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

Market Limps into the Open: PREPARE FOR ANOTHER FLUSH

This is precisely what you don’t want to see in a market following a big draw down — tepid and weak and very disgusting open. I’d much prefer to see Titanic trading action, followed by hair razing panic, than this.

On a separate note, it appears my storm door detached the trim that it’s attached to and now stands to collapse onto whoever opens the door next. I have a few choices here, one involves saying nothing and letting a household member unknowingly open said door, which will undoubtedly lead to its inexorable collapse, or fix it. I’m debating this topic, and many others, as we speak.

I was at Six Flags the other day and it bemused me to see how incredibly stupid most of the people sharing the earth with me were. You could see it in their eyes, completely devoid of intelligent thinking, unevolved folks in search of quick and cheap thrills. This sense of awareness isn’t a gift, but a curse, as I tend to view things thru a cynical lens by default — which I know is bad. Sometimes I consciously force myself to cast aside aspersions in favor of wanton gluttony or hedonism, in order to meld in with fellow homosapiens.

Time to prepare for markets. In case you’re wondering why the blog is so desolate during the day — it is because we’re all in Exodus chatting away — cavorting mind you, sashaying in a very manly way to the market’s indelible drums.

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