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

Fascinating

Bernanke is a bearded clam. Let the market do its thing. Stay focused on them murderholes and God save you if you are leveraged to the upside or downside.

I said it before and I say it now: this is a meat grinder of a market. Trust nothing and no one. Take trades and book them. As for Ben’s comments: WAY OVER BLOWN. Who cares what he says?

Answer: I suppose you do.

Bottom line: people are confused.

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18 comments

  1. Kreizi

    Taken

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  2. HuggieBear

    Hmmm

    Amazing

    Im short, and yet down on the day. Crikeys

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  3. Purdy

    I miss capitalism.

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    • Bman

      Go back to her. She’s done fucking around with Karl Marx.

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  4. TraderCaddy

    i don’t care what he says and am watching the orioles-rays game.
    although i just bought a slug of smh at 27.64 for a quick in and out.
    plus, unlike v.king yesterday i am writing with no caps today.
    just like e.e. cummings.

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  5. alf44

    … frickin’ ROBOTS with a “hair trigger” run the Markets !

    Profits can disappear in the blink of an eye !

    SIGH !!!

    .

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  6. Goldie

    Watching FAZ on a 2 minute chart is the most beautiful thing in the world!!

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  7. TraderCaddy

    and out of smh @ 27.72 for a minor gain.
    back to the game.

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  8. clucktard

    Dear Ben:

    http://www.youtube.com/watch?v=faArbI4Fkj4

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  9. Jayla

    “i miss capitalism” lol! That is awesome

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  10. Gooner70

    Ben said Nothing , that we did n’t already know… and market sells off 100 points… What were they expecting from him… Fuckin Magic or something……

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  11. Bman

    Got out of the market today with some losses, then turned around and rode the market the other way to mitigate some of those losses, then got the fuck out entirely.

    Just one of those days. I’m not trading this bitch anymore until my signals are a bit clearer.

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  12. Jayla

    Its almost as if he banned gasoline

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  13. mrkcbill

    Dear Confused,
    Maybe the markets are done going parabolic to the upside.
    Maybe historical PE don’t mean dick
    Maybe deleveraging is a cunt
    Maybe China is an illusion
    Maybe Soc Sec Medicare Housing Fran Fred Mort Deduct is FUBAR
    Maybe we are Country of Renters
    Maybe no one can afford a new Ford
    Maybe I’m tired of $20 Salads.

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    • TheV.King

      Somebody had to say it….2,000 shares of LMLP for you

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  14. The_Real_Hmmm

    Do any of you spittoon shootin’ punkin’ tossin’ country folk live in Nashville?

    The hotels have recently been catching some good earnings reports and I like the story of GET the best. Revenue per available room was up despite the flood and bookings have been increasing sequentially. Despite the temporary closing of the Opryland Hotel, tax revs from the hotels was only down 2.2% in May despite calls for losses of 20%+. Even though bookings were moved to other hotels, temporary workers and families were forced into booking hotel rooms which would obviously also increase food/beverage consumption at said places. I like the catalyst of the flood to provide a deluge of increased earnings QoQ.

    I’m planning a purchase of this stock, I do declare.

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