iBankCoin

THE COAST IS CLEAR

Go ahead, barrel into your favorite Chinese flavored securities. The market has reversed from the depths of hell and have begun the process of kicking short sellers into active volcanos. There is a reason why I opt for cash over short sales. Today is a perfect example of not being able to trust a continued downside in the indices. The market was made to win. Set backs are always temporary. Sometimes temporary is fifty years, other times 50 minutes.

The point: just because we’ve rallied off the lows doesn’t mean we won’t fall into the crevasse tomorrow morning and sever an arm or two. I’d be reticent about exuding too much confidence here– but also refrain from selling short.

Frankly, selling stocks short is a game designed specifically for invalids and chimerical booze hounds.

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24 comments

  1. iflyjetzzz

    Have you looked into getting a prescription for Lithium?
    My always-panicking sister had steadier nerves than you in the last week.

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    • Dr. Fly

      What nerves? I am 100% composed and in control. You are merely deflecting your own insecurities onto me.

      Look to yourself young man.

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  2. it is showtime

    That’s where bulls will be proved Stupid in history

    Markets didn’t reverse (themselves)
    (faulty beyond-delusional language)

    fed day (fed entity, shadow bank entity, actual banking lol, pseudo gov) Whoever it is, they eviscerated volatility for you today. that’s how pathetic bulls are

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  3. frog

    Important market update posted by Hey Now on Twitter

    http://imgur.com/bVRdizF

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  4. reallywtf

    you are a carnival barker… this is opportunity !!! shorts are toast !!! get out of dodge !!! go to cash !!! this will get worse !!! it is not alright !!! COAST IS CLEAR .. all in 2 days, admit it you sound like a moron

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  5. jonny

    “What nerves? I am 100% composed and in control. ”

    LOL

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  6. 99 lead balloons
    99 lead balloons

    What are predictions on gold? 1300 by months end? Will chinese sell gold to raise $ or vice versa

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    • sethster99

      Why play gold when you can play the massive drop in oil demand?

      All you need to do is buy DWTI and stop watching the market.

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  7. t.c.

    The trolls are out in force. Its a troll invasion! I feel like a fucking hobbit.

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  8. blahblahblah

    oh my can we buy 2050 and sell 2120 another two thousand times this year?

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  9. Dr. Fly

    ALL: SHUT UP

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  10. jahfari

    Fuck the HATERs Fly. Thank you for your insight. Bunch of bish-made fan-weathered fans.

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  11. bexpo

    Stock market seemed inconsequential when eye exam showed some weird dark spot – I worried sick for 2 weeks about eye tumour. Am Fine now – so when I lost buckets of money in past few weeks – I can’t feel so bad after just escaping hideous diagnosis. All is FINE. BUT WHAT THE HELL WAS THAT THIS MORNING. Who has the guts to buy on that kind of a dip? I sure didn’t. I’ve missed you Fly…Great posts

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