iBankCoin

Cashin: Wait Until Next Week’s ECB Meeting

He doesn’t see prosperity breaking out anytime soon. Arthur Cashin is sounding like ‘quite the bear’ these days. I wonder why he isn’t foaming from the mouth, pounding red bulls into the fucking ground, buying shit stocks with both hands?

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8 comments

  1. badduck

    New bull market kicked off this week. Generational buying opportunity!

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    • Dr. Fly

      of course.

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      • helicopter ben

        If a CB owns a company, is that nationalization or does the balance sheet of a CB actually materialize some where else?

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    • doughjadank

      A new bull market? Aren’t we still enjoying the one started 7 years ago?

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      • scottbot

        Some astute long-view people say we’re actually just in a consolidation phase of a 16-year bear. We’re only up about 25-30 percent from 2000 boom levels. Depends on how far out you want to shrink the chart or what your selective bias is. I have no idea where to start, except for the point that I started putting money in!

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        • scottbot

          same thing when they say “X number of days without a correction!” even if it hits 9.8 percent drop several times. Just people selling stuff.

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  2. formergeek

    Does anybody not expect the helicopter to head for Europe this weekend?

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  3. aformalcat

    Fly is it time to get off the ark?

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