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
23,424 Blog Posts

“WE NEED A FLUSHOUT”

We are at the stage in this sell off where SUCKERS get lured back in at the end of the day in order to be EXECUTED the first of each and every morning. We are, without a doubt, BARRELING back to new lows. The only question is: how fast?

The plebs will soon FESTOON the TV with calls, such as “IN ORDER TO BOTTOM, WE NEED A FLUSH OUT SELL OFF.” Or, maybe “WELL GEE WHIZ, THAT SELL OFF WAS BAD BUT IT WASN’T CAPITULATION. WHAT THIS MARKET NEEEEEDDS IS A GOOD OLDE FASHIONED CHOPPING OFF OF THE HEAD AND RIPPING INTO OF THE STOMACH — ENTRAILS REMOVED AND COOKED ON A HOT PLATE IN FRONT OF DYING BULL.”

What you are not taking into account — mostly because your brains are so little — is markets are tracking closely to the Russian war with Ukraine. When we were rallying, SLAVA UKRAINE was all the rage and we had the Ruskies on the run. Now look at the Ukrainian army, totally in fucking shambles getting tossed into a meat grinder for the sake of NATO unity.

Soon, the Russian offensive from Belarus will commence and if successful — the end of NATO will loom large. How do we price in the end of Pax Americana?

I suppose we’ll find out soon.

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3 comments

  1. bambam

    With all the AI deepfakes, chatbots, etc etc.. I pretty much don’t believe anything. I don’t believe Twitter. Nor the whole war in Russia they’re winning or wait they aren’t.. oh the kids! Covid resurgence in China.. or this bullshit market that will or might or maybe won’t flush and within days be bought up.

    So yeah.. I don’t believe in any of this anymore and I’m in cruise control mode. Not selling a single thing including ETH

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  2. richardweiner

    I wrote a pithy holiday poem.

    Nigger, nigger. Fried chicken dinner.

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  3. flea

    The markets are on knife’s edge.

    E-mini’s instantly dropped 35 points on news that BOJ jacked up their 10-year 50 basis points. The e-minis recovered 25 points instantly a few hours later because … FOMO.

    Totally f’ing schitzoid.

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