 comments

  1. mackypinky

    $JBLU is dropping bombs on bears

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  2. the dude

    YY and SWKS saggy. XBI and ISIS perky. A day signifying nothing. Going to use my time more productively and put up some bamboo fence now.

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  3. dragun

    sitting tight, pulling eyebrow hair for sport.

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  4. gasman

    Busy grooming my FRO

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  5. dewey dortmunder
    dewey dortmunder

    I’m trying to contact Bluestar.

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  6. soupbone

    Doing nothing as per usual. 20% cash which is high for my ilk. It is boring and I want more drama. The swinging dicks are likely bored too. There is only so much Greece, Iran, Hillary Clinton, employment data and inflation expectation commentary one can can take. I want something to shake this loose but I fear we must wait. So why not get the fuck out?

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  7. banjoman

    They’re trying to wear us down until we capitulate and sell all of our stocks like a bunch of spineless ninnies. Hold tight, we are close to blasting higher. I can feel it.

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