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

It’s All Yours

I give it to you, the reader in his housing tenement playing with his Netflix buttons. The market is all yours.

I needed that gold stock yesterday like I needed a hole in my head. This isn’t a rally, but a trap. The Fed is still retarded, talking about delaying rate hikes in September. The whole logic behind the rate hikes is juvenile.

“Let’s hike rates now, so we can cut them later, when we really need to.”

Fuck that.

The margin clerks are coming. Fear them.

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17 comments

  1. ho_chi_min

    the fly will die

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  2. sknight1973@gmail.com

    Tell us more stories of the Margin clerk

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    • k_melancon

      I picture someone like the paperwork lady from “Monsters, Inc”

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  3. gorby

    This what I don’t get.Most
    mom and pops are out of the market.
    The hedge funds have almost
    unlimited funds-The market is all that is left.
    So who fuck are the margin clerks gonna shoot.

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  4. stockslueth

    Anybody know when shorting will be banned?

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  5. zheeeem

    I have bigger problems. The pump on the jacuzzi stopped working and my spousal unit is pissed.

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  6. joyous__ending

    We have beat this scenario before:
    – The next month will burn you out with fake rallies
    – The indexes will pierce the lows and it will feel like 2008,1987, or 1936.
    – Violence and terror will be broadcast on Teevee along with dour market news
    – World leaders and candidates will speak with ideas that you had in the 5th grade.
    Then one afternoon the DOW will hit 12999. The last seller will have thrown in the towel, and if it’s you—
    Or you back up the truck and make %50 on your portfolio and have a Merry Christmas with loved ones and family!

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  7. it is showtime

    Today’s chant of “lower high lower high” is now just yelling “low or high low or high” because that’s what they think it is

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  8. the_wolf

    open has been faded,
    this may get very fugly,

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  9. thomasjefferson

    Also, what’s with the Bat logo? It’s August 26th. I have a lot more confidence in your markets algos than I do your website logo algos. Or is it a play upon everyone having their blood sucked until they are dry?

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  10. traderconfessions
    traderconfessions

    The market will fall reflexively then rise steeply after a puny rate cut. Let’s get it done already.

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  11. zuulthezuul

    Bring out the gorillas and get this over with already.

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  12. doubleplus

    1000% agree. Waiting for reality to hit this market

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