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
23,446 Blog Posts

Short the Consumer

“The Fly” is quite busy, so I’ll make this brief.

Aside from my friends & I, everyone is broke. There is no more money to be spent, mainly due to “worldwide gayness.”

As a result, it’s safe to go short all consumer related names, until the coming recession is over.

Seriously, betting against fat mountain bitches, via [[CWTR]], worked. Moreover, betting against stupid shoes with wheels, via [[HLYS]], made you rich-er.

Now, I’m betting against stupid furry boots, via [[DECK]].

Those fucking boots are stupid. Whenever I see them, I get the sudden urge to throw a snowball at the woman wearing them.

God forbid I ever saw them on a man; I might just punch the fur off of his face.

Aside from that, the bear market is back. We’re going lower.

Top pick: Short DECK

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33 comments

  1. alphadawgg

    “Now, I’m betting against stupid furry boots, via (DECK: 138.26 -5.61%).Those fucking boots are stupid. Whenever I see them, I get the sudden urge to throw a snowball at the woman wearing them. God forbid I ever saw them on a man; I might just punch the fur off of his face.”

    Now THAT is some funny shit. The Fly has mojo today.

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  2. tehdrunky

    at what price would you start buying skf?

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  3. Danny

    retailers suck.

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  4. The Fly

    100

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  5. tehdrunky

    fxp is going to be a big winner.

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  6. BOOMER

    One of my peers at the record label wear those damn man boots. homo.

    no offense ‘shed.

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  7. TraderCaddy

    WWGD-What would George (Costanza) do?

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  8. jojo

    I was in New York between Christmas and New Years. Every sigle store was completely sold out of Ugs. I had to buy my daughter that fking Willy Wonka goose.

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  9. Juice

    short the consumer durables via SZK … fuck that shit, just because its ‘recession proof’ business , paying 30 pe for fucking toothpaste, soda & toilet paper

    short TAP … on a precipice for you chartmonkeys

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  10. Pudfucker

    For those without access to CNBC, Charlie “The Pitbull” Gasparino reported an analyst took a shit on the floor of a bathroom stall at MER. A MER spokesman confirmed “an accident” did in fact occur.

    So, the story is that some prick is upset about his bonus and decides to take it out on a lowly janitor working for minimum wage. I think Stan O’Neil still has an office at WFC, why not go take a shit on his desk, big man? Or drop a load on the trading desk for their moronic ineptitude in not hedging? Or leave the guys who originated the garbage paper a Homemade Hershey. Why pick on the janitor? He had nothing to do with it.

    Wall Streeters really are the biggest assholes on the planet, bar none.

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  11. alphadawgg

    Uggs are comfortable…so I’ve heard.

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  12. Juju bear

    Careful what you say, Pud. The Fly is a Wall Streeter. Make preparations for an incoming internet laser beam.

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  13. BOOMER

    Titanium Metals Chairman Buys Stock
    Friday January 11, 12:47 pm ET
    Titanium Metals Chairman Harold Simmons Buys 10,000 Shares for $22 Apiece

    NEW YORK (AP) — The chairman of Titanium Metals Corp., which makes produces titanium products, bought 10,000 shares of stock, according to a Securities and Exchange Commission filing Thursday.

    In a Form 4 filed with the SEC, Harold Simmons reported he bought the shares for $22 apiece Wednesday.

    Insiders file Form 4s with the SEC to report transactions in their companies’ shares. Open market purchases and sales must be reported within two business days of the transaction.

    Titanium Metals is based in Dallas.

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  14. Juice

    Ugg’s are very comfy … I owns a pair

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  15. BOOMER

    Juicy!

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  16. Juice

    Harold has been buying stock since 49

    maybe now its good

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  17. james

    What about BWLD Fly? Sell now and come back later?

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  18. TraderCaddy

    George Costanza is buying CWTR here for a daytrade (doing the opposite).

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  19. The Zombie

    Capitulate, Freaks! Sell it all!! Now!!
    The Fly is God

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  20. Juju bear

    Careful about following the “insiders”. They sometimes get it wrong just like the common fucktard.

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  21. Gunners

    are there any short the consumer ETFs worth looking at?

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  22. pablodpt

    I am eating MCDs with JNPR sauce

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  23. alphadawgg

    TC,
    The Costanza method typically works well when there’s high volatility at market / price extremes.

    However, short, fat bald guys who wear their clothes too tight are not the type of trader I would want to emulate.

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  24. ottnott

    The Costanza method would be to buy the consumer stocks.

    The consumer is all bummed about plummeting home prices, rising energy/food/drug costs, rising unemployment, and mounting credit card bills. They are tapped out and feeling the strain.

    The only thing that will make them feel better is to fill out a few of the credit card applications that come in the mail each day and go shopping.

    Except the new bankruptcy law makes it harder to have all that credit card debt wiped away. If we want to goose the economy, we need to change the law back so that those millions of people facing bankruptcy can go on one last blowout shopping spree before filing their papers.

    George Costanza for President!

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  25. Shorticus, Demigod of Financia
    Shorticus, Demigod of Financia

    Good afternoon children,

    I am sorry that I’ve been away the last two days in meetings with Zeus and Hera and Apollo getting approvals for future “lightning bolts.”

    I note that the insolent Dawg whose arrogance drives him to take the first letter of my beloved alphabet has taken advantage of my absence.

    Good for him, he will need that small amount of cash in the very near future.

    Developing.

    Mr. Fly? Hoping you’re enjoying the venison sandwiches today.

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  26. jeff

    SMN SZK SCC SKF RXD SIJ DUG SRS SSG REW SDP QID

    Here’s the original hedges for you, there are more…

    yahoo quotes:
    http://finance.yahoo.com/q/cq?d=v1&s=SMN+SZK+SCC+SKF+RXD+SIJ+DUG+SRS+SSG+REW+SDP+QID

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  27. alphadawgg

    Shorticus,
    May you be buried in a big vat of goat cheese and shipped to Romania for consumption.

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  28. jeff

    FXP+

    Hey internets fuckers, don’t get a vaccine with mercury, just don’t.

    http://www.truthnews.us/?p=1617

    http://teslawasright.blogspot.com/search?q=vaccine

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  29. TraderCaddy

    George Costanza is now buying INTC.

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  30. Shorticus, Demigod of Financia
    Shorticus, Demigod of Financia

    Insolent OmegaDawg,

    For that sass, you are sentenced to roll a three ton wheel of Romanian Goat Cheese up a hill of loosely assembled bean curds for eternity.

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  31. DanB

    FRY, I want ROBSTER again. Prease, herp.

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  32. Woodshedder

    Jeff, you’re wrong about vaccines and mercury. Look at the study from Japan.

    Anyway, late call on DECK fly. I recommended Saturday.

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  33. TraderCaddy

    George Costanza is going to now short gold stocks.
    Positions: Long INTC,CWTR,short GG

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