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
23,445 Blog Posts

Japanese Stocks On Their Way to Zero, in Early Trade

The NIKKEI is down about 4%, give or take. Frankly, those wii making losers deserve it, and more.

In other news, Chinese stocks are up, as secret shadow governments conspire to drive prices up until the Olympics. As you know, the Olympics will bring in zillions upon zillions of worthless dollars into China’s burgeoning communist economy.

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20 comments

  1. ParkSloper

    Forget those sandal wearing goldfish tenders!

    The SHOW has arrived!

    http://www.king5.com/video/featured-index.html?nvid=205525&shu=1

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  2. Dinosaur Trader

    No worries, Obama won in Iowa. He’ll save Japan.

    -DT

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  3. phatfriday

    kobe beef needed to be taken down.
    fuck the japanese and their 50 dollar hamburger.

    viva la small batch bourbon.

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  4. Green Writer

    The Nikkei was supposed to break out last year, but small penis business men could’nt pull da wabbit out of da hat.

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  5. Low Tick

    Fly, will you sell any of your FXP position tomorrow above 90?

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  6. howie

    so.

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  7. calvino

    I want to see the Hang Seng, Shenzen and Shanghai do a running swan dive from the ten meter platform into the kids end of the pool. The shitbirds have been fuccing my buying power long enough. Unfortunately, they are not cooperating today, and bidding our futures. Although I do love FXP, I want to see doodoo bidu at 40 and jrjc at 3 and ej at 3. It’s personal. Fly, if you grant me those wishes, I will acknowledge your preternatural powers publicly. I will also be rich.

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  8. Green Writer

    Calvino,
    While there is downside action to be had most of the companies you mention have little or no debt, cash on hand, and are begining to generate cash flow. So I’m afraid your wish won’t come true unless the Chinese market goes below 1000..and that probably won’t happen for years to come if at all. Face it even if growth gets cut in half they’re still growing GDP at 5%. A bubble is rising in China, but when will it burst?
    Fly thinks it will burst soon…hope he is right for your sake.

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  9. gappingandyapping
    gappingandyapping

    Wonder if FXP will go higher 🙂 I loaded up today again.

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  10. howie

    so..

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  11. Chief_Rottingtooth
    Chief_Rottingtooth

    ….Fly left the keys in the Time Machine last night….I went for a quick joyride….very, uhhh…unnerving, to say the least…Fly finished 2008 up 37 per cent….was selling a Fly branded PicoP in his online store…..last I saw of him, he was playing golf with Tokeman and Tobin Smith….and he had grown a silly mustache, similar to the one that Le Petomaine had……

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  12. BOOMER

    http://www.marketwatch.com/news/story/land-leather-nearly-halves-after/story.aspx?guid=%7B0BFDBC9C%2D2F81%2D4200%2DB198%2DF38277C5D3ED%7D&dist=hplatest

    Maybe it was their brand? Big in the GLBT community, but not so much with me.

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  13. JakeGint

    Only a father of kids of a certain age would know the truth about exactly how much those “Wii making losers” deserve it.

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  14. gappingandyapping
    gappingandyapping

    OH GOD those numbers were shit! Not covering a fucking short at all. 75% short and will stay steady, fuck me those were nasty.

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  15. JakeGint

    Boom — do those guys have stores in the US? I’m in the market for a leather sofa…

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  16. nullpointer

    fuck me running.

    bad day to be a bull.

    damn it.

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  17. calvino

    ‘I’m Ray Barboni from Miami’ said the otherwise known Mr. Bear. The bull is going to be aka Harry. Thanks for controlling them numbers for me Fly. Although I already said yesterday, if you thought the 40,000 yesterday was bully, I’m on the other side of your trade. But did you see those futures do the swan dive? I wish I was in the room with the asshats who were bidding + 4% in the premarket.

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  18. JakeGint

    FYI, recall yesterdays Cubes “homo hammer line of death” was at $50?

    We’re below that in premarket.

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  19. TraderCaddy

    C about to go +.

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  20. TraderCaddy

    … and back to -.

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