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
23,441 Blog Posts

DO NOT FIGHT MATHEMATICS!

For centuries, stupid men with big fucking beards have been trying to debate the inalienable truths of mathematics. They’d gather near the fireside and argue against 2+2 or 3×1, until someone got tossed into the fucking fire. Fast forward 10,000 years and people are still getting tossed into lit fireplaces, over tedious squabbles, regarding the basic fundamental laws of mathematics.

The fact of the matter is: the sell off ensuing in the market is young. You might be tempted to jump in there, with grandiose hopes of “doing something special”; but you’re only going to end up embarrassing yourself or WORSE: end up on the receiving end of a fucking lit fireplace.

Ladies and plebs, do not fight The PPT, for it is a space aged time machine, while your charts are nothing more than localized graffiti. Frankly, if I was a police officer, I’d arrest many of you chart fuckers for vandalism, because that’s exactly what you are doing and it’s a motherfucking crime!

In closing, I am not trying to make a killing on the decline, sans my personal trading accounts. I am here, mind you, to see you deposited into lit fireplaces then, ever so gingerly, buy out your egregious margin liquidations.

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26 comments

  1. Good Shepherd

    Banking some coin right meow

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  2. Good Shepherd

    Banking some coin right meow

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  3. Quint

    Watch for afternoon mark-ups.

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  4. FLYpoop

    Throw in psychology with math and hint of philosophy narchy

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    • TraderCaddy

      I actually had a hippie psychology teacher in college who liked to deal with mathematical probabilities.
      It would have been interesting but she was stoned all of the time.
      Her hair was ‘fro like (she was white), wore long dresses (tie dyed) with sandals, no bra (lots of guys in her classes) , and lots of beads.
      She used to take us out on the sidewalk in front of the library (where the Hara Krishnas were dancing) to draw on the pavement.
      I got an A.

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  5. TraderCaddy

    Today only new Math counts.
    2 + 3 =6.
    Close enough.
    You pass.

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    • Kreizi

      That was in old days before robots. Now it’s:
      2 + 2 = 22.

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      • TraderCaddy

        Good one.’
        Probably a $199.99 fully licensed Microsoft product.

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  6. Kreizi

    With so many companies showing good and better EPS, is it reasonable to conjure that tomorrow’s GDP figure should also increase expectations?

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  7. sniper6

    Fight mathematics? Hey man, I didn’t start it, they came at me first, I was just defending myself…

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  8. Ix

    http://www.youtube.com/watch?v=x1cnJ_pOAdQ

    Be afraid of 7 … Seven ate nine.

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  9. francesco

    the easiest money is down , yet government said that the fed will eventually buyout all wallstreet if it goes to hell ..
    so it’s not easy to take a bet medium term , tomorrow there’s gdp too

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  10. jeff

    Fortress Investment Group

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  11. TA

    Buy the dip

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    • CoinBanker

      Foolish words…we’re heading to SPY 108 before close tomorrow.

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  12. arch

    im out the door gentlemen have to go check on the new plebes…they dont know im coming back ..they might be fuckn off and i cant have that..if anybody is going to fuck around this afternoon i assure you it will be me..

    good day gentlemen

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  13. Purdy

    Math is a tool of the devil.

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  14. Rand

    Hey good sheppard,
    Quit playing with the pussy, and getback to work.

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  15. lol

    5+1=1.
    proof= 5+1=5-1=4-1=3-1=2-1=1

    one person with a machette enteres a room full of of 5 people with machettes how many people with machettes are left?
    one, the rest die.

    The math of the real world is often much different.

    1male+1female+9 months=3… 4 if she has twins

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  16. manuelstop

    “…the sell off ensuing in the market is young.” Double dog indowd.

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  17. Donzo

    Fly, I signed up for the PPT as a Piker (lol) last Saturday (I’ve followed you since 2008) as I wanted to begin using the real time PPT quotes in conjunction with my technical work. I can tell you that the two modalities complement each other rather well. So go ahead and call me a Piker, but I’ll soon be a Distinguished Gentleman.

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  18. Apocalypse Now

    I’m not feeling it, they supported the market and brought it back to roughly flat on the dow yesterday and will probably do the same today. Friday or early next week for accelerated downside action unless the GDP numbers are really good 2+2 = 6. It’s either the PPT or someone knows GDP will be strong and is buying dips from those who are selling before GDP is announced. 10.5k seems to be a magnet, perhaps telling the market that they have our back at 10.5 (end of day not intraday), until they don’t. I felt the same way about 10K.

    TLT is down for the day, VXX dropping.

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    • ....

      GDP numbers will be higher then expected, then the next GDP report this Quarter 2 will be revised down and noone will care. Market will go up cause higher GDP and then when it is revised noone cares and it will be the same. Shill Games by the government and Fed.

      I am telling you as a consumer business owner things this month have not been good. Sales down 40% this month. It started around Mid June. People are either tapped out or they are only buying the minimum necessities. Browse through the mall. There is still people but they are not carrying multiple bags in their hands or any bags at all.

      Also most retailers their numbers don’t report till August so we will see how that turns out. I know it will be the same as mines. Good the whole year till sometime in June. Bad the rest of the year.

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      • Apocalypse Now

        I agree on third quarter results, sorry to hear about a slow down in your business. If the market reacts favorably to the higher numbers, it might be a good opportunity to go short at a higher level.

        I do wonder how much of the S&P 500 earnings improvements will be driven by lower interest rates due to short term debt. Many companies use a 50/50 split between long and short term debt. In this case, the most levered companies (including banks) will show the most improvement on interest costs.

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