Last weekend I had dinner at my favorite Chinese restaurant in the world. It’s not a fancy place. As a matter of fact, it’s a hole in the wall dump. It’s an open kitchen with like 15 line cooks, all going crazy on one giant stove, with 3 foot flames coming from the grill and people spraying the floors with cold water, just to keep the kitchen clean—at all times. It looks as if those fuckers are cooking on top of some sort of psychopath fire breathing dragon. Plus, aside from all that, the head Chef aka “slave runner” keeps me entertained with his microphone antics, constantly yelling at his cooks.
I speak of this wonderful place to distract you from the markets, for it is trying to trick you into doing something stupid. I will not elaborate, as to what I actually mean by all this. However, just know, “The Fly” speaks the truth all the time, even when he appears to be lying blatantly.
Speaking of which, Geithner is going to fuck us all, isn’t he?
On a very personal level, I’m into buying stocks again, until I get burned or maimed. I like JRJC, ACM, LNN, BUCY and even FXI. Fuck, I even like GE here for a trade. I done lost my mind!
See folks, “The Fly” is all about assisting those who are in wheeled chairs into idle manholes or elevator shafts. If I could, I’d assist them into air ducts or sewer pipes too. However, I am far too busy, banking coin, blogging like the wind on this here internets, than to fuck around stuffing people into idle air ducts and shit.
Besides, there is much work to be done on iBankCoin. Some of you wake up in the morning and look forward to slapping your co workers in the face with a hot mop. I, on the other hand, am burdened with the gift of making ridiculously accurate market calls, then transmitting such said ideas to third parties.
The burden is too great.
I insist, focus less on the intraday trades and more on what the market will do over a 5 day span. You shall and will thank me later, for this sage and wisdom filled advice.
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The Fly is God.
Hickory Dickery Doc
CAP loves to suck his cock
the clock struck 2
CAP dumped his goo
Then he sold FAZ for a loss
The Fly is God.
Even if you win, you lose. Inflation will be going through the roof in a few years, thanks to feeding the bottomless pit of debt.
Done for awhile, at least until after Timmy “Tap Tap” Geitner speaks.
Thanks SMH.
Fly,
With the utmost respect, but what the fuck was all that about?
Anyone know when the tax cheat is talking?
Dave:
WRONG AGAIN!!!
I will raise a militia and attack your neighborhood, stealing all of your food and ammo.
J
Once you figure it out, you will know the secrets of life.
Even if you win, you lose. Inflation will be going through the roof in a few years, thanks to feeding the bottomless pit of debt.
You don’t lose if you accumulate ingots of shiny yellow stuff with which they make rings of power.
Or EGO, if you like.
________
HK looks tired up here, what does the PPT think?
Godly
“The Mosh Pit of Debt”
New album from The Fuckery, out in stores soon……..
Or rolls of tinfoil and boxes of velveeta, for barter
Gonna call my Doc today and schedule all surgery that I may need for the next twenty years so that I can avoid going through Barak’s National Health Care Administrator that is hidden in the “stimulus” bill.
hk
Technical Breakdown
Accumulation/Dist. [?] 2
Price Performance [?] 4
Relative Strength [?] 1
Volatility [?] 2
Volume [?] 2
Overall Technical Score [?] 2.04
PPT Recommendation: Sell
Fundamental Breakdown
Debt/Equity [?] 4
PEG Ratio [?] 5
Price/Book [?] 5
Price/Sales [?] 2
Profit Margin [?] 4
Overall Fund. Score [?] 4.15
PPT Recommendation: Strong Buy
Hybrid Score
Hybrid Score [?] 2.92
Historical Scores
How has HK scored in the past? Click here to find out.
PPT Recommendation: Sell
The fuckery begins at 11AM.
Jake Gint: Killer chart on EGO. When do we break out of that cup and handle?
Mr KC Bill: Are you gamblin’ today? A little SKF in front of the Bank Plan?
PPT recent rec’s on EGO
No. Date Rank – Daily Close Technicals Fundamentals Hybrid Score Hybrid Change – Daily
1 2009-02-09 475 8.15 2.45 4.10 3.14 (Buy) -13.74%
2 2009-02-09 475 8.11 2.45 4.10 3.14 (Buy) -13.74%
3 2009-02-06 84 8.12 3.31 4.10 3.64 (Buy) 4.30%
4 2009-02-05 112 7.94 3.06 4.10 3.49 (Buy) -7.43%
5 2009-02-04 7 7.96 3.53 4.10 3.77 (Buy) 14.59%
6 2009-02-03 186 7.68 2.70 4.10 3.29 (Buy) 4.78%
7 2009-02-02 95 7.55 2.45 4.10 3.14 (Buy) -2.79%
8 2009-01-30 67 7.75 2.60 4.10 3.23 (Buy) -2.71%
9 2009-01-29 60 7.71 2.76 4.10 3.32 (Buy) 3.11%
10 2009-01-28 582 7.28 2.58 4.10 3.22 (Buy) 0.94%
11 2009-01-27 212 7.71 2.54 4.10 3.19 (Buy) -16.93%
12 2009-01-26 18 8.09 3.65 4.10 3.84 (Buy) -0.78%
13 2009-01-23 9 7.98 3.70 4.10 3.87 (Buy) 26.47%
14 2009-01-22 201 7.13 2.19 4.25 3.06 (Buy) -14.04%
15 2009-01-21 148 7.41 3.17 4.10 3.56 (Buy) -5.57%
16 2009-01-20 13 7.36 3.53 4.10 3.77 (Buy) -7.82%
17 2009-01-16 17 7.33 4.09 4.10 4.09 (Strong Buy) 29.84%
18 2009-01-15 6.95 2.35 4.25 3.15 (Buy) 4.65%
19 2009-01-14 116 6.92 2.10 4.25 3.01 (Buy) -3.53%
20 2009-01-13 176 7.30 2.30 4.25 3.12 (Buy) 2.63%
21 2009-01-12 111 7.04 2.16 4.25 3.04 (Buy) -11.37%
22 2009-01-09 46 7.69 2.94 4.10 3.43 (Buy) 3.31%
23 2009-01-08 120 7.57 2.76 4.10 3.32 (Buy) 30.20%
24 2009-01-07 1336 6.84 1.31 4.25 2.55 (Sell) -14.14%
25 2009-01-06 1185 7.47 2.16 4.10 2.97 (Sell) 16.02%
hmmm….
sell, strong buy, sell….They have a huge debt and very high PE – think I’m gonna short.
Steve Liesman is the most useless, bag of hot air “so called” economist I have ever listened to. His ramblings are completely void of any useful information.
On a different note,
The president is convinced that only “spending” will solve the problem that “over spending” started?
I have decided to watch all of this go down from atop a high hill, looking down upon this fuckery as it transpires.
I don’t think I need to check. The PPT, aka the computerized incarnation of Horatio Clawhammer’s cerebral cortex, has always hated HK.
I like it. It made me money, long and short.
Odd, no?
The Zombie loves an occasional Cleveland Steamer
Gonna call my Doc today and schedule all surgery that I may need for the next twenty years so that I can avoid going through Barak’s National Health Care Administrator that is hidden in the “stimulus” bill.
Right on, TC.
I have a client that owns a business that provides 24-7 boutique physician service. I imagine he’s grinning widely at the above truism.
Welcome to the two-tiered system, fuckers. Shitty health care for all, save those who can afford the good stuff.
Thanks, Obama voters.
_____________
Yep, Jake. Just like our public schools.
Look guys, the fact is that the package may actually “work”… I know this is heresy on this board and all. It may work for a few years and then it goes down for real.
The strategy is to basically incubate all the debt and have the Feds take some of it on the books. The other thing they’re trying to engineer is a massive inflationary boost that will come in the not to distant future. The big bet is they’re able to engineer asset prices to go up through massive monetary stimulus.
It’s a bet, and no one knows if it will work or not, But i wouldn’t bet all my eggs against it not working.
At the end of the day, whatever happens the average slob gets fucked through inflation and you’ll need 10 bucks to buy a beer in a Jersey shit hole.
“Speaking of which, Geithner is going to fuck us all, isn’t he?”
Yes he will.
Why not post a few losers?
They will complement your often winning picks.
SHitty health care? Canadian live till 78 on average , americans live until 75 – when will you stop believing the lies they feed you?
Depending on what tax cheat tries to sell today,the markets could respond positively to his plan and the passage of the Pork bill as people get full of hope. However the honeymoon will be short lived, maybe mid March. Then the hammer will drop.
The U.S. has the worst healthcare system on Earth.
sure he will, moe.
Health care…. most people won’t have the same health care they have now. Only the rich will. It will be done on the cheap with huge waiting lines for everything other than emergencies. That’s where the cost of the bailout is going to come from. Things like that.
If he’s able to wipe out a few 5% points off health care he’s on his way. Means test social security and he’s almost done. Suddenly main street is thankful for what he’s done and doesn’t give s shit waiting in line for major surgery.
Healthcare is what: 13 % of the GDP? He brings that down to say 9% and that’s $700 billion. Knock off the rich and middle class from soc sec. who aren’t his voters anyway and there’s $300 billion there. Cut Iraq and there’s 100 bill,. Wipe out some military spending and there’s another 50 bill.
There’s $1 trillion right there. Accumulate that for 4 years and you’ve paid back your debts.
60%bull/40%bear
but 100% not worth guessing where we will be 5 days from now.
Fly
It’s the best. You’re just spoilt. The US has the best fucking doctors and the best equipment in the world. You don’t know what you’re saying, so I’ll let that go.
the paper work is inefficient, but it has the best system ever known to human kind.
great time to buy STEM it just stopped out half a dozen jelly mustaches
zephler-
I know many Canadians who work here in the US. They go back to Canada for health care and return with stories about having to wait wait wait wait all the time. There are a lot of stories of people with major conditions having to wait long times before being treated.
A few of my friends who Canadian have decided to get care here in the US due to the long waiting periods in Canada.
The US has the best health care in the World.
Life expectancy has nothing to do with it. Life expectancy is lower here due to the poor eating habits of a lot of Americans, not the quality of health care
J
Shut up. 50 million losers don’t have insurance. I pay 1,300 per month.
Again, the U.S. has the worst healthcare insurance in the world.
T MOE…valiant effort…but probably wasted on the likes of zephler. He is clearly a left wing zealot…you really cannot reason with these sorts…but I applaud your efforts just the same.
Short HBC on any pop.
Jed-
The Zombie has “OG” status here at ibankcoin. Id be careful and STFU.
Fly-
Maybe where you are, but I have never had a problem with the health care system here. I Cali there are a ton of problems due to illegal immigrants clogging up emergency rooms with common aliments.
Fly – 1300 is better than 5% more fed tax.
And fuck the 50 million, there is no such thing as Utopia
Canada’s health care system is world class — for most procedures very little waiting time. US are fools to allow private system for basic necessity. Canada, France, England, even Cuba offer highest quality care to everyone.
Why the F would you need the profit motive to dictate health care…you’re brainwashed
I know all of our doctors go to the U.S cause they recieve a higher income, so we are short doctors here, which is probably way the wait is longer. Personally, I have never experienced a LONG wait time. I for one think our healthcare system is great!!(except for those few that abuse it)
Fly, how many kids do you have?
I pay 760 a month for my wife and I and I have complete care with low deductible. Hell they even cover my visits to my shrink!
Being a trader and a short seller, I need someone to listen to me vent.
Here is the bottom line.
If “some” people across the nation have lived beyond their means for 10 years, and in their budgeting, never planned on this credit card, 3rd mortgage, spending borrowed money lifestyle to ever end, yet here it is, and if in fact they (these ignorant over spenders) have become under water, to the point of drowning in debt and having lead weights shackled on their feet and cannot surface, how does the president think that these people will surface by the means he is proposing?
(that was one sentence by the way)
The fact is, the people that spent beyond their means and racked up debt they could never repay will have to all be sent to Cambodia and pay off their debts by massaging the ball sacks of pissed off water buffalos for the rice workers union.
The rest of us who did not ever borrow more than we could pay back will gone on living as usual…….. problem solved.
*which is probably why
Jake,
“Welcome to the two-tiered system, fuckers. Shitty health care for all, save those who can afford the good stuff.”
It’s always been that way.
J,
Tell me, how will we know if “it” “works”?
Great time to buy stocks actually. Jelly doughnut stained mustaches are getting stopped out of their favorite stocks at precisely calculated prices intended to keep them SAFE from RISK.
Ha ha!!!!
Cuba???????
You must be fucking joking. You watch too much left wing bullshit.
You go to Cuba then get back to me. The hospitals are disgusting and dirty.
Fuck you and your left wing commie basatards
This is how medical systems around the world. They cheat!
Take Australia as a good example. They try to buy all the medicines they can that are out of patent and made in India or some place like that.
Anti-biotics? I never had the shit they use here when I lived in the US as all the stuff was on patent costing an arm of leg in the US. In Australia the docs are forced to use on patents when they can. If an anti-biotic doesn’t work and they want to use an on patent one they have to call the government office and get approval. They are loathe to do that all the time because they’re watched.
Want to see the specialist? You have to go through the stupid fucking GP who tries to diagnose the shit himself because he or she is a doc and they’re smart of course.
Convince the stupid fuck you need to see a specialist because your POSTURE exercises didn’t work in curing the primary stages Lou Gerhigs disease when a poor fucks leg is twitching before the thing gives up? He has to wait 3-4 weeks to see a specialist as the fucks are all booked and as the government limits specialization to what it thinks it needs.
JRJC!!
The big issue of the day: Will CNBC put Timmy “Tap Tap” Geithner in the middle square, Hollywood Squares style?
Waiting for Godot… er, Geithner. Same-Same.
Time for some good old-fashioned 60’s style nihilism and for an added twist, a chaser of sparkly hope and change.
Good morning! I SEE DEAD BULLS!
T MOE Says:
zephler-
I know many Canadians who work here in the US. They go back to Canada for health care and return with stories about having to wait wait wait wait all the time. There are a lot of stories of people with major conditions having to wait long times before being treated.
A few of my friends who Canadian have decided to get care here in the US due to the long waiting periods in Canada.
The US has the best health care in the World.
*********************************************
TMoe you are as STUPID about health care as you are on stock trading. Why do you think HUNDREDS OF THOUSANDS of Americans go to the far East for their transplants, etc?
90% of our fuckin’ doctors are DOPEHEADS.
Our health insurers (except for Medicare) are worthless pieces of shit.
J,
Have you seen this?
http://www.youtube.com/watch?v=UCfsEuBySJ8
What are you doing with currencies?
Healthy canadian
The US doesn’t have a private system you socialist loving fuckwit. It’s all based on mandate requirements set by the state entities and the payer/user/ insurer are too far apart for the price signal to work.
It’s a socialist mish mash too, however it’s better than the socialist crap you or I call health care.
i live in cda…we have univeral health care..that is universal shitty healtchare…MRI i had to wait 6 months..i went across border and got in 7 days…i paid but so what…through our taxes we pay more here and it sux..have a place in US, and as a family we all get our yearly checkups there…we pay but get first class attention and are treated well…not like cattle like up in canada
I keep hearing that private investors have all this money and are waiting to buy these distressed assets. Well, please tell us who? Who has all this money and is willing to put their neck out? May be if the government guaranties a certain amount against losses you will see some people come forward, and that may be the idea, but I don’t see that there is so much cash out there. There may be some private equity firms, but they use a ton of leverage, and that leverage will not be available
Don’t forget to fade the fade
sniper6 has a health care plan that includes dental floss and an old fish hook to sew up lacerations, needlenose pliers to pull out bullets, a wooden stick to bite down on, a K-Bar to heat up over the campfire for cauterizing severed veins, and a goodly supply of moonshine for sterilizing/anesthesia.
T MOE …Put on a blindfold and cross the border, remove in average Canadian hospital, observe facilities, health care staff and patients.
You won’t know you’re in Canada. What has left wing got to do with providing basic health service to everyone — do you think the quality should depend on income, and why?
360.
I’m just trading in and out.
I bought Aussie below the 67 cents , set my stop at 66.43 and looking for a 3:1 shot so I’ll get out at 68 cents.
Got to admit the Euro looks really bid, They had the puke our this morn to 1.2820ish and now it looks like it wants to take out 1.31. If it holds above 1.30 for the next hour or so I’m buying and setting a stop at 1.2980 looking for a 2:1 shot.
I charge five pounds of potatoes, or a live chicken, for house calls
When I was in Windsor for a golf tournament a few years ago there was an ER facility associated with a hospital that was near the Hotel. There was a big red closed sign slapped across the ER. The people there told me the Docs were leaving for the US.
Guys-
I just spoke with the “sidelines”. They told me they have a shit load of cash AND after the Geithner plan is announced, they are going to put it ALL into the stock market (LONG).
Also, I just called CNBC and they told me that this IS the bottom and to buy stock becasue they are cheap.
SWEET
sniper add some superglue. It’s faster and better than the dental floss
What banks will crumble under the so called stress test?
Thanks Ax, but it sucks for dental hygiene. I use lacquer thinner for superficial cuts, and it starts fires too.
here we go……cranking up todays CNBC bull-shit fuckery, convincing people that “the world” will embrace the fuckery that is going to be crammed down our throats and “buy stocks long, all will be better and better, never worse from here on out”……
The tardiness of this administration is annoying
XOM just took a shit.
HURRY….get in the funnel!!!!!!!!!!!!!
Are you more interested in proving yourself right then being a successful speculator?
healthy Canadian, the socialist says:
What has left wing got to do with providing basic health service to everyone — do you think the quality should depend on income, and why?
So there are no costs then, right? There are no docs that wanna make money, no new machines. Suddenly the laws of supply and demand don’t work for health care. BULLSHIT
STFU.
Look Doofus a real private system would look like this.
Need a tit or a ball removed removed because there’s cancer? You shop around and look for the best available doc who has a tit and ball removal business going giving a price list that you can compare with the fucker down the road, who was Harvard trained and wants a premium because of his reputation compared to the other guy that went to UCLA.
Let the buying begin!
Dow down 180
Dodd? That inspires confidence. Prick should be investigated with Countrywide.
The Canadianization of US healthcare has already begun:
http://www.bloomberg.com/apps/news?pid=20601039&refer=columnist_mccaughey&sid=aLzfDxfbwhzs
Hey Fly, I think you faked yourself out. Your dick is going to be buried in the dirt in 5 days. Stupid cow.
Batter up…spin it, baby!
Short 2K of RJF @ 21.50
Clarity Clarity Clarity….not more muddy confusion…..
or we go lower!
.
j and jake,
Live and learn boys.
I will win the war.
Who is that kid talking down the markets? Oh, that’s Geithner.
LG, you’re a little late on the DOWN we go call aren’t you?
We know all of this shit
Get to it
Timmy “Tap Tap” Geithner blows. What is doing running for office?
Stop the blame and the history lesson and get on with it.
Tim talking a lot of failures…who do we need to arrest???
I miss Hank (sob!)
Is anyone getting dizzy watching Timmy go side to side?
I wonder if he ever took a public speaking class in college?
You pay 1300 a month for health insurance, fly? Big freaking deal! That’s like 2% of your yearly earnings? You really think that your total cost will go down after healthcare socialization? LOL–You will be paying much more in taxes for that healthcare.
Oh, and many of those 50 million uninsured are young single men who don’t need it and will most likely shoulder much of the burden for the costs once Obama gets his way. No matter though, big brother knows what’s best for him, right?
My wife had a horrible bout of Ulcerative Colitis over the past couple years that required a lot of different therapies. She finally had to have emergency surgery which went amazingly well and now she is back to full health. We have the best healthcare on earth. Don’t you fucking forget it.
Sold my EGO @ 8.30
I’ll be back on that one.
What about how those securities are rated? Wasn’t that one of the big problems that started all this shit
These guys are going to be busy sounds like they want to do everything … LOL
Devil Dog
I said yesterday….IF we get clarity and a clear path we could go up. I also said specifically….if we DO NOT get this clarity and instead have more muddy confusion we will languish in a stagnated miserable bored market and not go up. I also said ‘ it was a big task’ for such a young man to pull off.. his track record has not been that great.
YOU SAID there would be a big crash today….
we will see DD I am hedged…with BGZ and SRS as well as TNA and UYG.
.
LG – huh?
What the fuck????
So that’s it?
He said nothing that we don’t know already.
No meat and potatoes
Timmy needs Lassie. Come here girl…
Tim looks like he has a Blink182 poster in his bedroom
Where are the bulls now ? DONNY – how about that FAS huh ? HARHARHARHAR
For all those bulltards and fools that got sucked in. I suggest you buy some out of the money SPY puts, maybe March or April
8th floor. Going down.
the DJIA a sea of solid red…………
Dumped my DUG that I averaged into Friday and Monday. Out at 3.3% gain, early but safe.
All aboard the Funnel!!! Next stop…the November lows….(Loud Whistle!!!)
Fool adds to DVAX
It wont fill gap down to .63 but it’s stopping out jelly stained mustaches around .72 so I’ll buy!
Wow, glad I went long FAZ @ 40.65
OUT NOW @ 46,20
All you bull(shitters) just got pimp slapped. Mother market reached around one handed and slapped that smile off your face. Harhahrhahrhahrharharhar LMAO
Anyone follow this Reinhardt dude?
http://gawker.com/5141450/americas-most-correct-internet-conspiracy-theorist-calls-next-market-crash
Weirder and more apocalyptic than DevilDog, more cryptic and obtuse than Lady G, yet uncannily accurate weeks in advance, albeit perhaps a day early.
if your selling longs or shorting here your timing is off.
You have a moment to buy now. Stop being babies and go BUY!!!!
this is the Geitner trade I wrote about on Friday (and for which I was thoroughly reamed on Friday and had a miserable weekend of great embarrassment in front of “Maw.”) Unfortunately, if things go into the toilet today, Obama will be blamed. And how, anybody with half a brain, picked the crew he did to fix this problem (let alone to keep on one of the biggest Ass Hats ever to walk the earth as secretary of defense, is beyond me). The only saving grace last night was when he said “maybe the lesson I learned.” Unfortunately, he’s chosen to learn on the job. But the alternatives out there, Dem and Repug were simply unreal and coming off a genetically inbred mutation GWB, all I could think was how the hell did we get here, unless it’s some shit the Chinese have been putting in the baby formula. If this is a thorough crash, as it seems to be setting up to be (and I hope to God it isn’t despite 7500 spy short and not a single long), then Obama will be a lame duck starting today. As I said last Friday, Maw’s moving back and forth in her rocker a bit too fast for comfort.
Fun times!
New post.
sold 1/3rd position in BGZ @ $65.50
Glad to see Devilfog show up.
I think his appearance virtually guarantees a green close today.
FLY,
Since you talk of looking at a 5 day horizon, what’s your market direction outlook for the remainder of this week? A continuation of this selloff today to new lows or perhaps a reversal?