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
23,460 Blog Posts

Congressional Mandated Crash

Fuck you Congress. May your viagra pill cause pulmonary embolisms.

UPDATE: I panic sold a lot of knifing names and bought large blocks of [[SRS]] .

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78 comments

  1. death

    hello everyone

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  2. The Contractor

    Holy fucking shit.

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  3. Prospectus

    The people have spoken. They are going to get what they wanted–in spades.

    • 0
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  4. JakeGint

    Here’s she comes… a roarin’ back.

    I’m covering here.

    __

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  5. BOTD

    recount!!!

    where’s Jorge?

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  6. StockRake

    I just want to share this moment in time with everyone…

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  7. R.E.M.

    Its the end of the world as we know it…

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  8. DPeezy

    Where were you during the crash of 2008?

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  9. mdawsz

    I love the smell of napalm after lunch.

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  10. optimatis

    washout of the quarter .. all shit on the table .. next quarter closing positive …

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  11. Big Mike

    Fucking SRS….Dow Plunges 600 points, shit going backwards…

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  12. Erin Burnett's Booty Call
    Erin Burnett's Booty Call

    This is as bad as it gets.

    Until it gets worse.

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  13. gappingandyapping

    LIMIT DOWN LIMIT DOWN!!!

    VIX 46

    DEATH

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  14. Yogi & Boo Boo

    Vote’s still open according to Bloomberg. No changes so far.

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  15. quick

    Me, or death

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  16. wb

    $488B more for Iraq? No problem, let’s do it again and again. $700B to stabilize the economy? No way.

    This country is screwed up right now.

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  17. anjing bau

    what follows a crash?….this is why you went to cash

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  18. Gwar

    McCain just lost the election

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  19. Cake

    No, ME or death…

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  20. Erin Burnett's Booty Call
    Erin Burnett's Booty Call

    I have a sudden urge to liquidate all my stocks. Even those 50 year long term holds.

    I’m resisting, but if we’re down 20% from here I’ll be fucking pissed that I didn’t.

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  21. Danny

    Sweet jeebus

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  22. hhhwatt

    I very much dislike the VIX

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  23. Anton Cigur

    Cake, please.

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  24. Yogi & Boo Boo

    Vote Closed. Bill rejected.

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  25. Anton Cigur

    Oh, you’re out of cake I see.

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  26. Anton Cigur

    Jake,

    Can I borrow some of your Skiffles?

    The old ones will be fine.

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  27. The Greater Depression
    The Greater Depression

    Didn’t I tell you guys I was a comming?

    Blue skys…. nothing but blue skys….

    wow!

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  28. Erin Burnett's Booty Call
    Erin Burnett's Booty Call

    Now all I want to see is each and every Republican fuck get anally raped come November.

    Fuck.

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  29. Andrew Mellon

    I’m so proud the House had the courage to exercise their patriotic duty and vote this bullshit bailout bill down based on ideology. God bless the morons of America who put the pressure on their elected leaders.

    Let the liquidations, defaults, bankruptcies and layoffs begin.

    Well done.

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  30. Yogi & Boo Boo

    Any side bets on how low we go before a bounce?

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  31. Flux Capacitor

    Fuck you, Wall Street Crooks. Not a damned dime. Let them eat pavement; spend the $700bn building new highways and nuclear power plants.

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  32. B.Biggs

    Shit sandwich

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  33. Hard Right

    Now who doesn’t understand? Liquidate the banks.

    • 0
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  34. sniper6

    wow, my lottery ticket WDG finally pays off, hahahaha!!!

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  35. Awake

    God, i’m 85% cash right now and I’m scared as piss to get in on this

    always darkest before the dawn but this is some fucking scary shit

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  36. Market Fool

    I knew seeing Mr. Mortgage on CNBC was going to cause mayhem.

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  37. JakeGint

    Geeeeeeeeeeeeehhhhht your kix on Vix forty six!

    __

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  38. CubsRock

    As usual, I’m the only fucker buying this panic. Man up ladies.

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  39. El Tiberon

    sniper6 realign your scope…you know what a reverse split is right…nt what you want…

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  40. Aunty Entity

    Welcome to Thunderdome!

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  41. El Tiberon

    I like healthcare economy falters and so does people’s health…

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  42. Donny

    Well Fuckers, I’m back and thrilled to be 100% CASH!

    http://www.youtube.com/watch?v=vfyayWe6_oY

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  43. optimatis

    who needs a congress bill when the fed injects $630 billion ?? congross should close the fed ?? btw who owns the fed ? no one knows !!!

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  44. Juancho

    Hey look, Cramer just called a bottom!

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  45. Juice

    http://finance.yahoo.com/advances

    Someone take a snapshot of this historic advance/decline

    98% down volume!

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  46. The Zombie

    Hey, no fucking gloating. Unless you are The Fly (God), please do not gloat today.

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  47. 1/2 of a funny paranoid retard
    1/2 of a funny paranoid retard

    I’m looking more and more sane, by the day…
    Anyone want to put on a foil hat, bring some gold and silver and join me in my bomb shelter under my house?
    I’ve got all sorts of gold and silver and stuff tucked away….
    I can even tell you the stories, about how everyone, even those who appear to be your messiahs from what you once thought of as a messiah, is actually a part of the plan…
    People think one party will save you from another, and then you think the fed can save you from the party, and then you think people like Ron Paul can save you from the fed…
    it’s all the plan….

    Funny how EVERYONE becomes alerted about the value of the dollar, and how it’s in danger, and then IOUSA comes out RIGHT before Congress is going to vote on a bailout. Now there’s this revolution, thinking that by telling their congressmen and women, that they’re going to save the dollar, and nothings going to happen, etc, etc…

    David Icke, Ron Paul, Alex Jones, Bill Clinton, Bush, Obama, Greenspan, Bernanke, they’re all involved, even though many of them don’t know it, and are simply “useful idiots” (some more than others). helping an elite group of “circle jerkers” who are more delusionsal than Ive ever been, and they sit around some elite round table, sommoning/hallucinating lizardlike gods that tell them what to do.

    Why would I lie? I’ve got tinfoil on my head that knows when the sky is falling, and it is! And the sky is made of blue chese too!

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  48. Mr. Lover Man

    I said earlier today that EEV was going to $150, but I didnt mean today.

    Holy shit

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  49. Danny

    Wait for the flush you morons.

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  50. Danny

    I’m gloating like a motherfucker.

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  51. RC

    Cubs, NOV down $10, you know what time it is.

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  52. BOOMER

    I missed it I was in a meeting.

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  53. sniper6

    thanks El T, I guess I shoulda read the proxy shit they sent. Me so wee todd did

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  54. Ozark Hillbilly

    WB is about to start trading. Why the fuck now, I don’t know.

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  55. Awake

    Cubs: I’m never short of cajones, but much like Jeff Macke said last week, I don’t trade a market where I don’t know the rules, and they are making this shit up as they go along.

    Dow could go 2000 fucking points in either direction this week. And unless you managed to borrow fly’s time machine, don’t be so quick to congratulate yourself if you get lucky and catch it, because that’s what it was, luck.

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  56. Anton Cigur

    Ozark,

    Comic relief.

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  57. Really B Qualified
    Really B Qualified

    WTF ????? Why does my name keep changing ???

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  58. CAP

    Shit and I said the market would be down atleast 500 looking at Europe

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  59. sniper6

    this really is the best entertainment I’ve had in a long time

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  60. Ozark Hillbilly

    It is pretty fuck entertaining. And funny if you are short. Muhahahaha!

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  61. Donny

    Though the shit is approaching the fan, it isn’t there yet. This market can easily drop further. The risk is not worth losing your balls.

    Patience Fuckers!

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  62. Juancho

    This is truly some epic shit.

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  63. InternationalGroupie
    InternationalGroupie

    cause for failure: last speech by the house speaker….fucking bitch!!!

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  64. El Tiberon

    Hot off the Bloomberg press:

    “I fear that ultimately it may not work,” said Representative Jeb Hensarling, a Texas Republican, a leader of the opposition. The plan may put the U.S. on the “slippery slope to socialism,” he said.

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  65. Awake

    Boehner is a badass, I live on his street back home in Ohio. He’s a damn good guy, Pelosi is a crazy fuck, you guys wouldn’t believe the stories I have on her.

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  66. Barney Frank, Gay Politician
    Barney Frank, Gay Politician

    Well, how’d we do? No need to thank me, just trying to help!

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  67. Danny

    Donny is correct. Stop guessing. YOU DON’T KNOW.

    I am emphatic. Give me your money instead, so I can buy beer, video games and hookers.

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  68. Yogi & Boo Boo

    I wonder what Ben and Hank are thinking about now?

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  69. Ozark Hillbilly

    Yes Donny, patiemce is the key. Although I enjoy being the evil scientist on the short side, I would much rather buy and hold some tasty tidbits that the market is about to cough up.

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  70. short on rimm guy.
    short on rimm guy.

    well..
    its all about picking the right side with the right timing.

    hugs to all, specially those of you who wont buy any christmass presents this year.

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  71. Barney Frank, Gay Politician
    Barney Frank, Gay Politician

    I like Doug here, oh thorry, I mean DUG.

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  72. THE DEVIL

    I’M SORRY…

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  73. charlie

    the Chinese fire drill will continue in China, so grab some FXP.

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  74. Barney Frank & Chris Dodd

    What are we doing with these suitcases?

    What suitcases?

    __

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  75. Awktalk

    Hookers and blow, the best investments. I’m so glad I don’t save any money and can laugh at all you fuckers losing all of yours.

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  76. Grandpa

    Yogi, they are thinking who’s going to cum on the cookie first and that they are going to make the entire Nation eat it!

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  77. Yogi & Boo Boo

    YUK!

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  78. NNCOCO

    SRS is a shitty hedge today. What a joke.

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