iBankCoin

GERMANY WINS WORLD WAR 3!

Europe is shitting the shower, following a “successful” Italian bond auction. However, that was accomplished through the efforts of the ECB. The Euro is cratering, down by more than 1.2%–sending shockwaves across our futures. The result is a much stronger dollar, treasuries and fucked up gold and silver pinless hand grenade action.

Thanks to the perverts in Europe, we will likely give back everything we gained on Friday.

However, don’t let the Debby Downers get you down for Zynga is coming public this week. Need I remind you that GSVC owns a piece?

At any rate, the “Pandemic People” over in Germany are “winning” in a Charlie Sheen sort of way. By the time they complete their victory, the entirety of Europe will be a smoldering pile of shit. Having said that, Intel just warned because of Thailand. I am not so sure that is makes sense to believe Thailand is the real reason behind this fuckery. Let’s just assume the world is stupid and we need to make smart trades.

NOTHING is long term, not even your life.

Comments »

2012 Will Be Grim

I haven’t quite finished my predictions for 2012. As it happens, my time machine is in the shoppe and I am left with very little plutonium to travel forward. However, rest assured, all of the things you see and hear now will be resolved, one way or another, in 2012.

Perhaps the Mayans were onto something, with regards to the end of the world. Although we shall remain here in the physical sense, our spirits will be dashed as the entirety of western finance comes crashing down. If you think about it, the Mayans were true sages.

I expect short sellers will resume their headlong assault with great alacrity, immediately, during the calendar year of 2012. This means, you need to get your financial house in order right now. This is the proverbial last hoorah and you would be keen to lock in profits whenever possible.

All is not lost, for as servants of the stock market, we can profit from the demise of others like true macabres.

Many of of you are too young and/or stupid to understand what is at play here. So let me be bold in assuming you can read and write on a 5th grade level to tell you this: what you see here is a respite, a mirage of sorts in the vast dry deserts of humanity. Drink up the ambrosia best you can for giant scorpions are about to impale you and devour you whole.

Happy trading.

Comments »

BEARS CRUCIFIED ON THEIR ALTARS

Today’s melt up is classic. All of you fuckers who were looking for DEFCON 2, professing how this market is supposed to work, are being abducted and probed by space aliens today. Your greatest fears have come true, as we bowl on you with cannon balls.

This is potato peeler to the face trading action. This is the Ghost of Christmas future taking you to your grave.

I suspect we have significant near term upside. The PPT flagged OVERSOLD yesterday, which is why I sold TZA. It wasn’t luck.

There is a specific ebb and flow to this market, all foreign to the one tracked bird brains who clog up my fucking Twitter stream with absolute drivel. I’d like to drive a fucking rail spike through your skeleton.

Into the bell, I like my chances applying pain to the short sellers of RBCN, REDF, LULU and GMXR.

 

Comments »

Throwing Some Dice

I like the way sentiment shifted this morning, as consensus went from “OMG, we’re fucking doomed” to “Europe has been saved again.” Also, Cramer took his DEFCON 2 threat off the table, always a good thing. I bought some DECK, MDR and TNA. I didn’t go all in, only allocating about 15% of my cash–leaving me at 25%.

The thought process is fairly straight forward: maybe, just maybe, we can focus on US fundies for about two weeks, leading into an end of year melt up. If not, I will be proven wrong, forced to take some losses. This shit doesn’t scare me, it really doesn’t.

Out of all of my positions, believe it or not, I like RBCN best now. The short position is too fucking big and the stock has been acting strong. Look for this shit to peel off the fucking faces of unsuspecting bears soon. Also, I like GSVC. It’s one of those stocks that is able to punch people in the face, all day every day, and no one will even notice.

Yesterday I was declaring “be scared” and today I’m bangin’ out million dollar trades on my iPhone. So goes the market.

http://www.youtube.com/watch?v=HRQFd3TWoF0

Comments »

European Horse Shit

I have an early morning meeting to attend and I see the futures are fading. The truth is, buying on a Friday with this European horse shit to deal with over the weekend is a high risk play. If you’re into that sort of thing, have at it.

I intend to buy this dip, at some point. However, I’d prefer to see a really ugly trading session before I allocated my 40% cash horde.

In my personal/aggressive account, I am 100% cash, waiting to leg into TNA or ERX.

Comments »