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
23,451 Blog Posts

Red Bulling it Again

“The Fly” is back to drinking cans upon cans upon cans of Red Bull zero again. I’m so fucking wired right now, I am eating the fucking cans to calm my nerves down.

The truth is, I am in the process of moving and it sucks 10 dicks. While we’re on the subject of truth, I will have you know my stocks are higher today– yes, indeud, they are!

US economic data was abysmal, which is great in the little fantasy world we live in. Let me give you a quick refresher: bad news is good news and good news is good news. However, great news is bad news.

Got it?

This psychopath market couldn’t care less if US unemployment was 99%, providing the Fed was ready to step in with POMO. I’m all about that shit: pomo all day, every day.

In short, I’m not buying today, opting to preserve my grandiose cash position, because there is no sense of urgency. I am not sure if the ECB will lower rates this week, and frankly, it doesn’t really matter. If you recall, I told you there was one monster trade left and I’d sell into it. Well, the monster trade came and went and I nailed it. My losses were erased and now I’m +19% for the year, right at annual an all-time highs. Le Fly won again, bitch; I’m about to lounge for the remainder of the summer.

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25 comments

  1. the boost

    Nobody goes to lunch until this post is complete

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  2. the boost

    It’s going to be hard lounging around being all over amped like you are

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  3. clegger_2000

    Good stuff Fly!

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  4. xxxHuggieBearxxx
    xxxHuggieBearxxx

    I am setting up for a plunge followed by clam-led rescue in august, propelling me to a glorious run into the presidential election that should enable me to finish flat for the year, upon which I will proclaim 2012 a success.

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  5. acehood

    Hope your movers are not degenerate rubes.

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  6. republikat

    That EXK dip sub 8, was a definite opportunity…

    That I missed.

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  7. moolahheaven

    Anyone know the date in August for the next Fed announcement? Is it before or after Aug options expy?

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    • Trading_Nymph

      Aug 1, no press conference. But tonight is the RBA out of Australia, some think they will cut. IMHO their govt is on their 6 week vacation so I don’t see a cut, even though they have been so agressive this year.

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  8. vking

    Sell everything you own and BUY OMER…

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  9. The_Real_Hmmm

    That fucking cancer juice turns people into goats. Someone should try mixing it with bath salts. “Beelzebubbly.”

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  10. dffapa

    Moving does suck Dick….
    http://www.youtube.com/watch?v=CzbURUrgQao

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  11. fifty2weekhi

    Congrats Fly! It still baffles me that you’re not “reducing” the YELP position now that you’re back to all time high. No fear of deja vu.

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  12. asteroids

    Moving sucks, but it’s a right of passage. I no longer consume energy drinks. The “crash” is awful.

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  13. TheOSU

    Should be interesting . I had an aquaintance that moved from a shit
    filled walled abode and actually the entire family suffered severe withdrawals .

    For almost twoo years they would all not flush their bowel movements and would sniff their own shit for one day a week . Viola , no more headaches !!!

    Goof luck with the move .

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  14. razorsedge

    yes that is my pick-up, and no im not helping you move. lol.

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  15. TMoe

    OPEN ouch!!
    28 dollars here we come

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  16. Trading_Nymph

    Moving Sucks Big Time. I believe it is one of Dante’s Ring of Hell if I recall.

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