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
23,474 Blog Posts

RESPITE

Europe is up over 2% and the Chinese were up over 5%, them and their 5 stocks that were open for trade. Our futures are indicating a +195 at the open. Needless to say, I am not impressed.

Yesterday’s sell off and halting of the NYSE was a crime against humanity. For as long as I live, I will not forgive yesterday. Five hundred years from now, I will still be bitter about the NYSE halting and market dropping upwards 250 points, for no God damned reason at all.

Therefore, I cannot get excited over pre-market futures–because I know how stupid and dastardly this market can be. For all I know, we might close down another 250.

I will count my money when it’s in my pocket.

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27 comments

  1. kdog

    I know it’s a saying but… Who carry’s cash around anymore in their pocket. It’s all numbers on a screen. Sometimes I wonder if there will be a day that I wake up and it’s all “poof”, zeros!

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    • kdog

      *carries

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    • formergeek

      Spoken like a true youngster who hasn’t seen hard times

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      • kdog

        Depending on ones perspective I guess 44 is still young 🙂 But, I must ask, who has really seen true hard times in the USA that is under 75?

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        • formergeek

          Plenty of individuals but not the majority, that’s why like sports best teams it’s tough to stay on top once you’ve won it all. Our children expect all rewards with no work

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  2. matt_bear

    Push.

    http://youtu.be/qk2jeE1LOn8

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  3. tsmalley15

    Was going through some of my positions and came across some call options on $CMCM, strike price $37. That is a good indication of how things have been going for me lately.

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  4. formergeek

    I’m not that religous, which day did God create Planet Ponzi? Or was it that other guy…

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  5. bexpo

    There YOU ARE! That is how we all feel. Couldn’t agree more.

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  6. duckkell

    time for some oil…

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  7. sethster99

    Rather than BTFD, the new term is STFS (Short the Fucking Spike)

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  8. Dr. Fly

    CYBR CMCM

    AS YOU WERE

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    • traderconfessions
      traderconfessions

      Does it last more than one day or is this simply a suckers rally? Take profits.

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  9. bruce keller

    I bet something happens like 1P or 2P, like some crazy shit, but like opposite of last few days.

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    • bruce keller

      CST :p

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      • bruce keller

        Greek related. Man I wish you could have a 1 minute edit grace period or something, or that I’d finish a thought before pushing enter.

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        • Dr. Fly

          THERE WILL NEVER BE AN EDIT FOR COMMENTS HERE.

          Come with your A game or go home crying.

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  10. jonny

    Except >>> BANNED <<<.

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  11. jonny

    Preface: “THERE WILL NEVER BE AN EDIT FOR COMMENTS HERE.”

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  12. pooch

    AMERICA SUCKS

    Canda sucks MORE

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