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
23,443 Blog Posts

GREETINGS FROM CASH

I’m very happy for all of you, greedily making money in an already overbought tape. There is something singularly wonderful about gluttony, especially when done with brazen abandon. You fuckers have chocolate ganache all over your faces, swimming in shark infested waters, with chum attached to your dicks.

I spent the day looking for homes, preferably adjacent to golf courses. Lucky for me, Mrs. Fly has already taken the liberties to plot out early construction on a home I haven’t even purchased yet, with $100k in flooring renovations schemed between her and an egregious supplier.

I am a very fortunate man, indeud.

My only position, CPST, bled out a bit today, as expected. Let the weak hands capitulate and sell. I will accumulate more when the selling subsides. Look at GMXR. Just two weeks ago that stock was headed to $00.00; now it’s going to the moon.

GMCR pressed higher today, again responding nicely to The PPT‘s OVERSOLD signal, registered on Friday. There are so many stocks tempting me to buy them; but I resist, like a reformed crack addict inside of a crack house, reading a bible and scowling at the others sucking dicks made from glass.

http://www.youtube.com/watch?v=V5Wzk-Xy0J4&feature=g-vrec&context=G28cdaa7RVAAAAAAAAAQ

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25 comments

  1. clegger_2000

    Simon says;

    http://www.youtube.com/watch?v=jCDSZr2zzws

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  2. mhass33

    Everybody’s gotta trade their own strategy. Being long worked for me today, and kept my risk minimal

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  3. Jakegint

    I spent the day looking for homes, preferably adjacent to golf courses.

    Mmmmmm… herbacides!

    Above Mason Dixon?

    _________

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  4. T-Bird

    Fly, is the Raleigh/Cary area still in the mix?

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  5. alijhi

    come on down to Lee County Florida ! The foreclosure capital of the USA… We’ve got waterfront land for CHEAP CHEAP CHEAP !!!

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  6. Bullish

    Golf course? I’ve never heard you mention golfing.

    Wouldn’t you be better suited to live adjacent to a NASA research center or something to do with space rockets?

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  7. Tj

    why dont you short AAPL like Scott?

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  8. The_Real_Hmmm

    LOL. I see your Rube Goldberg and raise you a RUBE’S FABU COUNTRY COR. He is THE Nebraska Swede after all.

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  9. TeahouseOnTheTracks

    OEW Daily Recap: Warning, Is the top in for this leg up?

    “After friday’s pullback to SPX 1337, and retest that afternoon, Minute wave iv looked complete. Today, the market gapped up helping to confirm that scenario, and hit just one point below the SPX 1354 uptrend high. After a small pullback the market then rallied to SPX 1353 again, without breaking through. This action is a slight deviation from the other Minute 5th waves during the rising Minor waves of this uptrend.”

    “Until this market makes a higher high, we will have to consider a potential failed Minute wave v occurred today. If this is the situation, the uptrend may have just ended.”

    “Should the SPX hit 1354, it is again possible for it to continue to rise into the 1361/1365 area noted over the weekend. Tomorrow could be quite an important day. Previous Minute wave v’s have only lasted a day or two. After three months of uptrending this market has just entered an important juncture.”

    “Short term support remains at SPX 1333, 1321 and then the 1313 pivot. Overhead resistance is at the 1363, 1372 and 1386 pivots. Short term momentum is overbought, and the short term OEW charts remain positive as long as SPX 1340 holds.”

    Must break 1354 or hold 1340 until it is broken or the top is in ….

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  10. THEosu

    Damn , I’d like to get in ,but I just can’t pull the trigger . You’ve got my attention ,
    however , another week of this strength and I’ve got to be a buyer……..of what ??

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  11. FrankWhite

    The lack of volume just means that all the (dumb) money on the sidelines is waiting to rush in all at once.
    Buy a home quick, before they triple and triple again.

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  12. Too Late

    To get into GMCR?

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  13. Jg

    chum, dicks hahahhahaha

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  14. JakeGint

    For the love of green money, all the Fly’s cash buying is driving up the price of lettuce.

    Luckily, it’s got nowhere to go. Maybe a day… maybe two. That’s it.

    ________

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  15. Cindy Bindy

    YEAH GREAT greetings from 270% long with trailing stops

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  16. TraderCaddy

    A house on a golf course? Good one.
    Fly- if you practice real hard I figure you could try and qualify for the Senior Tour in about 20 years and if I am not hooked up to an iv or various tubes in the nursing home (or dead) I would be happy to caddy for you.
    If you need some balls (golf and slightly used) let me know. I have about 1500 or so (my son got free balls from Bridgestone and Titleist).
    At one time I probably had about 4,000 balls bit I donated a bunch to the troops in Iraq for their makeshift driving ranges.

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    • drummerboy

      tc, you and my neighbor would get along great. he designs and maintains. was inducted into pga hall of fame a few years back. the fourth, ever to get the award.

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