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
23,449 Blog Posts

COCAINE GORILLA AFRICAN JUNGLE MUSIC RALLY

I’ve been SHOMPing all afternoon, while you bear-fuckers have been getting tortured. It’s a beautiful day out there. The weather is perfect and the skies are blue. With great leisure, “The Fly” has been moving around his office in the lightest of garments: white robe and sandals. The incense is burning profusely at le office del Fly, so much that it’s impossible to see the computer screen (which is the cause of my delay).

What would you gentlemen like to discuss? Perhaps we can talk about stocks and if they might trade higher? Or, maybe we can talk about The PPT‘s whimsical algorithms and how it was flagging OVERSOLD in SPY, TNA and some silver stocks, just a few days ago.

While it’s true, I am not partaking in this rally to the greatest extent, due to my 35% cash position. After all, I am merely up 2% this afternoon, pushing my year to date gains to almost 19%, just 1% off my annual highs. As you can see, I have very little reason to celebrate today.

I leave you now, as it’s time to dance to the great African Jungle music again. Talk to you bozos later.

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58 comments

  1. russian turkey

    Ah, the ‘ol CGAJM Rally

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  2. Yogi and Boo Boo
    Yogi and Boo Boo

    Fly chalks up another win…

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  3. TheMarketAce

    Question for you Senor Tropicana. With regards to your old friend $GSVC, do you see the stock currently trading at a deep value similar to your comrades over at SeekingAlpha? The FB post-IPO has obviously hit $GSVC hard, but do you think that it should bounce at some point here soon, especially due to the fact that the NAV is around $14?

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    • The Fly

      Those fuckers are conartists.

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      • Dirk Diggler

        Moe Homo

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      • TheMarketAce

        But do you think the stock turns around from these levels? With as much research/time you’ve put into $GSVC in the past, you certainly know them better than SneakingAlpha, which is why I asked.

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        • riggedgame

          Quit beggin’ for free advice. It is unseemly.

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          • TheMarketAce

            Simply asking for an opinion. As I’m sure you know, $GSVC was the former $YELP of Le Fly’s portfolio months back. That being said, he’s done more research on the stock’s fundamentals (and management team) than all of us. Simply curious as to what his take was on what has happened with the stock price recently. Chill out.

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          • Raul3

            conartists brah

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          • mickeyd

            doesn’t say much for yelp does it?

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  4. xxxHuggieBearxxx
    xxxHuggieBearxxx

    I wish The Bernanke would come onto the scene and drop his mad fairy dust, just to make this mudder go wild.

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    • Trading_Pymph

      He could definitely alleviate subsequent hangover from the European Bath Salt party.

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      • The Equalizer

        Intercepted transmission the summit: a brief exchange between Christine Lagarde and Ben Bernanke.

        Chancellor Merkel, you are cordially invited to try a tranche or two of stimulus, all rolled up in a Eurobond as wrapping paper. You just might like it.

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    • leftcoasttrader
      leftcoasttrader

      You want 15% higher crude prices in one day, rather than a mere 9%.

      Don’t get greedy.

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  5. noodle

    You over +20% today?

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  6. Yogi and Boo Boo
    Yogi and Boo Boo

    Let me rephrase that: Fly wins again. PPT wins again.

    Yes, today I booked a few lifetimes’ worth of PPT subscriptions on that $TNA call. Thank you sir.

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  7. Anton

    Outstanding work with the time machine, Señor Tropicana.

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  8. The Eye-Talian Stallion
    The Eye-Talian Stallion

    The cloud is ripping…
    EMC, VMW, NTAP, ORCL, CSCO, HPQ

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  9. Trading_Nymph

    Dear Stock Gods..Can you please have Bundestag fuck this all up today? Please??? Thanx, Nymph

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  10. OG

    I hope this silver rip is just getting started.

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  11. xxxHuggieBearxxx
    xxxHuggieBearxxx

    silver going apeshit

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  12. juice

    congrats boss .. u played ms market like a stradifuckingvarius

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  13. dean

    Winner.

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  14. Bullish

    With all of this cocaine being thrown about… this has to be good for the Columbian stock exchange, no?
    Might have to do some Columbian research this weekend.

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  15. Lawrence Bird

    Kinda wishing I had stayed in $BZH…but I guess I’ll just have to wipe my tears with all the money I already made on it.

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  16. W. Connery

    Yes! +1 for Le Fly.. I’m feeling the tribal today.

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  17. Bullish

    How come it’s not possible to click on your own screen name in blue to see your iBC $$$ anymore? Takes you to the top of the page. Maybe Vincenzo spilled meatballs on the iBC server again?!

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  18. ttttyyyy

    Fly is super bullish. This is definitely time to get bearish and load up on FAZ and UVXY.

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    • The Fly

      Your mother is a goat fucker.

      I suppose by “super-bullish” you mean I am 35% cash, right?

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      • TradingProdigy

        I would be scared as hell to short into this rally…that includes 3X short FAZzots.

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        • MetalLeg

          Something or someone will fuck this up. This could continue although my gut tells me we will go back down until Uncle Ben prints.

          They didn’t fix anything, jusy bought some time, and not a lot of it.

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  19. asteroids

    Thanks to Fly, I am up a modest amount and will retire like a gentleman for the Canadian holiday. I wonder if the margin clerks are busy today.

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  20. Yabollox

    Spain vs/ Italy in the Euro cup. Two loser countries but one will be a winner. I’m still thinking Merkel and Monti had a bet on the Italy/Germany game. The lose had to pay the winner in QE.

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    • Sur Platonic Platueu Du Tecnocrats, B.R.A., D.J.D.
      Sur Platonic Platueu Du Tecnocrats, B.R.A., D.J.D.

      Technically, it was a polite gift as their was no bargained for exchange of risk.

      0.

      The German soccer team has consistantly placed third or second in most of the recent decades tournies.

      When they lose, its purposeful.

      Lightning precision.

      Who do you think made H-bombs and neutrino blasters (no shock)?

      If you believe the media wash, someone with an expertise in the Talmud deciphered physics. Right… .

      Good luck, ’tis like bull shit mafia witchcraft superstition when the creditor lightning bolts your arse with a channel plasma weapon. It won’t help much making a buffoon’s gesture.

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  21. kcscott

    Just bought FAZ @ 22.80

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  22. republikat

    First week on subscription-PPT:

    – Impressed by timing of market model, relative to other Twitter wannabees
    – Overwhelmed by volume of data, research, screens available in PPT
    – Cool with guidance and honesty of purchase points on recommendations and follow-up.

    – No complaints; Too early for profits to go shopping, but enough for salsa chips and margaritas

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  23. Checklist

    Wonderful title, tho I prefer the clown raping…

    One hellish short squeeze in oil today dayam

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  24. bozeman

    To be fair, it’s easy to dance on graves now, but Sunday night you declared 500 points down this week and another 500 points down next week.

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    • punyandy

      He’s not exactly dancing on graves. Clearly said he’s not participating as much as he would like, but this tape’s been a fucking grind lately. Better to be near year highs than not.

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  25. Nyjag

    Dogfish 120s for every

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  26. the boost

    throwing a couple of gallons of faz jet fuel into the fazmobile here $22.60

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  27. heaterman

    Clearly, there are a great multitude of investors working very strenuously to find something to celebrate about our current economic condition. Pent up demand being dumped by the freighter load at the mere hint of any good news.
    Alas…..this will not…..cannot end well.

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  28. pitbull

    FLY IS GOD !

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  29. The Fly

    You butt fuckers should just shut up and bend the knee!

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    • TeahouseOnTheTracks

      Out of YELP for a 30%+ gain ….

      TEBOW!

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    • mickeyd

      fly- why don’t you pretend to be a public company and just post your quarterly performance rather than this nanosecond return drama? Daily returns are just noise and don’t mean anything in the aggregate unless of course you are playing against yourself..in which case, never mind.cheers!

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  30. Jeff Bezos

    It’s Bezos ………… Bezos !

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  31. Xmas Ninja

    Sold half my TNA in the pre-market due to a numb nuts Doug Kass tweet. Why do I read that guy, he just tweets out his ass.

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  32. mariofats

    You must have done a lot of cocaine in the past.

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  33. The Coypus

    Too much yelping from the haters. How long is your ban on banning going to last?

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  34. ruggyup

    The publisher’s first paragraph is sooooo mo.

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  35. Sur Platonic Platueu Du Tecnocrats, B.R.A., D.J.D.
    Sur Platonic Platueu Du Tecnocrats, B.R.A., D.J.D.

    Don’t forget to light a lake of fire with Somali pirate crude oil whilst entertaining via Africon (sic) jungle jungle.

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