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
23,473 Blog Posts

We’re All Gonna be Rich

Some more than others, of course. In preparation for today’s festivities, “The Fly” has catered the event with some of the finest caviar and roasted pig the world has ever seen. At the offices del Fly, the sounds of champagne glasses and men of industry reverberate. Large plumes of cigar smoke choke out the weak people and pikers are destroyed without warning.

We will toast to the prospects of a 4th war in the middle east, yet to be announced, while watching employees fence and cut each others arms off.

You might believe some of these things to be false. However, let me remind you of your place, one that resides in a vacuous world of mediocrity. “The Fly” swings large bats with dynamite attached to the tip. He is only interested in winning, even more than that cocaine addled dick-sucker Charlies Sheen. Moreover, it’s not enough that I win. My thirst is only quenched when my substantial wins are paired with your loss, not so much different than a 2005 Bordeaux and a .000001 inch thick rib eye.

Like a gentleman tipping his top hat to another, I expect this market to show me respect today. I sense it wishes to make amends with me, especially for the shit it pulled on Friday. I will have you know, rather immediately, I will accept all conciliatory gestures from the hours of 9:30am until 11am.

Good day

Top picks: TER, WNR, VLO

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48 comments

  1. Bloomberg

    Fig

    But fuck PESI 🙂

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  2. ruggyup

    I offer a “grand battement en arrière”. Fiendishly clever, not to be mimicked by clods, wastrels and second-hand trading morons.

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  3. Baron de Rothschild
    Baron de Rothschild

    With everybody going all in, what a perfect day for a flash crash.

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  4. checklist

    Accepting gestures and all… (cartman voice) sweet

    I am thinking about fading this a wee bit

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  5. xxxHuggieBearxxx
    xxxHuggieBearxxx

    Its official….as of market open this morning, i am back in the black for 2011. Well, its not official until Friday COB, but damn close.

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  6. Bullish

    Who was it that said this Monday morning we gap down 3500 pts? Genius!

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  7. TraderCaddy

    Careful.
    Large Banks are sucking wind big time here- ShitiCorp (the bid-ask jig is up?),WFC,BAC,JPM.

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  8. go2mars

    I just need to gloat because I was mocked for buying uranium stocks Hathor, Forum, and Dennison near lows last week. GLOATY GLOAT GLOAT! That is all.

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    • Bullish

      Nice work… be careful gloating, Fly may make you fence with his employees for that.

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      • go2mars

        If I wasn’t called an idiot for liking uranium stocks, I wouldn’t have made the gloaty comment. Also, I’m not a frequent gloater (even when I’m making nice gains).

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  9. Baron de Rothschild
    Baron de Rothschild

    As long as the “war bubble” keeps expanding, and the US National Policy is driven by the Leo Strauss doctrine of “perpetual war for perpetual peace”, it’s time to join the war profiteers and load up on the defense contractor ETFs, PPA and ITA. (or one could just buy Blackrock). If you can’t beat ’em, join ’em.

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    • Cascadian

      The Libya war won’t be much, not unless 0bama hamstrings the military.

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      • Jakegint

        You know you could lose all community organizing privileges by spelling his name with a zero in front of it like that.

        Be warned.

        _____

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  10. flyfollower

    Senor Fly,

    What is your current take on OPEN?

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  11. chuck bennett

    TSO all the way

    regards

    chuck

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  12. Spy007

    I for one think the sky is falling.

    Ya know we do have 6% more inflation to add into the system.

    Profit if you can now as the sky will fall.

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  13. The_Real_Hmmm

    I bought some MCP. Rare earths are also used in war machines btw. We need to hire some jockeys to ride around on camels in Libya to deliver critical war information to the plutocracy, just like Napoleon at Waterloo.

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  14. A Monkey with a Nice Radioactive Glow and a Buttload of PESI
    A Monkey with a Nice Radioactive Glow and a Buttload of PESI

    Mr Fly are you still long PESI?

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  15. Ghaddafi's Confused Monkey Smoking Crack
    Ghaddafi's Confused Monkey Smoking Crack

    “I don’t need your war machines. I don’t need your ghetto scenes. Colored lights can hyptnotize, sparkle someone else’s eyes. Now woman, get away from me…American Woman, mother let me be.”

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    • Fly Leech

      So says the Canadian band.

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      • Ghaddafi's Confused Monkey Smoking Crack
        Ghaddafi's Confused Monkey Smoking Crack

        Guess Who? Very good.

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        • heaterman

          A fine group of young Canadian lads they were back in the day. Actually been listening to some of their tunes as of late. Pain Train, New Mother Nature, Laughing and a bluesy # called So Long Bannatyne are good tunes. Actual chords were played, real harmony in the singing, far different than the overmixed drivel called music now.

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  16. Juiceyfruit

    http://www.mysanantonio.com/news/local_news/article/Burrito-price-leads-to-shooting-standoff-1226571.php

    shooting over increase in burrito price

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  17. Ghaddafi's Confused Monkey Smoking Crack
    Ghaddafi's Confused Monkey Smoking Crack

    This year we have four unusual dates: 1/1/11, 1/11/11, 11/1/11, 11/11/11 and that’s not all.

    Take the last two digits of the year in which you were born, now add the age you will be this year and the result will be 111 for everyone! This is the year of Money!!! This year October will have 5 Sundays, 5 Mondays and 5 Saturdays.

    This happens only every 823 years. These particular years are known as ‘Moneybags.’

    We are all going to be rich, indeud!

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    • Cascadian

      Maybe 121?

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    • Cascadian

      Well, you have to be born before the year 2000, or the ans. will be 11.

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      • Ghaddafi's Confused Monkey Smoking Crack
        Ghaddafi's Confused Monkey Smoking Crack

        You are wrong. You don’t have to be born before 2000.

        If you were born in 2006……06 + 5 = 11.

        Are you sure you should be trading? Lol.

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  18. JakeGint

    Breaking!

    Rare, intraday Jake post!

    Box Wine Find.

    ______

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  19. riggedgame

    I gotta fess up. I am the turkey who discussed the possibility of a 3600 point down-day today,
    a la the Oct 19 scenario in the “Crash of 1987”.

    I was too stupid to envision continuing fires and explosions at Japanese nuke power plants;
    radiation getting into food supplies, Japanese damage estimated at $235 billion; the USA
    entering into a THIRD Endless War in an Islamic country, and ATT paying $38 billion for
    a no-asset third rate cell phone company with a lousy clientele.

    GAD was I dumb not to forsee all of this, and load up on S&P futures at the Friday close.

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    • go2mars

      Will debts be allowed to deleverage or will it all be inflated away? That is the question you are pointing to. Inflation is the unseen monster inside the cage of downward price manipulation. Someday he’ll be strong enough to break out of that cage. Like this: http://www.youtube.com/watch?v=Au7UYaqpJw8

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    • Ghaddafi's Confused Monkey Smoking Crack
      Ghaddafi's Confused Monkey Smoking Crack

      3600 pts is a bit much, you have to admit.

      You must be an ideologue.

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  20. Frog with Head Made from Cement
    Frog with Head Made from Cement

    Yeah, let this be a lesson to you! Such bullish events occur with regualarity in the POMO market. And you forgot this other piece of good news here:

    “Sales of previously owned U.S. homes fell sharply in February, after several months of increases, according to a report released Monday.”

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  21. Woodshedder

    Which blogger was fully bullish last week, blogged about it, and was trashed by his brethren?

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    • Ghaddafi's Confused Monkey Smoking Crack
      Ghaddafi's Confused Monkey Smoking Crack

      I was bullish, but too high on crack to give a damn. Col. Ghaddafi was also in a bad mood and messed with my mojo.

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    • Po Pimp

      Scott B?

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  22. alaw35

    TER is looking good so far today. Nice call so far…………… how far can you see it running Flyman? Thx.

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