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
23,441 Blog Posts

NOTHINGS OVER

The allure of extravagant price runs to the upside persists, as shit floats to the top–led by the likes of GMCR and FSLR. I regret not buying into YELP’s earnings, as planned. But then again, my average sale price is still $2.5 higher, even after today’s banana run.

The market was supposed to crater today because the ECB failed to act. However, buyers are stepping in, propping up garabgio, climbing the great wall of worry.

Nevertheless, I want you to focus on the bigger picture. TLT is still higher and the Dow is off by 40.

Make believe the market is a giant mouse-trap and you are a mouse. The cheese smells very nice and other mice are noshing on it. You want to run on over to take a nibble, before all of the cheese is gone. The other bastard mice are getting fat from the cheese, hamming it up, having a grande old time as you watch in agony. If you are patient, however, you will get to see all of the other mice decapitated by the arm of the snare. There will be blood everywhere, engrossing all of the cheese, making it inedible for those who are made from a weaker constitution.

I will have you know, “The Fly” intends to pick up the pieces of cheese, left behind by the dead mice, and eat it–blood and all. I understand the blood makes it rather delicious, almost like a beurre blanc sauce atop of grilled shark.

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36 comments

  1. JTU

    All eyes on Jackson Hole!

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  2. The Pirate Trader
    The Pirate Trader

    haha. Long live the Fly.

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  3. farfenoodle

    kcg must have shorted GMCR at bottom

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  4. PG

    Could the FED be silently doing QE 3 ?? the govt is already pumping money out at an alarming rate foodstamps, welfare ,EBT cards, umemployment, disability claims, subsidies….has the FED joined the party??

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  5. xxxHuggieBearxxx
    xxxHuggieBearxxx

    fucking awesome parable

    I WANT TO BE A BLOOD-SOAKED MOUSE

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    • republicat

      Yes, the parable was awesome.
      I will read it to my nieces.

      The love 12 Oz Mouse

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  6. ed

    that is the best analogy i have ever heard

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  7. tom

    this makes top five

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  8. farfenoodle

    so the “fatcats” eat the mice, the cats in turn get devoured by the dogs of the dow, who are then eaten by the bears, correct?

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    • The Fly

      Yes, Goldmam, JPM and the likes are the fat cats who indeud eat us mice.

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      • farfenoodle

        nice! Gotta stay nimble and quick so I can escape the fatcats who are too big to change direction as fast as us mice!

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  9. flyaway18

    Boy, I passed on Kellogg on the dip to low 47s, that was a mistake.

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  10. farfenoodle

    Mr. Fly. When does the japan Nikkei style 25 year bear market start in the US if at all?

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    • farfenoodle

      sometime in our lifetimes? true/false

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      • Tonka

        Start?

        Aren’t we 12 years into a secular bear market? So, if it lasts as long as Japan we’re already half way done.

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        • hattery

          Yes but that implies we make new lows below the 2009 lows at some point without making new highs first.

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        • hattery

          Also, Japan’s bear market may not have ended yet!

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  11. ruggyup

    Hear on the Street- Pole dancing to be the next Olympic sport added. Femmes only.

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  12. republicat

    The snare just crushed a mouse drinking Spanish wine and French goat cheese !!!

    Frickin’ Awesome !!!

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  13. OG

    GMCR and YELP are the only earnings that have gone my way all season. Pure luck.

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  14. Nefarious Rapscallion
    Nefarious Rapscallion

    “There ain’t no cure for the summer time blues” (Blue Cheer. No Hendrix No Who)

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  15. Cascadian

    Europe is on vacation for the rest of this month.

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  16. ruggyup

    The PPT Hybrid score is looking like the dropings on Steve the Neighbor’s lawn.

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  17. vking

    Attention…You may now “tweet” the V.Kings blog

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

      (Pennants unfurled, trumpets echoing in the distance)

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  18. discoordinated

    What is the TLT SPY relationship is just showing us more demand for USA?

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  19. surplusdroids

    Gaht Damn.

    2 handle on KCP.

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  20. surplusdroids

    ooof.

    KCG!

    A_GAME!

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  21. MetalLeg

    Anyone hear from the genius recommending the DMND short the other day. Nice call idiot.

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