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
20,692 Blog Posts

Fade the Fed

The Fed dropped the ball.

I’m taking profits on a variety of names, which have run up in recent weeks.

With the proceeds, I’m “betting against China,” via FXP.

No one is happy with the fucktarded statements by the Fed. They’re oblivious to the real risks in the system.

Do yourself a favor, take profits, relax—then eat a sandwich.

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35 comments

  1. Bison Burger

    I bought some FXP leap calls to preserve capital. Where’s H.L. Wang?

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  2. newequity

    you dumbass, how’d you like the spread on those calls? why would you buy those? fucking a.

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  3. Pudfucker

    Man, Erin’s giraffe dress is low cut. I kept waiting for one of her little tits fall out.

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  4. Steve

    I think I’m going to call it a year. I have no idea where we go from here.

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  5. mrkcbill

    Vikram Pandit- I thought that was Jake’s new handle.

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  6. WhoMe?

    Instead of Benanke cutting rates enough, he decided to cut Santa’s balls off instead.

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  7. Maria Bartiromo

    I am a fucking idiot.

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  8. JakeGint

    I already took profits.

    Now I am accumulating more of them.

    Odd, no?

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  9. santa claus

    shit, i should have worn the green fucking suit.

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  10. JakeGint

    KC — I worked for him briefly. Smartest fucker I ever met.

    Buy C.

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  11. Mr. LIMM

    Wheah is Mistah Swea’n’gen?

    (Uddahwise known as “Fry”)

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  12. Woodshedder

    Hmmmm…

    Gosh.

    The charts do not lie.

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  13. JakeGint

    Wood, he won’t “say it.”

    I think that’s disingenuous.

    You?

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  14. jeff

    http://finance.yahoo.com/p?v&k=pf_28

    How about some PWE? what is the best fellers?

    I like dividendz

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  15. Steve

    DevilDog should be here any moment.

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  16. Woodshedder

    Okay. Let the bearshitting begin again, in earnest.

    There, I said it Jake.

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  17. big snacks

    using 40 point fill in .. in the spx to buy names.. trid, hov,cfc, acf. I believe this the last chance you get to buy stocks this year.

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  18. kentucky

    rich man’s bourbon tonight. by the case.

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  19. Randolph Duke

    we’re fucked

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  20. sdufour

    there you go again fly, crying for a bail out by the fed…lol…I always knew you were a dem

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  21. dig'em

    WaMU getting schooled, where is the cat that bought 5k shares at $20. ouch must short it til BK.

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  22. Woodshedder

    I hope everyone is selling all their RIMM, as fast as they can. Wow. Good times for the Woodmeister. Keep selling it boys.

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  23. The Chad

    Who was asking about where the bears went the other day?

    We were preparing to EAT YOUR FUCKING SANTA CLAUSE! I personally will shit down his throat and return all presents to Best Buy while simultaneously shorting every stock in the market… not the index, but each stock.

    Ok… I feel better now.

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  24. holidazed

    Alex Tokman’s recipe for egg nog includes pico pee.
    (and other ingredients used to piss off shareholders)

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  25. BOOMER

    I AM BUYING BOOM HEAVY RIGHT HERE. 60 handle

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  26. newequity

    you been buying heavy for years , when will you get a margin call?

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  27. BOOMER

    i dont use margin

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  28. BOOMER

    loading at 60.24

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  29. John Meriwether

    You bears are pussies

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  30. brian

    dig I’m the wamu guy I will add in the 16’s man it all good in a few years I shall be richer for it. long term on this one see ya at 45 in three years

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  31. Frosty

    WOOD…what about those solar plays…you like reading the tea leafs…darkside WFR and then there is VMW pig, that has a good shot ending the year at $60.

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  32. newequity

    Fuck mr. market. just got boned hard on my AAPL, RIMM, and AMZN calls today.

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  33. acropora

    fuck you bulls, youre dead!

    fuck you dollar bears, youre dead!

    fuck you AG longs, (you will be dead soon)

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  34. broken A

    fuck you acropora, you’ll be dead soon

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