iBankCoin
Joined Jan 1, 1970
1,010 Blog Posts

nothing changes

Market is up on German export data. Looks like the rally stopped 1121-1125 ES range. Can you say

TSN reported truly stellar numbers as fat bastard people polluting the earth with their inhumane treatment of animals surely popular these days. Anyway, the stock is still down about 1% right now, but it’s not exactly what I was expecting. I covered for a measly gain and now want to move on.

I’m expecting today to be unbelievably boring. At best they’ll load up the dumbass truck some more in a range. So, I’m using all my Tyson profits to go out and get me 10 McDonald’s chicken nuggets. Fuckin’ chickens gonna pay for not making me rich.

Comments »

Who eats Tyson Chicken?

Yeah, me neither. Short TSN before you finish today. Officers probably spooked about wheat and other commodity costs.

I’d short this asshole too

Comments »

Bernanke is a HomoHammer Tuesday

QE 2.0 is a wet dream dreamed up by inflationary loving multi-millionaires trying to stay ahead of the poor folk with their inflationary assets. The truth is that this gubbermint aint gonna give it to em. Tuesday, Bailout Bernanke is going to disappoint everyone with no hint of QE 2.0. Seeing that everyone and their grandmother expects it, and the dollar severely oversold, look for the homohammering to continue.

Comments »

“Don’t trust your eyes”

, said the man in the hooded cloak. “Buy, buy, buy without regard for what you know is true because you don’t know enough”, he said convincingly. You were convinced. You turned to call Chuck Schwabb to buy your 1 SPY call contract and the man take out his sickle and removed your head in one swipe.

Take heed children, for max pain applies. They will load up the dumbass truck and drive it off a cliff.

Comments »

THE RUSSELL RULES ALL!!!

I think I saw someone post this recently and he or she was absolutely correct. The Russell has been leading the charge, and I predict it will lead us down. Here’s a good indication that tomorrow is going to involve a good deal of selling:

Comments »

Playing Tomorrow’s lack of Employment numbers

Unless you’re a compulsive gambler, I don’t understand why you would want to take a big position either way BEFORE the news. Sure, I think the short side is the more favorable here, but you should never go into a trade without an edge. You’re dealing with the government, economists and summer intern traders and you can’t trust any of those. What you can do is judge how the numbers affect the market, realize that we’re trading in short term overextended territory on piss-poor volume, that people starting to recognize that the change in our credit and bond markets in the last two years is minimal and deteriorating, and we’re headed into September before midterms, which prove to be seasonly poor times for the markets. (http://www.seasonalcharts.com/zyklen_wahl_dowjones_midterm.html)

I’m not trying to advise you to not short before 8:30 AM EST tomorrow, but be cautious. If you want excitement, go play in traffic. If you want to make money, short after the instant reaction is over…

I’ll be playing in traffic anyway… because I’m a whore for pain or pleasure.

Comments »