92 Responses to Behold: iBC Report, Volume 1

FAZ says:

In 1940 atomic bomb was not developed yet, moron. How many years you spent in school, retardo?
Happy B-day R:)

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Anton Cigur says:

Thanks to Fly and his Supreme High Council for all the fine math and English skills demonstrated in this post.

Could Danny contribute a list of SoCal ATM locations in the next edition?

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TraderCaddy says:

Gio- Get off the beach and into your bomb shelter. The N. Korean missles have a range to Hawaii (ironic right Obama?).

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Gio says:

@traderGaddy …i get paranoid every time I hear an airplane. anyway, I’m building a sand-castle bunker. oh wait, did you say N. Korea? i thought u said Canada.

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John the Trader says:

Do you asshats want people to read this or not? If you actually want people to read it just post the PDF.

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John the Trader says:

Asshat, err sorry I mean Fly.

Embedded sucks ass. Even Gio had trouble printing charts.

Embedded the document like this just creates barriers. Posting the PDF means people can download it and do whatever they want. You’re not preventing people from printing the document with this embedded piece of shit, so you’re just making things harder for people.

If you think your information is valuable then you want to make it as easy as possible for people to access it.

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Everyone needs to shut the fuck up about the document being embedded or it being in a PDF.

Take what you are given and be thankful, you cheap annoying shitbag.

Never forget: The Fly doesnt need you, you need him.

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John the Trader says:

Um, if I (or anyone) “needs” the Fly please shoot me now. The guy’s behaves like a 12 year old retard that’d be fine is his stock picks were worth a damn.

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FAS says:

FAZ. Just a little brotherly family dispute.
We make nice at the Thanksgiving Day table when Papa SKF carves turkey although Mama SRS usually drinks too much.

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LG says:

Great report. I love how some people have the balls to complain even when they are being given stuff for free.

Im neither bullish nor bearish at this stage of this market – rather am keener to stand on the side until we move either way. However, i must remark that nearly all of the stock indices you show, can be viewed as double topping here as well as forming consolidations for a move higher.

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Your Pissed off Neighbor says:

Knock off the Island beats raghead or I’ll send the hounds over the hedges and fetch me a chunk O’Hairy fly arse

Oh…and Happy Birthday
deaf-drunk dummie

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Northernmac says:

Thank you all very much for this incredible piece of work! Enjoy your Holiday…….Happy belated birthday Sir Fly!

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Gio says:

If u want PDF, click “full-screen”, then “Print”… change printer settings by selecting your PDF printer program. if you don’t have one, then obviously you don’t need it in PDF . I use PDF-Exchange. You can also send it to Adobe Acrobat. Or if you have a queer version of Vista like me, then you can “Send it to One Note”.

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ZenProfit says:

Fly:

Why do you waste this valuable work on these freebie-leeching blog-ettes?

Clearly a lot of work and planning went into this report. Better than anything I have read that was previously posted in PPT from the “pro” shops.

Should have made it available to only PPT subs.

PDF995.com also permits print to PDF.

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The Fly says:

Zen

I am going to put reports out here for awhile to get feedback. Then I will take it under the protection and extravagant living quarters of the ppt.

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omfgitsjd says:

I thought it was pretty nifty and swell.
It kind of made me want to do an assessment of trading volume lately compared to all the high volume activity at the market low.

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gappingandyapping says:

Fly: Awesome report I loved it, good ideas, keep up the good work.

Ahmadinejad, at the press conference, also offered to debate U.S. President Barack Obama at the UN on “world problems and collective cooperation.”

Obama has said he is willing to engage in dialogue with Iran to reach a solution over the country’s nuclear activities.

Wow where can I buy tickets, I want a front row seat for this!

For those of you who want a PDF print driver, here, its the best free one out there: http://sourceforge.net/projects/pdfcreator/

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John the Trader says:

Fly,

Please make these shitty reports available only to PPT members ASAP. It will make it easier for me to take your/their money.

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UYG says:

It’s mama UYG you damn lil dimwits.

it’s not because papa SKF got stupid drunk and planted his dirty bit in the neighborhood’s slut SRS that it makes her the mother of my children. now go back to your rooms.

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The Fly says:

Here are the unflagging facts: +60% in 2008 and 50% (so far) in 2009. The rest of you are just leeching off the Gods, while throwing meatloaf at your trailer homes.

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Danny says:

did anyone notice the exact copy/paste of my famed newsletter disclaimer? In case you were wondering, that was my contribution. NL legacy lives on.

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banker says:

Zen

I am going to put reports out here for awhile to get feedback.
————————–
you want my feedback? 2 words: it sucks.

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banker says:

Danny Says:

did anyone notice the exact copy/paste of my famed newsletter disclaimer? In case you were wondering, that was my contribution. NL legacy lives on.
————————-
yea, thats pretty much all you had going in your newsletter.

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Danny says:

Banker – it’s a shame you weren’t able to get anything out of it, while so many others could. Oh well.

Jake – It isn’t artificial, it was literally zero.

mentioned at zerohedge
http://feedproxy.google.com/~r/ZeroHedge/~3/LhvS1ug9RTE/david-rosenberg-600-840-on-s.html

“Rosenberg’s morning notes from this morning are a treat. In addition to providing some critical observations on the Fed’s easing policies, and highlighting, as always, the debt deflation problem that the U.S. is stuck with, by observing the decline in U.S. commercial bank credit and the staggering increase in the Excess reserves of depository institutions (now at a record $877 billion, with a long-term historical average of $0 – yes, there is almost $1 trillion not sitting on some beach, and not earning 20%, in fact more like 0%).”

excess reserves wikipedia

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joe says:

This guy is good and I am not even a TA investor. Disregard his armagedon disosition but listen to his reasoning. Fairly sound I should say.

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j says:

Dave:

You need the story right. The discount is from last years huge contract price level. Everyone knows or at least knew last years contract price wasn’t possible.

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Yogi & Boo Boo says:

Jake,

Due to the “ginormous” numbers on the right side of the chart, the scaling looks like it was effectively zero. you can select a custom time frame and truncate the most recent data to get a picture of the earlier amounts. (Excess reserves were up to just under $20 Billion after 9/11/2001.)

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gappingandyapping says:

TC you are starting to become a 5 second tick trader :)

Tons of misdirection this morning at the headlines are fed into the algos. Watch out for a turn up soon.

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TraderCaddy says:

Yes, Gapping.
It’s the way I stay alive.
Like Whack-A-Mole. Can’t hit a mole popping up and down all the time.
Or maybe like Muhammad Ali.
Float like a butterfly and sting like a bee. Bob and weave and an Ali shuffle too.

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gappingandyapping says:

People its summer. Everyone is coming out of their holes and enjoying the nice weather. They want to believe everything is great and they are ready to spend. So really this number is not a surprise unless you have a slide rule brain.

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j says:

Gapping:

So according to you hot weather makes people buy stocks. If that’s the case maybe the Administration ought to mandate people keep their thermos up at 85 degrees in the winter and that way we’ll never see stocks fall again.

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The Contractor says:

The number is not surprising to me. Over the last few days several people remarked to me that in their opinions things are getting better and the economy is turning around.

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Bernie's accountant says:

Little cubs, little cubs, you can’t say Fly and others didn’t warn youse (sic) all.

Don’t rush out at once and please use a little decorum.

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Henry Fool says:

I have to go to Dr. appoint, but I added Fly’s ENTR and some FSYS for a trade
DVAX looks like they are testing over 1.20 to see if there’s appetite. Maybe the HEPSILAV
info is good and due out soon. I don’t know but watch DVAX for volume over 1.25-1.30

sold some CROX @ 2.68
and thinned my NG @ 4.12
and trimmed KOPN @ 3.40

positions include
CREE
GAIA
ENTR
IMGN
NG
FTK
DVAX
KOPN
XOMA
FSYS

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ZenProfit says:

You all missed Howard on StockTwits TV this morning. He worked a full HOUR before his breakfast. Wuss’s.

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gappingandyapping says:

j: I know its hard for you to understand but I have been doing this for awhile and honestly every year the same shit happens over and over again like clockwork. People naturally want to get out of their houses, go buy shit to plant in their yards, barbecue food and just generally enjoy themselves. This puts them in a good mood even if they are financially fucked. Remember markets are just as much if not more psychological as they are fundamental, especially when it comes to seasonality. I personally could give two gay fucks of proposition 8 if you disagree, its the way it is.

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j says:

Gap:

Perhaps there is seasonality, however we’re coming off a pretty torrid time economically so I’m hesitant to agree. Who knows though, right?

Look we had a turn around in stocks, there was some upbeat talk etc. so I would guess that consumers although they’re all tapped out may be thinking there is a bottom here somewhere and hence feel a little better about their job security etc.

Dunno.

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