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
23,441 Blog Posts

Stocks Are For the Birds

I must say, I am thrilled to be in cash, not participating in this fuckery. Like I said before, I expect this rally, one way or another, to last until May. It most certainly will last until tax day. You know those government fuckers will try to boost confidence, in order to suck some more money out of your checking accounts.

If I was investing, I would be buying select health care names, like CI and UNH. And, I would be building short positions in HME, ACC, WRi and MAC. In other words, I’d be setting up pair trades.

In addition, I think shorting a little oil here makes sense, since we are still in a deflationary vortex. Then, I’d nibble at names with rich balance sheets, like TTWO or AAPL.

One thing you fucktards need to understand and hear this well: “The Fly” doesn’t need to be invested at all times, since he is not addled with spastic retard syndrome and has enough gains, year to date, to placate all parties involved.

I’ll be back to tossing you fucking faggots into active freeways sometime next week.

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42 comments

  1. mrkcbill

    Jed is God

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  2. TraderCaddy

    I will take Obama’s answer as I knew about the bonuses but let’s not talk about that.
    Someone needs to ask Obama what government produces as opposed to taking away form private industry.

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  3. T MOE

    Of course he doesn’t answer the question about the AIG contributions to him

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  4. J

    Fly: re health care.

    Are you concerned with the potential demolition job the Dem(olition) party does to healthcare?

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  5. TraderCaddy

    Write this down.
    He (Obama) is setting us up for a government takeover of our 401ks,pensions,IRAS,etc. just like a Latin American banana republic.
    Read between his lines.

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  6. shazbot

    @tradercaddy – they will be coming out with an option for folks to have the government hold the money instead of an investment house. nothing will be forced. i’ve already researched this.

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  7. Ozark Hillbilly

    This rumor about the government taking delivery of stock has got to be BS, for a multitude of reasons that I do not care to list.

    Internet brokerage firms have been completely inundated over the past two weeks by people wanting to buy AIG in particular, but also C and BAC (might as well include FNM, FRE, GE), because these are “the deals of a lifetime,” as I have repeatedly heard from truckdrivers and cowpunchers.

    I’m not attaching a timeframe to this, but this bear market will have to see all of these people lose their money. That’s just how these things work. We are down to the lowest rungs of the socioeconomic ladder supporting the market with their $250 accounts.

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  8. wiglebot

    “spastic retard syndrome”
    I have had that before, it is not permanent.

    I am one too many commas deep in this rally and stressing. But, JAVA is reliving the good old days.
    .

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  9. JakeGint

    He (Obama) is setting us up for a government takeover of our 401ks,pensions,IRAS,etc. just like a Latin American banana republic.
    Read between his lines.

    You know what I say to that shit, don’t you?

    Viva la Revolucion, mothaflickas!

    (Bang! Bang! Bang-Bang!)

    ___________

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  10. J

    Caddy, he wouldn’t dare do that, i reckon he’s actually a little like Bush when he first started, which is a punk over his head who doesn’t know shit. He’s in over his head and doesn’t know if he’s arthur or martha.

    The tax cheat will be gone by the fall and Summer will take over.

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  11. JakeGint

    I’m not attaching a timeframe to this, but this bear market will have to see all of these people lose their money. That’s just how these things work. We are down to the lowest rungs of the social ladder supporting the market with $250 accounts.

    If you think this rally is retail driven, you need to go back to the U of Razorbackia and take another math class.

    __________

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  12. JakeGint

    Stocks are for the Boids.

    Which is why I’m poichasing (sic) earl ovah heah.

    __________

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  13. up or down after fed?

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  14. BAC 6.99 +0.72 (11.48%) Mar cap 44.75B

    Bac’s market cap only $250 million from hitting the TARP.

    I have 35,000 of those little fuckers.

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  15. Cash-N-Guns

    infrastructure stocks should get a bid here soon after being goat-raped. CLF -buying now.

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  16. DiskoBalls

    When The Fly’s money isn’t growing in the markets, its either growing at the poker table or stuffed down a strippers garter.

    The Fly’s money is always allocated.

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  17. MOOBER

    http://fixcnbc.com/

    interesting, but futile

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  18. TheArtist

    Fly just curious, do you still have that watch?

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  19. the prof

    looking for 185 down on the day…

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  20. down 185 on the day would be great

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  21. scamster bisket

    looking for 185 down on the day…

    Sold. I’ll take 185 up for $200 Alex.

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  22. J

    moober

    You seen the signatories of that swill… people like the owner of the Daily kos, media matters.

    They want a socialist CNBC. That’s what those douchebags want. Not saying it shouldn’t be fixed but I wouldn’t be peddling hate filled fuckers like the Daily Kos piece of shit to be wanting changes CNBC to what he likes.

    Fuck those fuckheads.

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  23. Ozark Hillbilly

    Jake, that is not what I am saying.

    What I am saying is that all these people have to get sucked in before we can bottom; i.e the public must be kept involved for as long as possible, so that Wall Street has warm bodies to sell to.

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  24. TheArtist

    Just watch Bloomberg, and lets just have CNBC’s viewer base dwindle to nothing, that will get their attention. I switched to Bloomberg 100% as of yesterday and really like it. I have not watched it fully all day before, and it is leaps above CNBC…..

    Just switch over, it is easy, and if everyone does it, CNBC will rot on the vine.

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  25. Cash-N-Guns

    mkt going up…not down shorties….Michele goatface skank Cabrera should be sucking carnival horses balls…fucking annoying illegal mexican bitch…has Kneale drowned yet on his fishing trip…?

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  26. JakeGint

    What I am saying is that all these people have to get sucked in before we can bottom; i.e the public must be kept involved for as long as possible, so that Wall Street has warm bodies to sell to.

    Agreed, but the public is still not even in this rally yet.

    Your crazy gamblin’ hayseeds aside, I mean. 😉

    _________

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  27. isay

    I have to Dish upgrade to get Bloomberg and am already paying way too much for bullshit TV. Bloomberg is clearly more professional and Fox Business has got to be unwatchable. I wouldn’t know about it. I’m stuck with CNBC or KFNN business radio. and I am buying SRS right now.

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  28. Buckeye Bob

    FWIW – and not much else, in this bear mkt, the avg rally was 22 days and 16% (a quick summary of data from Bespoke), but big extremes in the different rallies

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  29. Buckeye Bob

    Isay:

    You can easily stream Bloomie, but without the data tixs

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  30. Donny

    Message to you Fucking PermaBear Motherfuckers!

    I have you know, that Donny is well back in to the black for the year. In fact, my gains in BAC are borderline thievery. My cost basis in FAS is now $5.92. I plan on keystoneing that POS within the next couple of weeks.

    Watch and learn!

    Fuck Yes!

    8)

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  31. isay

    Hey B Bob, I will try it again, I had no luck before. Thanks.

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  32. JakeGint

    Donny is back, and in the third person!

    My cost basis in FAS is now $5.92. I plan on keystoneing (sic) that POS within the next couple of weeks.

    What is that some sort of Pennsylvanian trader term?

    __________

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  33. Donny

    Keystone is a retail term, meaning a doubling in wholesale price. 100% gross margin. Donny plans on a 100% profit in FAS

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  34. downsouthjukin'

    Agreud. Donny is back, sweet!

    Agreud. — Phonetically similar to the recently added Oxford English dictionary term ‘Indeud’. See ‘Indeud’.

    The idiomatic origins of the term remain elusive. It is, however, known to have cut across all economic strata (i.e. from Pikers to Distinguished Gentlemen.)

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  35. isay

    You Gig’em JakeG. 3rd person reminds me of “George is getting angry!”

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  36. TraderCaddy

    Quick.
    Somebody ask slobbering Barney Frank about that gay prostitution ring being run out of his apartment.
    Clueless.

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  37. Pete

    Donny…I wish you luck…I hope you are right…but such grandstanding is often followed by a swift swipe of the samurai sword to the neck.

    Pete

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  38. Darius

    Im sick of hearing these assholes talk about illiquid assets. If I have a pile of shit in a bag, should I be surprised that no one wants to buy it for $100?

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  39. Buckeye bob

    Boy has the world changed, it’s FED day and we’re watching Barney and company

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  40. Keyser Soze

    Monetizing the debt. Dollar is trash. Buy gold.

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  41. PRICERUNNER

    Like I said Short Squeeze heavan. I bought some FAS @ 5.85 today. I knew some shit was in the works from the price action.

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  42. John Galt Says

    has anyone else noticed that any common caliber ammo (.38, .40, .357, etc.) are out of stock at just about any retailer and the online sites like Cheaperthandirt.com? local gun shows here draw thousands and weapons and ammo are being sold in case lots. Sen. Durbin wants to suspend 2nd amendment rights citing the Mexican drug wars, believing all the weapons are coming from here, so law-abiding citizens should be banned from owning guns….?

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