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
23,417 Blog Posts

BEARS DUG UP FROM THEIR GRAVES, KILLED AGAIN, LIT ON FIRE

Dow up more than 100, the shnazzy nazzy got jazzy and lifted more than 50 — which, effectively, crushed the hopes and dreams of countless assholes clamoring for lower prices. Even shares of TWTR were uplifted today, spirits are up and people are feeling their fucking oats.

So what exactly is the end game in all this unchecked, unfettered, glorious stock market fun?

I suppose it’ll conclude like all rallies, swimming in the tears of those who bought last. But look at all of those gains. Just yesterday I was somewhat concerned over my EDIT position. Today’s boost gave me hope, provided me with confidence, that God is looking out for me. He doesn’t want me to live a life of poverty and wants me to be able to enjoy champagne breakfasts; after all, why the hell not?

Oil stocks crushed higher too. I’ve been dead wrong about those. Too late to buy? Of course not.

Investment banks spiraled higher too. Anyone long FAS?

Or how about XIV?

Or how about GPS, LB or NFLX or DPZ or WEN or motherfucking BYD — cause casinos are the place to be these days?

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14 comments

  1. it is showtime

    Of course no-duh one of the purposes of the manipulation (or manipulated indexes) is to snuff out bears. That was clear 18-24 mos. ago

    Restating the obvious,

    Bears who scrutinized the situation 3 or more years ago realized there was a heavy control mechanism on djia, naz, and vix, primarily.

    LOL NO ONE IS FOOLED AT THE GAME THIS POINT
    BEARS ARE WELL AWARE IT’S MERELY PROGRAMMED LOL

    we’re not going anywhere
    im not going anywhere

    Endgame is so
    Perceptible

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    • ironturd

      You make some good points and also I might even consider this post-modern financial poetry a la Ginsburg

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    • mongoosereflexes
      mongoosereflexes

      So the manipulation is to just make stocks go up forever?

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    • moonshot

      Let us know when you have had enough. So that we can keep grinding you into the dust.

      – The Programmers

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  2. dmfracer

    I find that the best way to trade this market is to go long (never short a bull), but only whilst wearing bear colored glasses. This way you can be crash proof (protective puts also ensure this), whilst banking enormous coin.

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  3. richy

    Waiting for Rocketman to splatter XIV down to 78 again.

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  4. mushroomz

    Hodling XIVcoin to the moon.

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  5. momsen92

    Michael Lewis probably writing the Big Short Part Deux. Until people have jobs and credit cards this shit will probably grind higher. Cheap money, low fuel prices, and 20 somethings who don’t know 2007-2009 pain. Unicorns and rainbows are abundant. PR debt? We’ll just forgive it. $MBI is sweating it’s balls off. College loans? The next presidential candidate can win on that ticket alone by promising to forgive all the entitled brat loans.

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  6. soupbone

    US stocks running away and $US driving back up: double trouble for us off shore losers.

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  7. fryguy15

    And in the year of our Lord 2017, God crushed volatility.

    $XIV gunna start paying a dividend soon. lolz

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    • it is showtime

      Actually human-programmed machines. Not god himself. (Notice the mound in vix from 11a-close which closer-analysis has a lot to say about)

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  8. momsen92

    $XIV “..Illusion has become real, and the more real it becomes, the more desperate they want it.”

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  9. ho_chi_min

    a drake song?

    New lows are being reached

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