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
23,433 Blog Posts

Is it Time to Crash Yet? (Asking for a Friend)

Down 400 right out from the gates. Your 401ks are in the trash and you’re trying to fish it out, shine it up, and place it back on the mantle. You’re now dealing with complete and total trash and because the Fed is your sugar daddy — you think this can last forever.

Well, I’ve got news for you. The Fed can’t plug every hole.

Real Estate firm RDFN said listing were down 44% the past week.
The WSJ said FB ad rates dropped 25% in March.

Will the Fed BUY UP ALL THE FUCKING ADS too?
Will the Fed FORCE YOU to sell your home?

I didn’t think so.

See pal, there are two types of people in this world — people who believe and people who know. I know. You believe whatever you want — but in the end — I will be right.

We are going to crash this fuckers through the trees and into the ground — nothing can stop it.

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24 comments

  1. tjnyt

    Inverse hockey stick.

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  2. heckler

    Sugar Daddy? Plugging holes? What happened to social distancing lol?

    My buddy who owns a travel company says the first thing they all did was cut FB and GOOGL adds. The second thing they did was cut or renegotiate their business software subs…

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    • tjnyt

      I want to buy a house in SF, how long I have to wait?

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      • heckler

        Good question from the good doctor. I have more expertise in 1) sugar babies, and 2) candle stick charts, but I will keep an ear to the ground on SF real estate 😉

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  3. spaceman

    GOLD1700GOLD1700GOLD1700GOLD1700GOLD1700GOLD1700????????

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  4. alty

    This pervasive idea that stocks going down is bad for long only investors is really bizarre.

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  5. Mr. Cain Thaler

    My guess is total auto sales have been cut in half, or damn near close, by the end of the month of March.

    Say goodbye to your local dealership.

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  6. reversion

    Stocks are going higher.

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  7. Mr. Cain Thaler

    Trump is out saying a task force he’s sticking his dumbass kids on will help reopen the economy.

    Lol.

    The governors will remove restrictions when they feel like it, and companies and individuals will be very cautious thereafter.

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  8. itsgold

    Before this is all over, the vast majority of traders are going to be taken to the shredder.

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  9. narcist

    Is it Time to Crash Yet?

    No.

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  10. Orson

    What happened to “unlimited”?

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  11. bambam

    Can I get an Adwords bailout?

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  12. cash cow

    IF/When Trump fires Fauci, not only will the market crash, but we will all probably die.

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  13. peaches

    is everyone long gold yet?

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  14. ammy hour

    VMD – respirators
    FRO – tankers
    RVP – retractable needles

    Pretty much the only things I am comfortable holding at the moment

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