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
19,851 Blog Posts

LET THE CHAMPAGNE FLOW

I know the market is a little dicey, news flow a little fucked up and small caps suck. But like any good religion, you need faith to believe in this shit. The fact you’re still here reading means you’re looking for someone to tell you what you want to hear. You don’t need some bear-fucker professing end of world scenarios. You want to know that someone out there is in the open seas fishing for whales, not for the oils, but to eat said whales. I am such a man.

Markets should be sharply lower, but they aren’t. Rates are not going higher, in spite of what all of the morons suggest. The economy, aside from manufacturing, is fine. The homies are blasting higher and Apple is near record highs. Ergo, I sense without a doubt — we are going to barrel higher.

I put some more money to work today.

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9 comments

  1. rigged game

    Your sense is nonsense. There are so many things
    wrong with this “propped-up-by-PPT-Banks-Brokers”
    market that WAITING for a 20% plus drop is in order.

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    • acehood

      Think about how much money you’ve missed out on over the past decade saying this shit.

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      • it is showtime

        If you’re happy with a fake society, fine
        I’m not, and i believe it solely concludes with reckoning

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        • cancel19

          Trade the market or the farce in front of you. I learned that the hard way as a stupid Engineer/Scientist/Entrepreneur trading with my profits after selling my business. #gowithdaflow

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    • og

      30-40% drop already happened in a lot of stocks. Did you miss it?

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    • Dr. Fly

      STFU BITCH

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  2. numbersgame

    We’ll see how much of a businessman and negotiator Trump really is:

    https://www.zerohedge.com/economics/african-swine-fever-devastates-chinas-pig-herd-september

    “Xi, sorry to hear about your pigs. Did you know that the US is the biggest food exporter in the world? So we have a lot of food, and you desperately need our food. Interesting development. Now about that IP protection…”

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    • MSGT HARTMAN

      I worked with ChiComs for 10 years. Family oriented, very respectful of others, hard working raising decent children.

      Look under the hood and you’ll find that they hate America, hate capitalism, the Premier is God Almighty.

      And what’s really hilarious is the ones that went through the cultural revolution. They were beaten, starved and made to work on beet farms for two years, they are the most ardent Communists.

      I know one guy with an IQ of about 165 and they immediately took him out of college and sent him to a reeducation center, eating rat meat and rotten rice, working 12 hours a day. Here he’s pulling down 6 figures developing software for a medical research college. He still hates the US.

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      • numbersgame

        So he was sent to the camps as an adult, then sent back to the US and is working here? How does that work?

        The story brings up a lot of questions:
        1) Why did they wait so long before indoctoring him??
        2) Why did china let him go back to the US (unless he is a corporate spy)? Does he have family in China that is in danger (hostages, basically)?
        3) Why did he tell you about the camps if he hates the US and like communism?
        4) Why does he like communism if he wne tthrough the camps? Does he think it was a good idea/expereinece in retrospect?
        5) Why was he *allowed* to tell you about the camps?

        Anyway, I don’t expect you to have the answers, but that is so odd.

        For a different inside view of part of China:
        http://www.pbs.org/independentlens/films/peoples-republic-of-desire/

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