iBankCoin

In Ben We Trust

You didn’t need to analyze charts or fair value analysis to capture today’s gains. All you needed was a little faith in Ben Bernanke and his printing press ways. It is in the best interest of the ruling class to see the markets higher. Look, most you bible thumpers visit churches and eat stale bread because you believe it is the body of God’s son. How absurd. If you could believe that, why not believe The Clam has special powers to control the market, like a marionette?

On the eyes of Colonel Gadaffi’s first son, I reckon this here market is going a lot higher. We are climbing the great wall of worry and pissing on the climbers down below.

I stepped out of most of my MWW position, due to the “dumbness” of the volatility in that name. I didn’t help my beta problem with my SHLD buy; but I’m an addict, so melt away into a sewer drain.

Based upon last night’s earnings, tech is a buy again. You have to acknowledge the INTC numbers as something more than a one off event. Over the past few weeks, semis have sold off hard. I like FORM here, for the win.

In summary, keep your stock picking game on a high level, sticking with us here, and have a little faith in The Bearded Clam—or you will descend into the fiery pits of hell when you die.

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27 comments

  1. God

    Mea Culpa, Mea Culpa

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  2. Growly

    Have faith in Ben’s WNR

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  3. walktothecabin

    Fly,

    Don’t get old become an old goat f$%cker. Hold onto your youth! And don’t forget to hyphenate your compound adjectives

    The Dude

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  4. Quint

    Just bought a spare refrigerator from Sears…delivered on time, on schedule, follow up call and great price.

    Just helping the cause.

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    • Fly Leech

      The new “leading cause” of global warming.

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      • Quint

        Now Charles Manson is even rambling about global warming…at least he is more believable than Al Gore.

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      • derrrr

        I know a guy who farts a lot. I believe him to be the leading cause of global warming. He eats a steak every day though, so at least he’s doing his part to kill cows that create ethonol, so it’s a wash…

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  5. A Standard Rich Monkey who used to be Poor
    A Standard Rich Monkey who used to be Poor

    Ben Bernanke for Emperor!

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  6. Mick

    wnr shorts you may want to cover one of these days…

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  7. Ben Bernanke

    It warms my heart to see your faith in my special powers. Those who doubt me will become Dykstra like in their existence. I am the Ben… the Clam.. and the wholly Fed

    Fly…..Blessing be upon thee and your followers

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  8. discoordinated

    I am long WNR, AAPL (almost all sold though), CCJ and GG

    I want to short CRM but think it’s going higher so I can’t because of the burnaink

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  9. Trading Nymph

    lol…..I still have faith in the US Dollar and the USA. No POMO tomorrow.

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  10. TeahouseOnTheTracks
    TeahouseOnTheTracks

    Added MX … S Korean chip maker with copper wire bonding

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  11. Nicolas Cage

    No need to watch today’s tape – it is obviously going sideways into the close from here. The last 3 moves that I made were mistakes so I will not make any moves today.

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  12. Mick

    DGW halted…. seriously who would buy any chinese bullshit stocks

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    • TeahouseOnTheTracks
      TeahouseOnTheTracks

      what happened with OCZ today … another short sooth sayer or what?

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  13. TeahouseOnTheTracks
    TeahouseOnTheTracks

    Sites set on VOG for spec Bakken play … Anyone else own it or like it here?

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  14. No One

    This is the annual 4-20 rally. Everyone must get stoned.

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  15. derrrr

    Since they’ve seized the assets of poker sites, when do we hear the news about them doing the same with scottrade,etrade,ameritrade,etc? afterall, is online poker all that different than online trading?
    poker you pay a fee with every pot you play but other than that you play against the players. Trading you pay a fee with every trade you place, but other than that you play the other traders. Trading can still be done offline, poker can as well. Poker you bet on specific cards at given conditions (preflop, flop, turn, river) based on information you have and stocks you do the same only with stocks of companies instead of cards at given quarters of earnings. Even the bluechips occasionally go bust, as do pocket aces.

    How is anyone that is in trouble for “online gambling” any different than anyone who is placing a wager or bet on a stock online? As long as the government’s seizing poker sites, they might as well seize and illegalize online trading too. As long as they’re doing that, they might as well illegalize anyone placing an auction online in hopes of making a profit, so ebay and amazonm should be seized too. In fact, every business tries to make a profit that is involved in the internet should be illegal, actually, why not every business, AND the internet too!

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    • derrrr

      “The business known as gambling has often been frowned upon by the gambling known as business”

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  16. uncle har

    the ruling class goes to church to pray for their own ass…world’s too scary eh?

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  17. James

    For God so loved the world that he gave his one and only Son, that whoever believes in him shall not perish but have eternal life. John 3:16

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    • uncle har

      thanks jake, but we are but a freak of nature. i agree with church as a club.

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