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
23,471 Blog Posts

BREAKING NEWS: The Fly’s Foreign Index Hits a New All Time High

Break open the barnyard doors you hillbillies; we’re gonna have us a party, celebrating the demise of America!!!! Yeeee-hawwww.

For real, my Foreign index is at a new high, up nearly 20% in a week.

I am aware of numerous communication tactics that can coerce the readers of this blog to listen to me, ever so quietly. I have aligned myself with men, who adorn themselves with cotton, silk and most definitely cashmere. One year ago today, “Dr. Fly” was hanging out with abject neerdowells, who ate food from garbage canisters, dressed in burlap suits, waiting for the planet to crash into the Sun. However, because my profession dictates nothing less than perfection, I calibrated my “calculator brain” to adapt to the actions of the most sinister of men the world has ever known: The Federal Reserve.

Going with my “sinister Federal Reserve” thesis, the following basic material stocks must be monitored closely, and bought outright, providing they gain further mojo:

Global Industries, Ltd. [[GLBL]] , Stillwater Mining Company [[SWC]] , Century Aluminum Company [[CENX]] , SandRidge Energy Inc. [[SD]] , ATP Oil & Gas Corporation [[ATPG]] and Superior Well Services, Inc. [[SWSI]] .

As for gold, I like asset management firm U.S. Global Investors, Inc. [[GROW]] , who specializes in commodities, especially gold. It’s worth noting, one of their largest positions is [[JAG]] . It goes without saying, the more money U.S. Global Investors, Inc. [[GROW]] raises under its management, the more shares of [[JAG]] they will accumulate. Think, young man, think.

Finally, I am tentative about going “all in,” after running scared from the market a week ago. Nonetheless, with year to date gains upwards of 85%, I can afford errors, as long as they are not catastrophic. The lion share of my dollars are going towards $100 roll plays, like W.W. Grainger, Inc. [[GWW]] , Bio-Rad Laboratories, Inc. [[BIO]] and maybe Companhia de Bebidas das Americas (ADR) [[ABV]] or Siemens AG (ADR) [[SI]] .

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31 comments

  1. The Zombie

    The Fly is GOD!!!!

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  2. ALF

    Can’t wait to hear all the cuss words that have backed up in your system, like a bad case of constipation, it should really explode once the first word is out.

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  3. ecchymosis

    fig- you’ll be cursing up a storm by the close!

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  4. The V.King

    fuckin yeah

    I like the girl on the left

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  5. highbid

    You dont know who i am or where i get my info but when this market goes negative today, in the future you will listen when i speak!

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    • TA

      I’m going to take a big guess and say a coin flip

      As a side note, TIM is quite depressed and praying for the latest idiodic EW prediction to come true.

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    • Mushroomz

      What is your next great prediction now that you have established yourself here.

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    • hoot owl

      Well I guess we can ignore you in the future.
      And whereever you get your info, you may want to start getting it from the Fly & PPT

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  6. Nail in Nails

    Fly, gobble gobble. I think i’m a little overhyped by too much caffeine. Damn that GMCR~! Eggcellent call BTW

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  7. DMG

    ¿Dónde está el perro pequeño?

    Wasn’t he shorting GMCR at today’s open?

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  8. Mr. Cain Thaler

    Oh my, yes, look at the price of physical silver.

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  9. Xenophobe

    The famous FFI – Fly’s Foreign Index? Does the Fly credit “Joe” and Devildawg for their contributions here?

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  10. dimwit

    New Global Currency:

    http://www.uk.pg.com/images/charminPack_IL.jpg

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  11. Xenophobe

    I am going to distribute a bobble head bobble waist Obama doll – it bows down at the waist. Get yours for Christmas now.

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  12. TMoe

    I have to say thanks to the Fly for the GMCR call after they got hammered afterhours after their earnings.

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  13. dave

    It’s pretty sad when worthless equities are one of your few refuges from a collapsing dollar.

    I can’t wait for the Fly to paint a masterpiece in vulgarity.

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  14. dimwit

    Meredith Whitney single handedly taking the SP back to the sign of the beast

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    • The_Real_Hmmmm

      Meredith Whitney doesn’t use NyQuil; she uses the sleeper hold.

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  15. 4fl3x

    Nice Work Master Fly.

    Just imagine if you have let go of FTK when you knew that you should have.

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  16. TMoe

    Jumping back on BAC short.

    10.2% unemployment is way abouve what they modeled for. BAC is doomed

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    • chivo

      You’re like this guy that plays poker where I play…so much loot he doesn’t care if he loses, just keeps throwing it away at the table…Give your money to me, I want a nice cohiba and some havana club…better than short selling BAC

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      • TMoe

        thats because I made so much loot catching the crash and shorting the hell out of Lehman, BAC, Wamu, and most of the rest of the filthy banks. I don’t just throw my money away. I use stop loss orders to cover at calculated points. I’ll take small losses and be paitent for the big gains. this thing will come crashing again. The only question is when. I’ll make sure to keep a good percentage of cash to stay solvent while this market continues to trade irrationally. BAC loses money and their reserves are not enough. They will have to raise more money diluting shares. Obama and the treasury may come to the rescue again and steal more of our money to give to the billionaires, if they do that he will sure be a one termer.
        I’ll take my chances. I had a small gain on my last short of BAC. Maybe i’ll use some of that money to buy some grade A columbian cocaine and some havana club for myself

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  17. Tyler D.

    HEY FLY WHEN WILL FTK ROLL LIKE YOUR OTHER PLAYS?

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  18. The Fly

    MAYBE WHEN YOU COME UP WITH YOUR FIRST MONEY MAKING IDEA?

    Survey Says:

    CORRECT ANSWER

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  19. Tyler D.

    Well Fly, great minds must think alike as I already own most of your foreign legion names and started nibbling GMCR last week as well. Indeud!

    Morgan_03
    (dodger fan)

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  20. Morgan_03

    10-4

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