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
20,462 Blog Posts

Market Cliff Jumps 400; Shorts Are Back and In Charge

Not really — you fuckers will get lit the fuck up. I spent my time today outside, again — going thru some personal issues. I do not share political ideas anymore, but I do post a lot of news on Twitter. I am of course sickened by the state of this country and disgusted by everyone’s behavior. There is nothing but hatred in this country — people happy to see pain and suffering because of political ideals or moments of a person’s life accentuated by absolute fuckheads on social media with nothing better to do than relish in the destruction of another person’s life.

IT IS NOT RIGHT to want someone to starve, his/her family to starve — because of a fucking comment made in public that is now deemed politically toxic. Nevertheless, this is where we are and the blade swings in both directions. Be careful for what you ask for, because eventually narratives change and the people with power now will not hold it later — but the rules will be the same and then you starve. It’s toxic and it’s cancerous and 100% evil.

All that aside, the lot of you can fuck yourselves and remain terrible and continue to lead dull lives with zero internal monologue.

Shorts will likely get dismantled again tomorrow. But into the close, they were in total control.

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14 comments

  1. bambam

    Get off Twitter! The entire country doesn’t want to choke out their neighbors. You are being played BRO. Turn off Fox News. Stop listening to the dope in charge. Twitter is a POS. It’s all one sided crap. Most people as in MOST 90% or more, do not condone racism, do not want to cancel people for what they said eons ago, or ditch Hamilton because every actor wasn’t black enough.

    You’re doing a great service on your Twitter feed by showing people what the mainstream media will not but at the same time, you’re really only seeing a very small segment of the population. It’s skewing your beliefs.

    There will be no leaving. You will find good stuff on Twitter. You will blog more. And you will tell us when we can short this crap market as it hits a blow off top!!

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  2. teslawasright

    Do not posit on what the Fly thinks. You will end up not well.

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  3. ha

    Cardano on a tear recently.
    I have not followed it closely.

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  4. shamalamadingdong
    shamalamadingdong

    You in the fagbox?

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  5. trumpmeister

    All the shorts will be taken to the woodshed very soon. Now enough short fuel for a sustain rally for 2-3 months straight.

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    • narcist

      “Now enough short fuel for a sustain rally for 2-3 months straight.”

      Good. Now justify that proposition with some facts.

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  6. narcist

    We’re now 4 months into the long-NQ-short-RTY pair-trade (i.e., still the banner COVID hedge) and the NDX:R2K ratio charted another record high today.

    Translation: The Nasdaq is going vertical. Do not stay short until there’s any sign of the end of this vertical move.

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    • narcist

      *20-year high (but the record high from back in 2000 will be taken out before the end of 2020)

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  7. bob smith

    Look, when Robinhood traders and Davie Portnoy are banking more coin than Warren and most Hedgies, there is something amiss that cannot last.

    It’s not rocket surgery! Most Robinhood traders will lose all of their money… being long.

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    • peaches

      The kids only know “BRRRRRRRR means stocks always go up and the government works for rich people”

      That is their entire investment thesis. I downloaded Robinhood last week. This app is going to change everything like Vanguard and 401k changed everything. The majority of Robinhood investors will NOT lose money. The WallStreetBets brand of kids maxing out their accounts with call options on NASDAQ winners will lose their money.

      The rest of the people are a new brand of investor buying $50 dollars worth of 10 ETFs every week with no commissions.

      Also, the younger the investor, the less surprising the Fed activity is…

      To expect a drop is to expect the world is logical and makes sense.

      Nobody outside burning stuff was over 18 on 9/11.

      Gen Z is very comfortable with the world coming to an end, it’s all they’ve ever known. The rest of us can’t believe our eyes when we watch the news.

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  8. jeforab191

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  9. preols

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    LINK………………Www.getbiz3.com

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