iBankCoin

Shut Up

If I read one more comment about “how gay the WNR is acting”, the comment thread will be disabled forever. It will not be disabled for a few hours, like on other pussified blogs. I will take that shit off for the rest of your natural and supernatural lives. There is real money at play here, not some bullshit 4-5 fig Zeeco account. I don’t trade for fun or to learn. I do this shit professionally, and with a great deal of honour.

Early going the market looked great; now it’s just milquetoast. Letter X is rebounding nicely, off of STLD numbers. And, MWW is up sharply, based on random mutual fund dollars landing on the green part of the wheel of fortune, at some idiot shop in Boston.

With letter X, I was going to cut my losses if it went down today, despite my beliefs that the stock is ridiculously cheap. I want to limit my downside to about 10%, if possible.

Crack spreads are sharply lower and the WTI-Brent crude spread is tightening; but refiners are showing decent strength, sans ALJ and CVI. Frankly, the correlation between spreads and share price has disconnected in recent days, so I am not surprised.

The next 2 hours of trade will be very important in order to establish a tone. Watch out for those fucking murder holes.

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22 comments

  1. ecchymosis

    Aye

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  2. Jakegint

    Dollar dropping like a 20-stone sluggard right now.

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    • Trading Nymph

      Jake, It just seems to need to test its 75 level as support. That AUD , etc risk on trade is so heavy that they grasping at everything as a reason to buy the dip in the “Global Growth” theme

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  3. Geoduck

    You seem kinda sensitive about the……

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  4. pitbull

    soo hard to find great entertainment like this !! mr.fly !!

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  5. razorsedge

    MCD news just in that evil company luring in unsuspecting todlers with happy meal toys,,law suits abound as parents scour the neighborhood to find there confused junk food driven children,,,,more later

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  6. Bullish

    Amazing that people around here complain when Fly’s stocks don’t pop 20% in less than 5 min.

    I think you should just chop off their WNR’s via old French torture devices instead of closing the comments section.

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  7. kedzilla

    I guess “Mitch” won’t be posting here anymore

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  8. Kwame Brown

    Long and strong $WNR.

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  9. Fly Leech

    I don’t know for sure but, it looks like a lot of holders of said equity are about to get an erection, with the exception of Ursidae addled with their Ospenis.

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  10. Quint

    Milquetoast – I used to really like Bloom County, I think I still have some of the comic books around.

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  11. leftcoaster

    very large call buyer in VLO May 29’s, up to 18k contracts on day most at offer

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  12. Rat Fink

    mwahahahahahaha

    what a larf

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  13. razorsedge

    i wish i were an oscar myer WNR,,,,

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  14. Jeff

    anyone else not able to access responses on the iBC iPhone app?

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  15. J. Livermore

    Frankly, I am not looking for any type of multi point move by WNR until earnings. The market will be asleep at the wheel on this one until then. But I am loaded up just in case I am wrong. The Fly has nailed this one, and I am happy to wait for the pay day.

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  16. Superpositron

    Zecco is too cheap even for me.

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