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
23,446 Blog Posts

Words of Wizardry

A great man once said “I want an armageddon asap!” This thought and sentiment is exactly how I feel, truth be told. Just bring it on already. Fuck all of the foreplay. Let’s see tanks roll over protesting hippies in D.C. and U.S aircraft carriers sink shrimping boats off the coast of China.

I am greedy. I want it all.

I want real fiat currency to be worth less than the monopoly variety. And, I want to see most stocks go to zero, INCLUDING all of the inverse etf’s.

RIM SHOT!

Aside from all that, Japanese business sentiment is so bad, they might as well bring back the samurai and attack China on horseback, and shit.

Oh, and Obama said GM should go bankrupt. SHHHHHhhhh, don’t fucking tell anyone. It might cause a stir.

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95 comments

  1. MasterDebater

    Zombie loves him a shrimp boat. Oh, nevermind, I was confusing that with glass bottom boat. And that IS different.

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  2. Yes, I said it

    Im gonna put a bullet in his head, Iie up his kids, bang his wife, then spit in her face when Im done.

    Brooklyn Style

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  3. Anton Cigur

    “Fiat currency” soon to be devalued to “Fiat-Chrysler” currency.

    The currency that breaks itself.

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  4. BackAndFill

    I’m with you. Enough pussyfooting around, bring on Armageddon!

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  5. mb

    S&P to 10,000

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  6. mb

    gogogogogo

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  7. Eric

    All of that is premature thinking for you.

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  8. TheArtist

    Fiat was just downgraded to junk status by S & P.
    and Chrysler wants “them” to help them out.

    sounds like a whole buch of last minute begging and hand off fuckery if you ask me.

    Just let the sorry ass companies fail and be done with it. let the japanese build the fucking cars. we need to concetrate on the only thing we are good at anyway….bombing small countries, and building bigger bombs to bomb even smaller countries.

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  9. TheArtist

    by the way, XOM is getting back on track, all it needs is to drop a smidge more, say down to 42.00 and I might just buy it “long” just for fun…….

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  10. so i herd you liek mudkips
    so i herd you liek mudkips

    Bloomberg Tee-Vee just reported on Obama snubbing GM towards bankruptcy and Bloomberg called around and people said the valuation of GM is 1% below book and Ford is 5% below book (even though Ford hasn’t taken any government money).

    THE BIG NEWS IS THAT OBAMA IS GIVING UP ON CHRYSLER AND CHRYSLER MAY BE CHOPPED UP AND SOLD

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  11. Bman

    Check this out —

    Special Alert: U.S. Currency Exchange Controls
    by Patrick Wood, Editor
    March 31, 2009

    http://www.augustreview.com/news_commentary/global_banking/special_alert-looming_u.s._exchange_controls_20090330116/

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  12. you may have said it
    you may have said it

    but why. at least once a day we get to hear about you wanting to rape or beat up women or kill people. or is this specific message directed at our president.
    Fly– HELP

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  13. so i herd you liek mudkips
    so i herd you liek mudkips

    Bman, did you see the homepage of that website? They keep going on about the “Trilateral Commission” and combining the USA with Canada to create a super-nation. Crazy kooky conspiracy-theory shit.

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  14. No I didnt say THAT
    No I didnt say THAT

    about our President. Are you crazy? You shouldnt even joke like that. I said it about FLY’s neighboor who was walking their dog and got caught letting it take a crap on FLY’s front lawn.

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  15. MOOBER

    Cutler out at Broncos. Maybe the Titans will get him? That would be great.

    http://www.denverpost.com/ci_12040620

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  16. Fman

    so i herd you liek mudkips:

    tell your boss to lick my hairy nutsack, you paid-for disinformation communist piece of shit.

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  17. so i herd you liek mudkips
    so i herd you liek mudkips

    manatrader: pictures are shooped. april fool’s day “joke”.

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  18. Titans? They love Collins and have Vince “2 on the Wunderlic” Young… Cutla to the Jets!

    How are the Asia markets rocketing?!

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  19. Treepart

    NY Jets will beg borrow and steal to get Cutler.

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  20. Surfdude

    I’m going to have another couple beers and a few shots. Maybe then i can make sense of this post

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  21. arnoldsimage

    was wondering when you were finally going to say something with susbtance.

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  22. pope

    It applies to all of us.

    http://www.youtube.com/watch?v=y-AXTx4PcKI&feature=related

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  23. jim cramer

    markets goin to 50000 after i do another line.

    BOOOOOOOOYAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

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  24. hammy

    nasdaq head & shoulders? let me know what you think:

    http://farm4.static.flickr.com/3441/3402975249_04d8e754f6_o.png

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  25. charlie

    lol @ jim cramer

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  26. The Fly

    I just broke my arm.

    Developing…

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  27. Goin'Fawr

    Dead cat bounce, bear rally, whatever you want to call it; More fuckery is coming our way:
    “Specifically, this Thursday, April 2, the FASB, under pressure from the government, will vote on policy changes related to “mark to market” accounting standards that almost certainly reduce the amount of write-downs companies must take on illiquid and hard-to-value investments. While loosening accounting standards could trigger a backlash from investors, already unhappy with the culture of obfuscation that has dominated Wall Street, an even greater potential exists for a celebratory rally to occur, because the proposed changes in accounting standards will cosmetically improve the balance sheets of the nation’s struggling financial institutions.”
    David Galland
    Don’t shit your shorts boys! Go commando for awhile, it may save you a red coloured skid mark. Or who knows? Now that you know, maybe those in the know will know what to do.

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  28. j

    manatrader

    It’s an April fools joke, you nimrod

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  29. Goin'Fawr

    Bman: Excellent post, bud. Great link. A nice wake up call for all Canadians I would imagine. Ever see the Cdn. film “The Take”? Could Canada be the next Argentina? Go Canuckistan! They really need to shake their government like an ‘etch a sketch’, and start over. Like some other NA nation I don’t think I need to mention. Toldja you all shoulda voted for Ralph Nader!
    I await Jakegint’s derisive jingoism…

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  30. Anton Cigur

    “I just broke my arm.”

    I hope that’s some kind of metifer (sic).

    Heal well. Do the therapy. Fuck the pain, take the meds.

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  31. mike

    Some dark & ugly posts tonight. April 1st?
    Fly: hope you’re joking.

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  32. mike

    …and it’s not even a full moon…strange

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  33. Mushroomz

    Does it have anything to do with wishing death upon mother market when it is in furious bull mode?

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  34. Mushroomz

    That would be a lame ass April fools joke. Plus Fly is prone to Clark Griswold type antics.

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  35. newsboy

    fly broke an arm, can’t type any more, so he takes on a new partner for ibc. who will it be?

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  36. j

    the dog?

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  37. hammy

    DEVILDOG wouldn’t be bad. he called “new lows” in a comment in this article fly wrote in february, and was pretty close:

    http://www.ibankcoin.com/flyblog/index.php/2009/02/04/bullish-bullshit/

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  38. The Fly

    The arm is fine.

    False broken arm alarm.

    It happens all the time.

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  39. Anton Cigur

    Funny, “Craig.”

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  40. CG

    Fly,

    For all the fuckery regarding the end of quarter here is an old link.

    http://quantifiableedges.blogspot.com/2008/03/what-are-chances-market-gets-marked-up.html

    Engage the passion, rise the blood pressure and give us the daily fucking dose man, COME ON! I love it and deserve it! I’m a fucked up neglijable.

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  41. mrkcbill eagerly awaits Madonna’s next adoption news.

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  42. CG, he made no mention of last day analysis on quarters involved in a severe recession, where funds were at risk of losing their investors money. profoundly, i think he might have found a different result.

    but the sample may have been too small to draw a statistical conclusion.

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  43. Heaterman

    This just in from Zacks. C’mon Fly you’re lagging behind. 🙁

    “Combing through more than 100 stock charts every day, Zacks world-class expert, Kevin Matras is now detecting the birth of a market mega-trend. This opportunity could ignite your stock portfolio before Memorial Day . . .”

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  44. JakeGint

    Iowa finally figuring out what it means “to go blue.”

    Hick fuckers get angry now?

    __________

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  45. JakeGint

    It’s not the knee-jerk idiocy of raising taxes on the only people who pay them that gets me, as much as it is the infuriating non-sequitor “commentary” from the career communists who are standing up to applaud.

    “Money” quote (no pun intended):

    “Most people are treading water. Others are drowning. That gave politicians the courage to say the rich have to pay their fair share,” said Dan Cantor, executive director of Working Families Party, a political group that pressed New York Democrats to impose higher taxes.

    That’s right, Dan, milk the one source of income that might have a chance of repairing your economy… because when it comes to “fair share” — “all” is just not enough for you freaks.

    When will these fucktards learn? When the whole state is empty and bankrupt?

    __________

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  46. The USA is bankrupt – just so everyone knows the facts – Obama is spending red ink money – by the tonne (British term).

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  47. asianman

    haw haw dat a funny aplir foors joke with the site.

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  48. TheArtist

    742 thousand jobs lost in March….thats translates to 757 thousand once the assholes revise it (which they do every time)

    yeh, everything is looking rosey and like all the stupid people on that stupid TV show you people watch called STUPIDTV or CNBC to the laymen, everyone should jump in feet first and buy stock long…..you know just like something Karen Finerman would do…..since she doesn’t give a shit and has no problem loosing YOUR money and is basically, an idiotette.

    carry on my wayward son. There’ll be peace when you are done.

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  49. Eric

    Saving Banks but not GM………that might bring some Midwest pitchforks out.

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  50. ZenProfit

    As always, Senor Tropicana was ahead of the crowd — goat has gone mainstream:

    http://www.nytimes.com/2009/04/01/dining/01goat.html?8dpc

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  51. kidstock

    Put APOL, ESI, DV on the short radar. Stocks finally coming unglued.

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  52. mrkcbill

    Jed, had sex with Amy Winhouse.

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  53. Generational Market Bottom
    Generational Market Bottom

    They ought to be doing this to the bankers, brokers and hedge fund managers.

    http://gnews.com/world/G20-Anarchists-Set-London-Financial-District-Ablaze-2009033017341784.html

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  54. TraderCaddy

    Done for the AM.
    Thanks RIMM,MS.
    No thanks SMH.

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  55. TraderCaddy

    Watch DHI of the homies for a homie clue- daytraders.

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  56. T MOE

    Yes I did cover my GS shorts yesterday at 106. Shorted at 111.50. I will be looking to re-enter on the short side again depending on todays price action and its correlation with the broader market.

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  57. TraderCaddy

    EEM etf may be good for daytrading long today if the US averages gets off the dime.

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  58. T MOE

    The changing in mark to market rules will only prolong the shell game and give banks more opportunity to hide shit. It only helps the banks put lipstick on the pigs they are. Just another effort to help the bankers keep their homes in the Hamptons. Stupid move.

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  59. gappingandyapping
    gappingandyapping

    FUCK FUCK FUCK its a fucking vortex!

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  60. TraderCaddy

    Out of ITB etf (homie etf) for a quick 3% gain.
    Done for real this AM (I think, unless I get greedy).

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  61. JakeGint

    mrkcbill eagerly awaits Madonna’s next adoption news.

    That’s too funny for an “Anonymous” tag.

    __________

    Goin’ Fawr sez:

    I await Jakegint’s derisive jingoism…

    Await away, but don’t expect much. One good defensive tactic on this site is to be completely incoherent in your posting.

    I see you’ve taken that route.

    __________

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  62. Controller

    What is going on here?

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  63. TraderCaddy

    … or just write like a blithering idiot (another good defensive tactic).
    Whatever happened to Calvino?
    He wrote like Shakespeare would write if he was a trader.

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  64. MOOBER

    Heavy volume on BOOM again today.

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  65. T MOE

    Protesters are taking over the police in London

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  66. TraderCaddy

    … and this is why I daytrade.
    Every day is a new day and the day before (as well as the open) means crapola.
    Spitzer in and outs.

    Question on the protesters.
    Do any of them have jobs?

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  67. Cash-N-Guns

    whos gonna fuck with the banks short between now and mid day thursday…not me…

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  68. MOOBER

    I miss Calvino.

    Loved those posts.

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  69. T MOE

    Cash-
    I’m not either that is why I covered my GS and MS shorts yesterday

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  70. TraderCaddy

    If I had to guess the most important IPhone app I would say something related to free porn.

    Calvino was Charles Dickens and Lewis Carroll with an edge.

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  71. DEVILDOG

    Fly, how’s that SRS play working out for ya? I THINK YOU SHOULD STAY OUT OF THE MARKET FOR A WHILE UNTIL YOU GET YOUR MOJO BACK. Maybe you should sacrifice a bottle of rich man’s whiskey to the stock gods. You obviously are confused with a legitimate, intermediate term bear market rally. SRS is going to go down into the 30s. As I stated last week, next stop S&P 874.

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  72. to DD

    hey DD, no new lows? how disappointing…

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  73. Cash-N-Guns

    TMoe- nice cover there laddie…looks like they want to run…for now.

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  74. TheArtist

    Devildog,
    your opinion;
    .338 WM or
    .338 lapua

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  75. DEVILDOG

    O.K. I decided to give you guys a gift. MON reports earnings BMO tomorrow. It will hit $95. You’re welcome.

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  76. j

    Dog

    Please stop making predictions as you ruin everyone’s thought process.

    And how’s that gold position at %860 for for you, you idiot?

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  77. Goin'Fawr

    Re: “… or just write like a blithering idiot (another good defensive tactic).” If that comment was directed at me, you might want to do a bit of research and look at my previous posts. I don’t post a lot, but what I do write happens…Sorry if you think my style is lacking, or just too damn convoluted for the soft tissue in your head, but that is hardly my problem. It may be my fault for believing that the average person who posts here has the ability to comprehend a simple metaphor etc. etc.

    Jakegint, check out Bman’s earlier post (http://www.augustreview.com/news_commentary/global_banking/special_alert-looming_u.s._exchange_controls_20090330116/) with this link, and, if you have the time, you will see precisely why I expected your usual ethnocentric retorts for my comments on it.
    Clear enough, all?

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  78. DEVILDOG

    j, ruining your thought process would be a blessing for you. Just follow my lead. If you recall I called the rally to 832 in March. My DZZ at $18.57 is doing great. Ask me again when gold hits $600 you stupid moron. BTW, you obviously didn’t do to well programing your killfile. How surprising.

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  79. boca

    I miss Calvino too, he was the master of the stream-of-consciousness trading rant.

    Watched a Vin Diesel movie last night and thought about GreenWriter too, miss his rants and discussions.

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  80. j

    Gee, Dog, calling a bear market rally from the bottom of the abyss after the Fed told us they were adding $1 trillion to the system makes you into a Mensa candidate… (you dumb ass).

    You said gold was going down from $875 you egg nog. It’s now higher and has been 100 bucks higher when you made that stupid prediction.

    STFU.

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  81. ??

    This pig of a market will turn around yet. Maybe not quite in the grand apocalyptic dive some of us were expecting — a gentler swan dive instead, maybe — but it will happen. Those FAZ and SRS positions will pay off, if only to a lesser extent.

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  82. Controller

    Boca, I haven’t seen you here in a while. It’s lonely being a girl on this site. Did you move over to the PPT?

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  83. Goin'Fawr

    devildog:”Ask me again when gold hits $600 you stupid moron.” You are kidding, right? You can’t really be making it this easy to give you the gears, seriously. I’m not saying it can’t happen, I am just asking “why would it?”.

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  84. DEVILDOG

    j, I can sit and wait for gold $600. The only reason it is holding up is because they need to keep stupid cows like you buying it so the smart money can exit in the $900s. I called the rally to 832 in February well before the Benny $1.2T. YOU STUPID FUCK. You sound like you’re losing a lot of money. Not a surprise. How about I brighten your day with the fact that I made a 24 hour trade on SRS last week and made $57K. Go fuck a kangaroo mate.

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  85. JakeGint

    Goin’ Fawr:

    There, now, you’ve insulted me twice for reasons not apparent to me.

    Tell me why I should respond to you in any way save recommending you go fuck an agressive and toothy Canadian drake?

    _____________

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  86. DEVILDOG

    Goin’,
    I’ve discussed gold to $600 before. Go back and read it. Actually, $600 is the first stop. Gold will hit $200.

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  87. JakeGint

    My DZZ at $18.57 is doing great. Ask me again when gold hits $600 you stupid moron. BTW, you obviously didn’t do to well programing your killfile. How surprising.

    What’s surprising is that you think everyone on this board doesn’t remember what you bot DZZ at (more like $19.75) and that you were long SRS.

    Seriously, take your meds.

    _________

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  88. actually it’s possible dog did make the 57k in SRS.. I remember the day after he bought i think 4800 it was up several points…depends on if he sold or not, because when it dropped about an hour or two after he bought, he said he was holding forever. but it’s going to 30, now…?

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  89. Goin'Fawr

    “I’ve discussed gold to $600 before. Go back and read it. Actually, $600 is the first stop. Gold will hit $200.” OK DD, gotcha!”Nudge, nudge. Wink, wink; say no more!” Hey, with the right FED reserve Fuckery, I now believe almost anything can happen, however unlikely, but I’ll hold my bullion for just awhile yet, thanks. And keep a single USD as a novelty item.

    And Jakegint, why so hurt? Appy polly logies to thee and thine if I do offend. I have had words with you before on one or two occasions, and in my conceit assumed that you would play that role again. Peace.

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  90. DMG

    I miss Lady G

    like the deserts miss the rain

    Lady G, Lady G, where art thou?

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  91. JakeGint Says:

    My DZZ at $18.57 is doing great. Ask me again when gold hits $600 you stupid moron. BTW, you obviously didn’t do to well programing your killfile. How surprising.

    What’s surprising is that you think everyone on this board doesn’t remember what you bot DZZ at (more like $19.75) and that you were long SRS.

    Seriously, take your meds.

    _________
    April 1st, 2009 at 11:23 am Vote: Add rating 0 Subtract rating 0

    Since DZZ is at $22.27 I fail to see your point. Keep holding your gold dumb ass.

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  92. boca

    Hi Controller, yes it sure can be lonely at times in the trading world haha. BTW, I thought I saw Chanci around here a while ago, hope you and Chanci are both well.

    No I’m not over in the PPT right now, as much as I love to trade individual stocks, I’m hardly trading right now, been too busy on some personal projects and not feeling well to boot. I’ll get there eventually though, in the mean time I’m following Danny’s newsletter and read up here when I have the time.

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  93. JakeGint

    Since DZZ is at $22.27 I fail to see your point. Keep holding your gold dumb ass.

    My point is that was only your last announced DZZ purchase.

    As J pointed out, you’ve been hammering gold from much lower prices, so I’m pretty assured that you’re gurgling under water at this point.

    And no worries, I’ll hold my gold. I’d suggest you do likewise, but you know what they say:

    You can lead a mad dog to the rabies vet, but you can’t make him bare his belly….

    _____________

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  94. ZenProfit

    Did LadyG blow up her account?

    Or was she abducted by The Others?

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