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
23,448 Blog Posts

Reversal or Bounce?

I didn’t blog today because I was busy all day holding the hands of cowards.

The market did exactly what I wanted it to do today, small melt up, nothing too pretentious. This sets up for the next phase of “OPERATION ROAST SHORTS” sublimely, where they step into the fold, thinking the coast is clear, only to get run over by a speeding tractor trailer (no roadrunner). All of my positions, save TDC and YELP, were higher today. But because YELP is so heavily weighted, I had an average day. The initiations are out of the way and YELP is free to trade wherever the caprices of overzealous speculators permits.

TDC is just a side effect of the carnage that has been transpiring inside of the commodity sector: pure horror on a biblical scale. I believe these companies are setting up nicely for new investment, as the weak hands flush out, firmer value oriented hands will grab and swallow these companies whole.

In the small scheme of things, today was shit. It’s just one drop of absurdity in an ocean of fuckery. I look forward to the slow boiling of shorts tomorrow, same Fly place, same Fly channel.

http://www.youtube.com/watch?v=5HOSuZxYRQE

If you enjoy the content at iBankCoin, please follow us on Twitter

54 comments

  1. JTU

    Small steps up…

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. CRONKITE

    Bounce, bounce, baby bounce, resume crash

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. razorsedge

    bot some tza today as a hedge, still 80%cash

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. Clegger_2000

    The butterbeer at Universal Orlando was tasty but the pumpkin juice … not so much.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. Hack

    Small caps bounced nicely end of day with volume coming in. Smart money knows it’s time to get back to work.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. Genghis Khan

    Fly- almost ALL the anal-ysts were touting FCX, how cheap it is, how wonderful the dividend is. Then CNBC comes out and says FCX (chart) looks ugly and is going to $28. What do your time travels reveal?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. razorsedge

    my bank card wasnt working, so went to get a new one. they chargded me 5.00 . ok so for the privledge of using my money, collecting fees on my purchases, they get to charge me for the convience. im thinking of going back to all cash.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • taqiyya

      So, change issuers. Bank of America is nice, they’ll fuck you six ways to Sunday, their ATMs constantly break down, their checking statements have errors, their branch personnel are Walmart rejects BUT, they are nice. Right.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
    • riggedgame

      I tried to DEPOSIT a $4200 check today with NO CASH BACK. Fuckin’ Fifth Third wouldn’t take it. And it was NOT a personal check – it was from a government entity.

      I told them their bank SUCKED.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • horsetradin

        Tied with BAC for shittiest bank in the world. Try PNC or even Chase for a major bank approaching some semblance of humanity.

        • 0
        • 0
        • 0 Deem this to be "Fake News"
      • 401ker

        I had fifth third for a mortgage, but switched during a refinance because I couldn’t do electronic payments and hate stamps

        • 0
        • 0
        • 0 Deem this to be "Fake News"
    • heaterman

      Find a smaller local or regional bank or maybe a credit union and switch all your biz there. You’ll never be sorry. I appreciate being called by name when the tellers see me come in. The big banks will be the first to go when Armageddon hits.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  8. William The Conqueror
    William The Conqueror

    Today was an inside day so I guarantee that we either bounce, reverse or consolidate tomorrow. You can thank me later.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • razorsedge

      i think this is more of the gobment help,the bill to protect us, so they can screw us in other forms.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  9. Mark

    “It’s just one drop of absurdity in an ocean of fuckery”

    You Sir, are a poet.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. drummerboy

    bounce

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  11. Sir J.Wadds

    Continuation of the incredible bull run that started past Oct and will hit new highs in short order.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  12. fake amish

    a crackhead, two cheeseburgers, and the dealer. the new normal.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  13. Norma Creviston

    I want looking at and I think this website got some genuinely useful stuff on it! .

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  14. Werner Sada

    Keep up the wonderful piece of work, I read few blog posts on this internet site and I conceive that your website is real interesting and has got sets of superb information.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  15. China Zarzycki

    I’ve stated that least 3177304 periods. The problem this that way is they’re just way too compilcated to the average hen, if you know what I imply

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  16. google pozycjonowanie stron

    I was more than happy to find this internet-site.I needed to thanks for your time for this glorious learn!! I undoubtedly having fun with every little bit of it and I’ve you bookmarked to check out new stuff you blog post.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  17. backup danych

    I’ve read not 1 write-up on your blog. You’re a huge lad

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  18. vinyl flooring bathroom

    pretty valuable material, overall I believe this is well worth a bookmark, thanks

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  19. Jewell Tyminski

    Games are entertertaining particularly if there are for example ones you stated previously. I actually hope additional games just like them might be created.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  20. Davina Degrenier

    I was just looking for this info for a while. After six hours of continuous Googleing, at last I got it in your website. I wonder what’s the lack of Google strategy that don’t rank this type of informative web sites in top of the list. Usually the top sites are full of garbage.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  21. Selma Jurczyk

    Amazing guide, I failed to know as up to 10% with the just already been spelled out. Plus thats amazing dialect, obviously any good particular person at all like me have an understanding of all the things. Great job.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  22. Marion Pyanowski

    That i well acknowledge any mindset. Research your internet site. After all blog page, website a lot of other sorts of garbage i just read right away i found a specific thing very much major in addition to good. Amazing, er or him astounded.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  23. Brian Miazga

    Remarkable YouTube video tutorials posted at this web site, I am going to subscribe for regularly updates, as I don’t wish for to miss this series.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  24. Margorie Battaglino

    Hi there this is somewhat of off topic but I was wondering if blogs use WYSIWYG editors or if you have to manually code with HTML. I’m starting a blog soon but have no coding skills so I wanted to get guidance from someone with experience. Any help would be greatly appreciated!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  25. world clock map

    That Reversal or Bounce? – Stock Picks and Discussion at iBankCoin | The Fly must to be great!!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  26. click here

    Howdy I am so thrilled I found your site, I really found you by mistake, while I was looking on Bing for something else, Nonetheless I am here now and would just like to say thank you for a remarkable post and a all round exciting blog (I also love the theme/design), I don’t have time to look over it all at the minute but I have bookmarked it and also added in your RSS feeds, so when I have time I will be back to read a lot more, Please do keep up the awesome work.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  27. dentist fort collins

    Hey there! Someone in my Facebook group shared this website with us so I came to look it over. I’m definitely enjoying the information. I’m bookmarking and will be tweeting this to my followers! Terrific blog and great design.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  28. Reyna Adeyemo

    bookmarked!!, I really like your website!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  29. great website

    Everything is very open with a very clear explanation of the challenges. It was truly informative. Your site is very useful. Many thanks for sharing!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  30. Abnehmen mit Genuss

    I found your blog site on google and examine just a few of your early posts. Proceed to maintain up the superb operate. I just extra up your RSS feed to my MSN News Reader. In search of forward to studying extra from you later on!…

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  31. learn more here

    Hi there! I know this is kind of off topic but I was wondering which blog platform are you using for this site? I’m getting fed up of WordPress because I’ve had issues with hackers and I’m looking at alternatives for another platform. I would be awesome if you could point me in the direction of a good platform.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  32. professional consulting services

    Throughout this grand scheme of things you’ll receive a B+ for hard work. Exactly where you confused everybody ended up being on the particulars. As they say, the devil is in the details… And it could not be much more true right here. Having said that, let me tell you exactly what did deliver the results. Your article (parts of it) is certainly rather powerful and that is probably the reason why I am taking the effort in order to comment. I do not really make it a regular habit of doing that. 2nd, despite the fact that I can see a leaps in reason you make, I am not really convinced of just how you seem to connect your points which in turn produce your final result. For right now I will, no doubt subscribe to your issue however trust in the near future you actually link your dots better.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  33. Myrtle Boches

    I do trust all of the ideas you have presented for your post. They are very convincing and can definitely work. Nonetheless, the posts are too brief for beginners. Could you please lengthen them a little from next time? Thanks for the post.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  34. free no deposit bingo and slots

    I got what you mean , appreciate it for posting .Woh I am glad to find this website through google. “Spare no expense to make everything as economical as possible.” by Samuel Goldwyn.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  35. Sharl

    I would like to show my thanks to this writer for rescuing me from this particular scenario. Right after checking through the internet and finding principles which are not helpful, I was thinking my life was done. Living without the strategies to the difficulties you’ve fixed by means of your entire guide is a serious case, as well as the kind that might have in a negative way damaged my career if I had not come across the blog. Your own mastery and kindness in touching a lot of stuff was helpful. I’m not sure what I would’ve done if I had not come upon such a solution like this. I can at this time relish my future. Thanks a lot very much for this professional and result oriented help. I won’t think twice to endorse your web blog to anybody who would need tips on this subject matter.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  36. Evalyn Oatman

    Hello! I could have sworn I’ve been to this website before but after browsing through some of the post I realized it is new to me. Nonetheless, I’m definitely happy I identified it and I’ll be book-marking and checking back regularly!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  37. paper towel stand

    I am truly happy to read this blog posts which consists of lots of helpful information, thanks for providing these kinds of information.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  38. Casey Schwabe

    Wow, fantastic blog layout! How long have you been blogging for? you make blogging look easy. The overall look of your site is fantastic, let alone the content!. Thanks For Your article about Reversal or Bounce? | Stock Picks and Discussion at iBankCoin | The Fly .

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  39. Willy Kocik

    I like what you guys are up too. Such intelligent work and reporting! Carry on the superb works guys I’ve incorporated you guys to my blogroll. I think it will improve the value of my web site :).

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  40. Steven Gillmore

    Wow, incredible blog layout! How long have you been blogging for? you made blogging look easy. The overall look of your website is fantastic, as well as the content!. Thanks For Your article about Reversal or Bounce? | Stock Picks and Discussion at iBankCoin | The Fly .

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  41. Quentin Suchan

    Wow, wonderful blog layout! How long have you been blogging for? you make blogging look easy. The overall look of your site is excellent, as well as the content!. Thanks For Your article about Reversal or Bounce? | Stock Picks and Discussion at iBankCoin | The Fly .

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  42. Cinderella Schott

    Wow, incredible blog layout! How long have you been blogging for? you make blogging look easy. The overall look of your website is fantastic, let alone the content!. Thanks For Your article about Reversal or Bounce? | Stock Picks and Discussion at iBankCoin | The Fly .

    • 0
    • 0
    • 0 Deem this to be "Fake News"