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
23,474 Blog Posts

While You Wallow, I Grow Richer

Quit being bullish, you stupid goat fuckers. Why is everyone so quick to call a bottom?

Please. Bear markets, spearheaded by recessions, last for 2-3 years, minimum.

Right now, I do not want to chase [[SKF]] here. However, I do like [[SMN]] and [[DUG]]. Moreover, my favorite trade, ahead of Fed easing, is to be long gold, via [[DGP]].

I know it seems too obvious to work, but it will. Gold is set to break out to a new trading range, just like oil. Additionally, I want to be long yen here, via [[FXY]]. It is my opinion, the dollar is about to shatter the 1995 lows versus the yen, sending FXY to $105. Keep in mind, Japanese corporate hedges will kick in, at some point—sending the dollar reeling.

Finally, “The Fly’s business is burgeoning right now, I’ll have you know. Over this weekend, I intend on eating large quantities of seafood, while barbarically guzzling multiple bottles of Bordeaux.

Fuck you. There is nothing you or your stupid friends can do about it.

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31 comments

  1. oy

    “Finally, “The Fly” is getting too big for this website, I’ll have you
    know. His asset base is climbing and his client”
    What happened to that part?

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  2. The Fly

    I changed it

    So sorry.

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  3. oy

    I thought it would end “..asked The Fly to marry him.”

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  4. The Fly

    You will never know.

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  5. Abc

    you won’t ever leave us, right FLY?

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  6. The Fly

    Wrong.

    I will.

    So sorry.

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  7. Gunners

    fuck a rally

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  8. TraderRenn

    Looks like the PPT isn’t quite dead yet. I think they are using the extra 500 Billion to prop up the market.

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  9. Helicopter Ben

    I’ve got my rally beard on, boys!

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  10. Fear

    Suckers! I love it.

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  11. JakeGint

    I just space alien magicianned shorting the March calls on SKiffles, FXP, SMN, and QID.

    Listen to this… I got $6.50 for the FXP 110’s! For less than five days of hope! Holy crank!

    They’re all lower than where I sold ’em at.

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  12. Fear

    We will finish at the lows. Fear is camping on your front lawn.

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  13. David Copperfield the Hut
    David Copperfield the Hut

    I have landed, briefly, on Earth, to teach you about selling zero theta calls on Friday afternoon before expiration week.

    Ask your questions.

    I will require that one of you remain behind for a “snack.”

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  14. oy

    Ridiculous. The market rallied into the 3:30 “Gasparino Golden Shower Hour”, didn’t get a bone, then turned right around.

    People should have to pass an IQ test before being allowed to manage anything more than five figures. Like, count the number of sides on simple geometric shapes, shit like that. Throw a circle in the list, and really fuck them up.

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  15. Nippon Ministah of Finance
    Nippon Ministah of Finance

    I am purring revers flanticarry, and yet I cannot stop….

    YENZIRRA!!

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  16. Courage

    Camp all you want, by tomorrow you tent will be soaked in $4.00 a gallon gasoline and lit with a $1.00 bic lighter. Fear this.

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  17. Nippon Ministah of Finance
    Nippon Ministah of Finance

    Circur is easy, sirry white devir.

    Infinite “side.”

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  18. JimmyCayne

    You grow richer and I lost $130 million on paper today. But Dennis Kneale says I only lose money if I sell, so I’ll just sit tight and wait for the stock to come back. Fuck that bitch at Oppenheimer who says my equity could go to $0.

    But just in case she knows more than Dennis, the $17 million cash bonus I paid myself in 2006 should keep me in good smoke for a while.

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  19. oy

    Don’t fuck with the ultra ETF options, it’s a wide market and you will burn your sausages.

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  20. Fear

    Courage. You are exactly the reason I am continuing to hang around. You and your fake lion suit can go fuck yourselves.

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  21. alphadawgg

    Yen traders will be sipping rich man’s saki and eating Hibatchi grilled 2 1/2″ Kobe steaks tonight.

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  22. Juice

    OK, tradable bottom next wednesday .. u heard it here fuckers.

    Warning: Do not try to play it unless your IQ is sub 90.

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  23. Fear

    The sirens are singing.

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  24. SaTaN

    The dollar better shit the shower soon.

    Update: fuck this shit, again.

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  25. Fear

    Do you know me? You will. You think the open on January 15th was bad. You haven’t seen anything yet.

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  26. Juice

    This all ends with dollar pukeage. Everyone is still thinking of delinking the dollar. Once they start acting, there will be no room out the door.

    Then the world will self-destruct & Jesus will appear on a cloud.

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  27. Courage

    Fear-
    You and your “No Fear” T-shirt can go wipe the cum off client # 9.

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  28. Breakfast Meat

    Capital gains should be raised to draconian levels, 60% or higher. Margin accounts should be outlawed. Rambling at the mouth gambling day traders are self-delusional scuz balls, in a phrase, useless eaters. I hope the big fish eat your lunch Fly.

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  29. Hey Sausage Man,

    Let me guess, going bald and a small penis right?

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  30. Breakfast Meat

    Hey anonypuss, That’s my line.

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  31. Bob

    Risky theme. I think you’ve hurt someone’s feelings, but what’s for me – I like it. No matter what they say if your opinion is true.

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