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
23,445 Blog Posts

Watch Me Ride

A lot of nervous nellies around these parts. You are haunted by previous transgressions and fear for the worst. However, your obvious lack of faith in Santa Claus is sinful and downright disgusting. There is a strong bid underneath this market. Granted, on any given day, stocks could shave 2-5% from your bullshit portfolios. But that’s part of the game. If you want to last the test of time, you will need to step your stock game up. You cannot simply rely on a few lines on paper and call yourself an investor. You are the bane of society, everything that’s wrong with America today. You want your coffee in a K-cup and you want it now, damn it.

Sometimes you need to wait and take an overhead view of things. Plot your moves with OCD like precision and accept losses as part and parcel of “the game.”

For the day, I ended up 1.4%. For the year, I am up more than 52% and I intend to break the 60% barrier by Dec. 31st. I have no problem, whatsoever, with pressing the envelope here, as my gains are all but assured. My cash position is back down to 10% and I am speeding in a car, made from dynamite, heading towards the fucking sun.

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38 comments

  1. ALLPROz

    I piss on the sun……

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  2. Heaterman

    OCD like precision ………..Now THAT one is really good when you think about it.

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  3. Daxx

    As good as Fly’s recommendations are, they’re only half the fun. The other half is the priceless commentary. It’s sort of a great combination of Don Rickles and Kurt Vonnegut. You da man!

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  4. Aristotle

    Is that you, Icarus?

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  5. Teapotdome

    Silver and gold… Silver and gold…
    http://www.youtube.com/watch?v=uCEeAn6_QJo

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  6. Gravestone Doji

    I feel the Fly here. An hour of fuckery and some of us, myself included, have one foot at the exits. Didn’t help though having the Men from Burlap making a kick circle out of REE and ZAGGnut Buyers this morning. Paybacks are a bitch.

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  7. Caffeinated

    Yes, that was me selling the REXX. I’m so ashamed.

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  8. theedge111

    Netflix right into the garbage can the last few days. Don’t see tech going anywhere without it. MOMO’s are looking tired.

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  9. The Lord of All Markets
    The Lord of All Markets

    Yes, if there was any gamewhere you need need to strap on a pair of macho grande huevos, this would be it. Go big or go home. (or go big, then go home in a big fucking limo…)

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  10. Frog with Coffee in a K-cup
    Frog with Coffee in a K-cup

    So is it still looking like your move will be to North Carolina, Fly?

    Nice place. Pretty polluted from coal though.

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  11. Frank White

    Tell god i say hi.

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  12. TraderCaddy

    I am going to a niece’s graduation at the end of the week at Univ. Missouri in Columbia.
    I will be meeting another Uncle of hers at the Kansas City airport and we want to hit a KC BBQ place or two before we head to Columbia.
    Somebody on this blog gave me an idea several weeks and am open to find out where the locals go for KC Que, hopefully between the KC airport and Columbia.
    Thanks in advance.

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    • mrkcbill

      TC….depending on your arrival….you might want to check out Danny Edwards BBQ on Southwest Blvd….only open for lunch MON.-Fri… but I think he has great Q…..Arthur Bryants for a Beef sandwich is hard to beat……Gates BBQ has best Ribs get short end or slab……..Those are my top 3…..if you want upscale Q you can go with Fiorella’s Jack Stack……..stick with Beef and Ribs at all these locations. Burnt Ends are a scam. For most vibe Hit Bryants on Brooklyn…or Gates On Main or 47th.

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    • StocksRider

      I don’t have any bbq places to suggest but you just broght forth so many memories. While you are there, definitely stop by the Heidelberg, the oldest and one of the favorite watering holes for everyone alike. Hope you have fun. Say my hi to the Pillars, will you?

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      • TraderCaddy

        Thanks for the info mrkc and SR.
        Will try Danny Edwards or Gates (recall this from Diners,Drive Ins and Dives on Food channel) and I looked up the Heidelberg in Columbia. It’s close to the campus and walking distance from the hotel. So I will give it a try.

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  13. jande9

    The Santa bubble peaks this week, maybe even tomorrow.

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  14. Russian sailor

    Hey.. 5 months ago I was telling you to go long PM,
    but no, you shorted AEM against me… tough luck .. but you have learned the hard way
    50%+ is nothing for us gold bugs and is ok return for simple guys like you lmao

    GOLD BUGS RULE THIS PLANET!!!
    PROUD TO BE IN GKLD FOR THE PAST 13 YEARS AND COUNTING…

    PS.: asset allocation my ass! lol

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  15. GYSC

    Early shake out, no way no how come hell or high water this market does not melt up till 2011.

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  16. Dr Genius

    The market hasn’t even moved to the upside yet.

    EURO has busted to the upside. Watch for all the EURO doom shorts to get squeezed hard.

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  17. discoordinated

    I was short AMT today, and still am.

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  18. JakeGint

    Beware the gathering hordes who seek to board your zeppelin.

    ____________

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  19. madrid

    “I have no problem, whatsoever, with pressing the envelope here, as my gains are all but assured. My cash position is back down to 10% and I am speeding in a car, made from dynamite, heading towards the fucking sun.”

    Fly, you have the potential to be an excellent investor. All you need is a little more confidence.

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  20. inandout

    Madrid , the fly is one of the most confident people out there to me don’t know what you mean by that.

    At first I came across as a ballbuster while trying to give some constructive advice to fellow trader I saw in a slump. One thing I really don’t like to see anyone especially good traders who know better to get stuck in any prolonged slumps. I have been in them and they really are no fun at all but one learns from them , they tend to effect or spill over to other aspects of a traders life most times but can be great learning experiences for amateurs and pro’s alike.
    Anyway He was a really good sport about it and have respect for him because of that.
    If anything to me he would have too much confidence rather then not having confidence, not that it’s bad thing.

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