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
23,417 Blog Posts

Inflation is for Asshats

I can tell you, there is no economic downturn at “The Fly’s” household. The tree is draped in gold, and the presents are so abundant; I trip over them, when trying to walk into the den.

After doing some serious, but casual, thinking, I’ve concluded short China will be my #1 pick of 2008, much to the chagrin of my FXI position.

It makes zero sense to expect the Chinese exchange to keep going up, when they are tightening monetary policy and being “homo-hammered” with inflation. When the fucking wheels fall off, “The Fly’s” burgeoning FXP position will make him rich-er.

As for today’s trading:

My prophecies of RIMM “unloading a clip or two” on the bears is coming to fruition, mainly because “The Fly” is much smarter than you.

I don’t like the market here, as it is being run by semi-alcoholic rank amateurs, who try to behave like robots.

With the remainder of my day, I will go for a ride in a long black car, in order to throw firecrackers at the fucktards on Wall Street, exclaiming: “don’t worry pal, they’re only jumpin’ jacks.”

Off to spend some euro’s.

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19 comments

  1. TraderCaddy

    Let’s play the blue line game. It is dull daytrading stocks today. I would rather work at a travel agency than trade stocks or bonds today. Maybe I will book a plane trip or maybe buy a computer today. Time for lunch. I will use the microwave.

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  2. Woodshedder

    Your opinion is now moot, quitter.

    My prediction? My blog with squiggly lines will surpass yours for traffic this month.

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  3. The Fly

    not a chance, Wood.

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  4. The Fly

    Based upon recent traffic stats, my blog enjoys 14 times your bullshit traffic.

    Odd, no?

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  5. Woodshedder

    I think I’ll join the PUG.

    There must be a conspiracy to keep my blog traffic low.

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  6. Woodshedder

    By the way, since The Fly is too humble to ask, let me remind you to vote for the man, the myth, the best business blogger, The Fly.

    Just click on the Russian commie in the right sidebar. It is easy, and all you need to register is some bullshit yahoo email address.

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  7. TurkeyNeck

    So you have presents out already? You don’t surprise your kids with presents on Christmas morning?

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  8. The Fly

    Turkey:

    I do.

    We have presents from Mom/Dad, and extra different ones from Santa.

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  9. TurkeyNeck

    Only Santa would come early to your house, nice.

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  10. Woodshedder

    That’s how we do presents too. All presents not from Santa start appearing as soon as they are wrapped. Santa comes that night and leaves a bunch of unwrapped presents, as if they came straight out of the elves workshop and to our house.

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  11. newequity

    MVIS practicing deflation, patents expiring after Christmas.

    odd,no.

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  12. Frosty

    HMC…covering most and stop the rest over the high today…hope you enjloyed it WOOD, time to find some fresh meat.

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  13. Leawoodblues

    RIMM is cheap

    Woodshed – does it mean something if it blows thru 50dma and 20dma right here?

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  14. spencerpratt

    wood, tell me more about your christmas holidays. it is really interesting

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  15. mrkcbill

    TC- 3 in one paragraph. Nice work.

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  16. BOOMER

    Our elves make PSPs and Star Wars Renegade Squadron. And BB guns.

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  17. Woodshedder

    Spencer- in my household, people like you get coal for christmas, unwrapped.

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  18. Woodshedder

    Leawood, I’ll take a look at it. Likely, RIMM will undergo a lengthy multimonth basing process before moving significantly again.

    Although earnings on Dec 21 could really change everything.

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  19. JakeGrinch

    Coal is a good present this year.

    Better than shitty greenbacks.

    _______________

    RIMM will die,

    The bets are in

    Fly will cry

    Jake will win.

    Short China soon

    not presently

    Bid not BIDU

    For victory.

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