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
23,472 Blog Posts

Sacrifices Have Been Made — Stocks Can Now Blast Off to Record Highs

Had I not been a victim of a most egregious raping in XIV, I would be laughing at those caught in it now. Instead, I find myself in a state of disbelief – yet somehow enlightened by the whole ordeal.

A sacrifice was needed to be made in order to jimmy rig the market higher. Too many faggots were selling vol premiums — living off the fat of the land like absolute pig-faced fuckheads. Those people have now been removed from the field of battle, casualties in a war that is fought on a 3-D Trump chess board.

How does it feel to be a sacrificial lamb? Rather good, might I add.

In case you’re wondering, yes, I am still not eating rotting flesh. I will likely never eat a steak again, let alone a scrawny piece of chicken. “The Fly” sustains himself on gigantic pieces of fish now — living the life of a pirate on the high seas, noshing on sea-weed whilst plundering villages. Right now, for example, I am eating an avocado sandwich with a few piece of lettuce, staring at my crypto currencies. I’m a hipster now.

Stocks are higher by 200+ Dow points today because XIV has been killed. We’re up 800 over the past two days because you didn’t read the prospectus. It makes zero sense lamenting over the details or get angry about criminalities committed upon our persons. We must pick up from where we left off and extract money from this bitch of a whore.

On that note, I am nearly up 2 on this morning’s OSTK purchase. Time to move on and embrace the #NewParadigm, ensconce ourselves in the grandeur of irrational markets thrashing about Wall Street — murdering people in its path.

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8 comments

  1. heckler

    I purchased XIV exactly one time in my entire life and was forthwith sacrificed on the alter of the vol whore. With extreme prejudice. Luckily my pot stocks and crypto proxies have me back in the game today.

    Fly do they have poke bowls out there yet? Basically raw fish, seaweed and rice.

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  2. fxtradepro

    Base metals, particularly, copper -2.5% and Crude -1.5%, Asia whacked again, and yet another retarded comment from our commander in chief pertaining to the stock market….now this is the sort of action that starts to get me thinking of the dark side….

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  3. sarcrilege

    Naaah. Forget avocado sammich. Get with times. Avocado toast with trendy genderless compadres is all the buzz now.
    https://youtu.be/krXeFq-1tlg

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  4. paradox

    Haven’t seen anyone talking about the possibility that the loss some of the rocket fuel, namely all the vol sellers and the vehicles to do it with, won’t be a good thing for levitation of markets. There has been a huge correlation of S&P spikes, v-rallies, and levitation with the previously upward trajectory of the reverse volatility instruments and traders. I don’t see how removing them from the field helps goose the index for anything more than a single relief/reflect rally (even if that rally might achieve new highs or not).

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    • mensch

      Not just that but I’m thinking Monday’s debacle might have put a floor on the VIX for now; it’s not done unwinding.

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      • paradox

        That and I keep hearing that risk parity funds have a lot deleveraging to do still. Would have discounted that as conspiracy nonsense like I did with all the talk about XIV termination events before it happened, now I take this type of info quite a bit more seriously. At least in terms of managing risk.

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  5. WrongView

    XIV is “VIX” backwards. Just got that. Clever.

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  6. moonshot

    Be careful with eating too much fish. Tony Robbins has talked about his heavy metal poisoning woes from doing that. He eventually used some kind of pressure chamber treatment to generate stem cells to help cure it. Sounds like nasty stuff. I like fish but would not make it my only protein source.

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