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
22,445 Blog Posts

GYEAH!

For those of you who bought when everyone else was “FAZZING” themselves to death, go splurge. Get over to your local bodega and buy yourself a 40oz. bottle of Colt 45 Malt Liquor and a few bags of peanuts for dessert. You’ve earned it.

For the rest of you:

You DISQUSt me. I insist, stop reading my words, else I will have my IT guy develop a special infrared light that will blind you.

I don’t come here to prove how smart I am, through sheer tenacity and super human IQ. I come here to blog, because I do it better than everyone else. If I was just some regular jack-off, wasting the day with charts and empty claims, I’d shoot myself in the face with a fucking Howitzer.

Luckily, I am “The Fly,” better known as Le Fly in Paris. I never lose and I don’t like people; which, incidentally, makes me the perfect blogger, mainly because I don’t give a fuck.

The uptrend is intact. The market is going higher. Prepare to win again, gentleman of the internet. Prepare to win.

Off to spend some fuck you money.

[youtube:http://www.youtube.com/watch?v=HocpVeP9BPI 616 500]

UPDATE: All welcome COACH COFFEE.

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80 comments

  1. Itchy & Scratchy
    Itchy & Scratchy

    “GYEAH”

    Is that a new Fly word? Could be a bulletin board stock he’s pumping. Yea that’s probably it.

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  2. Heckler511

    Why do you hate DISQUS Lord Fly?

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  3. Jworthy

    Thank you sir, for your colourful musings and access to the machine version of your brain.

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    • The Fly

      Now there’s a man with class. All of you should use him as an example of how to conduct yourself here.

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  4. Anton Cigur

    It is widely known that DISQUS SUQS.

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  5. kouchuu

    We’re going up to maybe SPX 1070 and then back down.

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  6. Itchy & Scratchy
    Itchy & Scratchy

    Fly,

    This PPT is a great tool.

    If the PPT score of 2.2 is reliably defended and can be bought, what’s the converse? What do you think the overbought PPT range would be?

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  7. chessNwine

    For the record, gentlemen prefer stocks. GLW is NOT dead money but rather is akin to the spectacular bottle of Balsamic sitting behind the generic store made brands at Whole Foods Market.

    -Salute

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  8. z

    I don’t hate this.

    Why squirrel hate me?

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  9. Suck it.

    All this internet chest beating is fucking gay. Big deal you are up 65%, I know several people that are up 200% + and they are running 10’s of millions. You’re a better than average broker in a sea of pikers. A great money manager? think not. I imagine you to be 5’6″ with a receding hairline and little girl arms. Enjoy your goat stew dinner.

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    • The Fly

      Yeah, everyone is up 200%.

      How about this pal,

      Why don’t you come here, on a daily basis, and prove your market hand?

      $10 bucks you can suck the skin off a bulls cock better than outtrade me.

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      • Suck it.

        I didnt say everyone, i said several. Stop acting like you are the best trader on earth. Trust me, you aint even close.

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        • Sam

          It’s his blog. He can say all he wants. Who cares is someone made 200% or 65%? Ask yourself what *you* made, baller. Nothing else matters.

          And a lot of people come here for the laughs. The Fly has perfected the knack of being a dick without being obnoxious and trust me, that is a hard act on these internets.

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          • Suck it.

            Laughs. Gotcha. So this site is like a clown site? Similar to http://www.barnumbailey.com? I think i get it now. Hahahhahah, snort, hahahaha.

            Real traders running real money for real clients don’t blog about goat fucking. Just a little fyi, free of charge,

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          • TheArtist

            you sound like someone very ill because you just lost your entire inheritance playing the market because you suck and now you’ll have to live out the rest of your pathetic life from a cardboard box.

            now fuck off.

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          • j

            Real traders running real money for real clients don’t blog about goat fucking

            This one (Fly) does.

            I’ve been a trader all my adult life and I find nothing morally reprehensible about referring to some pretend trader or something that irks as a goat fucker of goat fucking.

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    • The Fly

      oooh, 10’s of millions. So impressive.

      Beat it.

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      • Suck it.

        The bigger the aum the harder those big returns get, right my shit loving friend? How much coin you running again, I can’t seem to find it anywhere on the site… 100mm? 500mm?

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        • The Fly

          Not here to impress you or garner business. I am simply here to demonstrate, daily, how much better I am.

          The rest is a mystery and shall remain so.

          Cordially,

          Fuck off.

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          • Suck it.

            I hear “not much”. Def. under 10 figs. Gotcha.

            Peace.

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          • MOOBER

            10 figs is billion, minimum, right?

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          • Homo Bob

            Mr. Suck It,
            you still jerking off your dog to feed your cat?

            Make a call and prove how l33t you are, or STFU!

            Out.

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    • Dave

      Actually, that would be me. Although my arms are really fucking hairy.

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  10. JakeGint

    Send ’em to Prospect Park, Fly.

    Sometimes ya gotta ask these pikers… Whatcha Whatcha What’choo Waaaaant?

    _______

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  11. arch

    Fly,
    if i may be so bold as to ask you a question about the PPT…

    on 10/1/09 i posted i was buying FAS @72.89 ON 10/ 2/ 09 IT WENT TO 68.26 before rebounding ..

    my question is this,, would you tell me what the PPT rated FAS at on those 2 days ?? since this is the only thing i trade right now and im not sure if the PPT follows this..

    i would like to get the ppt

    thanks

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    • The Fly

      Most recent scores on FAS

      No. Date Close Technicals
      1 2009-10-05 78.56 2.29 Sell
      2 2009-10-02 72.16 1.99 Strong Sell
      3 2009-10-01 72.60 2.23 Sell
      4 2009-09-30 82.13 2.79 Sell
      5 2009-09-29 83.73 2.79 Sell
      6 2009-09-28 85.04 2.79 Sell
      7 2009-09-25 77.69 2.07 Sell
      8 2009-09-24 80.08 2.01 Sell
      9 2009-09-23 84.71 2.33 Sell
      10 2009-09-22 89.65 3.46 Buy
      11 2009-09-21 84.58 2.47 Sell
      12 2009-09-18 86.82 2.97 Sell
      13 2009-09-17 86.95 3.97 Buy
      14 2009-09-16 87.87 4.38 Strong Buy
      15 2009-09-15 80.39 4.33 Strong Buy
      16 2009-09-14 79.41 4.33 Strong Buy
      17 2009-09-11 76.53 2.88 Sell
      18 2009-09-10 77.79 4.41 Strong Buy
      19 2009-09-09 75.83 4.41 Strong Buy
      20 2009-09-08 73.06 3.90 Buy
      21 2009-09-04 71.41 1.95 Strong Sell
      22 2009-09-03 69.90 2.01 Sell
      23 2009-09-02 65.69 2.11 Sell
      24 2009-09-01 67.97 2.04 Sell
      25 2009-08-31 78.99 2.95 Sell

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      • arch

        thanks looking them over now

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      • arch

        if i may ,

        is this for shorting or going long

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        • The Fly

          Neither. It’s a score, derived from my experiment in mathematical precision, which rates stocks according to my secret formulas.

          Essentially, the above are ratings.

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          • franky

            hey arch – just out of curiosity, why do you only trade FAS? do you have a bunch of longs or is that IT? i’d be interested in the philosophy – thanks

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  12. DPeezy

    Holy shit, that song sucks. DJ Tiesto, you’re dead to me.

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  13. arch

    headn out for a case of 40 ozs and cashews ..since i might wrok from here tomorrow and watch my FAS go to 90

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  14. Rd

    So what would the ppt have flashed in mid Sep of last year? Would it have said to get a cash advance on your credit card, then go long on margin??

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    • arch

      look ahead 6 months ..look back 60 days

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    • The Fly

      The PPT was invented 7 months ago.

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    • The Fly

      However, I was short stocks for all of 2008. So, the PPT would have been short too, since it’s my brain application over the web.

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      • Rd

        Indeud. My question designed to probe the grayish inerts of ye olde brain app. The ppt has had a short lifespan thus far, I fear, like any indicator, it could have gotten the “Egyptian Panty Raid” treatment in periods of capricious volatility, ie, when the VIX was doing gay things.

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

    whoo, everything looks good except for energy. bizarre how long bonds, basic materials, equities, corporate, etc. are all pointing higher at once. i really like how coiled the qqqq looks.

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  16. omfgitsjd

    I must post this followup.
    http://www.youtube.com/watch?v=aUtuhu_lvZw&feature=related

    As far as stocks go, I’m holding and continuing accumulation whether it goes down or up. Dont care.

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  17. Po Pimp

    I’m gonna get me a full-length fur coat tomorrow. Oh and I’ll add a nice ebony cane with an elephant ivory handle. Got an image to maintain, yo.

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  18. 308

    10.05 9:11 EDT
    Corning Incorporated (GLW)
    Panel Pricing Worse than Expected, but Strong China LCD TV Sell Through for Golden Week Could Improve 2H Pricing & Sentiment

    Golden Week Focus — We believe the focus will continue to be on LCD TV sell- through in China during the Golden Week celebration (Oct 1 – 8). LCD TV inventory is widely believed to have reached 1.5 – 2.0 months ahead of Golden Week (vs. normal 4-6 weeks) & consensus view is for 2-3mln unit sell-through for holiday. We believe anecdotal reports/channel checks will drip out throughout the week, w/final reported numbers next week. Though we believe more data is need for full assessment, early indications are encouraging so far.

    Stock Call — While acknowledging near-term headwinds from weaker panel prices, we remain buyers of GLW based on: 1) Potential for stabilization in panel market if LCD TV sales in China are inline to better than expected. 2) Glass supply may be not be as tight as the time immediately following the Shizuoka earthquake, but glass is certainly NOT loose and we see very low probability of a replay of 2H08. 3) Heading into seasonally strong holidays in N. America & Europe, plus Super Bowl in N. America & Lunar New Year in Asia in 1Q10 – could drive panel price stability/improvement. 3) GLW shares currently trade at 13.7x NTM consensus EPS, a 10% discount vs. S&P 500 – clearly baking in near-term risks in our view. 4) GLW reports BMO on Monday Oct. 26th & we expect solid print & guidance to allay concerns regarding potential glass glut.

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  19. JakeGint

    Bad night out for Timmah…

    _______

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  20. j

    This thread is hilarious. It’s a keeper.

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  21. mrs.buttons

    while you’re all beating your chests, ya might wanna look up paolo pellegrini…now thats where I’d put my money…

    hey fly seeing stars?

    cheers! mrs buttons

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  22. j

    Sorry to spoil the party atmosphere but the Australian central bank raised rates by 25 basis points.

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    • so i herd you liek mudkips
      so i herd you liek mudkips

      stronger AUD, weaker USD, stronger U.S. equities. BAM!

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    • ZenProfit

      Fast Money guys all are saying weak dollar = higher equity prices and higher commodity prices, because for Americans they are all priced in worth-less [the Buffett word] dollars.

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      • j

        Zen

        I really still don’t get the weak dollar higher equity prices thing. I’m prepared to go with it because that’s what the market likes, however there’s something really, really unhealthy about that fucking nexus. Stronger currency begets strong equity prices.. period. Not the other way round. This is going to end up in ugliyville one day.

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      • TheArtist

        1st year economists money flow theory 101

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        • j

          yea artist and the flow seems to be foreigners leaving the US with domestic firms buying the dollar, or China who has no fucking choice but to buy it because of their fixed exchange rate. the problem is that net net foreigners, or enough foreigners have to buy the dollar because of the current account deficit or it keeps falling. That’s your flow. If it keeps falling others lose confidence and leave. All I’m saying is that this is not healthy and it will come to grief.

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          • j

            The problem with running a current account deficit is that you have to entice foreigners to hold dollars either as a deposit, a bond, equity or real estate. The big difference between foreigners and a US domestic is that foreigners unlike domestic players are forced to take an exchange rate risk. If the currency continues to fall that makes foreigners less likely to buy dollars and the thing just spirals downward.

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  23. Mr. Cain Thaler

    Wow, dollar got hammered on “secret talks” supposedly between the rest of the world; should make for an interesting day.

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    • j

      I think they’re all trying to figure out a way to avoid the buck Cain, but they can’t. I think some of the fuckers are now cheating each other and scrambling to buy gold.

      What would you substitute as an alternative to the buck?

      The Yuan… It’s not convertible and there is no rule of law there. They’re fucking commies or really fascists in the true sense of the word and is not meant to be a jab at them.

      The Euro.. perhaps but that place is also a piece of shit and your wouldn’t stick all you money in there.

      The Yen., Oh pleeeaaazzze. The yen eventually will have to make its way to 150 as the place will implode.

      Gold? too fucking small a market and if they all scrambled they would send the price to $20,000 and ounce.

      No choice.

      They’re having all these meetings and whining but they come away knowing the US is going to fuck them by 1/2ing the value over the next decade.

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      • TheArtist

        under normal conditions, which we are not in, oil and gold usually move together, we now see a disconnect between the two, oil flat, gold up, and currencies all over the place, so it is hard to pinpoint.

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  24. henryfool

    HOKU bottomed @ 2.81

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  25. henryfool

    DVAX cud run here 1.77

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