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
23,423 Blog Posts

Irrefutable Stock Market Flawlessness

Buy in the 2.20’s and sell above 3.00. The PPT wins again.

pptranges

Don’t hate me because I’m beautiful.

Happy b-day iBC! Now go away.

[youtube:http://www.youtube.com/watch?v=vPkECRWOqhE&feature=related 616 500]
IMPORTANT MESSAGE FOR PPT SUBSCRIBERS
: A Change in The PPT Algorithm

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35 comments

  1. Juiceyfruit

    ok, boss

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  2. Jworthy

    It’s so consistent. That graph almost makes it look unbelievable.

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    • bounty

      Agreed. A S&P chart with numbers put on it that correspond to a score that cannot readily be corroborated. I’m sold!

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      • TMoe

        LOL!

        Come on Fly you have to have some kind of come back! Stand by your tiime machine

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  3. beach wear

    Mr. Fly,

    As an incentive for Pikers to join the PPT.

    Why not post the PPT Score on the home page, like it used be.

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    • Dr. Evo

      Posting the PPT score outside the PPT would be stoopid (sic). Everyone, including you, knows that it has called the market tops and bottoms all the way up. If The Fly posts it for free, why would you sign up. It would be an incentive for pikers NOT to join. If you want to know the score, buy a subscription. Cheap son of a bitch.

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    • TA

      Don’t go throwing cold water on Fly’s party

      Just because the score was missing in various places on the graph above, doesn’t mean it doesn’t work. Nothing is ever that accurate.

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  4. Q4

    Peace – http://www.youtube.com/watch?v=EAZq74-Qe7g

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  5. WoollyLlama

    Fly,

    Nice chart, jackhole. Love that you are posting Prophet Charts despite your hatred for Tim.

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  6. arch

    FLY,
    looking at your chart— the 880 support level & 1100 resistance point …is it possible that a sell off (gone in 60 seconds fashion ) down to 880 level could happen..not being doom and gloom here.. just calculating my calculations…as support can become resistance…

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  7. dave

    Can’t pay your mortgage? No problem. Just pay for the majority of it in a lump sum payment at the the end of your mortgage.

    http://www.ritholtz.com/blog/2009/11/banks-are-getting-desperate-with-principal-reduction-offers/

    Unbelievable.

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  8. 308

    Some early Initiations out there tonight:

    Deutsche Bank initiates:

    * International Game Technology (IGT) initiated buy with $25 target
    * Las Vegas Sands (LVS) initiated buy with $21 target
    * Shuffle Master (SHFL) initiated buy with $11 target
    * WMS Industries (WMS) initiated buy with $56 target
    * Wynn Resorts (WYNN) initiated buy with $80 target

    Piper Jaffray initiates:

    * FedEx (FDX) initiated overweight
    * Hub Group (HUBG) initiated overweight
    * Landstar System (LSTR) initiated overweight
    * (ABFS) Arkansas Best initiated with an Underweight

    UBS initiates:

    * Adobe Systems (ADBE) initiated buy with $43 target
    * Autodesk (ADSK) initiated buy with $35 target
    * Microsoft (MSFT) initiated buy with $34 target
    * Oracle (ORCL) initiated buy with $27 target

    Credit Suisee Initiates:
    *Fifth Third Bancorp (FITB) initiated with an Outperform

    also saw this note:
    Buisnessweek (Inside Wall Street):
    (NEM) Newmont Mining -Takeover Target for China-Vincent Carrino of Brookhaven Capital Management says there is speculation in the investment community that if China wants to protect its currency and diversify its assets, it makes sense to acquire Newmont Mining (NEM – $49.64). He estimates that Newmont, whose proven and probable gold reserves totaled 85M oz. last year, is worth $70 a share.

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    • TraderCaddy

      Thanks for the info 308.
      The NEM trade is interesting.
      I have noticed the last few days that ABX has been taking the hit while NEM has been holding up relatively well. This could explain it (speculation).

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  9. sandfleas

    Where is the SP chart posted on the PPT?
    I can’t find it.

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  10. wood shampoo

    Fly,

    I was on the fence but after seeing the SP Chart with PPT scores inserted haphazardly,

    how much is a lifetime membership?

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  11. JakeGint

    Still buying… still nibbling at the abundant cheese.

    ____________

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  12. Ozark Hillbilly

    Happy Birthday.

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  13. Bobby Boucher

    One could also follow the % of S&P stocks above their 10-day moving average. Above 80 = sell, below 20 = buy. Has worked about as well as the PPT.

    http://www.indexindicators.com/charts/sp500-vs-sp500-stocks-above-10d-sma-params-x-x-x/

    fifd

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