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
23,533 Blog Posts

Bulls Stomp Bears

Without a doubt, BEAS is hacking the vote and will be dealt with accordingly. It is too coincidental that his vote count stays at 31%. As far as I’m concerned, Alpha is in the lead.

After [[FNM]] posted a bowser of a number, the market looked set for a pullback. However, after a few lines of Columbian cocaine, the market reversed and the bulls were back to mud-stomping the bears.

Early this morning, I pared down my [[SKF]] trading position and bought some more [[FMCN]] and [[NVDA]].

We live in bazaaro land. Enjoy.

Oil is out of control to the upside. With my money, I like [[RIG]].

Also, I added a new name today, [[BAP]].

BAP is a financial institution in Peru. Basically, it is a play on the burgeoning cocaine trade.

Finally, I must say, the refiners are dead. Fuck them and the stupid horses they rode in on.

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11 comments

  1. The Game is Rigged
    The Game is Rigged

    Noone else is saying it so i will. The markets will never be down again.

    There, now that thats out of the way back to buying…

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  2. CubsRock

    Goldman Sachs said bad stuff on NVDA today. Saw it on notablecalls.com. I posted it on Ragin’s blog this morning, but it never showed up :/

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  3. ottnott

    Haven’t you heard? The coca farms are being plowed under to plant the soybeans that have been booted out of their former fields by the corn planted to feed people who were cut off from their food supply by the farm subsidies disguised as ethanol subsidies that result in the production of fuel that gives you crappy mileage in return for your contribution to high food prices and the destruction of forested areas.

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  4. TraderCaddy

    I hear that Jimmah Carter and his elections monitors are heading to NYC to watch this election for fraud. Jimmah Carter, as we know, likes to monitor the electoral process involving dictators and authoritarian types like Hamas, Hugo Chavez and now iBankCoin.

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  5. Helmut Newton

    Mein Gott, that would make a great photo….!!!

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  6. ottnott

    Dear Leader Fly is loved by all his people, and we welcome his necessary corrections of our ungoodthink.

    Brother TraderCaddy will now report for corrective instruction.

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  7. The anti-Fly

    I will be buying the refiners, in size.

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  8. JakeGint

    Hmmm… the “anti-Fly.”

    I believe I shall call you ….

    “Walk.”

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  9. Big Mike

    I guess I’m going to follow Rick Santelli’s advice: “FOLLOW THE MONEY!”

    Look at Natty (UNG), you cannot find a better looking chart.
    Since Goldman Sach’s is predicting oil at $200 in a year, you can’t go wrong with natty. Boone Pickens and Dennis Gartman are very bullish on that.

    I’m getting my legs blown out shorting Pot and Long SMN. I had to capitulate and buy some ags as a hedge; looks like a very legitimate 15% retraction from overbought levels (even if its a bubble).

    I figured out how to trade this environment and bought Fannie Mae when it was down 7%. Watch Freddie lose a $5 billion and raise capital and stock will pop 10%.

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  10. The anti-Gint

    Run, don’t “Walk”

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  11. JakeGint

    Lol. (Must be a Crackboy fan).

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