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
23,445 Blog Posts

Where is the Drama?

I’m not really bored; I just don’t care. Everyone is filled with useless opinions. “Where’s the market going? Oh, you were wrong on your last pick, therefore you suck.” This whole circus act gets monotonous– you know.

For example: the Blogger Network.

Long term frenemy and nuisance, V.King, is advertising his iBC blog that is filled with horseshit, regularly in these hallowed halls. As head gentleman of the lead parlour, am I supposed to just sit here and let that happen? Of course not. Executions will be liberally administrated, in accordance with iBC law. The sooner you come to grips with the fact that I am a superior being, the sooner you will be at peace with yourself. Don’t mimic me or try to curry my favour by doing outlandish things. I am a man of extreme purpose and taking time out of my day to polish this house weazens me.

Futures are flat and I am flush with cash, after selling out of my DECK position on Friday. It was a 12% gain and the Sterne analyst (the only one who nailed DECK) is still cautious on the name. I was thinking about reallocating that cash into some wacko investment, MRVL like. But then I thought about all of the times I was raped and humiliated in September and opted to do nothing instead. Even though I inverse nailed the MRVL trade, I am 1% off my annual highs. I am due (trust me) for a severe draw-down. It has happened to be about 50 times over the past two years: I am my worst enemy.

Heading into the second half of August, I am a net seller, but will remain opportunistic, as always.

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35 comments

  1. M. R. GOLD

    Fuck em fly.

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  2. GYSC

    Hey, when the blogger option opened I posted and had 10X the page views as others. The scoring system allowed for tweets to count as pageviews so ghost accounts were made by many.

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  3. Mike

    Let’s see what the clam has in store. EXK gonna run

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  4. M. R. GOLD

    That was a pretty cheap shit 1st comment so how about some filler. The Markets are going down. But then followed by a rally. Oh and no QE3. Ever. The next boom is our factories pumping out orders for the war machine against China, Maybe Russia but starting with Syria and Iran.

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  5. Rhino

    Fuck that dude, I liked him at first, but almost trying to pump shit a’la Sykes style, that’s not cool. He’s probably long ZSTN.

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  6. Patrick

    This week will suck. The week after the march higher continues.

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  7. Nef Rap

    MR Gold you are a stinking piece of shite. A truly clueless ahole that tried too hard to cover all scenarios

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  8. Nef Rap

    Patrick. Loser with a hipster fuckwadd crystal shit ball bought at a dick joke flea wadd hipster jack off street fair in Brooklein.

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  9. Nef Rap

    Hi Fly!

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  10. Nef Rap

    TCAL never heard of it? Oooh I’m scared ( no costanza)

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  11. Cascadian

    VKing’s massive ego is a bit annoying, but he has some good picks once in a while. And I giive him props for pimping his blog postings. Shameless promotion is a good thing.

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  12. ottnott

    Unclaimed child in aisle 4.

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  13. Sur Platonic Plateau Du Tecnocrats, B.R.A., D.J.D. upon Rookness.

    “Futures are flat and I am flush with cash.”

    That should be placed in ecumenical gold leaf.

    (BRA returns to fold ironed-magnolia-shaded-clothe. Seeking forgiveness and praise like an Ecuadorian Counselor wholly surrounded by troops in an Embassy Department located in Great Britain).

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  14. Raul3

    V.King is the internet version of my uncle who gets chasitzed for drinking too much wine but always comes through when you need to “take care of some ‘ting”.

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  15. Trading_Nymph

    I am so sick of Iran/Isreal just bitch slapping each other. I got all happy that Iran was talking about the Oil Sanction G5+1 to meet at the end of Aug last week, then ZERO more news on that. Friday the low level Nego’s were saying it was a difficult time…Isreal CDS market is gaining over the idea of war…until I get this Risk Premium out of the market we are stuck…and the lack of Clam all talk, no action won’t cause a sell off…..sucks.

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  16. razorsedge

    BAS… worth a look. (mr. cain)

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  17. asteroids

    The real problem is that there has been no real worry or fear since 2009. No real opportunity due to fuckery. Until the, hold lots of cash and await blood.

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  18. kcscott

    Fly,
    According to V.King in this post Comments: http://ibankcoin.com/vking/2012/08/13/obama-steals-716-billion-from-seniors-and-medicare/#comments

    He Writes here beacuse he knows you AND He had some role in putting the IBC site together.

    I thought this might come as a bit of a surprise to you

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  19. lol

    can’t wait until the government AND Socialists asks for even more money. FYI not even God has the nerve to ask for more than 10% and people think 53% “isn’t enough”

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    • Smerdyakov

      When god starts funding universities, building roads, arresting criminals, printing money and bailing out market, I’ll give him a raise. Real arrogance is thinking that places without government won’t turn into Somalia because your ideology that’s never worked before says it won’t.

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    • (too late to) Raise taxes, Raise spending
      (too late to) Raise taxes, Raise spending

      Republicans are not conservatives, just right wingers. Real conservatives pay their way. If you don’t want to pay higher taxes don’t spend half a trillion every year on the armed forces.

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      • Cascadian

        As opposed to spending $1.3 trillion more per year than you have in revenues. That’s the demo way– go ahead and spend our grandkid’s money because it feels good.

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        • (too late to) Raise taxes, Raise spending
          (too late to) Raise taxes, Raise spending

          Republicans are the kings of “borrow and spend”. The debt/deficit went through the roof under Reagan and Bush.

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  20. Junky Junk

    I’ve learn some good stuff here. Certainly worth bookmarking for revisiting. I wonder how much attempt you put to make this type of great informative web site.

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