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

[TIME TO SHORT STOCKS BUCKO]

The Brazilian BOVESPA shed 1,900+ points today, in a broad daylight clown raping. I know that isn’t a necessarily politically correct statement, discussing clowns and rape in the same sentence; but it’s important that you get your affairs in order. If you’re not careful, you’ll be [harangued] by this market, totally uprooted, and cast onto the pavement floor and then kicked in the face.

Copper shed 2% and the US yield curve tightened to just 68 basis points. I hate to be the bearer of bad news (actually I like it quite much) but we’re barreling towards an orange catastrophe, replete with hemmed up traders trapped in their asshole positions — completely and totally ruined.

Protect your necks

I am short BAC and NVDA and I am also long UVXY. I’ve done these things, not because I want to see an end to prosperity (more lies), but because I am scared of what is hiding under the market’s bed. If you’re long Bitcoins and hoping it will escape the pangs of perdition, think again. Only retards will be left holding the BTC above 7k bag. This is an important distinction and narrative on the current timeline.

In short, it’s over bank and tech fags. You’ve had a nice run, now watch as the madmen run around in ski masks taking everything from you.

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12 comments

  1. edn618

    So much triggering in such a short post- You magnificent bastard, I don’t know whether to shit or go blind!

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  2. it is showtime

    Haha, when the turn comes you only have an extra mountain on top of a mountain of equity level to work off. And oh gee, the gains were “really” organic and authentic

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  3. doji

    Too soon?

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  4. sarcrilege

    Goes w/o sayin’ … phyzz is on the other side of this trade.

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  5. bennyhill

    Too bad OA left, he probably couldn’t stand the Trump blogging any longer.

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    • tradercaddy

      But, Jake Gint makes it a wash.

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    • ironturd

      Agreed. Fly’s Twitter is full of the dumbest vilest shit. His family probably has no idea what a piece of smart ass piece of shit he is.

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  6. sarcrilege

    Compare Dunkirk to Inception from H.Zimmer :
    https://tinyurl.com/y8d77ocw

    Spoiler: Inception is superior hands down.

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  7. highsurf

    You are already proven correct as Gartman just covered his puts. Well done, sir.

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    • highsurf

      Got tagged as fake news so here it is from ZeroHedge 11/7/17:

      “Our position has to be covered and covered it shall be, for we fear that we are about to enter that violent… and ending… rush to the upside that has ended so many great bull markets of the past. At this point, the buying becomes manic and prices head skyward.”

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  8. moosh

    The madmen can’t survive fucking lasers. Thanks for the COHR post a couple weeks ago, Le Fly!

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  9. probucks

    why is it time to short?

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