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
22,140 Blog Posts

Only Assholes Bet on Market Crashes

More on this, much later.

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46 comments

  1. JakeGint

    Market crashes are rare.

    True.

    But who said anything about a market crash?

    __

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  2. monkey fucker

    hmmm. later, ay?

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  3. Trump

    I will bet you a trillion dollars that I don’t have that there will be a market crash somewhere in the world within the next 1000 years.
    Sure, I’m an asshole, but crashes happen just like winter happens after fall.
    A natural part of life, just like my face falling off over time… it’s just gravity.

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  4. Stocksrider

    Thank you Fly for your insight always. What do you think of black swan?

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  5. heh

    Didn’t PIMCO make a man-sized bet on FNM/FRE mortgage-backed debt, knowing the government would end up backing it?

    I think this is the moment we’ve all been waiting for.

    Bill Gross will finally be able to afford a decent haircut:
    http://www.bloomberg.com/apps/data?pid=avimage&iid=i6YsbF5mF5cM

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  6. Anton Cigur

    Monkey w/Dr. X poster: Simple, but some of the best Photoshop shit ever.

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  7. Q4

    I’m a big asshole.

    Maybe

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  8. Truth

    Let me sum up The Black Swan for everyone that hasn’t read it yet….. Shit happens and it’s all lucky baby.

    Now you know.

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  9. Juice

    This Fed move is a gift to both bulls & bears.

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  10. TraderCaddy

    I’m with Juice on this one. Quite frankly the bounce thus far is lame compared to the BSC buyout pop so I want to see what the market is saying if we get a “gap and crap” and then recover or not. This bounce may only prolong the pain.

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  11. Crude Broker

    We live in a socialist fucking country. Republican or Democrat, both terrible.

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  12. Crude Broker

    Do any of you guys remember when BUD had those commercials out that were making fun of Miller light being a foreign beer? What a fucking joke.

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  13. Juice

    This week could be a relief week, not necessarily a one day or one hour affair. If it lasts one hour, watch out below.

    Either way, I’ll be shorting into this mornings party but will be leaving plenty of powder just in case its an extended melt up.

    A great quote from Todd Harrison –

    “The Fed has only so many bullets in its gun and the last one will be pointed inward.”

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  14. Juice

    Actually Bud is originally a foreign beer from the Czech Republic . And it beers [sic] no relation in taste & quality to its American cousin, who borrowed its name.

    The Czechs arguably make the best beer in the world. If you ever go there, a day won’t go by without drinking the local brews.

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  15. TraderCaddy

    I think Art Cashin just called me an old fogie.
    Fed Shmed. All of this bad debt and recession talk is giving me a headache and I want important news. I just want to know how Angelina Jolie and her babies are doing.

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  16. alphadawgg

    It’s all about investor confidence and perception right now, you all know this.

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  17. calvino

    Ah minute maid.. and I thought you were a teetotaler. Indeed Budver is a delicious brew, an appellation dating back over seven hundred years. Bohemian beers are stamped with the date they are bottled and I would generally not be very happy if it is more than four or five days past. I had foregone many solid meals for this loaf in a bottle. How’s that for freshness date Budweiser?

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  18. alphadawgg

    Jimmy “Bowtie” Rogers says FNM and FRE don’t deserve the bailout. But what’s the alternative?

    With all due respect, fuckface, they probably don’t…so, let’s just let them fail. How’s that? You win.

    Asshole. (with all due respect)

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  19. CubsRock

    Jim Rogers was just pissed this morning. I would be too if I was short FRE and FNM and didn’t cover Friday, hah.

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  20. BPOE

    Without good earnings and inflation report this is just a short cover rally. We are still in Flip/Flop mode. Flop as in cow flop. Chuck Wagon News!!!!

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  21. Juice

    Calvino, you are right on the beer money there, dude! 🙂

    freshness is EVERYTHING for them.

    this rally is lame. .. I am net short & up 2% already … unreal

    ZION shitting where it sleeps & eats.

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  22. TraderCaddy

    Some of the banks have gone negative because they are afraid there won’t be any $$ left to bail them out since the Saudis have a lien on our printing presses and they may be repossessing soon.

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  23. DPeezy

    Budvar is good, but nowhere near the best the Czechs can offer. For that, you have to head west, to Pilsen (Plzen), home of the Pilsner, the finest beer in the world!

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  24. DSB

    PPT; no AM coffee breaks fuckers. BUY BUY BUY

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  25. Gunners

    lehman reversal anyone? damn

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  26. Juice

    Agree DPeezy … I basically did a beer tour over there . Turned out that way that we had to try the local brews everywhere we went. Some people drank it instead of coffee in the morning. Its that good.

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  27. nullpointer

    holy crap this is a sorry excuse for a rally, i am actually really surprised

    we are going much, much lower

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  28. Juice

    Check out DV chart … great setup

    lean on it

    Hat tip Rev Shark – Curtis Mayfield Ode to Freddie Mac

    http://www.youtube.com/watch?v=Z9nwcpGZE6A

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  29. mrkcbill

    SBUX- will soon qualify for “The Kid’s Meal”

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  30. Richard Head

    Bank stocks are re-enacting General Custer’s last stand battle…

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  31. calvino

    csiq went hog wild , the great chinese = canadian solar company. i suggest selling the shares on the seventeen percent pop. raising revenue is not the same as raising profits.

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  32. allcash

    can someone link the jim roger interview this mornign
    thank!!!

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  33. calvino

    agree on the dv, nice alert, actually those people teach useful skills, shame. should divert money from high school curriculum for them, but won’t happen. so sell.

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  34. CubsRock

    Check front page of Bloomberg allcash.

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  35. Jakegint

    The Czechs arguably make the best beer in the world. If you ever go there, a day won’t go by without drinking the local brews.

    If one is a pilsner or lager fan.

    Ales, not so much. IPA’s/APA’s still maintain and Anglo-Saxon edge.

    Arguably, stouts and porters as well.

    ________

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  36. Jakegint

    I feel like this is deja vu all over again w. RIG this summer.

    Just like RIMM last summer.

    _________

    Jeremy/Fly — possibly the best “front page art” ever with the Rally Monkey holding Lex Luthor, irradiant.

    Kudos. Multiple.

    ______

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  37. Zenprofit

    Here is Jim Rogers article:

    http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a7hS5BuYqeR8

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  38. allcash

    u guys rock thankss alot

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  39. boca

    Jim Rogers might have been talking his book… sounds like he was late getting short FNM and FRE and got worried or pissed at the rescue. Beware the bowties.

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