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

You’ve Been April Fooled

“The Fly” doesn’t need no stupid Vulture Capital funding. It was all a big ruse, in order to force some of you lemmings into emailing me congratulatory messages. MISSION ACCOMPLISHED. It’s one of those “The Fly is winning, despite the appearance of losing” sort of moments.

The market is crazier than bat shit in a mental hospital, with herky jerky moves, kneecapping then “splendour [sic] fucking” (I realize that term is meaningless) overzealous short sellers, who wear pink suits to work and yellow turbans to bed.

My SRS position did fine, while FAZ took brassed knuckled jabs to the teeth. At the present, I am content with the action in TLT and SPIL. Moreover, after all of the mark to market/G-20 circus geek act is up, I promise you, “The Fly” will step into this market with great vigor and fashion, in an effort to perplex and annihilate the many foes betting against me.

So you know, I’ve been spending my days eating ham sandwiches and talking to business associates, aside from blogging. Let it be known, I have many irons in the fire; so many, you would not believe me if I told you.

When down and in doubt, depressed about your pathetic lives, feel solace in knowing, somehow, somewhere, “The Fly” is winning and enjoying it.

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53 comments

  1. CAP

    The FLY got APRIL FOOLED into thinking anyone would fall for that Vulture Capital Funding thing. Har Har Har.

    EDIT: I made the first reponse to this post. Need to think of something clever to say. Hmmmm….
    The Fly is God

    JED sweeps the bathroom floor at Burger King

    MrKCBILL wears a blue nike sports bra to the gym

    ZOMBIE drinks SlimFast to maintain his figure

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  2. The Fly

    I got voice messages to prove my victory.

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  3. JakeGint

    Is “form blogging” that kind of blogging you do with one of you taking the “water” Wonder Twin, the other the “animal shapes” Wonder Twin?

    Wonder Twin Powers…. ACTIVATE!

    Form of …. a Jettisoning Foun-TAIN!!

    Form of …. a red-assed BABOON!

    _____________

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  4. JakeGint

    I got voice messages to prove my victory.

    Oh gosh… PLEASE tell me you got Howard??

    _______

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  5. so i herd you liek mudkips
    so i herd you liek mudkips

    YES YES! Please let it be Howard that left a message.

    post the audio WIN to the internet, plox.

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  6. The Chart Addict

    haha. I also have evidence of foolery.

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  7. Aristotle

    Indeud!

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  8. Dinosaur Trader

    I’ve finally figured it out… this whole “I’m winning all the time” thing is about positive thinking.

    You’re just another new age hippy. The difference is that you’re hiding out with questionable characters who use foul language.

    -DT

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  9. idiots

    just proves there are many idiots reading this blog…

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  10. DPeezy

    A funny April 1 ruse + social commentary all in one!
    http://www.guardian.co.uk/media/2009/apr/01/guardian-twitter-media-technology

    Stupid twitter.

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  11. The Fly

    you are one of them.

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  12. The mkts is not jerky jerky or fucking with anyone. It’s doing one thing going higher. Mkt is undervalued here and well for sure get chasers. The only losers are short it.

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  13. RC

    I proposed to my wife a year ago today, she thought it was an April fools joke.

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  14. ottnott

    Dangerous move, RC. Glad it worked out.

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  15. so i herd you liek mudkips
    so i herd you liek mudkips

    RC: haha, genius for proposing for reals on april fools.

    Also, have you seen The Yankee Prankee? A long running prank-feud, with one of them involving a stadium and a fake proposal (in which neither the boyfriend or girlfriend knew about it), comedy gold.

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  16. Cash-N-Guns

    Fly will you be trying (OTB style) to game the markie mark game…? Additionally SRS was strangely strong into this rally…any thoughts appreciated…off to bbq some fresh pompano…and have a few single malt scotch’s while laughing at the jerkoff UAW executives.

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  17. The Fly

    “The mkts is not jerky jerky or fucking with anyone. It’s doing one thing going higher. Mkt is undervalued here and well for sure get chasers. The only losers are short it.”

    Remember those words, gorilla man. You shall be eating them shortly.

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  18. The Fly

    7,800 here we come, w00t, w00t. Bull market.

    In other news, one of my reverse 4 horsemen got taken down a notch, BAM

    S&P revised its outlook for Weingarten Realty Investors to negative from stable. “The outlook revision reflects our concerns regarding Weingarten’s comparatively large 2011 debt maturities in light of the company’s above-average leverage. We believe Weingarten’s efforts to improve liquidity and deleverage over the next two years will be challenging given the current weak retail environment and constrained capital markets.”

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  19. Eric

    The idea of this site getting a whole lot bigger doesn’t seem far fetched, at all. I can see why anyone might have believed the ruse.

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  20. mrkcbill

    This site is Less Worse than all the others.

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  21. Cash-N-Guns

    this site today…was cnbc like- useless.

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  22. TheArtist

    so does that mean we won’t be getting our t-shirts?

    shucks…….

    by the way, everyone is out of 9mm

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  23. Cash-N-Guns

    Artist…re 9mm –> http://www.gunbroker.com – You will find some.
    Was long 100 AR-15’s- from 3 months ago..all gone at tasty mark-ups. Cheers

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  24. Manuelstop

    Yea; dammit. I was stokin my PayPay account for that Fly-line of trading gear to go with my worn out boxers.

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  25. Bruhah

    Fly,

    Your prose has been epic lately.

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  26. so i herd you liek mudkips
    so i herd you liek mudkips

    For those of you that are long financial for tomorrow:
    FASB April 2 calendar notes, including a link to the webcast to listen to the meeting live

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  27. FlyVisitor

    Didn’t you recently say “POOF – Say good bye to the Rally”
    and post a Merlin poster?

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  28. Keyser Soze

    Some of the economic data stops getting worse, so that’s a reason to believe a recovery is about to begin and justifies the continued markup in stocks?

    Lots of hope out there in stocktard land.

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  29. JakeGint

    I proposed to my wife a year ago today, she thought it was an April fools joke.

    Who else thinks maybe RC was pulling a little “Kenny Powers” here, and hedging a possible rejection?

    “What? No??? Err… aahhh haha haha! Joke’s on you, anyways! APRIL FOOL!!”

    _____________

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  30. Needle dick the bug fucker
    Needle dick the bug fucker

    http://www.fasb.org/fcag/FCAG_G-20_Progress_Report.pdf

    March 31, 2009
    The Rt Hon Gordon Brown MP
    Prime Minister
    10 Downing Street
    London SW1A 2AA
    Dear Prime Minister:
    We are writing to you in your role as host of the meeting of leaders of the G-20 nations on April 2 in
    London. We respectfully request that the Secretariat circulate this letter to all meeting participants.

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  31. dishobgyn

    Fly
    admit it you have underperformed the market since the market lows by 50 percent.

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  32. Trader Bob

    Fly
    You’re not the only one engaged in winnery. I’ve got a BS and BA in winnery. I wrote the text book. Happy fool’s day.

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  33. boca

    Thank gawd… all is still right with my world if the Fly is still telling everyone in sight to f-off and not taking orders from some VC guy.

    DPeezy, too bad about that pool though.

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  34. The Fly

    Correct. In bizarro world, the market is up 75% ytd. Therefore, my 25% gains are underperformimg by 50%.

    My apologies for such awful advice.

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  35. Lord Bagel

    You’re not the only one engaged in winnery. I’ve got a BS and BA in winnery. I wrote the text book. Happy fool’s day.

    It’s not “winnery,” it’s “winship,” you cantering trog!

    And you shall hereafter refer to the Fly only as “Your Winship,” and then only after removing your scabrous chapeau!

    The affrontery!

    __________

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  36. The Fly

    Dennis Gartman is a fucking imbecile.

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  37. mrkcbill

    Fly do you wear a yamika while eating Ham Sandwiches?

    Did Gartman just miss the price of Copper by 60%?

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  38. so i herd you liek mudkips
    so i herd you liek mudkips

    FLY: have you considered holding IEF instead of TLT? The fed seems to be buying 7ish year treasuries, is there a benefit to be holding longer-term bonds?

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  39. DPeezy

    @boca:
    I was already looking forward to the upgrade and the ability to entertain an even greater quantity of honeys, hoes, and bitches.

    Oh well, maybe Obama will help a brotha out.

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  40. sundown

    … you better take care … when it feels like I’m winning when I’m losing again … yAHOo !

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  41. Buckeye Bob

    Don’t worry, be happy, tomorrows change in M2M didn’t come fast enough

    http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a1Va5SmQCD1o

    Fannie Mae and Freddie Mac Receive $46 Billion From Treasury

    Freddie’s net worth was negative in both the third and fourth quarters. The McLean, Virginia-based company took $13.8 billion in aid from the Treasury in November. Washington- based Fannie’s draw from the fund yesterday was its first and goes toward erasing a net-worth deficit for the fourth quarter.

    Both companies said in recent securities filings that they will need more aid and that the $400 billion Treasury lifeline may not be enough to stay afloat this year.

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  42. Needle dick the bug fucker
    Needle dick the bug fucker

    The Treasury payout yesterday included a $15.2 billion investment in Fannie’s preferred stock and a $30.8 billion purchase of Freddie’s preferred shares, the companies said in separate filings to the Securities and Exchange Commission today. The companies must pay a minimum dividend of 10 percent.

    Bwhahahahahaha they cant get shit from the banks but the entity they own coughs up 10% Holy Shit!!! Minimum dividend…. Just what the hell does that mean>

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  43. Trader Bob

    You’re not the only one engaged in winnery. I’ve got a BS and BA in winnery. I wrote the text book. Happy fool’s day.

    It’s not “winnery,” it’s “winship,” you cantering trog!

    And you shall hereafter refer to the Fly only as “Your Winship,” and then only after removing your scabrous chapeau!

    The affrontery!

    I’ll refer to the Fly which ever way I feel. The discipline I engage in is Winnery not winship or witchcraft. Ok shortstack. Short we go via SRS and FAZ. I do not need the stack of the Fly because the cost of living in Cleveland is much less than NYC.SIFO

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  44. arth

    thing about CRE is that it doesn’t need to die just yet. loans are later, many things could happen. sure its a game of musical chairs and we’ve passed the era of Peak Credit.

    but big money is concentrating on sustaining a good rally at the moment and getting things moving. and ignoring crap like job numbers. they are not concerned with destabilizing the CRE market at this time.

    if they had any sense (doubtful), then the CRE sector would get thumped many times to do a kind of stress test on everybody in the sector. weak names will get shown, some will get forced down and out early. but its not a good idea to just hammer the whole sector right now. so big money would avoid doing so.

    or possibly I don’t realize how greedy and dumb everybody is.

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  45. FastEddie

    Nice one Fly! I like the banner!

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  46. Guns and Rice

    I just had my pizza delivered by a guy in a Lexus. No doubt purchased on credit with Chinese money. The delivery guy was wearing Boston Red Sox baseball cap in Houston, Tx. I love this country…

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  47. Needle dick the bug fucker
    Needle dick the bug fucker

    I had some day labour show up in a Lexus SUV. Then they complained laying sod was too much work.

    Who said their not Americans.

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  48. isay

    Guns and Needle
    You guys are both around Houston. Texans Fans?
    From a guy who just got pulverized with golf ball sized hail near Austin.

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  49. GranahWeepNiniBong
    GranahWeepNiniBong

    Anyone notice the famous John Hancock building in Boston sold in a foreclosure auction for $660mil. Ha! I hope the racist janitors from Southie have to take a pay cut. Fing scumbags.

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  50. Buckeye Bob

    Wow, this board is quiet tonight, that must be some kind of indicator.

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  51. HA! Free Madoff

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  52. I say

    Hey Buckeye,
    I missed today and am catching up on reading. Calm before the storm or are we headed to 850. I’m with Fly, Something has to give.

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