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
23,446 Blog Posts

Ever So Dramatic

Scary people with guns are running around in Libya shooting camels, while Americans snort cocaine off gasoline pump handles. FOX NEWS is running exclusive coverage on how the democratic party intends to kill and hide the remains of Jesus, should he ever decide to pop up again. MSNBC is covering a destitute and armless union worker, who had his arms cut off by the Governor of Wisconsin. Things are awry, as Saddam would always say when US warplanes unloaded their “smart bombs” on his future place of execution.

The market is getting hammered, as investors check the fuck out. No one cares about the economy or POMO anymore, just Libya and their stupid civil war. On Jupiter’s stone, may the House of Saud fall in a most heinous fashion, sending oil to $1,000 AND MORE.

It makes no sense for me to give advice, based upon something that is so volatile. However, I am not selling out of any of my positions, just yet. It’s alright to lose money, every so often. It’s good for the soul and makes a man out of you. So what your account was bigger on Friday. Quit bellyaching about the market and try to predict the next series of egregious events with Space Alien Magician (SAM) accuracy.

As for me, I remain long a boatload of shit, namely BORN, OPEN, APC, BZ, FLWS, MAS, ARO, CENX PSUN, as well as new spec plays KAZ, MPET and NGAS.

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25 comments

  1. A Monkey With a Banking a Nice Profit
    A Monkey With a Banking a Nice Profit

    First!

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  2. ecchymosis

    I believe The Fly is channeling Dr Hunter S Thompson here!!

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  3. panamaorange

    If XLF and XHB hold 30 min triple bottoms with their lows from last few weeks,lows in the ES will remain viable.Until we see a sub 16.30 close in the XLF, we haven’t really begun a market downtrend.
    This is the 3rd time in 2 weeks that bears have tried to break us on a sharp downmove with high volume.If they fail here,they may not get 4th shot. The zero hedgers are wasting too much ammo. If they were wise, theyd give bulls some time to get trapped on the long side , and then strike them

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  4. A Monkey with Sterling Silver Testies
    A Monkey with Sterling Silver Testies

    sold silver and got small short it here.

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    • trashed

      dumb

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    • A Monkey With a Large Kit Bag
      A Monkey With a Large Kit Bag

      Dude, I do the “A Monkey with a blah-blah” thing here, get your own fucking stick.

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      • Jakegint

        No Jewish relatives?

        It’s a Yiddish word, and that almost always means you’ll need an “h” in there somewhere.

        Schtick.

        ___________

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        • A Monkey With a Large Kit Bag
          A Monkey With a Large Kit Bag

          Jake, I got no Jewish relatives but I’m a huge Mel Brooks fan. Loved “Blazing Saddles”.

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          • Jakegint

            Mel Brooks movies are classic. History of the World, Part I, and Young Frankenstein are also “must sees.”

            You could move to Long Island, or better yet, South Florida. You’ll be speaking Yiddish in no time.

            I’m Oirish-Catlick and I think I know more Yiddish than a lot of the Midwestern Tribesman that I meet out here.

            _________

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          • A Monkey With a Large Kit Bag
            A Monkey With a Large Kit Bag

            I’m Irish, when I drink too much I speak perfectly good Yiddish.

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          • drummerboy

            oy

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  5. Fatso

    In Fly we trust.
    Indeubitably.

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  6. TheV.King

    Stop losing money…BUY V.King stocks…

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  7. ruggyup

    There is proof of God. Once upon a time a while ago I blindly followed FLY into EXK, OCZ, VTG and a couple others. Being in my dotage and showing my ignorance I never sold them but, bought more. Poor stupid, ignorant, witless, shit for brains me. Now we hear coins rattling and heavy bombers forming a no fly zone over each of FLY’s residences.

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  8. A Monkey With a Buttload of KAZ
    A Monkey With a Buttload of KAZ

    Yeah baby. What are we buying tomorrow Mr Fly.

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  9. Nitroglycerine trading
    Nitroglycerine trading

    You’re not kidding.
    This morning my account was up 15% for the day;
    later it was down 1%;
    at the moment it’s back up 12.7% for the day
    2 wks ago my ytd “return” was -30%; right now it’s +23%
    crazy

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    • Josh

      This means you are stupid and have no risk controls and/or take postion sizes which are far too large for your portfolio to handle. You will soon be broke and I will be banging your girlfriend/wife/goldfish. You are in it for the action and can’t/won’t change. I would help you but I doubt you will have access to the internet in the near future. Enjoy checking your yahoomail and going BM at the local library, you dumb shit.

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      • Jakegint

        Please do not bang his goldfish.

        _________

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      • Nitroglycerine trading
        Nitroglycerine trading

        Ha ha, thanks for the encouragement Josh. I sense a lot of anger.
        You are right about position sizes; as to whether I’ll soon be broke – not yet determined.
        Been doing this since May. If the economy keeps going; my business should continue to do well; if the economy blows up, my “investments” should do well. Balanced, in a twisted sort of way.

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    • alphadawgg

      I’d say either you, your account, or both are manic-depressive.

      Plan your jumping off point wisely. It will make all the difference.

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    • The Fly

      NICE MOVES!

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      • BlindReadAnt

        Anyone care to partner up on their life insurance contracts? Email me at “[email protected].” 10 % goes to the IBC community’s 2012 Tourney I hear glowing things about… .

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  10. Biff Uppington

    I just had a chat with King Abdullah while we were playing online bridge. He assures me that all is well in his kingdom, and that all of you common folk should not panic. Make sure you that drive in a fashion that degrades your fuel economy in your vehicles. The King is spending more money on his people, and he does not want to dip into his personal savings.

    Thank you for your cooperation
    Biff Uppington III

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  11. Trading Nymph

    Just stupid copper bubble….teasing me…..that stupid thing is taking forever to pop. Also, US Dollar held that 76.25 support level so far. Thank You Libya.

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