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
23,471 Blog Posts

Epic Intervention

No point of me keeping the charade up any longer. People, I am besides myself, missing out on the God of all rallies, Sultan of all squeezes, King of all boomshackalackas. Saying “I don’t care about the market going up 5% per day, because I’m a dick and that’s life,” is a minor embellishment, if I might be so truthful as to say so.

While it’s true, I have no lost one wooden nickle, after locking in 25% (ytd) gains; it vexes me to no end to see pricks like you make coin, trading the easiest tape known to the Universe, while I sit here chomping on sandwiches.

So you know, literally, I cannot trade, since my accounts are in transit. I will leave it at that, regarding my career move.

On top of that, I am dealing with insane people, who are more apt to dealing with moonshine distillers, than men of industry, such as myself.

Anyway, despite the market spiking, Commercial Re is still weak. Had any of you listened to what I was saying, short ACC, HME and RIG, during yesterday’s fuckfest, you’d be up today. So, quit spreading urban legends that “The Fly” has been wrong.

“The Fly” is NEVER wrong, even when he is wrong, if you know what I mean. I said we’d hold this rally until May. Thus far, that looks like a promising scenario.

Also, by the way, Senor Tropicana is about to advance to the next round in iBankcoin’s Final Four contest.

Don’t fuck with me.

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36 comments

  1. 4fl3x

    Don’t Fuck with The Fly.

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  2. Bill Walton

    Fly,

    What happens with GLD and SLV when Oil goes downnnnn?

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  3. The Zombie

    The PPT Rules.

    The Fly is God.

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  4. wawaweewa

    Eating sandwiches?
    LIES!!!!!

    Fly’s latest video.
    http://www.youtube.com/watch?v=vASd3QGn8eo&feature=related

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  5. mrkcbill

    How bout some lotto #’s fucker?

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  6. Fly Livermore

    SKF to.01

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  7. GenerationOilBottom
    GenerationOilBottom

    This rally will mimic the Spring rally of 2001, post-election of Bush. That rally went from March 21 to about May 18, 40 trading days. So we should have 25-30 trading days left –
    say five weeks, which takes us to early May.

    In fact the entire post-election pattern since November 2008 to now looks like the pattern Nov 2000-March 2001. Downturn the first few weeks post-inauguration, then 40-day rally.

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  8. ryan

    sounds like you are trying to get through tradestation’s outsourced paperwork department.

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  9. The Fly

    faz and fas to swap places.

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  10. Unhappy with PPT
    Unhappy with PPT

    I don’t think the PPT rules. In fact I’m thinking about stopping my subscription. The forum is pretty dead and is mostly used by newbies. The stock scanner needs a lot of work to come anything near StockCharts or Finviz so overall it seems like poor value at this stage.

    I’m sure it will be better in time, but at this point I’m not getting any value from it.

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  11. Carey

    Oh man… Faz and fas to swap places?? that’s just bad i am in faz… i saw the ppt hybrid score yesterday was at 2.7 i decided to go short since you said 3 would be top.

    dang.

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  12. Fly,

    ‘faz and fas to swap places’

    can you explain?

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  13. The TODD

    Time to nibble on a little FAZ and SKF.

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  14. ‘faz and fas to swap places’

    I see. how the fuck you do that?

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  15. jg

    spelling: sultan

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  16. gappingandyapping
    gappingandyapping

    Fly how many fucking redemption’s you having to make before the end of the month? Why the fuck would someone, ah never mind I mean its not your performance its the performance of their other shit and your just a fucking side effect. People always do the opposite of what is right. They would throw away a gold making machine if they lost their silver business.

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  17. gappingandyapping
    gappingandyapping

    ACC is about to shit hard.

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  18. faz and fas to switch places means that FAS will be higher per share than FAZ eventually…at least that’s how i understand it

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  19. Rodney Dangerfield
    Rodney Dangerfield

    Can someone please helpme get this green shoot out of my ass?

    Thanks in advance.

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  20. Pete

    do you intend on telling us what this big career move is?

    Weve been hearing about it for a month. Yet no clue. All we know is that you are not writing a book.

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  21. Or will Faz start running up and fas down?

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  22. Marc David

    I’m with Pete. You say it’s not a book. You aren’t becoming a bodybuilder. There’s some money being transferred so maybe you’re switching brokers. Don’t make this crowd guess.

    Maybe there should be a Final 4 Fly’s Career. We all pick what it will be and the winner gets a “Fly is God” Cafepress t-shirt.

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  23. lieutenantfox

    This rally is about to sh*t the bed. I would love to see the wheels come off this wagon. Come on red.

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  24. gappingandyapping
    gappingandyapping

    Fly on ACC I got a different debt calculation, where am I wrong:

    You Said:
    ACC: With more than $550 mill due from 2009-2012, and only $180 mill in cash, including a line of credit, ACC will need to raise a lot of money or go away.

    I see:

    2009: 373,414
    2010: 153,972
    2011: 254,400
    2012: 123,233
    Total: 905,019

    Where did I go wrong?

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  25. Nostradamus

    Fly im predicting the death of your website, since you are not trading and eating sandwiches while the easiest money is made… the other bloggers suck dick all day long, btw I knew about fas and bot at 3.6.. be warry of buying the top fly…

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  26. killderiche

    Bring on the guillotines. Vandalism is not enough misery for this prick.

    http://www.marketwatch.com/news/story/Home-former-RBS-chief-attacked/story.aspx?guid

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  27. Juice

    Kass tosses long rentals, gets short at SPX 820-825

    Kass is the man with the ball now .. not The Fly, who is calling audibles, while eating samwitches from the sidelines.

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  28. CKaltner

    Govt Tarp subsidizing SRS holders…

    …..Meanwhile, a recent report by Tenantwise claims that the government’s Troubled Asset Relief Program is contributing to falling office rents by effectively subsidizing the financial companies that have the space to spare and enabling them to charge less than what would other wise make the market.

    “If they didn’t have the TARP behind them they wouldn’t have the money to offer outsize work letters” said M. Meyers Mermel, CEO of Tenantwise and a competing building owner.

    To sweeten the sublease deals, TARP-funded work letters being offered to tenants range from $100 to $200 per foot, up from a “regular” $45 to $55 a foot.

    As a result, Mermel said it is “having a depressing effect on what tenants will pay.”

    http://www.nypost.com/seven/03252009/business/thrifty_to_land_in_unique_spot_161163.htm

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  29. The Fly

    A. The other bloggers on this site own.

    B. Fuck off, I don’t want your readership. I got shit to do.

    C. I will trade when i am God damned ready.

    D. Liar. You are not a PPT subscriber. Finviz can suck my testicles.

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  30. wiglebot

    The Fly made the right call on this rally, but freaked out one morning after too many monster energy drinks and sold everything.

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  31. Danny

    Here you go complainers. A perfect gameplan for the next few days/week.

    3/25/2009

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  32. j-daddy

    Fly,
    Is the rally through May based on seasonality, i.e. “sell in May and walk away”?

    Also, if FAZ and FAS swap places, I’ll pick up some FAZ and eat a sandwich.

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  33. Cash-N-Guns

    FAS – FAZ -Fly comment- if i may be so bold as to interpret…FAZ is going alot lower–FAS going higher(not necessarily today)…DUH…fucking dumb clams…

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  34. Henry Fool

    SFLY

    Shutter Fucking Fly is BTFO

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  35. Henry Fool

    Don’t be an idiot and miss SFLY to $10

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  36. Fly,

    Why go to the monkees when we can go straight to the organ grinder?

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