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

BOGGED DOWN

I’m not doing shit in this market right now. With the Dow up 100, I am, respectfully, wasting my fucking time–like viagra induced perverts in solitary confinement.

With the cash, coupled with my bitchass positions and HDGE, I am seemingly retarding myself into a coma. I will be picking up the pace next week.

Who knows, perhaps the market wakes up to wet electric shocks next week, sending the bulls aflame down Wall? Nevertheless, one thing is for certain, NFLX is going the fuck out if it doesn’t uptick soon.

The bottom line: it was an uneventful week for me, much to my surprise and chagrin. Taking a step back to gander at the bigger picture, I am up 25% for the year with the best months of the market ahead of me. I am strapped with lots of cash and explosives, so don’t fuck with me. By X-mas, I intend to be up no less than 100%, fulfilling the prophecies laid out in late 2011 that 2012 would be “The Year of The Fly” indeud.

Strong Buy Movie Rec: 13 Assassins

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60 comments

  1. chivo

    is that a new hole in your living room floor? is that a chip in your nice countertops? why is your cabinet door crooked? jeez man, clean it up!!!!

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  2. V

    NFLX, rightfully, shit the fucking bed today.
    Hope it bounces so you can pull the rip cord.
    The clam held his cards….for now.

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  3. Dog

    Grandiose!

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  4. zookini

    up 1.2%

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  5. Largebill

    Is MRVL done getting beat down? EX-DIV date in September and I could see people driving up the price into the dividend.

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  6. Sloop

    I’m holding 100 shares of MRVL just to keep it in front of my eyes. I’m expecting a correction. i know that’s not a popular outlook.

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  7. PositvePsych

    Glad to see your staying away from the porn today. Be strong!

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  8. Sloop

    What I did to keep from getting bored is went and bought a Harley. that will do the trick for you. and its good to clear your head

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  9. JTU

    TC big winner today up over 10%!

    8:44 AM Thompson Creek Metals (TC) is upgraded to Buy from Hold with a $4 price target at Dahlman Rose. The firm says it has not ruled out further challenges as TC looks to ramp up Mt. Milligan, but it believes the company has adequate capital to complete the project, which should generate substantial profits in 2014. TC +4.8% premarket.

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  10. Mr.Partridge

    Wow for the PM miners today…

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    • flyaway18

      They kicked azz…DUST took a severe whippin’

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      • Mr. Partridge

        short UVXY is the trade of 2012 lol… hold on to your NUGTs when you trade like that partner

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        • flyaway18

          Rabbit, Rabbit!
          Timmay on Slope held onto his GDX options through that miners’ run-up yesterday. Ouch. $HUI is just underneath the 200-day MA again. Have you looked at SPY chart? The BBs are so tight it’s scary. Also, a guy on SeekingAlpha suggested a pairs trade – long GDX, short SPY.

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  11. JTU

    You were right about the materials sector exploding to the upside!
    TC, EXK,AAU, PAAS, BAA, FCX, MCP all winners!
    CLF and TCK did not participate.(you said to stay away from coal)

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    • Whalebone

      Wow, you mean basic materials respond to promises of dollar annhilating QE? Fly is a genius!

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      • Jakegint

        Be very careful with your fulgent praise. Some here might take it for sarcasm and cast you into the pits of despair.

        _____

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      • JTU

        Yeah, how many of those stocks were you holding today?

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  12. ruggyup

    With the great communicator languishing in solcon this corner trusts he is attentive to what is said about idle hands.

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  13. Juicew

    looks like its time for senator cement head stocks

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  14. Tyler

    Fly,

    Please tell me you are still holding EXK

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  15. The Fly

    Jake is banned

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  16. dortmunder

    jake is my hero…mos def

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  17. Heaterman

    This tidbit of information from the Jerusalem Post should be kept in the back of your mind as you trade. D-day is coming and it remains to be seen who will initiate it. The US or Israel. There are parties on both sides who are growing impatient for action. The Iranians wanting to push the red button and the Israelis looking at preemptive action to save themselves……….
    Key words, “Time has run out”.

    From the Post…………
    Prime Minister Binyamin Netanyahu got into a diplomatic shouting match with US Ambassador Dan Shapiro over US President Barack Obama’s handling of Iran’s nuclear program, saying “time has run out” for diplomacy, Yediot Aharonot cited a source as saying on Friday.

    According to the report, which The Jerusalem Post could not independently verify, the showdown took place as Netanyahu met with Shapiro and Republican Congressman Mike Rogers, who visited Israel earlier in the week.

    A source that participated in the meeting said that a particularly angry and stressed Netanyahu began a tirade against the US president, attacking him for not doing enough on Iran. “Instead of pressuring Iran in an effective way, Obama and his people are pressuring us not to attack the nuclear facilities,” the source quoted Netanyahu as saying.

    Angered about continued US rhetoric that diplomacy needs more time to work, Netanyahu said flatly: “Time has run out,” Yediot reported.

    The American ambassador is said to have responded politely but firmly, telling Netanyahu that he was distorting Obama’s position. Obama promised not to allow Iran to obtain nuclear weapons, he explained, and left all options on the table, including military options.

    At that point, diplomatic sources told the paper, “sparks flew” in an escalating shouting match between Netanyahu and Shapiro as the stunned congressman watched.

    Netanyahu and Obama may meet face-to-face on the sidelines of September’s United Nations General Assembly meeting.

    It should be obvious why we have three carrier groups in the Persian Gulf.

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  18. speedius

    I had a great day, namely because I took the day off and spent it with the family. A most important milestone was reached: my son proved himself to be a distinguished gentleman of highest order. As our choo-choo train got underway, he turned to me and said his first word: “indeud”.

    In case you dare doubt me, here is incontrovertible proof:
    http://twitpic.com/aprwc9

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  19. JTU

    Criminal Mind…
    http://youtu.be/__coJMIqSno

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  20. razorsedge

    had a great night. wow. one of my good friends from the boys of the beach showed up. some had the nirvana to be there. guys this was a blue moon party for the books. some of the art was wyland. its only life enjoy, bitches!

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    • synack

      Are you actually retarded, or just pretending to be?

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      • Out to Lunch

        As difficult as it may be to perform, the answer is both, with an added smidge of brain farts.

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        • razorsedge

          hey as a retard i post my trades here, _+42% so far, jerk off. i try to help others so they can do well i dont need com shots from u, i understand assett allocation more than ya think.most of my friends trade and they dont trade like losers.they dont follow they lead.

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          • razorsedge

            what r your trades? u must be a blessing to your mom. doin all thoes chores living in the basement.

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  21. razorsedge

    http://youtu.be/ItuBv1S3nTg

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  22. zephler

    how many bags of kettle chips were destroyed this weekend? will DMND actually restate their numbers this year???? my god!

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