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
23,441 Blog Posts

Don’t Hate the Market Because You’re Stupid

As you blow up your accounts, under a brick umbrella of inverse ETF’s, “The Fly” is somersaulting over your stupid heads, while throwing “space money” into flaming barrels of garbage—because he can. Your persistent demands for a market sell off shall be ignored, until further notice.

This is what I know: you motherfuckers have been wrong, on an epic scale, for more than a year now. Many of you rebut with idiot talking points, like “bullish sentiment is so high amongst investors now. That means we are overbought.” Oh really, jackass?

Then explain to me why Green Mountain Coffee Roasters Inc. [[GMCR]] has a short position of 35% or why 70% of my positions have short positions north of 10%.

Answer: you bearish motherfuckers are embedded, unable to flee from the burning car. You are, in a word, BLOWNTHEFUCKUP.

At any rate, into weakness, I want to add to Corinthian Colleges, Inc. [[COCO]] , W.W. Grainger, Inc. [[GWW]] and TEKELEC [[TKLC]] . Into strength, I like Flotek Industries, Inc. [[FTK]] , SandRidge Energy Inc. [[SD]] , and Equinix, Inc. [[EQIX]] .

Let the market dip. I’ll allocate more money when The PPT Overall Hybrid dips below 2.30. Until then, go eat a sandwich.

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48 comments

  1. jg

    fig

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  2. The Zombie

    TFIG

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  3. OldA

    Who just pulled the rug out?

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  4. Scavenger

    CY gap and go.

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  5. Fly Jr

    uh, Pop – the inverse ETF’s are exploding UP! Someone tell Fly Sr the market is getting rocked and I warned him 2 days ago.

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    • The Fly

      But you are still down 99%. So what’s the point?

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      • Fly Jr

        Really dad? Don’t be a bad sport. I thought it was you that coined the term ‘asshole dip buyers’ – now it looks like you’re morphing into one. Say it ain’t so.

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  6. Speculation

    JP Morgan selling off.
    http://bit.ly/8eWHVm

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  7. The Fly

    Actually, I called the sell off last week by selling off 15% of my holdings. You bearish morons are repeat boxes. You’ve been calling for a sell off for the last 5,000 points. Just STFU already.

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    • Fly Jr

      Your other 85% is getting murdered and will continue to get murdered over the next few weeks. Don’t blow my college fund because you are stubborn. Mom just called and said our Filets just became Hamburger Helper.

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      • Greybeard

        The dow is at the same spot as 2 months ago when Fly started swearing. It’s been moving sideways to take a breather. It’s a bull market.

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  8. Jim

    Philly Fed short-circuits this AM’s magic carpet… developing
    Piggies sucking balls (gag)
    this is not good… but take a looky at the futs!

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  9. smitty

    Fly,

    You might want to alter your bullish theories. I’d hate to see you award an asshat award to yourself

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    • The Fly

      None of you clowns are qualified to offer me advice.

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      • Fly Jr

        You’re correct. Perma Bulls are deaf. I’ll see if I can find some deals on cubesteak on my way home tonight.

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        • The Fly

          But you are a permabear. That is the dumbest perma of them all.

          My guess, you have a perm and wear burlap hoodies to work.

          Do yourself a favor and go to a site where someone named TIM hosts and then fuck a clam or a goat.

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      • smitty

        Will you give yourself an Asshat if we exceed March lows this year?

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    • Greybeard

      like cockroaches, you creep out of the darkness whenever the market is red. you are wrong and will die.

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  10. The Fly

    Last I checked, FTK was UP. COCO was UP, TKLC down .05, SD down .02, GWW down 1% etc.

    In short, this sell off is not even putting a dent in me. You need to drop this bitch 10% to affect me. Even then, I’ll manage out of it. What will you do when the market spins you naked, back into a flaming volcano?

    Answer: nothing.

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  11. Speculation

    Thats it. I think we found the pivot for the day.

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  12. Skeptical

    Too many douchebags are short now or ‘raising cash’

    Who do you think is selling now? All the retards who think a crash is coming.

    Fuckin’ short term thinking is the only thinking on Wall Street. Finally getting good names at better prices.

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  13. The Fly

    BTW: YOU’RE BANNED.

    ROFLMAOMG!!

    Ok, back to work.

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  14. Swinging for the fences
    Swinging for the fences

    I am 60% cash thanks to Fly’s call last Thursday. Still losing money but not as much as I would have. Thanks, Fly.

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  15. TheArtist

    I hear The Fuckery might be playing a surprise gig at lunch in NY today?

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  16. Big Mike

    What a crock of shit…My QQQQ’s calls were exploding higher before I went to take a dump…

    I come back and I down 20% WTF!!!

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    • JakeGint

      Shoulda bot BKX or KRE calls.

      _______

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    • DSB

      market pulse

      Jan. 21, 2010, 10:44 a.m. EST · Recommend (1) · Post:
      Stocks deepen slide after Big Mike takes shit

      By Kate Gibson

      NEW YORK (MarketWatch) — U.S. stocks extended their slide on Thursday after Big Mike, a regular poster on iBankcoin.com (IBC), took an enormous shit Thursday morning. It is unknown whether Big Mike took a traditional shit, or a shit in the shower. Also noted, an index of manufacturing activity in the Philadephia region unexpectedly fell in January. The disappointing report offered a “fundamental negative catalyst into technical selling,” (shitting the shower) said Craig Peckham, equity trading strategist at Jefferies & Co. The Dow Jones Industrial Average /quotes/comstock/10w!i:dji/delayed (INDU 10,466, -137.09, -1.29%) fell 131.19 points to 10,471.96. The S&P 500 Index /quotes/comstock/21z!i1:inx (SPX 1,125, -12.61, -1.11%) declined 12.26 points to 1,125.78. The Nasdaq Composite Index /quotes/comstock/10y!i:comp (COMP 2,276, -15.74, -0.69%) was off 13.46 points to 2,277.79.

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      • The Fly

        LOL

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      • Big Mike

        “Shit in the shower” ehh? I havent heard that in a while…

        Nah, it was the good old fashioned dump…good dump mind you, got a chance to catch up some on some reading. Yes, I do read the articles (for the stud bachelors out there)!

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  17. smitty

    Fly for Asshat. Fly for Asshat. Fly for Asshat. Mutiny!!!!

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  18. TraderCaddy

    I need an attorney.
    I have whiplash.

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  19. Doc

    The funny thing is, I thought it was an up day because I was just staring at 8 stocks and never looked at the indices. This is the second best day of the year for me so far and with no shorts.

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  20. TA

    It sure doesn’t take much of a drop for the bears to come crawling out with their shouts of victory.

    Always predictable but still so lame.

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    • jay the coffee guru
      jay the coffee guru

      well when the bears have been wrong for almost a year their heads are pretty flat by now

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    • Goldmund

      all this bulls and bears shit, is anyone actually perma anything, outside their internet personas?

      bears lose money bulls lose money

      and some people always win.

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  21. Vegas Martin

    Well said Fly. I’m not concerned about the sell off one bit. In fact, I embrace it since I always like when stocks go on sale. Consider the last two days a gift from the stock Gods.

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  22. J

    I think Hopeychange may have just fucked the market with the new curbs on the banks. He’s also limiting size of banks which means economic scaling won’t be possible.

    This purple lipped goose is a disaster.

    Banks could be even less prone to lend now.

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  23. MOOBS

    Fly, I really like your new “in a word” thing. Clever.

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  24. OldA

    Fly you had this selloff called last week, and you even called the Tuesday rally, but then you stretched for 11,000…I still give you credit…great call.

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    • Stellios

      The Fly is right on though!! 11,000 is coming soon.. It might be between 2/3/10 – 2/17/10.. The market is taking the bears to the cleaners.. Get the vision… It takes time for this stimulus money to go through the right hands… Just take it easy the next 2 to 3 business trading days…

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  25. TraderCaddy

    In and out SMH 6 times today- good scalps.
    Off to find some Drank and slow my roll.

    KRE- 3 times.

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  26. Stellios

    I agree with you Vegas Martin.. I see the 1st and 2nd week of February as the best of the year for the markets.. oil is going to $85 dollars a barrel within the next 3 weeks, and CMI will see $58 a share in this period.. I am going chill… Have great day peeps!!

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