I warned you dicksuckers this would happen. I gave you access to my time machine (The PPT) and told you QID was woefully overbought, as well as FAZ and other inverse retardo ETF’s. Instead of heeding my dire warnings of imminent melt ups, you bet against the guy in the space rocket. NEVER bet against the guy in the space rocket, for he is much smarter than you and can vaporize your brokerage accounts.
Most of you are very small, with regards to life in general. You come to iBC and attempt to teach “The Fly” how the world works. This is how it works pal:
I got my fucking robe and cape on, heavily sandaled, long a shit load of equities: TRIUMPHANT. I made back 4.7% today buoyed by gains in AG.
Towards the end of trading, I cut loose another loser: ATPG, booking an 11% loss. With the proceeds, I doubled my CLF position. All in all, I took today’s strength to reshuffle or optimize my portfolios to take advantage of the current tape. If I wasn’t feeling a stock today, I cut it loose, as was the case with OXY, CLR and ATPG.
Over in my personal, I booked gains in TNA and EXK and loaded up on VIT, HOGS, SOHU and TZOO.
Finally, should the Greeks drop the ball here, all of my gains, AND MORE, will be gone tomorrow. Knowing this, I upped my cash position to 10%. Nevertheless, I am long into uncertainty, yet again.
[youtube:http://www.youtube.com/watch?v=S6WpvBHdk1c 616 500] If you enjoy the content at iBankCoin, please follow us on Twitter
Nice going, Senor Scooter le Fly! 😛
We give it all back and then some tomorrow.
Really enjoy the writing style, not sure what’s better the advice or the writing.
thanks
The tape doesn’t lie. It is the truth. The truth is the tape. Ergo, pay heed to Fly.
In the battle between hard work and sloth, I always go with sloth. Ergo, tonight the Greeks–Greekmen, in Fly-speak, probably go with default as none of the unions want to give up retirement at 55 and all the other attractions of the communist lifestyle.
Congrats … but until you are up on the year the word TRIUMPHANT should be excluded from all posts.
I forgot to mention I’ve been to the future and I end up doing just fine. I wish I could say the same about you.
The above two posts are as good as it gets on this blog
Fresh and hot the Greek-marble news press. Ouzo for all. Olives slightly candied in sugars and salts. Sailing: ahi, lobsters and Aphrodite maiden-sirens in distress. $EUR shall strengthen as Greeks will keep President who will kick the ouzo can down the road. Apollo had Hermes deliver this message to me.
Remember to download IBC App
http://itunes.apple.com/us/app/official-ibankcoin/id444139738?mt=8&ls=1
Fly, I just downloaded the app. While it looks good I thought you’d like your IT Bots to know it’s already crashed a few times on me within the first few times of launching it (via iPhone). I’ve also tried to post to Jake’s blog a few times and nothing appears (posting this the old fashioned way on an iPad). Kinks are bound to happen in the early going so just thought your guys should know.
Thanks. They know
Will Smith and greatest hits just do not go together … how about will smith the less shitty songs
He musically peaked in 1989. From that point forward, his ears grew substantially , as his talent waned.
http://www.ncbi.nlm.nih.gov/pubmed/18653105
waiting for greek vote, eating shrimp, so im waiting with baited breath,,,,,,,,,,,,,,,,,
Confindence Vote passes
SELL THE NEWS
i had a paper route when i was a kid, i sold the news then,, i still do now.lol
BUY THE NEWS.
OEW Daily Recap: http://caldaro.wordpress.com/2011/06/21/tuesday-update-289/
“The short term wave count also suggests a potential downtrend low at SPX 1258 with the end of Minute wave five. The tide may have turned.”
“The next objective for this market is to clear the OEW 1291 pivot range. Ever since the market broke below SPX 1300 in early June, every decent rally has failed within the 1291 pivot’s range. Clearing this pivot (1284-1298) would be another positive. The market did hit the upper limit today before pulling back into the close. Early this morning we posted a tentative ‘green’ Major wave 2 at the SPX 1258 low when the market gapped up over 1280. Several positive technicals are now in place suggesting the downtrend has ended. The ‘buy the dip’ mentality may be back on the table, with a mental stop at the recent lows.”
Bearshitters are gonna miss one helluva rally in Major Wave III …. Ride the Clam’s liquidity wave!
Moderation?
I sold everything today. I may miss a massive rally, but I can’t imagine we go much higher until this nonsense shakes out.
Word is circulating about Greek guys rejecting opportunities for college education in the States because they don’t want to leave their brother’s behind. IS THAT THE NEWS?
SU EOG PBR ADM CVE MOS TAN all look good.
My feeling on TAN solar sector is this–
Solar won’t officially be a bubble, until you see Cnbc pumping new 2 and 3x levered solar etfs . Could see that within a year. Im guessing the etfs will have some absurd names , like BURN and SEAR.
It was undervalued at Dow 14k, and its still undervalued now–relative to oil price. I don’t think GE was far off in suggesting that solar will be cheaper than oil energy in under 5 yrs.
http://tinyurl.com/4xno266
3 year ratio chart of TAN compared to USO .
What was wrong with European countries having their own currencies before the Euro came into existence?
they sucked too, at least now they can fail in style and threat to pull the entire system down with them.
Can’t crash the global economy/all dominant currencies one independent country at a time. Much easier to form a NWO on a new currency this way, while subjugating everyone in the process through “privitizing” their national assets and changing local laws to bow to “international consensus”.
I always get a good chuckle when somebody mentions NWO and a global currency.
Then you must get down right giddy when TSA performs a cavity check on you.
I volunteer for one every time.
is your name Benjamin Dover?
How did you know!?!?!
Seriously though, if you actually beleive in the whole NWO bullshit you need your head checked. It’s virtually impossible and has been debunked to no end, yet cock knockers keep beleiving in it as they knock cocks and discuss it with eachother in truckstop bathrooms.
I imagine if the Fly were mortal he might be something like this. http://www.youtube.com/watch?v=siRWRFWLtCs&feature=related
Update into my pleb financial situation:
Parents are demanding 20K a year for 4 years to pay back college tuition. It is interest free but this timeline has stymied all chances of affording a mortgage. Light at the end of the tunnel, back in the game only 15K lighter.
Mortgages are overrated. Nice that you have parents who fronted you 80g interest free!
Consider yourself lucky to have parents with that kind of money to spare.
DAG look like they are setting up for an explosive rally soon, out of this symmetrical triangle, on a daily chart
Almost all of its component food futures are heavily consolidated here as well.
http://finviz.com/futures_charts.ashx?t=GRAINS&p=w1
This opec meeting could add some fuel to the rocket ride up.
http://english.farsnews.com/newstext.php?nn=9003300671
Iran is presiding, and they have every intention of working to cut production with their allies. Even a slight rise in oil, to 115, should break this food future consolidation into upward spike
Tabbed blogger vote
HAHHAHAHAHAHAHHA
HHAHHAHAHAHAHAHHAHAHAHA
HAHAHAHAHAHAHAHAHAAHAHAHA
wait
Dicksuckers?
HAHAHHAHAHAHAHHAHAHAHAHAHHAHAHHA
Until this market clears the 50dma, this is nothing more than a bounce, which will be followed by a lower low. I expect 1220-1240 SPX in 3-4 weeks.