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
23,435 Blog Posts

Dealing with a Common Denominator

Let’s keep it simple and call a spade a spade. There are numerous variables that create volatility in this market. We can talk about Portugal, Greece, Japan or our munis. But, at the end of the day, there is one common denominator that brings us back to the straight line: LINES OF COCAINE OFF RED HOT TOMAHAWK MISSILES.

Ben Bernanke smokes philly blunts at night, decrying how he will “get those bitches tomorrow,” meaning bearshitters wrapped in burlap. Everyone “feels” the market is going to crap out based upon some historical comparison, yet here we are defying gravity. I am not unique in the belief that there are people inside of the Federal Reserve who actually do lines of blow off freshly minted currency. Additionally, I am not the only person who thinks this is all a joke that will one day be revealed as some sort of science experiment on humans, created by our alien overlords.

Nevertheless, I am having a difficult time grasping with the concept of perpetual meltups as well, considering the multitude of reasons to sell. Having said that, I find that keeping a cash position over 20% calms my nerves and allows me to nap during the day and/or play ping pong with rented Chinese friends.

In short, no one really knows why the common denominator is stock market on dynamite sticks, but it is. So, until proven egregiously wrong, you might as well buy any and all dips as if your ugly faces were on fire.

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30 comments

  1. CRONKITE

    funny shit man…QE18

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  2. Caffeinated

    Not laughing at all, since I believe The Fly has an inside track on info regarding alien overlords.

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    • Blind Read Ant

      A comedy to some, entertainment to others, “a use for currency at Fed and alien overlords” [NOT sic] is a 2011 epistle to even the fewest.

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  3. go2mars

    QE3 to the rescue!

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  4. JTU

    WNR LOSING!!!

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  5. moolaheaven

    “I find that keeping a cash position over 20% calms my nerves and allows me to nap during the day and/or play ping pong with rented Chinese friends” – F.R.E.A.M. (Fly rules everyone around me!) Brilliant!!!

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    • Jakegint

      Even the price of Chinese friend rentals is going through the roof these days…

      Hence the real common denominator (eye-darts & whispers) — INFLATION.

      _______

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  6. ecchymosis

    Put this post in “The Best of The Fly” compendium

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  7. Baron de Rothschild
    Baron de Rothschild

    With interest rates at zero and the RE market continually heading south, where else, other than into physical PMs, can someone stick money in hopes of gaining some kind of return? Consequently, it’s risk on = perpetual meltups.

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  8. Bullish

    Is it that unknown? Ben Bernanke, the guy smoking philly blunts said 9 months ago that a “Wealth Effect” would save the world economy. As it was spoken, so it is.

    Maybe Ben is the alien overlord.

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  9. Dr Genius

    I follow General Fly and bought some SYNA this morning.

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  10. ogma107

    Just reloaded on WNR on the dip here.

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  11. A Monkey in a Yoda Suit
    A Monkey in a Yoda Suit

    The market confused is. How feel you about this? Hmmm?

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  12. Geoduck

    Most $100 bills have traces of cocaine on them. Even the newly minted, apparently.

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  13. TMoe

    buying more WNR here fo sho

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  14. Bullish

    Anyone else finding the earthquake activity a bit scary? Maybe the aliens are going to emerge from the cracks in the Earth. They have been patiently waiting underground all these years.

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  15. checklist

    Why is it so much easier to nap when the market is open? Weird

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  16. xxxHuggieBearxxx
    xxxHuggieBearxxx

    honestly it is so easy to make money these days it orta be illegal

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  17. Baron de Rothschild
    Baron de Rothschild

    KOG could be an interesting play.

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  18. bduz

    Dude Fly Bra,

    Your lines are so hot the ben bernank may be dropping tomahawks on your lexicon in no time.

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  19. Alien Overlord

    ^*^*^%$^&^^>>^
    Translation- Fly is on to something here. We better watch him.

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  20. Predator

    All your base are belong to us

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  21. Trading Nymph

    Makes no sense at all…stupid market.

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