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
23,455 Blog Posts

Play Lotto!

Yes! Do it well and often.

Grandmaster Fly and Ragin’ Cajun

[youtube:http://www.youtube.com/watch?v=QLxyNzLUIS4 616 500] If you enjoy the content at iBankCoin, please follow us on Twitter

39 comments

  1. Good Shepherd

    buy puts on tlt, long tbt, long tip

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  2. Yogi & Boo Boo

    Don’t you guys EVER sleep?

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  3. YoZone

    Snatch the pebble from my hand, Grasshopper.

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  4. J

    Buy Chinese Lotto at the consumer level…..

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  5. ot

    Bernanke will get his wish,
    sort of.
    Declining dollar will incite people to buy.
    I’m going out to buy a 50# bag of oatmeal right now.
    It just goes to show you that someone can study a subject their whole life and still be not just wrong but 180 degrees wrong.

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  6. alphadawgg

    The Bearded One is hoping that after the dollar is sufficiently weakened, foreigners will buy up the inventory of foreclosures. What foreigner wouldn’t want to own a McMansion?

    This would give new meaning to the idea of immigration reform.

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  7. Bullish

    151k – lol!!! Glad we got the QE2…

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  8. TraderCaddy

    Possible daytrade to watch.
    Dow down about 100 or so about 10:30 and if SMH components and XLF components are flat then it will be time to load the boat only to start dumping a couple of hours later.
    It’s a Friday unemployment day classic.
    Also, is that Cam Newton in a new BMW?

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  9. No Exit

    Right now the Fed’s balance sheet shows about $57 billion in total capital. Current assets are about $2.3 trillion. The current money-printing plan will take total assets above $3 trillion. At that level, it only takes a 2% decline in asset values to wipe out the Fed’s capital. Put differently, it only takes a 2% drop in the average value of assets on the Fed’s balance sheet for the Fed to go bankrupt. And this is in an environment where various markets frequently go up and down 3% in a single day.
    James G. Rickards

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  10. robert(rob_pvb)

    you should be doing ads for Coca-Cola

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  11. DarkMatter

    EJ running early. Earnings in six days.

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  12. Bo Beach

    FAS now

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  13. Cascadian

    Banks are open today. Time to go there.

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  14. Cascadian

    FTK is happy today.

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  15. jimmie

    I’d much rather be “Becked” than “Pelosied” 🙂

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  16. Cascadian

    LFT approaching liftoff. How can you lose with a Chines Financial?

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  17. TraderCaddy

    Two stories that will (should start) start a violent revolt in this country if Obama bites.

    http://www.breitbart.com/article.php?id=CNG.65d35f849629004f3f01ff977b2a3e33.741&show_article=1
    (global tax for the UN)

    http://www.bloomberg.com/news/2010-11-05/soros-panel-draft-says-bank-taxes-c02-auctions-can-fund-climate-aid.html
    (some sort of a financial services tax-on currency trading?- the so called Tobin Tax).

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    • Jakegint

      Those stories have been around since I was a wee lad. Favourite of the Prison Planet types.

      I put it up there w. the “They are building concentration camps w. pineapple coffins in Enid, Oklahoma! I swear!”- level rumours.

      ______

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      • Jakegint

        Gotta love quotes like the following:

        “The ball is really now in the court of governments to move forward on generating these resources,” David Waskow, senior adviser on climate finance for the development charity Oxfam International, said in a telephone interview from Washington. “One can raise substantial public finance from public sources and do it in a way that’s not going to place additional pressure on national budgets and taxpayers.”

        Fuggin tax eaters. You sometimes wonder if they’ve even taken junior-high maths (sic).

        _________

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        • TraderCaddy

          True, but according to the stories the reports were just released.
          The taxes in this country imo would be not be Constitutional (taxation without representation re: UN).

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        • alphadawgg

          That greenie obviously flunked Econ 101. Taxes not a burden on taxpayers? What an idiot.

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  18. chosen one

    crox- from 6 to 14 zip

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  19. jmmpangaea

    Thanks to whoever pointed out OINK. Loving it.

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