iBankCoin

Today’s Sell Off is Child’s Play

We’re barely off by 40 points because Draghi wouldn’t commit to extending QE in Europe. The fucking program doesn’t end for another 6 months. Are you people insane for believing a single word out of his filthy Italian mouth? That fucker will mash you up and roll you into a meatball, faster than you can say Godfather 3, if you think he’s gonna let markets and bonds drift away into the oblivion.

QE for life, or until something goes KABOOM!

Bear in mind, markets are in firm control of the central banks and there really isn’t much that can disrupt it, aside from the occasional BLACK SWAN event that seems to rear its head once per annum.

Speaking of which, we haven’t seen an Exodus OS signal in quite some time. The algos are running at a smooth 79% win rate since 2008. I’m very eager to buy the SPY on an oversold signal, but haven’t been afforded that luxury in a while. In case you’re wondering why I’m being so fucking stubborn about trading and getting involved in a bulls market, I told you in the beginning of the year that I’d stick to Exodus trades only. Most of you dismissed my words as subterfuge horseshit. But I’ve proven all of you wrong, yet again.

WTI is up 1.4% and analysts are beginning to get super aggressive with their upgrades. This seems like poppy-cock to me, especially heading into the worse time of year for oil. Frankly speaking, there are better places for your money than a commodity driven market run by a mafia.

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7 comments

  1. roundwego

    what do you think this will do the default risk variables of sub auto loans that are at all time high delinquency of payments.

    http://www.zerohedge.com/news/2016-09-08/fbi-investigating-fiat-chrysler-allegedly-falsifying-monthly-sales-reports

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  2. cascadia

    Like Fly said a few months ago, we are in the 8th inning of this ballgame. Ride this up and get out before you hit the Willy Wonka fan at the top.
    http://c86og3avv551mqtcy2adcf845a.wpengine.netdna-cdn.com/wp-content/uploads/2014/08/anigif_enhanced-buzz-7911-1383079771-16.gif

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    • sethster99

      Try the bottom of the ninth…

      I believe we are very near a black swan event. Unsure what it will be, but I figure it happens between now and the election.

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