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
23,474 Blog Posts

Adhering to Certain Laws and Guidelines, Subject to Nothing and No One

Yesterday morning The PPT flagged OVERSOLD for SPY. So you know, it is a rare occurrence, with a flawless track record over the past 6 months (it was the 6 mo algo). This, alongside a variety of other factors, emboldened me to let loose some of my cash position to average down in some of my favorite names.

I adhere by certain laws, those of which that you find foreign. Where you believe government is too stupid to sustain status quo, I believe they are corrupt enough to do it. It’s all a game and the winner is the one who can play it best. Mind you, this game we partake in isn’t a one day event. It will last forever, long past when you are dead, buried under 6 feet of sediment.

I’d like to tell you that playing the game well is a result of hard work and ingenuity. Sadly, like most things in life, victories are to be had through genetic superiority or seizing an unfair advantage. Naturally, you can help cultivate your genetic talents by surrounding yourself with the right people and analytic tools. I’ve always found it to be of extreme priority to invest in myself, and more specifically, my business.

Hear me now, bold and clear, I am going to fucking win this battle; and when I do, you will regret the day you chose to bet against me– lose your house, lose your car, savaged by your wrongness–respectfully of course.

 

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20 comments

  1. Big Bird

    I have a feeling that the halls of the new house will soon echo with the pitter-patter of little Fly Jr’s running around.

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  2. COYPUS!

    Where do you stand, roughly, with YELP? +/-?

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  3. razorsedge

    whats for dinner?http://www.oddee.com/item_98226.aspx

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  4. Dre

    What’s your cost basis on AAPL?

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  5. hem

    if you weren’t talking so much shit preopen on Monday, you’d actually have a point

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    • The Fly

      Monday is nothing but a single grain of sand in a vast dessert.

      You suffer from dog-brain syndrome.

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      • hem

        no it’s not a single grain in your case. it’s the whole sand dune. you have no filter lately on your bullishness. no amount of sarcasm or bullshit classical music links will change the fact that you are bullish at both 1345 and 1290. tell us about your thoughts on why stocks shouldn’t be lent out by investment banks. that really was the tipping point in your idiocy.

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        • Great Unwashed

          The bull thesis – that policy makers will save the day with free money – has worked for 3 years. It always feel wrong, a terrible gamble, but then they do it. It feels wrong this time, too.

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  6. The Fly

    odd divergence: UUP down, TLT up.

    RUH-ROH

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  7. Juice

    Flea, your writing has taken on a new level of flair, savoir fare & devil may care.

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  8. xxxHuggieBearxxx
    xxxHuggieBearxxx

    Who shot JR?

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  9. xxxHuggieBearxxx
    xxxHuggieBearxxx

    What a fucking joke this has all become.

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  10. Berniecornfeld

    Something about “fuck you with sand” seems to encompass this market

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  11. 4fl3x

    This bond move smells fishy.

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  12. LD

    CPST earnings after close. Anyone have thoughts on holding through earnings?

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