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
21,399 Blog Posts

If You Bet Against Stocklabs — Your Wives and Children Just Left You

Look at me.

There are some guilty parties out there who bore witness to the Stocklabs oversold signals of the past fortnight and said “PAH — it’s different this time. I’m gonna mortgage the house and short the cooking’ market.”

Well lad, I have news for you. Your house is to be foreclosed on and your wife and kids are going to leave you, all because you lost the family fortune betting against the guy in the time machine.

That was our RAREST most cherished oversold signal — the 12 month OS on both the entire market and the QQQs flashing right in front of your fucking faces, begging for you to partake.

Well did you?

We’ve been gallivanting throughout the market with these mean reversion signals since 2008, with very little in the way of drawdowns. You’d be wise to never bet against The House of Fly again.

Good night.

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18 comments

  1. losalbion

    Sad and vanquished.

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  2. edge

    Didn’t think I’d ever get rid of them. Why didn’t you tell me sooner?

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  3. tha pirate

    MSM fags can’t “figure out” why theres a labor shortage.
    Meanwhile the average idiot already figured out there is NO REASON TO WORK WHEN YOU GET PAID TO SIT HOME ON YOUR ASS FOR FREE.
    More Maoism #Let’sGoBrandon!

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    • edge

      Puhllleeese. That’s over. Besides, the bottom 30-50% would have starved.
      Arguably the economy was saved. It’s still weak. Who the hell wants a crashed economy? Those that don’t really know anything.
      But that’s not why I showed up just now. Anyone know if BITO options are being traded yet?

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      • tha pirate

        Over? Really? Tell that to the millions getting welfare, foodstamps, tell it to the illegal aliens flooding the border and getting free housing, food, healthcare .. Oh, and don’t forget if you come in through LEGAL immigration you must vaccinate, but if you break the law and trample the border you are EXEMPT from vaccination!

        As long as they vote Dem (illegally with no ID of course) it’s ALL GOOD, but NO CUBAN refugees allowed (cause they vote GOP)!

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        • edge

          I never seem to agree with you but I was referencing the covid programs.
          How come you don’t complain about the tens of trillions that have been sucked out of the bottom 2/3 by the oligarchs?
          It seems that hate has the better of you, the crap you complain about is comparatively nickles and dimes.

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          • purdy

            Yeah, but paying anyone to not work demoralizes that person ..and makes the hard-working guy – who now feels like a fool for working – more likely to say fuck it. Country’s on a bad path.

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        • bob smith

          Try living on the free “income” the poor receive you doofus. It’s still worse than your trading gains which also suck.

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  4. edge

    Woot! Up 1.25%. Didn’t think it was possible after my BABA calls sunk. Wasn’t quick enough again. I need to quit trading by smartphone.
    Yes, I know better…need at least three screens. Long story.

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  5. edge

    Might have missed my coal short, or at least the best part of it. Goddammit.

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  6. the_wolf

    Hyper booolish oil inventory numbers,…
    Oil man mutha fukka

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  7. edge

    SOXS Nov 6 calls .53.

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  8. purdy

    Nice call. But will stock labs continue to be available after you’re sent to a reeducation camp for refusing Pfizer?

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  9. purdy

    Shorted Naz here.

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  10. roguewave

    from EV
    15 months ago, defi hit $10 billion in total value locked (amount of value held across defi contracts)

    Today, defi crossed $100 billion.

    Banks: we are coming for all your customers. You have failed them and it’s time for hyper-capitalistic market vengeance.

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  11. Mr. Cain Thaler

    “Nurse, mark patient time of death, Wednesday October 20th, 1:02 PM EDT”

    “Yes, doctor”

    “I’m going to hit the course. Have someone clean this up.”

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    • Mr. Cain Thaler

      …or not.

      Thought that bad 20 year auction would do it. Instead we’re back to the long sloooow glacial crawl.

      The marjet is going to wait until 10 years hit 3% to react, isn’t it?

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