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
23,463 Blog Posts

Up, Up and Away

Seriously dude, don’t fuck around with shorts here. There is a series of news events pending that will drive this market higher, over the next week or so. If caught short during this squeeze, you will regret living and might end up shooting yourself in the face with a howitzer.

We are now in the “no short zone,” where only idiots get decoupled from their coin. Once they announce the reinstatement of the uptick rule and suspension of mark to market accounting, we will rip 20% from here.

On a very personal level, I will allocate 50% of my assets long. The remainder will remain in cash, indefinitely.

Nevertheless, into this spike, I like PCR, KIM, JRJC, CY, TNA, WNR, UYM and maybe a little NTGR.

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36 comments

  1. Shorts are asshats?

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  2. Cash-N-Guns

    god willing bob Piss-on-me will be trampled by some bulls stampeding on the Buy side….Cabrera will recieve an Anthrax letter on air..and be the highest rated show of all time…Kneale will be assfucked by 3 Pakistani short sellers.

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  3. Scully

    If you’re not a trader — you’re a NOBODY

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  4. The Fly

    god willing.

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  5. TraderCaddy

    Does this mean I should extend my time horizon past 15 minutes?

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  6. dude with common sense
    dude with common sense

    yea lets go all in long 12 hours ago you crying im selling all my longs in the morning when we pull back are you gona start cryin agean you are the king of the asshats or im mean assholes

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  7. Is it going to rip during the last hour or 1/2 hour? Up or down? Some “profit taking” will happen at some point, no?

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  8. The Fly

    STFU you illiterate pig.

    I didn’t have to sell my longs, did I?

    That’s called “trading with the Stock Gods.” They love me, while piss on your dumb ass.

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  9. j_remington

    Everyone has the right to cheer on their own poker hand, but knowing when to fold is as important as knowing when to hold.

    FAZ is working…

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  10. to dude

    hey dude with comon sense, that was the funniest post i have seen. Please post more.

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  11. blah

    I didn’t have to sell my longs, did I?
    ———————
    you did not but you were “cryin” about them, the dude is right

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  12. hmmmmm

    Dude, we are in the “Cock Suck Zone.” Where the knees are weak and the lips are “chapped,” if you catch my drift.

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  13. Cash-N-Guns

    Banned..CNBC is now shut off, too fucking stupid..like listening to teenage girls kackle…will wait for GE to cancel it November of this year.

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  14. Darius

    Looks like we are building up some support. I dont trust the volume totally, but we will have to see if it picks up.

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  15. gappingandyapping
    gappingandyapping

    SnP showing good support at 708 now that we are on top. If we falter its 705 then 702. Lets hope we can stay on top of 705 today.

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  16. Cash – I will let you know if CNBC says anything of substance…Expect to never hear from me again

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  17. TraderCaddy

    Just curious.
    Are the conversations in the PPT as intellectually enlightening as what goes on here?

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  18. JakeGint

    Just a note of caution… We are currently riding the top of a diagonally sloping channel that started 2/09/09 (for the top line) and 2/10/09 for the parallel bottom line.

    I would feel much better upon a “clear” of 720 here.

    ___________

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  19. Darius

    O noes, the tides are turning….

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  20. TheArtist

    Of all this insane crazy movement upward today across the board, UNG, nat gas just hit it’s 52 week low today.

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  21. blah

    Are the conversations in the PPT as intellectually enlightening as what goes on here?
    ————–
    one positive of ppt – no more lady g here, she is posting her enlightening comments over there

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  22. j_remington

    FYI , news headline appears on Yahoo homepage, “Stocks shoot higher on Citigroup profit news”

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  23. Cash-N-Guns

    Anon- thanks…! i may put it back on when civil unrest breaks out later this yr…Hopefully Cabrera will be sold to Chavez to service his favorite horse…

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  24. TheArtist

    Cash-N-Guns Says:

    Anon- thanks…! i may put it back on when civil unrest breaks out later this yr…Hopefully Cabrera will be sold to Chavez to service his favorite horse…

    March 10th, 2009 at 2:39 pm
    __________

    I would pay to see that. Cabrera sucking a horse cock, she would be an instant pro at it. She might even be shipped down to Brazil to enter the annual competitions in horse cock sucking, she could win the national title?…..

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  25. The Fly

    blah

    Actually, LG is no longer on PPT. She could not handle “light criticism.”

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  26. 4fl3x

    Hmm, I was thinking LG was JakeGint.

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  27. gappingandyapping
    gappingandyapping

    Here comes the attack by the homofied Bears.

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  28. DSB

    “Hopefully Cabrera will be sold to Chavez to service his favorite horse…”

    Best line of the day

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  29. Cash-N-Guns

    Artist..yes excellent idea..i dont think she has the pedigree to win, but she could be a mudder..in the money reguarly..perhaps we should syndicate the goat faced slut..

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  30. Lady G not posting here must be the BIGGEST positive of the PPT.

    No more Tennis Magazines, Cashmere, wine, Spiritual thoughts, etc…

    Please ban Lady G , oops, not needed anymore…

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  31. ChartReader

    FlyDude,

    In the “commercial real estate” area, I suppose KIM’s OK…

    But you otta’ take a SERIOUS LOOK at RPT. I’ve been trading the hell out of it for weeks. BIG BIGmoves.

    Keep up the mania man!!

    No goat-fuckers allowed.

    –ChartReader

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  32. TheArtist

    Cash-N-Guns, right on….

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  33. 3 Pakistani Short Sellers
    3 Pakistani Short Sellers

    Tell Dennis to grab the KY and get his scrawny ass to Islamabad….ASAP.

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  34. Darius

    RPT moves like it just got its cocaine fix, after robbing a corner store.

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  35. JohnN

    “Actually, LG is no longer on PPT. She could not handle “light criticism”.”” lol

    Yes I can imagine how it went:
    “Dear sweet good and gentle lady, it grieves me so to voice my disagreement with your esteemed person. Oh, unworthy wretch that I am to cause distress to such a divine creature. How I wish that it could be otherwise and I was able to agree with your choices in equity selection and subsequent management with same.
    Alas, fallen knave that I am, I cannot.
    Yours, most sincerly and agrievedly, The FLY.”
    something like that right?

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