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
23,445 Blog Posts

You’re Welcome

I “donated” some of my money to the Homofied Bear Foundation today, in an effort to promote goodwill and improve upon my karma. I do not fear losing money, only opportunity.

There is not much to say, other than: I shall return from my slumber to take your head from your paltry shoulders.

Into the bell, I was most impressed with Equinix, Inc. [[EQIX]] , ADTRAN, Inc. [[ADTN]] and Sociedad Quimica y Minera (ADR) [[SQM]] .

I will be present on Monday— to strike fear into the hearts of the weak kneed.

[youtube:http://www.youtube.com/watch?v=d41K4PBWQJg 616 500] If you enjoy the content at iBankCoin, please follow us on Twitter

47 comments

  1. wallyworld

    F A G

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  2. jg

    sheeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeet
    if you you know what i mean.

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  3. Braveflaps

    ROFLMAOANDOANDOANDOoooooooooBRAAAAAAAAAAAAAPSHPTHhhhhhhhhh.

    I had a very gay bull who was also a pointer.

    Took him out hunting all the time – but no stag was safe, ever, if you know what I mean. Especially up on Brokeback Mountain.

    After that, you know, we kind of drifted apart, then I heard he was up in Abilene, griftin’ for steers and queers and sech [sic].

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  4. Mr. President

    Have a splendid weekend, Senor Fly.

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  5. TMOE

    thank for the donation Fly, I could use it after being kicked in the teeth over the summer.

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  6. omfgitsjd

    Is this guy wearing a meat hat?
    http://www.youtube.com/watch?v=4bW1UMRuHcI

    Another day, another knife in the back. It`s happened so many times, I stopped tryin to keep track. You`re stuck stickin` it in, you`re stuck stickin` it in. Take it up to the hilt to cover up your own fuckin` guilt. And when the shit goes down you`re out of places to hide. No time to ask could the motherfucker really survive. Get a load of this fuck, he`s the dead guy

    It`s just a natural fact you never fuckin` possessed. You lost control of my life you want control of the rest. You`re always stickin` it in, you`re always stickin` it in. You stuck it so many times you let me tell you goodbye. But when the shit comes down you`re out of places to hide. Time to ask if you`re alive or just pretend that you died. Just remember this fuck, I`m the dead guy

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    • omfgitsjd

      OK. So my taste in music gets a little weird.

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    • ZenProfit

      With only 390 views, how did you even find that video?

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      • omfgitsjd

        A mathematician handed me the CD to listen to back in 2002. I thought the beat was kinda cool so made a mental note of the song. Decided to listen to it again so ran a search for it. It was completely random.

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      • omfgitsjd

        He also pointed out some interesting info on the great pyramid. It’s mass is 5.9 million tons (Earth is determined to be 5.9E21 tons). It’s location is the mathematical land mass center of the planet earth. The perimeter divided by it’s height is exactly 2pi. The side of the pyramid is 36525.9 pyramid inches which is 100 times the number of earth revolutions to complete one trip around the sun (365.259 days/yr). If you had the technology to cut and place ten blocks per day (each weighing anywhere from 2 to 10 tons), it would take you over 664 years to lay the 2.6 million blocks.

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        • El Chinadero

          Mathematicians figure out amazing things that are and amazing things that aren’t. kinda like chartists

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  7. logicalthought

    >>I “donated” some of my money to the Homofied Bear Foundation…<<

    Yes, thanks for catching, and sorry if you’ll have a bit of discomfort trying to sit down over the weekend.

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  8. JakeGint

    This may be the poorest, and gayest music choice in the history of this blog.

    Who knew that prison-fodder, steel-toothed homunculus could be gangstah and gay all at the same time?

    _____________

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  9. omfgitsjd

    Oh, you must be talking about the bed rock tune.

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  10. omfgitsjd

    Damn, I’m still up 200% on that Lehman purchase at a nickel a share last thanksgiving. I should sell it and take my girlfriend to the clothing store and then Miami beach.

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  11. Q4

    Ladies – http://www.youtube.com/watch?v=epu97rNb9F8

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  12. noodlebwoy Murda

    excellent music choice

    does your readership deserve this abuse?

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  13. Tim Knight

    Why does everyone keep fading me?

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  14. JakeGint

    Timmah Knight was a little pissed that we didn’t get as monstrous a selloff as he’d thought we would today…

    So to “cool off” he went out to get himself a nice MAC-Donald’s samich.

    (warning, do not be drinking hot hot coffee for this one)

    _________

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    • j

      isn’t he excited about today’s fall. He seems so animated over 60 odd points. Now he’s a commodity expert too. Throw a couple of lines on a chart and you have mathematical certainty to make make.

      What an idiot.

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    • Lemonjello

      Can anybody explain to me why he and others in his group think dollar strength (if we see it again in my lifetime) is bearish for equities. He kept saying it over and over again like this was the key to the market fall.

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      • j

        Because he has little to no understanding of market and market fundamentals and he has a following that is even less economically literate than he is.

        i keep saying that a currency and equity market going the opposite way is not how it ought to be working. A strong currency and a strong equity is the traditional link. At present we’re embarked on a weak dollar policy solto voce like we were in the early 90’s and 80’s as a way for the US to take export markets and displace imports while the economy is weak. Once the economy begins to show signs of a serious expansion (and that will eventually come) a strong dollar and strong equity markets will be seen as the proper alignment.

        The goose talks about this because he saw a strong dollar and weak equity markets last year brought on by a tremendous shortage of dollars in the system. He doesn’t see the reasons for that event as he’s too economically illiterate to understand it. In other words he’s a fucking idiot.

        That’s not to say we can’t have a weak currency and weak equity market developing. However looking for that nexus he’s suggesting far into the future as a given indicator and trading marker will cause the economically illiterate twerp to take another hit and lose his house next time. If he keeps going like this he’ll end up as the supposedly smartest person in living in a trailer park if he’s not already now.

        The thing to also keep in mind is that we’re not really seeing a US Dollar collapse. What we have is a down trend, but at this stage it is not a collapse. I also think this may not necessarily be a secular bear market in the dollar especially when compared to the crappy Euro and the Yen which are two currencies that really requirement serious depreciation as their economies are not as flexible as the US. In fact I see that as the big macro story of next year and we could very well be seeing the last weakness period in the dollar. I’m contemplating buying one year Euro Puts at 1.25 over the next few months.

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        • JakeGint

          Given our current hard left political direction (esp. w healthcare being nationalized) I guess the question is — is our economy becoming less flexible than Europe/Japan’s?

          ___________

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          • j

            Jake
            I’m thinking of wages and the ability and desire of people to move around for a job.

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          • JakeGint

            With the NRLB being taken over by SEIU stooges, you will likely see that change as well.

            Card check, etc.

            ______

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          • Purdy

            Our economy has grown less flexible due the the growth in non-market (government) vs private spending and the longer-term crowding out that this will cause in the competition for both human and financial capital.

            The situation is made even worse by the fact that we have financed much of the growth in government spending by short-term borrowings from foreigners. Any interest payments that we make – and any of this debt that we retire – will be sent abroad and will not flow back into the domestic economy as did our WWII debt.

            And Jake, all of this happened under the idiot Bush. Screwing with the already fucked up health care system will cause less harm to our country than will fighting wars that make us less safe. Your GOP worship syndrome blinds you to seeing the forest. The problems we face go beyond your petty choosing of political teams.

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          • JakeGint

            Wrong again, Purdy, but I can see why you’d want to obfuscate your poor choices.

            The mortgage mess — especially the foreclosure tsunami, can be laid directly at the feet of your Barney Frank, Chris Dodd and Henry Waxman partisans. The Bush administration — which I admit were no fiscal stars — at least tried to reign in the mess that was the “say no more” implicit gov’t guarantees of mortgage fraudluents Fannie and Freddie.

            Your boy Barney would have none of it. Chris Dodd was in The Lizard’s pocket from the other side. Barney is now talking about “loosening” Fred and Fan to take on the Condo crisis.

            The Dems have been in charge of the purse strings for three years now.. this years promise a $2 trillion budget deficit.

            Now we’re going to exacerbate that situation by going weak on national defense just as the Russians, Chinese and Taliban smell the stink of weakness. My kids thank you and your other boomer pals, Purdy.

            ______________

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          • JakeGint

            Another thing — your stated belief that nationalizing one sixth of the US economy — and the only piece that’s growing and hiring at this point — is “no big deal” shows the depth of your misunderstanding with regard to this economy’s drivers.

            And that’s giving you the benefit of the doubt.

            _________

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          • Purdy

            Learn to read. I didn’t state that it was no big deal. I was pointed out that the health care system in this country is already fucked up. Nearly half of it is government run already and the rest of it is so full of government mandates to provide free services, interference through the tax code, restrictions on drug re-importations, etc., that we are already very far from the wonderful market-based system that you are imagining.

            The other difference that I was pointing out (perhaps I should use crayon when responding to you) was that, any inefficiency in the health care system that may come out of this effort is nothing compared to what we pissed away in Iraq. At least the money that we waste on health care, both now and going forward, stays in the US and is not shipped by the pallet to an oil-rich country not will it cost the lives of our soldiers.

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          • JakeGint

            Yeah, that’s bright Purdy. National defense and securing the world’s largest petroleum assets doesn’t mean anything to our economy — we exist within a magic Purdy Bubble, where all of our oil can be obtained internally with the tacit and loving approval of Madames Pelosi and Waxman.

            Never mind, either, that a minimally financed group of nutters from the same region nearly tanked our economy in a brazen attack on our finance center and Capitol, killing 3,000 of our citizens. All we need to do is retreat within the Bubble and start building windmills.

            Please, Purdy, crayon back soon, douchebag

            ___________

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          • Purdy

            Again and always you attack from the assumption that anyone that criticizes your hero Bush is a partisan of the other party – WRONG, I am not. Don’t be constructing your straw men at my expense – learn to stay on topic.

            Through the cloud of your partisanship you should try to recall who was president while our fiscal hole was dug …who was in charge of the congressional purse strings during most of that time …and who the country’s chief exec was while Dodd and Frank pranced around mis-allocating the nation’s wealth.

            As for our national defense, well Jake, a nation’s defense depends upon the strength of its economy – not on the bluster of a president. Osama bid Laden understood that, it is too bad that neither you not Bush got it and that you both supported flushing $trillion down the toilet in Iraq. Obama is likely more clueful than you and your hero on this score (he has actually read a book or two) but, having hired the same bankers that Bush retained to run the economy, he is either clueless or powerless when it comes to identifying and setting us on the path of recovery.

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          • JakeGint

            Oh, NOW you’re mewling about strawmen, after starting with the “hero Bush” bullshit again? Look to the plank in thine own eye, socialist.

            And please, I don’t have time to give you a quick civics review. I realize public school hasn’t taught it for years, but that’s your problem not mine. The Republicans may have had nominal control of Congress, but they had nowhere near the majority your socialists have now, and had no chance of fighting the massive lobbying power that Fan and Fred controlled, along with the entrenched Congressional fiefs that protected them. Mein gott, even after their abuse has been laid bare there hasn’t been a step towards reforming those monstrousities!

            And yes, I blame your Dems again — forget the ignonimy,it’s a small price to pay — there’s no way they are going to give up their corrupt bastions of power – especially now that they control the levers of the economy under Nan and Harry.

            And I guess I’m not surprised to see a lib know zip about national defense. Taking out most of AQ and Hussein in Iraq will prove to be the best move to stabilize the ME since Lawrence ran Arabia. I know you paid for ads in the NY Times to stop it, but the Surge actually worked. Your empty suit permanent candidate hero who thought Afghanistan was “the right war” might want to take a lesson.

            Unfortunately, he’s a hard lefty, and the importance of “national defense” doesn’t hold a candle to “reforming the world” in another authoritarian try to re-work the world.

            I’m certain you’re familiar.
            _______

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        • Lemonjello

          I have to assume that it is easier psychologically to accept that the rise in all asset prices is just a matter of the dropping dollar. I think it will be hilarious to watch when the dollar strengthens and the historical correlation plays out. Perhaps there will be a short period in which the dollar is rising and equities fall (that will signal to them a sea change that they will get all over) but that won’t last long and it will be heart-breaking.

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  15. He Says She

    If you are gonna play all this hip hop Fly, perhaps you need help with some more classic suggestions:

    Special Ed -I am the magnificent
    3rd Bass – Steppin to the AM
    Son of Bazerk – Change the style
    Paris – One time Fo’ ya mind
    Sir Mix A Lot- My Hooptie
    Geto Boys -Mind playin tricks on me

    Although i do know the whole point of it is that you are simply, as the Brits say “taking the piss”…

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  16. Carson

    Thanks to you fly, I can afford a new sink to wash my socks and underwear out in. Lol

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  17. ZenProfit

    John Mauldin writes:

    “As an aside, I am not expecting that we will see the crisis I am thinking of any time soon. We can move along with positive GDP for some time. I am thinking of the longer term, 1-3 years out. We will become complacent. I will get letters telling me I am too pessimistic. Just as I did in late 2006 when I said we would be in a recession by late 2007. But I firmly believe we will see a double-dip recession within another 18 months (at the most). Stock markets drop on average about 40% in a recession. Adjust your portfolios accordingly.”

    http://www.frontlinethoughts.com/gateway.asp

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