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
23,417 Blog Posts

The Gods Have Blessed Me

Here we go again. The fuckers on CNBC are getting agitated by the market decline. My neighbors are in grave danger of losing vast sums of retirement savings. And, “The Fly” is on the verge of “double greatness.”

All of these things are natural occurrences of life, let alone the blogosphere.

Look you, I’ve got so many wins—Willie Randolph just called me and asked for one. As always, I told him to go fuck a horse, then proceeded to send someone to punch his mustache off.

Oil is melting higher, yet oil stocks are lower. The reason: source of funds.

Fund managers are blowing out of positions, regardless of fundamentals, like what happened in early January. Ultimately, as a result of the distribution, there will be great bargains.

Just know this: fuckers want out of this market in the worst way. They need to de-lever and will sell anything to raise cash.

The breakdown in the banks/brokers is telling. My “reverse four horsemen” are tanking, which includes: CORS, FED, DSL and FHN. Throw WM in there for good measure. A bonus, if you will.

On the brokerage side, I’m making professional athlete money in short MER and short LEH.

Within the ag space, POT, MON, MOS and all of the other absurd farm stocks are being pressed, then shot.

CHL and LFC are being deballed, leading to big dicked gains in FXP.

However, I must say, with everything going on, I am not content. That bitch of a whore, FTK, should not be down. It vexes me.

On the bright side, it is my birthday. As a result, “The Fly” will have an extraordinary day.

It has already been written.

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27 comments

  1. CubsRock

    If the Q’s break $48 the market will be fucked.

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  2. BanD

    HAPPY BIRTHDAY!!!

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  3. Woodshedder

    Good stuff.

    Have a good birthday.

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  4. Green Writer

    Yo happy Bday Fly…A toast of tropicana to you and your family. May this year be your best so far.
    Peace

    I would toast some beer or cognac to ya, but it is only 11am

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  5. Mushroomz

    Happy Birthday fucker.

    I finally listened and shorted LEH at 42.54

    Fly fades back, swiiishhh

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  6. Adam

    Happy Birthday! Much appreciation in helping me bank coin on this glorious NYC day. Can I buy you some rich man’s whiskey this evening?

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  7. gappingandyapping
    gappingandyapping

    Have a great birthday Fly. You deserve the wins being so patient. I am more than pleased with this destruction as I am heavily long FXP, SMN, DUG, Short STLD, Short LEH. I am good with sitting on my hands for awhile now. I will not initiate any further longs other than SONC.

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  8. BOTD

    pay off your mortgage in less time?

    SHORT your mortgage lender.

    Lower Every Hour = LEH!

    Happy B-day Fly. bring out the fortune cookie.

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  9. Joe Schmoe

    Damn! I’ve been reading The Fly for months and now I find he’s got the same birthday as me. How cool is that?

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  10. SomeDude

    Happy Birth Day!

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  11. Hattery

    Death to LEH!
    Happy B Day

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  12. gappingandyapping
    gappingandyapping

    DUG is starting to look good here.

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  13. Avg. Joe

    Happy Birthday Mr. FLY !

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  14. draklor

    you birthday….nothing to me.

    saying make it money? NOPE I Dont think sot. look some trading book for learn how.

    hate u,
    draklor -.-
    +2135 ytd

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  15. gappingandyapping
    gappingandyapping

    STLD is breaking down hard here.

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  16. kd

    happy birthday Fly!!!!!!

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  17. brushbuck

    Happy Birthday, youngun’!!!

    I’m sure it pleases you that MaVIS continues to soil herself. End og August maybe not so much.

    Capstone Turbine [[CPST]] is having a mavis like pullback only not as bad from its unsuccessful attempt to close above 4. IMO anything under $3.50 is an opportunity to get in or buy more. I will add more shortly.

    Ivanhoe Energy [[IVAN]] is moving up in anticipation of a contract(s). Good article reprinted today on the technology and main officers of this company. Extremely speculative, but I will probably add on strength.

    Pack in May and Go Away: oh yeah. The brushbuckette and I are closing shop at our winter abode and heading up to our summer cabin. The line don’t go to our place, so will be incommunicado until Oct. Unless I accompany her on the weekly “head down the mountain thru the locked gate, 12 miles, to town for provisions. But that would mean using a computer at the little local library and I’d probably have to get a card or something and then wait for my turn. We’ll see.

    By the way, I’ll be having a very significant birthday this summer myself (can you say Social Security) on 08-08-08. Odd, no? Might just have me a party…no one under 57 1/2 invited

    To all the good people, have a great summer and may all your trades/ investments turn out well.

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  18. The Fly

    http://finance.yahoo.com/q?s=CN08.CBT

    Corn is about to go negative.

    VSE and AVR should respond.

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  19. brushbuck

    Oops! The IVAN article can be found on the Yahoo/finance message board. Sorry.

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  20. Joey DOnut

    Happy Birthday Broker A !

    Your boy Jefferson Krull says he can’t lose betting against Willie Randolph… LOL~!

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  21. Woodshedder

    Corn negative- short DBA.

    And, whatever else Fly is talking about.

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  22. Woodshedder

    USO and crude dropping. This could fuck up the bears plans for this Friday afternoon.

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  23. Big Mike

    Happy Birthday knee grow;

    Damn, your getting OLD! The big “40” is right around the corner.

    Cheers!

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  24. CubsRock

    Wood, I prefer DBC as it’s big on oil.

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  25. Woodshedder

    Cubs, DBC looks interesting, but I am not ready to short oil. I will add it to my radar though.

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  26. JakeGint

    Wood,

    What do you think of UPS here, RS(2) wise?

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  27. Woodshedder

    Jake, RSI(2) is at .90

    I don’t know. You might get a one or two day bounce out of it. Looks like it has broken down strongly beneath support. I think the move will continue down, unless Earl backs off 20 bucks or so.

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