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
23,445 Blog Posts

Do Not Fret the Market Softness Lads, We Must Press Our Rights on the Battlefield

Markets are a little soft and I just finished drinking a nice tall glass of coconut cream. Also, I am trading a lot. Also, me trading a lot has made me much happier. Who would’ve thought?

There are all sorts of wild ideas out there to pursue. I am merely scratching the surface here with these crypto trades.

In other news, I am proud to announce iBankCoin has begun allocating a percentage of revenues in cryptos. Our first purchase was Ethereum. Personally, I am buying storage related coins, like STORJ, SC, and MAID.

Since we’re all flush with cash and the economy is grande, why the heck not?

It seems crude stocks are weak today and breadth is only 30%. This would be a good time for you to eat a sandwich. No sense getting yourselves perturbed over a little stock market repose. I haven’t slept in weeks. Well, I’ve slept, but not a proper continuous sleep. I don’t want to say I’ve been ‘too busy’ because only assholes talk like that. Let’s just say, I still have time to dalliance and saunter, eat good and drink well, but I’m also kind of obsessing over the cryptos now. I am obsessing not in the way that some of you might’ve done a few years ago, or maybe even more recently. I am just reading all of the white papers. All of them.

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6 comments

  1. paradox

    Heard it here first – no big pull during earning season. After all the big tech finishes their earnings believe it’s going to be a fast ticking clock though and we’ll finally see 5+% pull in SPX. Or at least that’s the way I’m positioned right now.

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  2. ferd

    Bought a bunch of QQQ puts here …expiring next Friday.

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  3. jonojohnson

    I can see a run through S&P 2850 or so, that was the median 2018 forecast from the banks… then could get choppy into a corrective market through the elections before a Santa Rally takes us into 2019! For now, all signs point to a 4Q17 GDP of over 3%, would be 3 in a row, something that hasn’t happened in at least 10 years…

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  4. husaria

    “Coconut” cream? Dalliance? Saunter? Hmmm. Cream warm, Yes?

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  5. ironturd

    Do you have a centralized source for all the whitepapers? or Just going through individually.

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    • rigged game

      They come on a roll marked “Scottissue” in the bus station trans toilet.

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