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

Pissing in the Wind

After we came out with guns ablaze this morning, the ballet broke out and the bulls started dancing with the bears like faggots— no offense to gay guys of course. We were supposed to have this great big rout, filled with blood, red meat and gun powder. Instead, we have milquetoast.

Let me go on the record to say: nothing vexes me more than milquetoast.

Despite the grande showing of the Dow, I find myself down 0.2%, thanks to the motherfuckers at MOTR, BORN and SFLY.

Can’t a fly catch a percent?

Developing…

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54 comments

  1. WTF

    Is SFLY your longer-term FB/social web play or just a trade?

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  2. flyaway18

    That’s what you get for buying some very gay acting momos.

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  3. Real Texan

    the NASDAQ and RUT are also starting to de-couple from the SP500 and the Dow. I am long a shit load of TNA after the pull back from 79 and it ihas been going no where for two days. Could be a trend reversal?

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    • asteroids

      I’ve been suggesting for the past few weeks the first ones to dump their profits wins. It’s not too late.

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  4. Kinz

    MOTR is a buy at 18 hasnt been able to say down here too long?

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  5. go2pluto

    if MOTR breaks those lows its taking the elevator back down to 10

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  6. TraderCaddy

    Sounds like a Homosexual Ballet is kind of like the Homosexual opera (not that there is anything wrong with that).
    The Nutcracker?

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    • TheV.King

      Trader can i count on your vote?

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      • TeahouseOnTheTracks
        TeahouseOnTheTracks

        crickets

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        • TheV.King

          Hey I have to earn his vote…It’s an important decision.

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          • TraderCaddy

            Yes.
            So long as you don’t write about moving averages, support lines, Bollinger Bands, Moving Average Convergence Divergence, ADX, etc.
            And especially the size of the copper stockpile in China.

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          • mrkcbill

            V.KING….CHANGE YOU CAN BELIEVE IN!!!

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          • TraderCaddy

            Or In Your Guts, You Know He’s Nuts,
            Or A Chicken in Every Pot. A Nautilus machine in every garage.

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  7. Bullish

    My vocabulary has expanded greatly since visiting this site. Can’t wait to use milquetoast in a sentance. Thanks!

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    • muktukchuck

      As in Casper Milquetoast………………..

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    • Boowan

      better go to a school little boy, It’s sentence and not ‘sentance’. So much for your vocabulary. Surprisingly you got the spelling of vocabulary right.

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      • Boowan's English School Teacher
        Boowan's English School Teacher

        Since we are spell checking…
        Should’t you start a sentance (sic) with a capital letter? Does “It’s” require a capital letter following a comma?

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  8. Kinz

    goto pluto is that based in idiotic technicals its undervalued.

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  9. HuggieBear

    i fell into a murderhole

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    • WTF

      bulls’ or bears’? one cannot really tell in this market

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      • HuggieBear

        they got my shorts this morning, and my long asian properties have gotten ass-stomped this afternoon.

        I was also unfortunately short coffee. Something of a perfect storm…

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        • WTF

          yeah, speaking of portfolio diversification…

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          • HuggieBear

            i thought i had constructed the perfectly diversified, long/short portfolio…i think i got hit by a six-sigma event

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          • WTF

            Black Clam event it was. but seriously, this POMO/QE has altered correlations. we’re gonna face the consequences for a long time after now.

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          • Yabollox

            “Black Clam event”

            I love it!

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  10. Nom Chompsky

    Quick, where is Merlin?

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  11. FIG

    If you want to know where the market is going, look no further than Google. They reported good earnings and have been fading all day. Now down 1%. To me, that is a tell that the market is milquetoast.

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    • HuggieBear

      If you ask me, something is seriously amiss…more than meets the eye. Not just a lttle selloff…

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      • Yabollox

        GOOG’s had a big run since summer. People probably selling the news.

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        • FIG

          Yes, they are selling the news. For the last 4 months, they would have rode it up 10%. This tells me we are at a market top.

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  12. TeahouseOnTheTracks
    TeahouseOnTheTracks

    The market is indeud up but so are my inverse ETF’s …. Odd, no?

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  13. Fly

    First learn how to spell sentence.

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  14. Boowan's English School Teacher
    Boowan's English School Teacher

    Where’s the NASDAQ dip buyers? Apple & Google are a steal at these prices.

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  15. scum bucket bitchez!
    scum bucket bitchez!

    OPEN is like NFLX level retarded.

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    • alphadawgg

      That FPE of 105 isn’t helping either.

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    • alphadawgg

      ‘xcuse me, 146, if you’re going by reported earnings.

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      • Yabollox

        Do you expect a rational market?

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        • alphadawgg

          Yes, I expect a fully rational and cognizant market with pricing efficiency up the yin yang, no less. (not really)

          ….just some resemblance of reason would be sufficient, though.

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  16. The_Real_Hmmm

    Fly,

    Have you considered making an index for momentum? Call it “Impatient Trading, Shut Up and Pay” aka ITSUP.

    Doing a screen for P/E and FPE over 30 yields with price over $5 and volume over 500K yields 53 hits that capture a bunch of the high fliers. Cherry picking some and adding others could help monitor the momentum trades.

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  17. mick

    MOTR insiders just dumped a TON of shares … I never buy when they sell … DUMP MOTR NOW

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  18. Frog Being Swallowed Whole by a Giant Black Clam Event
    Frog Being Swallowed Whole by a Giant Black Clam Event

    ITSUP, I like that. And your screen too.

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  19. mick

    DUMP MOTR….next stop 15

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  20. Kinz

    motr is a buy here

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  21. drummerboy

    more like pissin up a rope.

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  22. Mortimer Duke

    The MOTR fell off my fucking boat today, and now I’m stranded on this fucking empty island.

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  23. well...

    MOTR’s a’been in the agro-purse for a bit now based on El SIratio… upped my stake once, twice, then skipped right over thrice and dove into El Quattro…

    Insiders a’sellin’… Secondary offering a’dilutin’… Tooth enamel a’chaffin’ in the face of da’poo-flavored breeze…

    Endurance or madness? All my call…

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  24. JakeGint

    A tribute to the Jets, a shout out to the Pack and the Steelers, and where the heck is the dollar going, anyway?

    The Wearing Down o’ the Green.

    ____________

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