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
23,460 Blog Posts

I BRING YOU GAMES!

Today is the final day for the annual iBC March Madness Contest. It can go anyone’s way, with Zephler being the favorite. The winner will be well deserving of the small $1,000 prize (what other finance blogger gives away money?). Be sure to root and cheer, clamor for the death of the person who displeases you, all in the spirit of the games.

“Maybe your face is too small.”

On the way to dropping my kids off at school this morning, Mrs. Fly had a mini-crisis with her $400 sunglasses falling off her face. She’s been meaning to get them fixed at the mall; but we’ve been so busy looking for new homes, she hasn’t had the time. Because I was annoyed by the manufactured crisis, I offered her my condolences with the above quote. My suggestion to you men out there dealing with similar scenarios: avoid any reference to a woman’s face. It is not a topic that should be broached, even in jest.

Well, futures are lower again, due to the reemergence of the European debt crisis. Oh how I missed the EU crisis, like poison ivy in my fucking tree house. Portuguese yields are blowing out, as well as Spain’s. But my question to you is this, very simply: are you man enough to sell short ahead of tomorrow’s employment data? The market is closed tomorrow; so if you short here, you will have to deal with the singular nature of a bull market, fully rested, coming off of a Obama manipulated jobs report.

The risk-reward of that trade doesn’t work for me.

What does work for me are the retailers. Same store sales are coming in much better than anticipated. At the top of my list is JWN, with TIF a close second. And, for the spring auction season, I am long BID.

Bottom line: things aren’t as bad as they seem, nor as good. The imperious demeanor of the bears would have aliens from other planets, who were totally ignorant to our world, believe the Earth was on the verge of explosion–with their childish banter. But the market has proven over and over again that it is, indeud, the honey badger. Betting against the honey badger is like wagering the cobra can swallow the badger in its sleep. No fucking way that will ever happen.

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35 comments

  1. leftcoasttrader
    leftcoasttrader

    honey badger don’t give a shit

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  2. ppearlman

    “maybe your face is too small”

    hilarious.

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  3. muktukchuck

    Did Mrs. Fly inflict any disfiguring wounds?

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  4. taqiyya

    Be no less aware of honey badger’s companion in pure lust, ‘honey beaver’. She will eat you alive, literally and figuratively, and you will not enjoy it.

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  5. Bullish

    Don’t forget you had mentioned steak knives for the runner up.

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  6. bigpun2012

    Long YRCW? and cocaine. I give no fucks

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    • Po Pimp

      That piece of shit is still in business? I thought they declared bankruptcy about 10 times in the last three years.

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    • JTU

      DECK up 4.43% @$64.77.

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      • JTU

        I doubled down on my DECK position today. There is a lot of upside with a target price of $100.00!
        Fuck Sterne Agee!

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  7. Blind Read Ant

    NFP’s up!

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  8. Dog

    Do not say anything about a woman’s body unless you are 100% sure it will be taken as a compliment. Problem is they keep you guessing at what is the right thing to say so sometimes it is better to say nothing at all. If you say nothing then they will complain that they must not look good. It’s a no win situation. Sometimes I wonder who the sane one is in the relationship:-)

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  9. Anton

    Bergamot & circus.

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  10. Bobby Boucher

    Posted this as a comment to a Cronk article. Re-posted here for your info (or amusement as it may be);

    Looking at the $RUT monthly coppock curve, it should move from its current position above the zero line to below the zero line in June. The last time it did so was in February 2008. Not very many go-short signals (ie, moves from above zero to below zero) for the $RUT since the coppock curve is a slow mover but here are the other go-short signals;
    April 2001,
    November 1998,
    August 1990

    The 2 most recent signals were big money winners if one followed the signal and went short while the two oldest were not. While I don’t use the coppock curve in isolation it’s another indicator that, added to other indicators I follow, is offering a weight of the evidence assessment that the next big down move is imminent.

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  11. The Dozer

    Yea….what did The Dozer say about DECK last week when he got shunned by you clowns??

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  12. zephler1

    thanks for running this game fly…been following you since your “Broker A and Broker B” dayzzz….

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  13. SUBCOMANDANTE CHINCHINILLA!!!
    SUBCOMANDANTE CHINCHINILLA!!!

    Did you also try to back pedal from the face comment with something starting with “Hey pal….”?

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  14. the line

    the line between funny & not funny can be very thin
    http://www.youtube.com/watch?v=EElxuL3AFC4

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  15. Fly's Investment Strategy
    Fly's Investment Strategy

    I only invest in billion dollar companies that don’t make any money, like YELP. Remember when I was telling you to buy OPEN at $100 and you listened, same thing just buy YELP they will make money some day.

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    • OG

      You must have missed the run up huh?

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      • Fly's Investment Strategy
        Fly's Investment Strategy

        The Fly never misses a run up, I only buy stocks that go up and I never lose.

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        • Fly's Investment Strategy
          Fly's Investment Strategy

          The Fly knows how to turn 50% gainers into losers and knows how to time sells right before breakouts – see FTK, FOSL and LULU. Winning all the time !

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  16. OG

    YELPing my way into the weekend. Ugh….

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