iBankCoin

Higher

No more conjecture or talk, with regards to the direction of this market. We are simply going higher, regardless if you like it or not. Your feelings should never enter the equation, just the size of your balls. The fact that you are not long indicates to me that you are, indeud, a pussy, undeserving of coin.

Japan caught an S&P downgrade to the face and no one cares.The dollar is trading down and that’s all that matters, until it doesn’t.

Within my positions, I am making a great deal of my money, long CRUS, OPEN and AMKR, all ancillary, but very important positions of mine. For the most part, all of my positions constitute at least 5% of my overall holdings. Like O’Bama said, we do shit BIG here in the US, even bigger in this shit hole called NYC.

Using my crystal ball, I see much higher stock prices in store for my AGQ, EXK and BORN positions.

Position accordingly.

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31 comments

  1. robby_pvb

    just waiting for the next credit crisis. so many possibilities, so many holes to plug. can the little boy(s) with their fingers in the dikes keep the flood waters away?

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  2. Terry

    Crystal BALLS!!!!!!!!! Where does FTK stop?

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    • Po Pimp

      Another to add to my list of regretful sells:

      DAN from < 1.50
      CVGI from ~1.20
      FTK from < 1.10

      I don't handle success very well.

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  3. Po Pimp

    Dow 12K…. again!!!

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  4. drummerboy

    fuckin a,added 300 more to exk just before [email protected] to ride that pony agin

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  5. AI

    FTK was the idea of the decade i got to thank you for that waiting for 8-9 up 400% on that

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  6. The Big Ragu

    Can I praise your boy Rajun here for his REE call ?

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  7. Juiceyfruit

    put on yer Dow 14 k party hats 😀 😀 😀

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  8. JakeGint

    It takes courage to stay long when you sit in front of your tube all day and can sell at any time?

    Interesting thesis.

    ________

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    • Woodshedder

      Absolutely. Riding a trend is easier said than done.

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      • JakeGint

        That wasn’t my point. He’s a pro, and does this for a living. Other people do other things for a living, and exhorting them to stay long when this thing is due (at least) a pullback, is not helpful.

        We get a lot of testosterone jockies on this site who would jump off a cliff on a dare, given the proper manhood questioning inducements.

        _________

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        • Woodshedder

          I think it is wise to stay long. As we agreud last week, we are due for a pullback, but it may take a lot longer to develop than we can imagine.

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    • AI

      that is why retail always losses in the end all they have is commissions to show for…..most money is made by sitting not twitch trading

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    • The Fly

      quit being so sensitive

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    • Quint

      What makes it easy is using other people’s money.

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      • The Fly

        I use my own money. Fuck you very much.

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        • Quint

          100%?…you have investors, if I recall.

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          • The Fly

            Naturally. But it’s not like I am sidelined while my investors are all in.

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          • Quint

            No, that’s not what I meant – I meant it is easy for fund managers to be 80%-100% invested because it is not their own money.

            I highly doubt you have 80%-100% of all of you assets in the stock market right now.

            For those of us that are managing 100% of our own money, comparing how a fund manager could stay 80%-100% long this market while others cannot is not relevant.

            If 90% of the money I was managing belonged to others, I’d be 80% long too – it’s the only way to outperform and get paid in this one-sided market…I even expect more fund managers will be going on margin soon given the grind we are starting to see.

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  9. teapotdome

    I am lathered up in snake oil. Nothing can stop me now.

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  10. Doc

    Higher is not a direction but a certainty.

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  11. WannaBe

    Cheers Monsieur Le Fly, this quote’s for you:

    What’s the point of havin’ a rapier wit if I can’t use it to stab people?
    – Jeph Jacques

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  12. TheV.King

    Hip Hop like a V.King

    http://www.youtube.com/watch?v=PDYu9R57R_g

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  13. francesco

    King Mr. Doc Le Fly , Gold my turn down to get previous highs . .
    it’s quite a bit from here .

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