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
23,427 Blog Posts

Expect More Than Bad

First let me tell you how I’ve been preparing for this horrendous tape. I’ve spent all weekend trying to determine whether I prefer almond stuffed olives in my dirty martinis or jalapeño. I do appreciate a certain latin flair commingled into my alcohol consumption, every once in a while. After that, I ventured outside of my residence to purchase new areas rugs, art work, and leather bounded books for my library. It was hard work but somebody had to do it.

Bear in mind, the vast majority of my liquid assets are in my checking account, tucked neatly and far away from the stocked market. Granted, I partake in speculation and have significant funds invested. But I am a manager of other people’s assets. To toss my earnings back into the wild flames of the market would be equal to wanton gambling and depravity. These are important matters that you need to address, if you intend to last in this business.

Regarding the market: there are wild currency gyrations fucking with sentiment. The S African rand is down more than 3%, and a wide array of meaningless dog-eating asian countries are having their wigs pushed back. It’s important that you understand China is to blame for everything, for they are the evil doers of our time. God willing, President Donald Trump will make quick work of them and park the USS Ronald “give me your fucking jellied beans” Reagan in the Port of Beijing.

I am expecting European markets to drop by 2-5% today, surprising all of you clown-loving rape victims with expeditious viscosity. You should also expect a severe US open, which may in fact wipe out the last of the canaille and offer a sublime buy the dip scenario for the initiated, men of cloth and substance with significant cash on the sidelines.

Client discussions have gone swimmingly. We discussed the latest in politics over cigars and pipes, then parlayed into the matter of having over 50% cash in government money market accounts. I laid out a fairly straight forward plan to “buy the blood” and to “skull rape” all of the “fuckheads who intend to bet against me.”

I have a buy list located inside of the confines of Exodus. I WILL DRINK YOUR MARGIN CALLS.

Good night and God speed.

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43 comments

  1. berniecornfeld

    Cheers Fly and thanks for the list

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  2. xxxhuggiebearxxx

    HuggieBear is dead.

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  3. og

    Holy shit.

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  4. Dr. Fly

    damn right

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  5. herbbieg

    Where is Trading Nymph?
    After over 7 years of following the copper bubble the moment has arrived
    Long time Picker followers want to know her take on it

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    • it is showtime

      Take on what? Copper is dead bleeding fucking worm infested bear meat fucking dead. That work?

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    • xxxhuggiebearxxx

      Good point…wtf is she….is she still alive? or did she jump out a window at the top of the bubble.

      Its a helluva thing…turns out she was right after all. Early, but right.

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  6. bruce keller

    I have a boatload of $CMG puts, if the whole market shits and that fucking burrito keeps floating, I won’t be a happy camper. >:(

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  7. alf44

    .

    FEEL THE “VERNE” !!!

    .

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  8. xxxhuggiebearxxx

    HELP!!!!!

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  9. t.c.

    Blood bath tonight

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  10. it is showtime

    s&p 10% within sight

    whether or not your helicopter rescues you again (that’s all 50% or more of this bull phase was) the number of damaged deteriorated faltering areas should prevent liftoff

    setting the all out plunge nosedive aside, all bears need, is a lower-high. and goodbye seeya. we haven’t captured-the-flag yet, but we have a clear path DOWN once we do

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  11. Dr. Fly

    Dow FUTS down 400

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  12. xxxhuggiebearxxx

    Thanks god I gave up playing the futures.

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  13. og

    And I thought Friday was bad.

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  14. vandamme

    fed should raise anyway

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  15. pipeguy

    I appreciate the Exodus only content. Member perks are a great thing.

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  16. sethster99

    Jackson Hole…. Whole lotta bs to come out of Yellen’s yapper.

    Got gold for when she announces QE?

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    • rangersfan

      She isnt even attending the event
      Wake the fuck up. The momo train is over.

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  17. ironbird

    Sharing economy meet the driverless market.

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  18. profiteerer

    Nasdaq futures are only down 4%…

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  19. bruce keller

    I gotta post it here, I called that China shit on that last post, sucks it had to be replaced right after lol!

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  20. The Equalizer

    “Professor, now having some inkling as to what the danger is, would you say it’s time for our viewers to crack each other’s heads open and feast on the goo insid-PROFESSOR, WHAT ARE YOU DOING WITH THAT SLEDGEHAMM-“

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  21. Quality Control Inferno
    Quality Control Inferno

    I will be purchasing long positions tomorrow, and I’ve been quite bearish all of 2015. If a crash is coming it comes overnight, tonight. So if we survive the night, I will be in there buying as soon as Europe closes.

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    • bruce keller

      Look back at 1987, which this is a lot like, and you’ll see it was better to buy a few weeks later.

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  22. braveflaps

    I propose that the new US$10 bill should bear an image that is neither male nor female, but rather that it should bear a graffitied logo reading “Fuck China”.

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  23. og

    Are we going to be much higher Tuesday or Wednesday? I can hope can’t I?

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  24. blahblahblah

    Haha

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  25. duckkell

    market will bounce..ride it out have some dry powder ready
    Can listen to Frank all day

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  26. t.c.

    541 points? That’s a bunch of points.

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  27. metalleg

    It’s been a while since I quit sniffing glue but I think I’m gonna give it a try again tomorrow morning before the open.

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  28. jacked rabbit

    There’s this lady running around in front of our National Treasury with armfuls of NASDAQs. Don’t know if she is putting them back in, or stealing them. Looks like she don’t know either.

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  29. traderconfessions
    traderconfessions

    I’m going back to my old job…catching bullets in my teeth at a carnival sideshow. Much safer.

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  30. xxxhuggiebearxxx
    xxxhuggiebearxxx

    WELL FUCK…nothing to do now but wait and hope for a bounce. Fuck selling into this.

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  31. t.c.

    I think we close positive today… Just kidding. Turns out those laws of mathematics really were untenable. Fly wins again.

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  32. alf44

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    Cramer is a babbling fool !!!

    .

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