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
23,449 Blog Posts

Milk the Governor

The good news for [[TMA]] shareholders is that the stock can only fall another buck. Good news, indeed.

As you all know by now, the news of Governor Spitzer soliciting “Ladies of the Night” sent shock waves throughout the investment community—as confidence in our markets and leadership become front page issues.

However, I must tell you, I am quite pleased to see Spitzer didn’t have some sort of absurd gay theme going on in his life. It just seems every single politician is a flaming homo. Good to see some old school, degenerate, testosterone running through the veins of a male politician (yes, that was a poke at Hillary).

As for the markets:

I expect this Spitzer shit will result in another wave of selling. People are done. They want no part of this market. Therefore, expect to see a crescendo sell off, sometime soon, much to the chagrin of the bullish variety.

Just know, today’s trading action gave instant victory to “The Fly,” against the cowardly forces of Dennis Kneale, James Cramer and Charlie “Meatball” Gasparino.

With my money, I covered my trading [[MON]] position, for a cool 40k+ profit. Keep in mind, I am still heavily long [[SMN]], whose largest short is MON. In addition, I took out a trading short on [[POT]]. Fuck POT.

Finally, sometime soon, due to the egregious manner of the recent sell off, I will build my cash position to an obscene amount, while paring down my shorts.

Basically, I’ve made loads of money this year. I find no need to “press my bets.” Until we spike hard, to the upside, I will make surgical trades and reduce my downside exposure.

Remember: Always keep a spare gun under the bed.

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30 comments

  1. Beavis

    You said, “poke… Hillary.”

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  2. Woodshedder

    I had my best day of the year. Thanks Spits Her!

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  3. Hillary C.

    Excuse me, I don’t like being “poked” by men. And no, I don’t have a “gun” under my bed, nor do I wish to “milk” the governor. This innuendo is completely inappropriate and will be dealt with accordingly.

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  4. JakeGint

    Late breaking….

    “Client #10” indicated in hooker CiCi LaButch’s journal under code “HRC.”

    Developing….

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  5. mrkcbill

    This Spitzer thing gives whole new meaning to who do you want answering your phone at 3am.

    Between the toe tapping, cigar playing, whore loving…..do any of our leaders do it just plain ole vanilla anymore.

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  6. TraderCaddy

    TXN mid-quarter update not pleasing too many in AH. … and that is why I am flat almost every night now.

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  7. Q4

    Why You Hate The Game

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  8. JakeGint

    Did you realize there’s an actual strain of “Chuck Norris Humor” out there? No joke.

    Some examples:

    Chuck Norris’ facial hair is known to cut diamonds.

    When an episode of Walker Texas Ranger was aired in France, the French surrendered to Chuck Norris just to be on the safe side.

    Chuck Norris doesn’t bowl strikes, he just knocks down one pin and the other nine faint.

    Simply by pulling on both ends, Chuck Norris can stretch diamonds back into coal.

    According to Einstein’s theory of relativity, Chuck Norris can actually roundhouse kick you yesterday.

    If at first you don’t succeed, you’re not Chuck Norris.

    Chuck Norris didn’t wet his bed as a child. The bed wet itself out of fear.

    Chuck Norris doesn’t wear a watch, he decides what time it is.

    There was only one man ever to outsmart Chuck Norris, Steven Hawking, he got what he deserved.

    Although it is not common knowledge, there three sides of the force, the light side, the dark side, and Chuck Norris.

    Chuck Norris’ tears cure cancer. Too bad he has never cried.

    There is no chin behind Chuck Norris’ beard. There is only another fist.

    If you have five dollars and Chuck Norris has five dollars, Chuck Norris has more than you.

    When Chuck Norris had surgery, the anesthesia was applied to the doctors.

    A duck’s quack does not echo. Chuck Norris is solely responsible for this phenomenon.

    Chuck Norris doesn’t believe in Germany.

    Sound familiar?

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  9. Woodshedder

    I can’t believe I read that entire list. I will never get that 10 seconds back.

    Jake, do you have some homoerotic fantasies issuing forth? First the mustaches, and now Chuck? What gives?

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  10. TraderCaddy

    We in Florida would be willing to send you New Yorkers our Governor Charlie Crist. Moving to New York will give him an opportunity to lose that tan.

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  11. Ben Bernanke Facts
    Ben Bernanke Facts

    There is no chin under Ben Bernanke’s beard. Only another beard.

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  12. JakeGint

    Sheddy,

    I am not that involved in your people’s “world” (although I do not judge).

    Is Chuck Norris some sort of secret gay fetish, there?

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  13. JakeGint

    TC —

    I tried to quiz my snowbird Mom about Crist, as I’ve heard he’s short listed to be McCain’s running mate… She was relatively clueless.

    Is he another RINO, then?

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  14. Fist Behind The Beard
    Fist Behind The Beard

    I ain’t a rate cut, either. Believe that.

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  15. Gunners

    Chuck Norris doesn’t do push ups, he just pushes the earth away from him a few feet each time.

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  16. Woodshedder

    I knew it! You didn’t deny the prison mustache fetish!

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  17. Woodshedder

    Even when Chuck is on the bottom, he is still on top.

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  18. JakeGint

    Shed,

    I didn’t deny (egregious insult against Shed’s mama deleted) either, but that is proof of nothing.

    And as I recall, it was you who had the prison pussy look going there for a while. No doubt, you were double holstered with Axa body spray at the time…

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  19. TraderCaddy

    Jake-Definitely a RINO and would thus be perfect for McCain. He believes in stuff like man made global warming destroying the planet etc. Just another bullshitter Republican IMO.
    I remember doing a paper in my political science class at UF thirty five years or so ago writing that in the future the Dems would turn farther left and be Socialists and Repubs would also go left and become the kind of liberals that Dems were in the ’70s. I guess I was right.
    The funny thing is that JFK would be considered a conservative today.

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  20. Woodshedder

    Jake, I am still in possession and proud wearer of the prison pussy. As I am still beating the women off me with sticks (except for my wife, I don’t beat her), I think I will keep it. Did I mention that they do this willingly and not for 5,500/hr? Maybe Spits Her needs a goatee. Maybe that’s why he has to pay for model quality.

    And yes, I wear Axe body spray.

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  21. thechuck

    when Chuck norris takes a bath he doesn’t get wet. The water gets chuck norris.

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  22. Employee8

    Anybody know why the selloff in healthcare?

    Just the market or bad earnings report by one of them ….. all are down: AET, HUM, UNH, WLP

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  23. Gunners

    WLP with a cut of their full year outlook. see Danny

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  24. Employee8

    Thanks Gunners

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  25. JakeGint

    No question… and sadly, Florida becomes more and more “New York” every day.

    Luckily, Mom is a Republican, so she’s not diluting your power pool.

    __________________

    McCain would be cutting his own throat if he drafted a second RINO.

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  26. JakeGint

    Shed — please tell me you were joking about the body spray.

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  27. The Zombie

    Chuck Norris is a fag. Fuck him and Elliot Sptizer. What great news on Spitzie today!

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  28. GovtFunds

    It couldn’t have happened to a nicer elitist than Spizter, he is one condescending uptight asshole who made his living busting up prostitutions rings and Wall street. There must be an analogy here somewhere, lol.

    He should end this charade of Mr. Law & Order and resign before we must endure yet another impeachment process.

    I am waiting with baited breathe for his
    new replacement, Lt. Governor Patterson, who I have the inside scoop on. He is black, a racist and blind. Hope someone tells him when NY is on Red Alert. Rumor has it, that a group of midgets will be filling in for Lt. Governor.

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  29. Christy

    Hm… all in all I’m agree with you, but your readership… what are they gonna say about it?

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  30. aaa

    It is one of things I can never understand … how people can think that way. It’s so illogical that it can only be based upon moronity.

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