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
23,471 Blog Posts

NERDS ON THE RUN

The cool kids are back in control of the gym, chasing the nerds out, donning African masks, holding javelins.

This game is meant to be played by people who understand life, those who guzzle large amounts of Bordeaux while listening to some Maybach music. The market wasn’t invented for fucktards clad in burlap, shitting all over the grounds. We’re trading higher because that’s what we’re supposed to be doing.

How many times do you need to be reminded, the power elite has embedded themselves in this whole bailout mentality. No one fails and everyone gets to roam the halls and make out in the stairwell.

Commodity stocks are shooting higher. Fuck it, everything is shooting higher, as the shorts get pressed into the vise.

We’re not done going higher.

There’s no reason to believe we’re not heading back to new highs. Hell, that’s exactly where we are going, whether you like it or not.

As for me, I am positioned in true Space Alien Magician form, long at 107% of assets, in a variety of stuff appreciating ever so rapidly in value. I had to tell my clients to “shut the fuck up” the other day, as they too fell victim to the panic onslaught by the midgets professing apocalypse on CNBC.

Anyway, I have to get going now. It was nice of you to play this game with me. But you should know better by now. “The Fly” wins all the time, especially when it appears he has finally lost.

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

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24 comments

  1. acehood

    At least you’re not long coal.

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  2. Bullish

    Hey look! It’s a Nerd Herd!

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  3. MetalLeg

    Allowing the market to fall is an admission of failure on the part of Bernanke. It cannot and will not happen!

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  4. hitter

    absolutely no constituency for retrenchment/cutbacks anywhere in world. Will there be a day of reckoning? truth is no one knows. thus play the game within reason of your personal circumstances.

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  5. MTP31

    BI POLAR MUCH

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  6. crazymoppo

    telling clients to STFU is the most satisfying thing. that is what the silly sheep are paying for presumably.

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  7. Gonzales

    Fly, would you be kind enough to post when PPT flags OB?

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  8. Trading_Nymph

    China may surprise the Kids in the Hall tonight.

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    • The Fly

      China will not disappoint. High officials have leaked the data. It will be bullish.

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    • jimmy_two_times

      Kids in the Hall – twisted Canadian comedy

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      • The Fly

        I squeeze your head.

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        • jimmy_two_times

          Nice One !

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          • Trading_Nymph

            lol, miss those guys..for China GDP, probably 8.4% vs 8.3%. I still think that run up into the Shanghai Close was not leaked data about GDP etc data but that loaning program from that leaked memo..fueled by that short squeeze in the Aussie from the beat on employment numbers. I can’t wait to see how it comes out tonight..or was it just the Pear Dream?

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  9. THEosu

    Sinister bond sales in Europe will deliver
    another colonoscopy (without anesthesia )in
    a few days . Nothing can be done about foreign trash……..just grab your ankles .

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    • THEosu

      oh yes , I almost forgot , the Bidulians are
      buying pogo sticks.

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  10. Berniecornfeld

    107% long….Well done Fly…masterful as always

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  11. Stan

    Who was it that bought TZA yesterday as a hedge against their 80% position in cash?

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