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
23,465 Blog Posts

Your Timing is HORRIFIC

What’s with all the diet pill propaganda? I swear, you fat people make every excuse in the book to eat your fat faces into near death, just to avoid a healthy lifestyle. Now you have researchers inventing magic pills that will help you lose weight. How ridiculous is this? Those pills will be the death of you. Taking those fat pills is equal to volunteering for triple bypass surgery, just to avoid eating cholesterol in a jar.

You fat people make me sick.

In other news, the market is really crappy here. We are due for a correction. Therefore, we shall have one.

As an aside, I see what you little idiots are doing, buying stocks without fear of decline. You just sort of go all in, without a back up plan. Let me explain myself in clear terms:

If I go long Equinix, Inc. [[EQIX]] @ $97, I have contingency plans to buy more lower. By lower, I do not mean 2 points. I will buy more Equinix, Inc. [[EQIX]] , or any other stock in my portfolio, on a 10% pullback, typically. So, don’t come here with your crocodile tears, horrified over the carnage better known as “your portfolio.” I will have you know, the market is unpredictable. It’s always throwing people into flaming barrels of garbage. DO NOT FALL VICTIM TO THE “GARBAGE TOSS.”

Plan for the worst, while expecting to win and win big.

In a nut shell, I am playing defense here. I have zero interest in buying stocks, at these levels. The tone is gay and I want no part of that, no offense to married gay couples of course.

UPDATE: I sold out of ADTRAN, Inc. [[ADTN]] @ $24.35.

I bought 5,000 Jarden Corporation [[JAH]] @ $26.75.

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30 comments

  1. jg

    fig

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  2. scavenger

    Buy when everyone is selling. Sell when everyone is buying.

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  3. Big Mike

    Sigh…the irony in this entry…

    Aren’t you a fat fuck that always talk about eating 5 pound steaks and blue whales sushi?

    I dont know about you, but when BIG MIKE celebrates, eating is the last thing on my mind…

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  4. The V.King

    Mr. Fly

    I would like a spot in your peanut gallery. It would be 50% investment idea’s 50% politics and the other half cool sh!t…..

    Please advise.

    the V.King

    The only difference between your abilities and others is the ability to put yourself in their shoes and actually try.

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  5. bucket brigade

    Stocks are for asshats.

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  6. TA

    Totally agree

    The change in the tape since last wednesday is amazing

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  7. ZenProfit

    “Obesity: A Weighty Issue”
    America is 4.6 Billion Lbs. Overweight, and Our Health Care System Is Straining From the Weight of It All

    Yesterday all 90 minutes of the CBS Sunday Morning show anticipated The Fly’s disgust of those lacking self-control:

    http://www.cbsnews.com/stories/2009/10/25/sunday/main5419040.shtml?tag=contentBody;featuredPost-PE

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  8. JakeGint

    Sorry it’s been a while since I’ve last blogged, Father, but I think this one is a doozy:

    Mind the Magic Gap, people, it’s upon us!

    _____________

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  9. JakeGint

    ^^^^^^^^^^^^^

    (Proving once again that one can post charts AND commentary with some intelligibility, even though it may take more than ten minutes to do so.)

    ___________

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  10. sniper6

    HONEY, I’M HOME!!!!

    And glad to be back, wow, what a trip THAT was

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  11. sniper6

    and I brought you a little gift.

    LWLG

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  12. Paperboy

    Given your commentaries Im almost 100% sure you dont trade with real money. Im willing to bet a grand in cash. All you have to do is put one of your trades you claim you did today as a screenshot of your executed trade and I will pay up. You have my i.p. therefore I can not hide. Let me guess, you won’t accept….

    PS – Great picks btw….

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    • JakeGint

      Why do we get these idiots like clockwork every time the market has a brief dizzy spell?

      What draws them from their vermicious knotholes?

      ______

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      • The Fly

        They lurk in the dark, like hunched over men. As soon as the market goes down, the show themselves, naked, with only a trench coat covering them.

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    • The Fly

      My paper was 13 minutes late this morning. If you want a 50 cent tip, be sure to place , NOT TOSS, it on my patio furniture.

      Fly

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      • Paperboy

        That is what I thought pussy. (what a surprise!!!)

        Keep it simple turds or you’ll get steam-rolled (and you will). Enjoy the soup-lines and don’t bitch about your government minimum wage paying job. For pikers like you its better than this shitty gig writing a blog nobody goes to and making up trades while jerking off on your keyboard thinking what your life could have been. Pathetic but someone has to do it. Enjoy!

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        • The Fly

          Who are you? Why do you think that I have a desire to prove anything to you? As far as I am concerned, you are just some loser, who got poleaxed in the market to the tune of 90% over the past 6 months and has an ax to grind.

          Do yourself a favor pal and stick to those fantasy bear blogs. You will find their jargon a lot more comfortable than mine.

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        • The_Real_Hmmmm

          Wow Pboy does your manager know you type this shit on the computer in the Office Max break room? Back to work.

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          • Paperboy

            Now that’s funny! LOL!

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          • The V.King

            Hey Paper

            Please go to the top of the stairs with some sharp kitchen knives….and do a suburban “seppuku” and end it all. Nobody cares how you manage the 7k in your IRA….
            Also go check out my 1st blog.

            Much Love

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    • ZenProfit

      Paperboy:

      You are posting on the wrong thread.

      You need to post over on “The Asshats”.

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  13. sailorboy

    This one is real easy guys (though it still hurts). The question is whether this ruins the resolve of others and continues yanking the market down.

    – bond participation is down
    – record levels of debt on deck
    – banks need to participate in order to facilitate debt sale
    – bank trading desks sell holdings to fund debt purchase

    Look at the timing of the selloff on no news.

    The Fed has some buyback capability left, so I don’t think this is the end yet. Plus, Obama is big into symbolism and will not let the market fall apart in October. Just in case anyone thought this market was driven by fundies or charts.

    Not saying we don’t go down further, but this is not the big correction folks are looking for. We are more likely to be at 1100 than 900 this time next week.

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    • JakeGint

      Agreud… just talking to my bond boy and he said “It’s the $128 bn that has to go out this week. HAS to.”

      _______

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  14. The Fly

    Shut up, at once.

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  15. Bobby Boucher

    “Taking those fat pills is equal to volunteering for triple bypass surgery, just to avoid eating cholesterol in a jar.”

    Shouldn’t the last part of the sentence have been written “….just so you can keep eating cholesterol in a jar.”?

    fifd

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  16. NotAnAssHat

    Fly, since last week, everything you have touched has turned to turd. Your golden touch is turning into forced long trades man. Not trying to be mean but this is just an observation.

    Flotek is a piece of shit. Let it go man. Your cry for Dow 10500 is also looking bad. I do hope you honor your post and not continue to cuss (yet you did). And this Jarden trade is one of the worst entries I have ever seen you go into.

    WTF man, you are losing it. Long is wrong. Let it go.

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