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
23,474 Blog Posts

I Win, Part 1,000,0000,0000

Your praise is not required, for you are a stupid bearshitter and deserve to take a shower with your favorite toaster then read the scriptures du Fly. There are many mysteries in life, such as “Who Killed Kennedy? or How the fuck did Puma Punku get there? However, when it comes to this stock game, “The Fly” is zipping through outer space with no helmet and shit, dropping 1960’s style metal bombs on your casa.

On a serious note, as you know, I am 100% long in my personals via TNA, FAS and UCO. In my managed accounts, I have a hedge via VXX; but I am fully invested on the long side as well. In short, my longs are far outstripping my stupid VXX, making today and incredible day.

There is no reason why today is up, other than the simple succinct fact that we are. I warned you about TLT/FXY and how they could be used as tinder for an explosive rally to the upside. Well, here we are exploding and shit and you are stuck on stupid—reading Zerohedge—long egregious amounts of FAZ. Indeud.

For all of you PPT subs out there: congrats on the telegraphed win. For all you other fuckers, fuck a goat.

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46 comments

  1. Homo Bob

    This better be big!

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  2. J

    lol.

    Please don’t be modest. You showing far too much reticence in you wins.

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  3. J

    I think we have have your sept. in august. But of course it all depends on the Yen and how gay that turns out to be…. and it could be gay as the Japanese are standing like deer in headlights as usual.

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  4. Alvari40

    Sick move today – ticks above -0- all day so far, decliners <300, and TRIN in the basement. This is one of those days where we melt up into the close. Nicely played Fly. See what some r-n-r in Cali will get you. Come back more often and visit the rest of the state. Your trip to Cali was like me going to Manhattan and saying that I visited NY.

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  5. Bullish

    That’s alot of zeros!!!!

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  6. drummerboy

    you only won cause you got rid of dat cramer ad. lol

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    • Quint

      Great point – did you notice how the market has been shit ever since he had that Cramer advertisement??? I was hoping Cramer would quit the biz – his ratings are shit and his website has gone down the toilet – that would produce the ultimate bottom….and maybe we’ll still get that some day.

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  7. bubo

    Next stop 10500… yahhhhh…

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  8. Pete

    Yes.

    You won after 9 days of losing, but who cares about the details.

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  9. FIG

    Classic…

    “In short, my longs are fart outstripping my stupid VXX, making today and incredible day. ”

    Fart? Your portfolio must need some beano.

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  10. StocksRider

    With you, Fly. Good job sticking in there. Just sold half of my SPY longs to book solid gains. Letting the other half ride.

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  11. alphadawgg

    “Casa”…you must have picked up that nomenclature in California. This is not a good development.

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  12. WSJC

    This is Obamas’ economic team saying fuck you to the Republicans for blocking the small business bill in congress..Repubs want these markets in the toilet heading into elections, and the Dems won’t allow it. Stocks have been open for 2hrs now and we’re up 250 pts in the dow!?!?!?! Off of a better ISM reading!?!?!?!

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    • panamaorange

      The market could rally 4k points here, and we still wouldnt push unemployment below 9%. When unemployment is above 9%, the incumbent party always loses. Why do you think Obama is literally spending most of his time golfing? He knows the dems are done in november, and he is wisely capitulating.

      I find it hilarious that victory is being handed to the republicans, but they are too paranoid to enjoy it.

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    • Cascadian

      Obama team responsible for this rally? Why did they wait for this particular 2 hours?

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    • alphadawgg

      More market fockery today.

      Semi-important economic numbers to report tomorrow and Friday. Before people get all excited and start throwing parties for their pet goats, let’s see how the week goes before ordering the pinatas.

      I’d like to know where the volume and conviction coming from.

      Regardless, one day does not make a trend, unless, of course, you’re day-trading.

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      • Quint

        Ths would be the second accumulaton day in 6 days – I don’t think that has happened much.

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    • Mr. Cain Thaler

      Do you really believe either political party is intelligent enough to manipulate markets?

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  13. Dirk Diggler

    Fly did you ever find a good eggs benedict?

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  14. jimmie

    can a fcuk a goat with a cactus dick?

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  15. Apocalypse Now

    Combat troops in Iraq are now called support troops so hostilities are over. I guess we’re going with that theme, just think about the famous picture of the kiss from a returning WWII service man in Times Square. Half of these big moves seem to occur overnight which can make positioning difficult if trying to read the tape.

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    • alphadawgg

      If you call force multipliers like Army Special Forces / Green Berets who are training the Iraqis, “support” troops, then that is sufficient enough to sound benign.

      Make no mistake, they can and will assist with fire-fights, if needed, and will respond appropriately, as good “support” troops should.

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  16. No One

    WTF happened to TOS?

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  17. Carsony

    Would it be smart to sell fas because it has run up so much today, and buy back lower.

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  18. Steve,Jr.

    Mr. Fly. Let me first of all say that I am sorry. My Dad said I should write this. I am sorry Fly, Jr was thrown out of the US Tennis Open as a ball boy for looking up Maria Sharapova’s tennis outfit. It was my fault. I bet him three shares of my MVIS stock that he wouldn’t do it. Anyway, you should at least be happy to know he isn’t gay- not that there is anything wrong with that

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  19. schneidehouse

    fuck you

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    • schneidehouse

      HA! That response was made to a post that must have been deleted from the time I started typing, to the time I hit Submit.

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  20. Peanut

    As a space alien magician you very well indeed know how Puma Punku got there!
    Someday you will tell us, until then patience is key.

    Welcome back Senor Tropicana!

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  21. buylo

    You are so lucky the PPT came to your rescue, finally! Fly, you have any stats on the average drawdown for 2010 or from the begin, when PPT is a few days late?

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