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
23,433 Blog Posts

Read the Future

Imagine you were in a stupid room with decorative glass windows. You know, the ones  that were crowd favorites of the American Psycho crowd back in the 80’s. Now imagine yourself reading my blog, commenting on “The Fly” selling too early. Bear with me, for I am about explain what is in store for you.

You left some comments like “WTF n00b, sold early, hahahahaha,” then took a few sips from your faggotty glass of wine. Then you heard a noise, sounds of laser beams and shit. So, you put your small glass of chardonnay down to take a peak. You walked into the living quarters; but found nothing. So you head back to your desk to revile Le Fly a little bit more. You were having a grand old time on the internets.

Then, suddenly, a fucking spaceship appeared out of nowhere, outside of your bullshit decorative windows. Immediately, a fucking robot arm broke through the fancy glass and punched your face in, shattering the glass of chardonnay all over your mustache.

I WILL FUCKING KILL YOU. That’s like a direct threat to your personal safety. You might get away with talking shit on other sites. iBankcoin, specifically my blog, IS NOT OTHER SITES. I have serious testosterone issues. I am alpha to your omega.

Here, let me explain this shit to you in psychopath caps and quit fucking around.

I AM VERY MAD THAT I SOLD NEAR THE LOWS. I WANT TO PUNCH THINGS AND INFLICT BODILY HARM TO RANDOM HOMELESS PEOPLE.  I AM VERY MUCH INTERESTED IN KICKING OLD MEN IN WHEEL CHAIRS DOWN SUBWAY STAIRS.

There, I said it.

Now that I got that off my chest, understand that nothing has changed but the weather in Tokyo. I will ride to the death in WNR, now more than 25% of my holdings. PESI is a small holding, which has no bearing on my life. I kept MAS, FLWS, WFC, TEVA, ADBE, FORM and C. And, I initiated a new position in VLO. Sure, staying in cash for months on in protects you from nuclear meltdown events. However, I come to play and win everyday. I much rather swing and miss, than watch that shit pass me by and get called out.

My 60% cash position will be allocated as soon as I am comfortable.

[youtube:http://www.youtube.com/watch?v=SqqkED6H8zk 616 500] If you enjoy the content at iBankCoin, please follow us on Twitter

48 comments

  1. pedro

    awesome. have me laughing out loud on my bs cube.

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  2. j

    Dude.. I woke up at 6.30 this morn to see WTF. This shit has me in stitches.

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  3. Bullish

    Love the American Psycho reference!

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  4. xxxHuggieBearxxx
    xxxHuggieBearxxx

    HuggieBear is up a cool .5% on the day. This is the type of environment Huggie thrives in. Not short either, just long currencies and buying dips at the right time.

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  5. joke

    Buy the open, sell the close. Short the close, buy the open. I gots this tradings things down to a T!

    This market is a fu**ing joke!

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  6. jjjsix6

    Cashed out end of day. Thanks for playing!
    I want this nuke shit buried before I buy back in.

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    • go2mars

      You’ll be sitting on your thumb for a while then. Fair enough.

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      • jjjsix6

        Ok, at least until the dam thing stops catching on fire and blowing up.

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  7. jimmy dean

    A question to a most generous fly, or anyone else that knows the answer, how do you check spreads for WNR or any other refiner?

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  8. thewife

    LMAO – your kids made you watch that stupid animated wolf movie Alpha and Omega, didn’t they?

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  9. omen

    Watched the market all day, waiting for the selloff… Didn’t happen…. Saw a lot of wasted opportunities zoom by, but I prefer to complain about missed opportunities than about actual loss – so taking it very safe and easy now… (with @Chess and @Fly advocating cash and safety, this isn’t a market for a noob like me to play chicken with!)

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  10. logicalthought

    >>I WILL FUCKING KILL YOU. That’s like a direct threat to your personal safety.<<

    Thanks for clarifying that! I've often wondered what "I WILL FUCKING KILL YOU" means!

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  11. Baron de Rothschild
    Baron de Rothschild

    Selling off in the morning was a matter of preservation of capital. The results of nuclear disasters are too difficult to calculate, especially when a government, that is trying to keep its citizens from the panic dumping of domestic securities and the panic buying of everything on the grocery shelf, has a vested interest in under reporting the potential severity of the disaster. I probably sold off more than I should have at the open, but I later dumped ten grand in SLW and another twenty into FXA. I just have to have the discipline to sit on on that shit until it is publicly acknowledged that the USD the toilet paper.

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  12. Teahouse On The Tracks
    Teahouse On The Tracks

    Where is Vicenzo? The “Recent Comments” section of your blog page is missing Fly … WTF!

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  13. sspiff

    lol. Super funny post dude. Risk mgt doesn’t always make the most money but it does help you keep it. Diptards who laugh at cutting losses lose mustaches and have wine spilled on their burlap blue blazer.

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  14. zzzdoc

    It just seems that the Fed should be used as a blanket around all failing nuclear reactors. I bet you not a single atom would escape the place. Unfucking real. We should be down 1000 points easily. The Nikkei is down 16% in two days and we barely dipped below 12k.

    zzz

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  15. ruggyup

    Love the vent. Better to be pissed off than pissed on.

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  16. alphadawgg

    Borderline psychotic, but nicely done.

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  17. Mrs. Peabody

    Well, I never. Young man, you must grapple with and conquer that anger management problem. Buy these dips.

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  18. shunsmuse

    -falling glass in the Worden room? Please send help…I’m locked out of the PPT

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  19. Bill Johnson

    Fly, you tha man. Appreciate the insights on OPEN, I think you should get back in tomorrow though. Of all that will hit the homerun, you’ll kick yourself down the stairs if you’re out for this ride up. Appreciate your commentary. BTW, we drink Cab not Chardonney.

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  20. Atlas Vicious

    Is all wine “faggotty”, or just Chardonnay? Is Cakebread Chardonnay part of that too?

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    • The Fly

      just chard

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    • ruggyup

      No, Cakebread Chardonnay is not part of any fagotty bullshit. It’s not chardonnay. It’s Cakebread Chardonnay. Like Indaba Chardonnay is not just chardonnay.

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  21. yoursisterspanties
    yoursisterspanties

    stop posting this soft ass Drake on here, especially after talking all that tuff boy shit!

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  22. flyaway18

    Fly,
    I sold half of some of my positions after I read your article for a small loss and I did it for the purpose of raising more cash. At least if they went up I still some had on the table. Not that you ever care what any of us plebs think, I thought it was a good move as you know you will make it back in short order. You were certainly right about taking your profits in silver and moving on..

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  23. Old Man In Wheelchair
    Old Man In Wheelchair

    Try kicking me you smelly hippy. You young people have been listening too much to that hippy music like Herman’s Hermits or those Commie Beatles. In my day Lawrence Welk was fine music and we respected our elderly.

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  24. go@mars

    http://en.wikipedia.org/wiki/Historic_tsunamis

    I’ll never understand beach houses.

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  25. dan scallion

    Watching $ fcx big green willy johnson on volume today but stopped at 20 and overhead dt line this move down may resume thoughts ?

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    • ruggyup

      No idea here what you asked. Is this some kind of trick code to make a dummy think you are speaking in tongues?

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  26. dan scallion

    no code here and im not that smart just noticed that a huge run up was stopped at resistance and may continue its downward trend this market has seemed to ME ( my opinion not anything else ) has more headwinds ahead vs tailwinds I am also not a nuke engineer but feel like the poor folks left to handle the problems at the reactors have run out of answers and may be grasping at straws . They evacuated people yesterday and today they came up with hail mary plans which they withdrew ? would love to here from a TRUE US Navy nuke operator as to their chances . Remember this is a 40 year old nuke and was not meant to be tested to this extreme ( Aside my thoughts and prayers are with the people of Japan )

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  27. xxxHuggieBearxxx
    xxxHuggieBearxxx

    I HAVE AN ANNOUNCEMENT

    The winter (2011) of my discontent has come to an end. A losing streak of ungodly proportions stretching across nearly three months has finally and with complete finality come to a decisive end. Suddenly, i can do no wrong. Each trade is a winner, par excellence.

    Should the week continue as its begun, i will be “back to even” on the year.

    The only fly in this ointment (pun NOT intended) is that I can’t get a straight fucking account balance out of my broker. That shit needs to get rectified quick (but that is another matter altogether).

    From here on out, I plan to pimp out the rest of the year and finish up 20%.

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    • xxxHuggieBearxxx
      xxxHuggieBearxxx

      honestly i believe the final four tourney may have triggered the turning point for me….my VXX pick may end up taking me to the finals.

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  28. SteveTheNeighborInFly'sShed
    SteveTheNeighborInFly'sShed

    Well, here I sit in my radiation suit in Neighbor Fly’s Shed. The rest of the Steve family will be joining me soon. It is getting a little crowded in here what with Fly’s illegal Mexican Gardeners and his storage of boxes of beans,toilet paper, and bullets . But, hey that Fly is always prepared. He is one smart goy and those who say otherwise know bubkis. It was a little hard to drink the matzoh ball soup through this suit and the Mexicans keep playing Julio Iglesias and Ricky Martin. Plus they keep the TV tuned to Siempre en Domingo on Televisa. But we are getting along and I am sure they will appreciate my rockin’ Shlomo Artzi tunes Mrs. Steve will be bringing by soon.
    Shalom from Steve.

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  29. dan scallion

    Sir Tropicana a posit if you will Do you think arab countries are going to turn to democracy ? I feel the current discontent is in fact a move by al – queada (mexican spelling ) to gain control of the people and thus of the oil in order to disrupt the western economies . I further feel it is not only possible but probable our leaders have missed this and feel no threat (It’s fun to support new democractic states ) . It is all about oil and they know it and if they promise democratic reforms to keep us from acting they may win over the populas( no time for spell check ) and restrict our access to the oil . They can then point to any intervention as an an attempt by the satanistic and wicked western desire for more oil as our only interest and they would be right ? Hard to argue but it seems they may have used our dumb butt desires to reform them against us and the protests in different countries seems to be very well coordinated as i complete this post the talking heads are talking about fuel prices and shit

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  30. carsony

    I lost money last year on an oversize position betting the wrong direction, the market took 15 percent of my money. The process taught me a good lesson..I have made 8% back so far this year, and plan on making the rest back by the end of the year and more.. This game is hard and addicting. Sometimes you feel like you are holding the perfect hand and then poof, things change.

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  31. Fissionista

    http://news.yahoo.com/s/ap/20110315/ap_on_he_me/us_med_radiation_pills

    selling out of potassium iodide… shields thyroid from radiation—- makers should see strong sales boost

    http://www.einet.net/review/76665-86119/World_s_largest_manufacturer_of_potassium_iodide_tablets_IOSAT_and_most_complete_source_of.htm

    not sure if public company but just a thought

    not even sure about much just thinking on your blog

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  32. Yabollox

    al Qaeda would be happy use democratic movements to gain control. Not that they want to disrupt western economies so much. They want to disrupt western culture and replace it with strict Islamic law. They don’t want their wimmen parading around nude like in the movies, or have people drinking and using drugs and such as is shown in our media all the time. Cut off the thief’s right hand. Behead the female adulterer. Live the holy life. I do have more faith in the younger folks in the Middle East. Despite all their people’s backwardness, they are learning what life can be.

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  33. Fissionista

    http://en.wikipedia.org/wiki/Potassium_iodide

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