iBankCoin
Joined Jan 1, 1970
1,010 Blog Posts

Not much to say

Today’s action was extremely bearish. I have to tell you that you need to be paying attention to the slide occurring in financials, for the shit storm is a brewin’. However, the people that matter are on vacation. So, let’s not make too much of this. Downside bias is obvious and I’m winning. I told you that I would win this month, how I was going to win, but yet I feel as if you still don’t understand that I have won. What else do I need to do? Should I start telling you everything I’m doing hour by hour? The market is goddamned boring, so I go do something with my life. You should do the same. Instead, you sit here and look at ticks that hand over your money to me because you think you can fade the Turd. Fuck you.

Oh yeah, here are some “predictions”:

Tomorrow-
Existing Home Sales will suck. But I don’t know how the market is going to trade off them. Sorry. If the headline number is below 4M, then the market will plummet. I think there is a reasonably good chance of that occurring unless we are already down a nillion handles because this market is begging for capitulation.

Wednesday-
New Home Sales will probably better than the Existing Home Sales but too dependent on Tuesday’s trade to try to predict now. Don’t really give a shit, honestly. Real Estate market is dead. Don’t buy a house, moron.

Thursday-
Now we get 500+ Jobless. If it’s 540+, get the fuck out of the way ’cause the shit storm be here.

As far as an earnings play, I think AEO and TIF deserve a good beating, however, don’t forget to watch NFLX’s slow drop to below 120 this week. Why? Because only fucking fucktards bought NFLX above 130. Resistance for fucking morons is 120. Then we get to asshat 110 level and so on…

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2 comments

  1. Forrest1980

    zzz indeed

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  2. Surplusdroids

    Jam out with yure ham out.
    Eggselent post sir.

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