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
23,443 Blog Posts

Boom Shacka Lacka

Keep in mind, at the time this post was written, “The Fly” was under the hallucinatory affects of massive doses of allergy medicine.

No one can stop me. I’m like Batman (the new “cool” one, not that homo from the television show) beating down Jokers (bears), while pulling boats and RPG’s from my “utility belt” and shit.

As you know, “The Fly” has multiple wins taking place today, specifically in [[FNSR]], [[VSE]] and [[FTK]].

I just buy what makes the least sense; then lo and behold, I end up rich-er.

Shocker.

I sold off some more [[SKF]], in order to make room for more longs, such as [[PCZ]] and [[AUY]]. I’ll have you know, gold is going higher, again.

Look you, there are 1 billion/trillion reasons why the market should “shit the shower” then die like a filthy pig. However, since our Government is no longer intrigued by viscous market declines, we no longer have to endure them.

It’s that simple, in a “unfree” market.

Just know, I’m always trading on eggshells, sensitive to every tick. For now, I am happy to go long and milk this “Government rally,” much to the bears’ chagrin. However, I will switch and leave you bull fuckers at a drop of a hat, without notice.

For now, enjoy.

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10 comments

  1. CubsRock

    Fuck Allergies, Fuck Stocks, Fuck the Government….

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  2. Green Writer

    1434 S&P on a closing basis will roast all short sellers.

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  3. sniper6

    Thanks for the good words on AUY, thanks more for RACK. Would you call your pal Cramer and ask him to pump JAVA for me?? It’s fucking killing me, but slowly.

    I am starting to like Canadians better, but only the ones who speak English.

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  4. ottnott

    I don’t care where the S&P closes.

    Consumers are tapped out, are running out of equity to borrow and banks willing to lend on that equity, and are bummed by the declining value of their homes, by wage increases that are failing to keep up with inflation, and by a Federal government that is doing nothing about the situation other than to come to the rescue of financial wizards that get bigger annual bonuses than the average wage earner brings home in a lifetime.

    By all means, use charts, voodoo, prayer, meditation, whatever you want for trading. I haven’t forgotten what this blog is all about. Just don’t forget that reality is still lurking out there. It will wake up hungry and feast on the unwary. It is especially fond of the taste of those who believe that the markets predict what reality will be.

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  5. Spanky Paulson

    Now that you’re with the Program, Señor Fly, I am now intrigued by viscous market declines.

    Be prepared to die, as soon as your last short is covered.

    Sincerely,
    the Spankster

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  6. Buzz Lightyear

    To infinity and beyonnndddd!

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  7. Leonard The Monkey

    Recessions are for losers.

    Solar and drilling stocks will hit new highs every day for the rest of the year.

    I haven’t seen one fucking soup line, dammit!

    No soup line, no recession.

    My Ramon Noodles are depreciating faster then the value of a goat in Romania with HIV.

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  8. ottnott

    This will be a luxury recession. Families living in their full-size SUVs will be far less cramped than were the families that had to live in a Taurus.

    And, with the 3rd row of seat folded down, the family can store many more cans between trips to the recycling center.

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  9. Uncle Sam

    On the bright side, We are about 1850 points away from seeing The Fly streak on Fast Money.

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  10. ZenProfit

    Isn’t that The Fly streaking on the Wallstrip intro?

    http://www.wallstrip.com/

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