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

ICE COLD

Well, it’s official. Everything I touch turns to salt. Uncharacteristically, the market ripped higher, despite broad market weakness in tech. All of the gloom and doom gave birth to a cocaine leaf eating gorilla. Said gorilla was busy smashing my newly minted short positions in the scrotum, all day log.

My only consolation: my newly minted asshole short positions represent just 20% of my assets. Naturally, the greater loss is opportunity, as I missed out on today’s rally, save WNR.

There is nothing that could be said or done to make me feel better. If I said I was mad to the point of committing heinous acts of murder, I’d be understating my mood and demeanor.

Off to punch holes in my friends bullshit sheet rock office.

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33 comments

  1. kedzilla

    to the faz mobile

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  2. JB

    What a frustrating market. I really do not think the bearded clam and Timmy will let shit fall like it did in 2008. If it did, pretty much everyone will be out of the market. For good…

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  3. charlie

    Costanza time?

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  4. Dubz

    I hear you, fucked myself today.

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  5. The Plumbers Crack
    The Plumbers Crack

    Watched a nice gain in TZA get cocked punched.
    Fucking tough market.

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    • Bullish

      I owned it over the weekend and was terified last night at the site of a Euro bailout. Fortunately, I was able to double down and then escape at even this morning. Just in time to buy a bunch of decapited stocks to go long.

      TZA moves fast! It tries to screw you in both directions.

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      • lol

        It is said when the most Bullish of them all gets bearish, it’s time to buy the blood!

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  6. 4fl3x

    I think you set your time machine to one day in the past. Please reset it.

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  7. dk

    at the risk of a lifetime ban, may i suggest that you temporarily modify the name of your websiye to.. ibanklesscoin.com? you rock.

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  8. Thedr

    No volume. No breadth. typical bear market rally

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  9. the ppt

    i registered severe os again you didn’t heed my signal.

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  10. J Livermore

    Crushed, but the world economic “crisis” was not healed today. Just another jerk off day in a high vol environment.

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    • Mark

      This is the kind of market where your namesake said fukit and headed off on a European vacation.

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  11. xxxHuggieBearxxx

    Eventually, one of these times when you go long just below resistance, or short just above support, you will be right.

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  12. huh?

    Typical head fake..Watch for a rally early tomorrow(further head fake) with a mid day crash into close..(Well that’s probably how the market would fuck the most people over, so I suspect it will happen)

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  13. Juiceyfruit

    well, u & me both, boss … frickin ice cold

    🙁

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  14. TraderCaddy

    I thought we were going down hard and I stopped doing my day trade activity with SMH early.
    I sat and watched.
    It happens as you know but you get to live and trade another day.

    PS Fly- Just be sure you direct your kids into a profession that makes better sense than this one.

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  15. ruggyup

    That’s a solid wrap on my expressed admiration for the solid brass castanets it took to short a bunch. My own stones were cracked on tech and TOT and BOX. WTF it’s only my planned extravagant funeral money.

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  16. ForexPhucker

    I’ve taken the position of taking no further positions. It means i’m watching shit go up, down, back up, back down. That’s about it. Eventually we will pick a direction and stick to it. When that happens i’ll hold on or cut losses accordingly.

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  17. Caruthers

    Bulls get slaughtered. Bears get slaughtered. Pigs get fuck hammer slaughtered.

    I’ve taken the foot off of the gas here, and I’m letting my dynamite-loaded car coast for a bit.

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  18. JDS

    All good Fly. My brother and I used to keep an old shit kicked bicycle in our backyard (we had an acreage so it was hidden and didnt make our place look like a reserve) that we used to sledge hammers to whenever things sucked. Sounds ludicrous but damn it felt good to beat the shit outta that thing when I was pissed.

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    • Mad Willie Thompson
      Mad Willie Thompson

      Had a buddy whose folks owned a junkyard growing up. We used to do the same thing with one of the old rustbucket cars his pop set aside. What I would give to take a swing or two after a shitty day at the office now. You are right, ludicrous but effective.

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  19. En1gma

    All I want to know is “who is buying this crap?”

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  20. lol

    it’s CBS’s fault for (trying and failing in the act of) replacing Charlie Sheen, they messed with the ebb and flow of nature and fucked up the universes “Chi” or some shit.

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