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
23,426 Blog Posts

Bull Market Gurus

All of the shit that you are doing now, I’ve already done. You think the market looks great and all of your little fucking stocks are awesome? Fuck you, I’ve been there and done that. While you are over there, sucking the pants off of some bullshit 4 letter stock, I am over here with a heart full of disdain, blogging away like the wind. Do not raise an eyebrow to Senor Tropicana when he says “it’s time to move on.” You have not earned the right to offer advice, nor will you ever.

See, pal, making money in a bull market is easy. Try banking coin when the tenants in your building are taking self inflicted howitzer shots to the face, on their lunch breaks, because the market stole their nest egg. For the record, I did not sell any [[TLT]] yet. However, if I chose to do so, well, that would be my fucking decision, wouldn’t it? Moreover, and let me make this 100% crystal clear for you: I’m not your fucking financial advisor. Fuck off and call the hacks from Merrill if you need someone to tell you nighttime stories and tuck your pathetic ass in at night.

What I do here, on this blog, is actually none of your concern. Sometimes I wish my blogs were written in invisible text, so that only I may read them.

This is my situation:

More than 60% of my assets are either in cash or treasuries and have not lost any value since they’ve been parked there.

10% of my assets are placed inside of a retard boat, [[VXX]] , getting hit with electric shock grenades on a daily basis.

30% of my assets are at all-time highs, invested in more than a dozen different equities.

All in all, my gains are about 15%, year to date. My choices are to be stubborn and wait for “my market” to magically appear. Or, I can just carry on with my life, throw some money back in the market and keep it on a very short leash.

The bottom line is this: my assets are at all-time motherfucking highs, coming off of a +90% 2009 and +60% 2008. Shame on you and your house for your sins. Shame.

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53 comments

  1. Le Fly

    Buylo is banned. Who is next?

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    • Mr. Cain Thaler

      Haha, you need to put back up on the banner, underneath iBankCoin, “is a priviledge, not a right.”

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  2. Le Fly

    Tea house is on the watchlist

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    • Teahouse On The Tracks
      Teahouse On The Tracks

      What an honor … but I’ll put on my top hat and wing tips to show some due respect as you really do deserve it.

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  3. Le Fly

    Stay of execution for buylo granted

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  4. Le Fly

    Ok y not executed

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  5. JuiceyFruit

    gotta love a righteously indignant Flea ! 😛

    oh, and I’m taking (another) shot at that latest crack-whore VXX. 19.15 … stop, somewhere or other 8)

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  6. Cash-N-Guns

    buy SWIR & CLWR..have a single malt scotch and a nap…carry on.

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  7. jg

    the fly is god dammit

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  8. Yogi & Boo Boo

    Reminds me of only one thing:
    ‘Now hear this, O foolish and senseless people, Who have eyes but do not see; Who have ears but do not hear.

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    • The Fly

      It’s more like: “fuck off and go bother someone on Twitter,” while I snack on a sandwich, throwing soup at my television because it’s too loud.

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  9. Frank White

    Stock prices have reached what looks like a permanently high plateau….

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    • Yogi & Boo Boo

      Frank, can you tell me what tonight’s Daily numbers will be, so I can make some cash for a hot meal?

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      • Frank White

        Do what i do, sell a little powder to a money manager…

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      • Teahouse On The Tracks
        Teahouse On The Tracks

        What, no unguarded “picinic” baskets on Wall Street today?

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        • Yogi & Boo Boo

          Not for a few weeks…

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          • Teahouse On The Tracks
            Teahouse On The Tracks

            Stand outside Fly’s office and you may catch a few slices of pizza as he tosses them out the window after slapping his assistants due to missing this market move.

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          • JakeGint

            Don’t tell me… you’ve adopted this new avatar in order to take advantage of my last posting in terms of “avatar positioning?”

            ________

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  10. YaBollox

    “+90% 2009 and +60% 2008” nice!

    But the Yahoo finance people did better.

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  11. Teahouse On The Tracks
    Teahouse On The Tracks

    I’m up 15% the past month while Fly collects his divy … Oh the humanity!

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  12. buylo

    Why didn’t you just go long FAS instead of messing with the TLT, could have been up 40% ytd. But ohhhh, noooo, you gots to try and get fancy. Flying chicken awatars acceptable!

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  13. Market Internals
    Market Internals

    What I have seen FLY do is enough to have his likeness permanently installed in the most prominent position on the Mt. Rushmore of trading greats. Carry on…

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  14. Frank White

    Mike Mayo just flipped bullish in BAC
    Also raises GS to buy.

    Amazing these fucking clowns.

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  15. ok y not

    URGENT………………………… PPT Hybrid Score 3,333.

    More to follow

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  16. buylo

    Le Fly, kindly don’t ban me, I was just saying that in the old days, you would have been on it, what’s up?

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  17. Devil Dog Wannabe
    Devil Dog Wannabe

    I just short Flys picks. It is bullshit now but you bear fuckers will be crying soon. It’s coming down any minute!

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  18. Mr. Cain Thaler

    I shorted more OSK.

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  19. dumas

    what the frack is going on.

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  20. merrill hack

    we write our blogs in hebrew and all salutation are in farsi e4rrr i mean fazbi

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  21. merrill hack

    we also told you to short ISRG at 330

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  22. panamaorange

    It will be plenty safe to knife catch, at dow 7k. But, by then, most of these 18 year old bull market gurus will already have been drafted—to help Halliburton install 4000$ toilet seats in Tehran. Hope they set their stops ahead of time.

    http://www.youtube.com/watch?v=uLRNNnkkldw

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  23. Frank White

    Small cap bio fraud RNN on the move.

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  24. eisensteisn

    You are making a big mistake with VXX and TLT. More advice forthcoming. You obviously need it. Stay tuned.

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  25. TheArtist

    hundreds of stocks hitting 52 week highs today and MON hitting a 52 week low?

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    • DMG

      Another astounding observation. Keep up the good work.

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      • TheArtist

        fuck off, jackass.

        go blow one of your Haliburton buddies that you are in love with.

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        • DMG

          Testy, testy…End of the world not coming soon enough, eh piker?

          From what i recall, you were talking about shorting HAL at $25, no?

          You are a complete muppet, yes?

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  26. noodleboy

    never wanna give up the 2 n’ a half hour lunches

    long live ibc

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  27. newmoney

    Upping my target on S&P to 1450 by year’s end.

    newmoney out!

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  28. Hawaii Five0

    Dr. Fly,

    I don’t care whether you’re perfectly right every time. I would just like to learn from you.

    So, here’s a couple of questions.

    In an earlier post you said semis would do well in this cycle. How did you come to that conclusion?

    Also, in the post before this one you said, “In short, there are shortages in semiconductors.” How do you know this?

    Also, just to let you know the first statement supported my trend following tools, which gave me enough balls to get into a Profunds semi mute today with 25% of my port, which is paying off at about 4%.

    Finally, I wonder if you have given any though to devoting a small, albeit serious, once a week blog, to directly teaching some of us novices some of the basics. Maybe call it Fly Schul.

    It might turn out to be an attractive addition to the site.

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  29. Frank White

    FTK takes out 1.62 on a closing basis and the squeeze will be on….

    Alreay getting pinged about it….

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  30. xxxHuggieBearxxx
    xxxHuggieBearxxx

    Good Lord.

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  31. moneyflo

    Market headed for correction. My clients “nag meters” are off the charts today. “Why don’t I own this…why don’t I own that…why am I being left behind…my portfolio sucks…”. It never fails. Whenever I start hearing these things a massive pullback is right around the corner. Prepare yourselves.

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    • in a bull mkt be bullish
      in a bull mkt be bullish

      moneyflo i’m getting the same response. today a client who couldn’t tell a stock from a bond told me “i’ve got a gut feeling that this market is going higher.” It probably will, but we know how this movie ends.

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  32. Frank White

    Bidu target to 750 at RBS.

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  33. needle dick the bug fucker
    needle dick the bug fucker

    I got a question. What happens to the PIIGS interest rate on debt when the FED starts tightening. I mean if folks can get new higher yields on US debt why would anyone want to own Greece short term debt at 6%? In other words im thinking, when the FED tightens this will have an adverse effect on short term Greece rates.

    Im I thinking correctly?

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