I chastise many of you, not to inflict pain and suffering, but to teach you a lesson. Like Mr. Miyagi in The Karate Kid, I make you “paint house” and “wax car,” so that you learn how to defend yourselves from bearshitters wrapped in burlap—attempting to sweep your legs. There is a method to my madness and it’s none of your fucking business. Just know, it’s important to listen more and talk less, when mingling amongst the stock Gods aka men who know more than you. Do not come to iBC with the intent to teach me anything, for you are wasting your time, chump.
Today’s sell off was tepid. Except to see the robots back to buying equities again, sometime this week. It’s not wise to bet on a trend reversal. Moreover, it’s not wise to bet against Le Fly, especially while vacationing in France.
For the day, I lost some coin; but gained some conviction. My top picks are my current positions. Out of my current positions, Flotek Industries, Inc. [[FTK]] is behaving with the most honour [sic] and integrity. Go figure.
Off to see about a stretch limo (80’s style of course).
[youtube:http://www.youtube.com/watch?v=oTjPmgN98H8 616 500] If you enjoy the content at iBankCoin, please follow us on Twitter
This comment added from my iPhone.
Praise the Lord!
When’s the update coming?
fig
All I do is listen King Diptera.
FTK – lol. Been ignoring it forever and then decided to go in last week for the first time. Niccceeee.
BTW,
Why did FCX run up the last 2 hrs into the close when copper and gold were both down over 2% today? Well, the AP biz wire posted an article about FCX that said Argus Analist Bill Selesky expected FCX to post an average price of $3.25 a pound for copper in Q4 (released before the bell Thursday). Even with copper down over 2% today, it settled at $3.35 per pound. That’s not the good news. The good news is that the company said during their Q3 cc in October that, looking forward, they are assuming $3.00 per pound for copper – un-hedged. Today’s copper close is a full 12% above that estimate.
Expect an exception.
Accept the expectation.
Except the ascension.
Intercept the descension.
Ascend the expectation.
You’ll get nothing and like it
You’re playing golf and you’re going to like it!
YOUR PIZZA’S HERE!!!
i ordered stromboli
Nice upward reversal in ADY and CPBY into the bell.
FTK behaving with the most honour [sic] and integrity. – I like that! Still holding a second chunk.
I’ve always believed it’s better to wax on than to wack off!
I tuned in with the expectation of that little twerp, Fly Jr., making some more impertinent and wild and crazy predictions.
You’ve been warned, Sheeple
I love this site!
nuk nuk nuk
and no Fly Jr what a relief…
Except vs. expect, you donkey.
That’s fucking jam, btw.
Amazing pick. Haven’t heard it in ages.
Fo sho.
DJ Fly has a good ear. An interesting use of this site is here:
http://ibankcoin.com/flyblog/category/music/
All blog entries tagged with “music”. Some good shit in there.
Hey DJ, release a PPT soundtrack already.
Soon, DPeezy, soon. Final testing and tweaking happening tonight and tomorrow.
China 4q GDP up 10.7%
Sick!
Hey Fly,
The 80’s style limo could be a Cadillac De ville stretch or town car, OR perhaps the Lincoln Town Car stretch? As I recall, those were the rule in the early to latter 80’s.
If you want to run people over like a gangster, go with the Caddy, otherwise, the Lincoln is the one that looks less “dated” and rides like a yacht.
(re: my buddy owned Malibu Executive Limo from ’80-’92, and we always took a limo…..perhaps that is why I never got a DUI?)
As for stocks, this market is feeling sketchy.
Pretty sure the Lincoln was the limo of choice for the big time mob bosses. I’ve always been a Cadillac fan myself, but nothing wrong with no Lincoln.
From thinkorswim’s Live News feature:
“Today’s 3:20pm CST Trader Lounge Chat Features Prophet Charts Founder and Expert Technician, Tim Knight.”
Stunned.
They own Prophet Charts, it’s just a commercial like when they say Dodge trucks are the best. They have to do something with his lazy ass.
I am spending time with some “interesting” people at the clinic.
How is the market doing? My market cap is down $30 million for the year.
Anyway, heading back to class #23 (” The importance of keeping your pants zipped”).
BORRRING
Recent volume and price action in Chuck’s IBGH might indicate the start of a rise from a bottom.
FXP rising faster than Fly Sr. long margin calls. Even Goldman and the PPT team can’t keep this market afloat much longer.
I’m stuck with RIMM for another year. What about a blackberry app?
I don’t trade margin, putz. Secondly, one does not get margin calls when one is up large like I am.
Finally, you’re fucking banned
good day to you sir
No disrepect intended Pop.
Watch Goldman Sachs today. Obama is going to report major changes to the financial system and I bet GS will become an Obama punching bag. No coincidence he is making his speech on the same day GS reports earnings.
http://bit.ly/8RBicZ
Your posts suck and your shameless promotion is even weaker. Refrain from both or else…
Dad told me this site was supposed to be an exchange of ideas – not some blind Jim Jones following. Too bad.
Sign of a toppy market – stocks like IBM, GS selling off hard on good reports.
PPT technical score from yesterday = 1.88
http://ibankcoin.com/henry_fool/2010/01/21/ppt-technical-market-score-188/
Side note: PEIX moving AGAIN!!
Someone wake up the Plunge Protection Team! The markets can’t fall 2 days in a row!
Big divergences happening. XLF is down and KRE etf (smaller regionals) is up almost 3%.
Obama gonna stick it to the larger Financial Services Companies a la Joseph Stalin style.
What’s truly amazing is the complete and utter manipulation of REITS and commercial RE. Who is holding them up? Is a bail out already in the works? Completely laughable.
Read my latest, June-ya.
_________
TC,
Funny you should mention today’s newly proposed bank regulations… I think they will be turned in the end to help ALL banks, including the largest, which is why BKX is up big today too (and yesterday).
Check it all out in one big long joozy post full of tricks and picks at On Bucks and Banks.
Thankyaverramuch.
_________