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
20,574 Blog Posts

Ok, Maybe Fear A Little Bit

There are days in the market when everything seems clear and simple. Other times I have no idea what I’m doing and I realize this and trade small in order to prevent myself from exploding. The past week, in spite of my grandiose winning streak, has been mostly luck. I bought some stocks, closed my eyes, and Mother Market did the rest. The past two days, however, we’ve been seeing wide divergences between small caps and the overall market. Right now the Dow is off by 200, Nasdaq only 10 — but the Russell is off by another 1.5% on top of yesterdays -2.5%.

Small caps are owned by weak hands and they are getting flushed the fuck out. We all know the issues with the economy and how this entire rally has been one giant fever dream. So the second I start to see some momentum to the downside, I am immediately on the look out for afternoon rapes. We might find ourselves accosted, severely, by sellers this afternoon.

Presently, many of my PIECE OF SHIT positions are higher, incredulously — more luck involved there. I do have a HANKERING for gold and sense the fear building up slowly as the tide recedes and the swimmers of this rally are revealed to be hideously deformed monsters with mangled bodies and faces.

WE ARE ON THE LOOKOUT for bowling balls rolling downhill towards us at all times. I haven’t seen enough to get net short again. But honestly, I really want to see it soon.

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19 comments

  1. ericbakerbruce

    Sometimes when I fart, I get a boner.

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    • peaches

      This does not surprise me at all. The subconscious is incredible.

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    • metalleg

      Admit it, you get a boner when your girlfriend farts.

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  2. lepit90431

    Start your home business right now. Spend more time with your family and earn.Start bringing 55$/hour just on a computer. Very easy way to make your life happy and earning continuously………………w­w­w­.­P­a­y­b­e­z­z.com

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  3. peaches

    gold does not give any fucks

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  4. richardweiner

    “I hate the gooks. I will hate the gooks as long as I live.” John McCain

    Well said Admiral McCain. Well said. Rest in Peace.

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  5. numbersgame

    Market down on shockingly bearish statement from Powell in his interview today He went totally off-script, and off the rails and even I can’t beleive what he said:

    “The Fed balance sheet cannot go to infinity”

    Sacrelige!

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  6. purdy

    “I hate the gooks. I will hate the gooks as long as I live.” Not wanting to feed richard, but…
    For those of you still using deep state search engine Google, search this famous and much debated McCain quote using Google, then use Bing or Duckduckgo.

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    • ericbakerbruce
      ericbakerbruce

      Do the same search with “farting boners”

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    • og

      You know he’s dead right?

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    • numbersgame

      He said that he is specifically referring to the guards that tortued him and **his friinds**, so I don’t see a problem with that. I’m sure that Holocaust survivors don’t use nice terms referrring to their Nazi guards, either.

      Of course, I’d bet that the only torture our resident Dick has ever had to endure was internally originated by at his own inadequacies. He’s just a Dick that needs to be banned. Maybe if he is banned, he’ll make the world a better place by either turning his life around or committing suicide.

      PS I also searched for “farting boners”, and a picture of a fat dude with a pencil between his legs showed up..

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      • alty

        Glad to see you and your sense of humor back around these parts. Missed my daily dose of reality

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      • purdy

        MY POINT, of course, is that Google is not an honest search. Truth matters.

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        • numbersgame

          True, but Google doesn’t *claim* to be an honest serach engine.

          What they cliam is to be the best at showing you the saerch results that you were looking for. So Google will just help you build your bubble and reinforce it. I;m guessing that for MAGA supporters using Google, the Johnn McCain quote shows up just fine.

          People don’t want honesty (for the most parts), they want confirmation of thier biases.

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        • numbersgame

          Recent example:
          Do you beleive that the arsonists and vandals we saw last night in various cites are:
          (1) they real face of the protestets or
          (2) false flag operations of Russians and white supremists?

          Doesn’t matter what your opinion is, but Google will tell you that you are right.

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  7. matt_bear

    i’m riding FEYE yolo 12’s.

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  8. alty

    Hope no one sold in May. Plus 7.5% for SPY

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