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
23,433 Blog Posts

You Will Get What’s Coming to You Soon

Fuck you guys.

Do you think the market will go up forever? Most of you are ball-less, in the sense that you can’t pull the trigger on counter-risk investments. So you know, [[TLT]] now represents an Earth shattering 30% of my assets, much to your chagrin and much to your dismay. You are like a dog. If I was around your place of employment and threw a bone near your desk, I am 100% positive you would fetch it, instinctively.

While President O’bama dismantles our “evil” nuclear arms arsenal, the stock market is building a fucking Tsar Bomba to drop on your heads. Let me go on the record and say: I love nuclear weapons and pray for more warheads, every single night, before my late night drives.

In short, keep your faces glued to your monitors and watch [[VXX]] or ^VIX very closely, We have been one way for so long. The time has come for managers to hedge risk by way of buying large quantities of put contracts, which will inevitably give a lift to the VIX.

Top picks: [[VXX]] , [[TLT]] , Brocade Communications Systems, Inc. [[BRCD]]

NOTE: For the record, The PPT‘s new “master indicator” downgraded the market to a sell yesterday, with just 35% of stocks ranked “buy.”

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47 comments

  1. Buffalo Pete

    The odds of the market finishing in the green today? 100 percent. We have hell to pay for yesterday somehow being a down day.

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  2. Le Fly

    Just because it’s stupid doesnt make it wrong

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    • YaBollox

      That’s funny! Better to be stupid than wrong, I guess.

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    • respect4U

      Buying that dip will be real stupid now. The accounts of many who do will realize

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  3. Cash Is King

    I know your right. I just can’t believe it has not happened yet.

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  4. Prospectus

    I want a glourious (sic) death for coked out bulltards myself, but there’s no signs of a top yet. I would not go short yet. I’m flat.

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  5. gw

    THE MKT WILL GO UP FOREVER !!!! Bot & Sol TZA for a trade this morning……

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  6. YaBollox

    That was better than Phil Angiledes thanking Robert Rubin and Chuck Prince for their ‘years of service to the country.’

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  7. JF2

    You just can’t wait to claim vindication can you?

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  8. panamaorange

    Not expecting a decisive break above dow 11k, but jobless numbers should keep us flat to sideways for today- euro was crowded short going into this morning

    However, IYR is continuing its “behind the music” type fall from grace

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  9. Bow Tie Fucker

    Poof there goes your bullshit rally in FAZmobiles….

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  10. respect4U

    FYI, I am loaded short and I expect possible massive move on downside but I will take it one step at a time….. Poof here comes rally in those 3x levered bear etfs.

    Poof there goes your rally that you spent 2 months on and last one month will vanish like in a week or so I think. Poof to that

    Poof to the Fly haters who hate him being not long. Poof to those who hate me for being short because poof goes your gains and up my account

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    • sniper6

      How does it feel, being such a Poofter?

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      • respect4U

        Feels like I deal in Magic. Gonna feel awesome later this week

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        • StratG

          Devil Dog must have come into some money here.

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          • wilmer

            Hey Josh1ingU!

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          • respect4U

            Again like devil dog i am guessing just someone before.Hope you bought some lube bulls

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          • respect4U

            Must be before my time, but this is a time when many of you will come back and say hey. This guy was smart.

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          • wilmer

            I miss your Chartwork bro. Put one up of your favorite short in the PG for old times sake? C’mon, you know you want to.

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          • DMG

            LOL!
            Typical JohingU remark, “Feels like I deal in Magic. Gonna feel awesome later this week.”

            – dudette, it’s thursday.

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          • respect4U

            I dunno who j0sh1ngU is. But …. yes later this week as in by end of day close. + Next week and weeks after wards.

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          • JakeGint

            Josh, it’s not like there’s a million young “always wrong” guys who like to pick monickers w. numbers that mean letters, and other ghey kiddie shit like that.

            I mean, come on, man.

            ________

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          • respect4U

            I just laugh with The FLY. except I actually am not playing VXX unless you consider puts. Otherwise I am short to the gills.

            I aint hear to pick a fight or prove one trade right or wrong. Every trader is wrong at some point or another is the improvement and discipline of accepting that. Best of luck man. Gold actually seems to have real break out . GLD 111.4-.7 seem important

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          • The_Real_Hmmm

            Interesting how you just assumed the “o” in j0sh1ng was a zero instead of an “o” in your comment. Only someone who knew of him (you) would know that. Odd, no?

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          • respect4U

            Odd yes. Except I got exact same comment back in say January. And similar comments about Devil Dog. So memory which is important in trading remembers these things.Think about that

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    • jimmie

      OTB degenerate alert! ^^^^^ LOL

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  11. Botepman

    Last week in April looks most likely for a correction. Yes, pullback days and an increased vix ahead, but I think the markets will run up through OpEx. Just enough to second guess yourself and start thinking long agian. Remind yourself 4/20 the markets are high on sweet hemp, Carmen Electra turns 38 and the 140 ton rudder of The Queen Mary has been pushing agianst a gross tonnage of 81,237 tons long enough.

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  12. TA

    There’s nothing ball-sy about going against the trend, that’s just plain dumb.
    Wait for confirmation of a trend change before making contrarian bets, a few more distribution days like yesterday and we will have it.

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    • respect4U

      It is funny how you miss signs of Miss Market

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      • TA

        Does one day make a trend?
        Have you looked at the leaders today? What are they doing right now?

        Do you have any idea what you are talking about?

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        • respect4U

          No
          Yes I have looked at leaders, Yes I do. Do you know what is leading right now?

          Yes. And you will see. Trend change was happening in past two weeks. And now the world realizes…… in next two weeks when we drop big time. Shame on you and your comments. I will look like Zeus soon

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      • JF2

        Poof . . . Miss Market just pissed on your signs . . .

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        • respect4U

          Ok so I happened to short Yesterdays high. Again I put on what i covered late yesterday. Therefore I am perfectly fine and expect imminent move. What a sucker comment. I am wrong above 1185 which market wont get within 2 points of

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        • StratG

          ‘Gimme my 40’ rule applies until it doesn’t. Only newbies or dumbasses make top calls these days. and you are right Wilmer, not Dogs persona here.

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    • Hawaii Five0

      TA

      How many have we had to date?

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  13. Longnek

    Wait, wasn’t it yesterday that your VXX buy was just “stupid”? Fly it’s getting harder and harder to cherry pick off you these days…

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  14. Salty Nuts

    I think you should let R.W. Pelican blog for a bit.

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  15. crip

    palm short position is 300 %+ should I mortgage the farm?

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