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
20,793 Blog Posts

DOW SHATTERS 30,000, AS THE MOST BUBBELICIOUS BUBBLE OF ALL TIME CONTINUES TO INFLATE

I closed the session +336bps and I cannot take credit for it. The market is on auto-pilot to outperspace now, where the painting is surreal and the scenery all fake. As we cascade and fall towards it — I imagine a blackhole will appear at some point, a gravity crushing void, and annihilate us for good. I’ve always taken a fatalistic view on things, perhaps as a defense mechanism from being melancholy.

Some people walk the black dog and wallow somberly with it. I tend to take a more violent approach and view everything in decay and it saves me from the doldrums. I can never truly be happy — because there’s too much to do and too many things needing repair.

These are the best of times and I feel like I’ve written that before. We are in a continuous melt-up and it’s eternal, something to behold and savor because when this deck of cards collapses…you’re all gonna be in the streets swimming in your own feces.

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9 comments

  1. CoinSpeak

    As my friend summed it up a few weeks ago: “Life is gay now”.

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    • emersonlakepalmer

      As a heterosexual alpha male, I will be punching life in the face.

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  2. it is showtime

    Synthetic

    https://www.multpl.com/s-p-500-price-to-sales
    Mean: 1.57
    Median: 1.50

    S not about to
    catchup with, P

    see my,
    finger

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  3. charliehorse

    Yawn

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  4. Mr. Cain Thaler

    So the million dollar question; will the market shit itself immediately after Black Friday sales are the worst in a decade, or wait until Georgia hands McConnell the leash to presidency in January?

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    • moosh

      I’ve never paid attention to this stuff, but have the black Friday sales always started on the Monday before?

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  5. purdy

    Great times for armchair warmongers …especially if they have a pleasant look and delivery style.

    Always-wrong Tony Blinken and various always-wrong, vagina-enabled, warmongers (appointed by Biden’s handlers) look forward to sending your 19-year-olds to the mid-east and North Africa to kill brown people.

    Hmmm, why do those brown folk hate us?

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