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
23,428 Blog Posts

Still Banking Coin

I was up more than 1% today despite having 75%+ of my assets in cash, thanks to “coke addled gorillas with erect penises” runs in both CPST and SODA (my only positions). This is the sort of shit that cannot be told, it must be experienced.

As I encroach on +20% YTD returns, clouds of dark smoke and bustling metal cloud the horizon. Greek statues of gay men with hairy testicles stand in the way of the Wall St bull. In many respects, it is a battle for the ages. The fate of a generation, or two, is about to be decided.

I sold out half of my SODA position because it was gigantic and felt like my crystal ball was unclouded, brilliance on a level understood only by the telekinetic. I am making up for last year’s paltry returns through excess. Clientele deserve the very best and I am exactly that.

Good day to you.

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20 comments

  1. FIG

    The Fly wins again!

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  2. moolahheaven

    “Greek statues of gay men with hairy testicles stand in the way of the Wall St bull” I mean… DAMN, does ANYONE write better than this? All hail the ‘Fly’!

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  3. DJMarcus

    love the pic on home page.

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  4. Yippity Yap

    Very impressive Fly! And don’t worry I say. You’ll never lose…

    http://www.youtube.com/watch?v=TH_fFzU2E08

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  5. OG

    Drive was pretty awesome.

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  6. Mike

    Fly,
    Considering how overbought we currently are, would starting a position in TZA be a good idea for the short term?

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  7. Jakegint

    Sure glad you took up stock picking instead of a sports book.

    __________

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  8. Marc David

    Do PPT members get to “demand” things or does that still fall under the feedback and suggestions category?

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  9. TeahouseOnTheTracks

    OEW Daily Recap:

    “Today’s pullback did reset short term momentum to neutral, and the market can now resume this rising wave. Short term support is at SPX 1333, 1321 and then the 1313 pivot. Overhead resistance remains at 1345/47, and then the 1363 and 1372 pivots.”

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  10. Don Rickles

    The market today showed us that this bull run is not over yet.

    Buying into weakness will continue, until maybe three or four more serious down days, and even then it will need to be on acclerated selling volume.

    I know that the odds say we go up in an election year, but we can already drop quite a bit from here, and still be “up” for the year.

    I am drooling over some short setups, this is where discipline is key to banking coin to the downside.

    All you folks who are making dumb money right now, be prepared.

    I do not mean to be pesimistic.

    We are not in a real recovery in this country (the unemployment data is crap)

    Those TZA positions will be your saving grace in the coming months.

    Like ususal, it is all smoke and mirrors.

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  11. Whaler31

    PCLN is going to $550 before earnings, then a $100 drop.

    Getting rid of their business model (name your own price)

    Ditching WIlliam Shatner?

    From Pricelines OWN annual rteport

    “In our independent brand studies, consumers are able to correctly attribute our commercials (with william shatner) to the Priceline brand 85-90% of the time. This is more than double the industry attribution standard.
    -Priceline”

    WTF?

    Short this pig just prior to earnings.

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  12. anonny

    PCLN will be very lucky if their brand association is at half what it is now…….should’ve eased him out with development of a new image.

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