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
21,907 Blog Posts

A Special Message From Merlin

Poof. Your bullshit closet and market reversal is gone.

-Merlin

Parting thoughts: I thought [[USB]] was ‘best of breed’?

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23 comments

  1. Cajun

    fuck you Merlin!

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  2. Merlin's Gay Sorcerer Friend
    Merlin's Gay Sorcerer Friend

    Two finger snaps, girl!

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  3. Mervin, Merlin's Evil Twin
    Mervin, Merlin's Evil Twin

    This cannot BE!! You were closeted!! The Credit Crisis is contained! The Short Sellers are dead!

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  4. Danny

    Ain’t no Merlin I eva herda gettin trapped in no closet fo long…

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  5. R Kelly

    Tell Merlin to go find his own crib or I’m a have to piss on da bitch.

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  6. Donny

    Abracadabra

    CRUDE -$6.60
    DUG 8.60%

    POOF that!

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  7. CubsRock

    If a day like today doesn’t cause capitulation nothing will.

    Pathetic attempt by bulls.

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  8. Maria The Whore
    Maria The Whore

    You will not get your capitulation until I return from vacay.
    *cackle cackle*

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  9. Danny

    today was def not capitulation.

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  10. Mervynn's the Wizard of Dime Stores
    Mervynn's the Wizard of Dime Stores

    Poof!

    I curse all retail for the next 100 years!

    Especially that slutty little ANF!

    __

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  11. hmm

    Monsieur Fly, what are you doing with the stupid holding of yours UYG ? sell it or use it as a hedge for all the ass kicking shorts you have in banking ?

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  12. Donny

    I completely concur with Danny … no motherfuckin’ way we’ve seen capitulation. I want to see the .vix skyrocket in an epic event, and complete flushing of the markets. We have yet to see that!

    I want to see that bald fucker, Larry Kudlow, tell everyone that this is no time to be long US stocks. <---That's Capitulation. Well, maybe not that far. I think a snow cone has a better chance surviving hell, than Kudlow tellin' fuckers to sell their stocks.

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  13. globalx124

    Thinking “T’s (rillions)” as opposed to “B’s(illions)”.

    The “Great Global Derivative Unwind” remains perched in the Bottom of the 4th.

    Are there any “Live” arms left in the Bullpen?

    Will the “Game” witness the 7th Inning stretch Or, be called due to Darkness and or Thunderstorms?

    Baseball and Apple Pie.

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  14. punyandy

    Nice job, CBI. Nice fucking job.

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  15. Gunners

    SEC to limit short selling on FRE and FNM? http://www.bloomberg.com/apps/news?pid=20601087&sid=aPE.Apdv7m2E&refer=worldwide

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  16. Jakegint

    Long term prediction dept:

    GE to $20.50

    and then

    GE to $14.00

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  17. Hank Paulson

    Merlin, you’re dead! You’re fuckin’ dead! You hear me, you gay Houdini fucker?

    I’m pissed after today! I wanna kill somebody!

    Fuck! They sold off the bank stocks despite my warnings! Fuck, fuck, fuuuuuccckk!!

    Blow me! You’re all dead!

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  18. InternationalGroupie

    Committee to the baldy: of course we trust you, lex. Its just as soon as the next bastard takes your seat (2009), he’s gonna rip our balls off with trillions of debt, meaning more currency deflation to offset trade deficits.

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  19. Hey Fly

    UYG a buy below 15 ?

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  20. Jakegint

    From Gary Savage’s (The Smart Money Tracker) subscription service* tonight:

    “Now let me point out that the extreme stress in the financial sector is most likely going to require the Fed to continue cutting just like Japan did. However they can’t do it as long as oil is at $145 a barrel.

    I expect a lot of pressure to be put on oil in the coming weeks to allow the Fed to continue cutting to save their banking buddies. I wouldn’t even be surprised to see Congress pass whatever laws are required to drain a significant amount of liquidity from the oil markets.

    I also wouldn’t be surprised if this happens right as oil corrects naturally. The outcome would be to drive oil much lower than the fundamentals call for.

    Do you see how we could already be setting up the next rally in oil?

    The reason oil rallied so much during this leg is because of the suppression in ’06 to allow the Fed to stop hiking rates. I think the powers that be are going to set up the same mistake all over again.”

    I’d love to get Crude’s take on the above.

    _

    * with the author’s permission.

    _

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  21. Q4

    I love the summer and this crazy market. Enjoy the fruits of your labor.

    She Got It

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  22. The Fly

    Jake:

    That’s all random thought and wild speculation. I’ve been hearing that bear oil argument for 6 months, yet here we are at $140.

    In short, fuck Gary and his nonsensical rants.

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  23. JakeGint

    Fly,

    Check yo’sef, hatah.

    Gary has been an “oil bear” for all of about a week now, and is a commodity bull for the long run.

    Oh, and spot on in almost every call (save for a brief dalliance w. FXI) since about mid-October ’07.

    Sometimes it pays to accept input from other sources.

    You may be a rock, Garfunkel, but no man is an island.

    __

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