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

Ignore This Run and Die

Today was the first 3 day winning streak for the S&P 500 since August. I am telling you now, The Turkey Gods are angered by some of you, not celebrating “The Big Feast.” They will, and I say this in the most insincere way possible, sneak into your house, while you’re asleep, and beat you to death with large turkey legs.

Ignore me at your own peril.

“The Fly” enjoyed one of those “can’t go wrong” type of days, with gains in FXP, UYM, C, BAC, TNA, GME, UNH, just to name a few.

As you know, I bought some M today and intend on selling it at much higher prices.

Look you, the retailers are so cheap, so coiled, with loads of moronic bears embedded in them. Any semblance of life in their Christmas sales, and they will fucking sky rocket to the Sun and back.

Nothing to see here fucker, just trying to stay ahead of the curve.

Sometime soon, it will make sense to hedge up and get all bearish and shit again—-but not yet, BAMBOO loving motherfuckers.

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31 comments

  1. The Zombie

    HA!!

    The Fly is God.

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  2. Gio

    These low volume days are a slow death to the shorts. Melting up.

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  3. soicysoicy

    Fly, props for the heads up on the turkey rally

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  4. Woodshedder

    Good enough Fly. I’ve got loose stops.

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  5. yo adrian

    GM and F can hit the ATM and bam, another 1k up?

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  6. BLM - BAMBOO Loving Motherfucker
    BLM - BAMBOO Loving Motherfucker

    I love that repeat line from The Gladiator, “… but not yet”.

    Developing…

    The Fly is a god that writes incredibly well too.

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  7. stocktard

    dead turkey bounce rally

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  8. Itchy & Scratchy

    “Dead Turkey Bounce.”

    Very funny Stocktard.

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  9. bailout lover

    Bailout Lover’s First 2 Laws of BailoutDynamics:

    1. For any n, n bailouts are not enough.

    2. Without n+1 bailouts, the financial system and/or the real economy will go be destroyed.

    Welcome to the world of CRS, which are swaps to hedge againt the credit risk of CDS, credit default swaps.

    The iteration of financial nonsense has no bound.

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  10. Itchy & Scratchy

    when can we expect a selloff

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  11. Karl Marx

    Itchy,

    When Wood is writing abput loose stools instead of loose stops, you’ll know the sell off is at hand.

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  12. omfgitsjd

    I think the fuckin retailers are a good idea too.
    Black friday retail data will show that things suck, but the suck factor is already overly baked in. If one moron buys his girlfriend some nighties they will probably spurt up.

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  13. bravo

    God, this Fast Money show is humorous…I love the bald guy with the asian facial hair and the ponytail who talks really really loud.

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  14. bravo

    The other totally bald guy loves himself, especially his nonstop use of metaphors.

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  15. Contrary Indicator
    Contrary Indicator

    Based on this post, I’m thinking of buying UGE.

    Is that not the greatest, most Trumpian ticker ever?

    It’s virtually guaranteed to print money.

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  16. Q4

    Jewelry Store – http://www.youtube.com/watch?v=pgBeCB5NDIM

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  17. gappingandyapping

    Zach Karabell has a fucking clown wig on.

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  18. Darius

    I wonder what the Christmas numbers will look like? The knife is falling, and the fly wants to catch it in his teeth.

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  19. Darius

    For illustration purposes this is the fly.

    http://www.fotosearch.com/bthumb/PDS/PDS132/200308779-001.jpg

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  20. omfgitsjd

    oh yeah, christmas. “Don we now our gay apparel fa la la fa la la la la la”.

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  21. gappingandyapping

    You have to be a fucking Homosexual cum guzzler to not buy JCG in the single digits. Yes balls on the lie call me in 9 months homo, buying it.

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  22. ishopatmacy

    I shop at Macy a lot. There are still tons of customers everytime I am there. Thinking of buying M at this low price. Good idea or Fuck the fly?

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  23. scum bucket

    The turkey gods don’t come around here anymore, I filled ’em full of lead seven years ago.

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  24. Ozark Hillbilly

    As if my opinion matters, but I agree on the retailers. Certain death and doom is priced in. If any life appears, and I believe it will, then we are off to the races. I’d like to play this with some options ….

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  25. Bob Dobbs Jr

    Fly, I’ve found you out. JR Bob Dobbs (FLY) has been hiding in plain sight for years, punching moustaches off and being right, even when he’s wrong.

    http://www.youtube.com/watch?v=1_UnbySrOQo

    “A glowing beacon of slack amongst the darkness” = IBC

    I know the truth and you can’t hide anymore, Bob.

    For more information on Fly’s “Other Job” as hero and savior of a whole religion of on-purpose asshattery –

    http://www.modemac.com/page3.html

    WTF Fly/Bob give up the SLACK.

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  26. Shorty

    Dude, you are a friggin Genius! M is a STEAL right here. They have a gigantic dividend that goes Ex-Div on December 11, the stock is coming around after getting completely shit upon. Man, I love you for this pick.

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  27. colombian guy.

    i was in the wrong side.
    had a “not so good day”.but your insights had been useful.
    thanks fly,

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  28. Former Macy's employee
    Former Macy's employee

    M is a poorly run company. It doesn’t matter how strong their balance sheet looks to you. It’ll be the same shit as injecting more cash into F or GM without forcing them to change their business plan. They will eventually get their asses handed to them again.

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  29. shove a bamboo up your ass.

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