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
23,533 Blog Posts

HARD COLLAPSE OF WESTERN FINANCE CURRENTLY UNDERWAY *

They said it couldn’t be done, there was too much cash on the sidelines and too much turkey in the month of November to crash lower, yet here we are bogged the fuck out to the tune of -500 NASDAQ over the last 2 days.

You might look in on your permanent bull friends for a wellness check today because we are STEAMING the fuck lower, amidst the dollar soaring and interest rates in kind.

The idea of buying the dip is foreign, since the pivotooooooors have been violently eliminated from the game of play. All that is left is pain and enduring the market as it unwinds and blossoms into true crisis.

I’m now 97% cash, +60bps for the session, a consummate professional unfooled by the daily occurrences.

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