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
23,474 Blog Posts

Disaster Averted

This morning I was getting the stuffing kicked out of me in NFLX and PPC. But as the stock Gods would have it, my fortune reversed and went higher, eradicating my losses–turning my day into profit.

My Romney/ Fuck the EPA play, NAK, soared, based upon the caprices of perverted speculators. Secondly, my holdings in PLCM, LOGM,VHC, MCK, ESRX and CVO went deep into green territory, allowing me to gain nearly 0.5%. This is truly amazing, all things considered.

Because of the tone of the market, I went all in, selling out of HDGE for a small profit and reallocating assets into stocks, taking cash levels down to 10%. Granted, this might end up being a foolhardy move, especially since the market has re-reversed lower into the close of trade. But I’ve been sitting in the sidelines for the better half of one month now and I am sick and fucking tired of taking the easy route. I want this shit to be hard, NFLXing and MRVLing my way towards victory.

In short, “The Fly won again, even though you thought for sure he was going to perish amidst a car filled with lit dynamite sticks.

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31 comments

  1. clegger_2000

    Rick Ross is BACK baybee!

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  2. Sam

    Do you still like MRVL?

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  3. Mr.Partridge

    Very nice day indeud …

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  4. noodleboy

    $ES_F closed 3.25 handles from overnight high and 11.5 from low. Not too bad.

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    • Mr.Partridge

      keeps on pushing after close…. tomorrow we will find out if it was giant bear trap… again

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  5. Cascadian

    Up 0.49% today, thanks largely to YELP of all things.

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  6. OG

    Still kicking myself for selling YELP. Everyone got played on that one.

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  7. mike

    long aapl and agq…exk in my kids account!!

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  8. bleached asshole

    Fuck yeah , the Fly winnest again!

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  9. Jimbo

    In Dallas driving down a major freeway now in a large traffic jam. There’s a huge electronic billboard saying that there is an accident in the two left lanes are blocked expect major delays or take an alternate route. I can see that the traffic in the left two lanes is moving along fine while the right 2 are not moving at all. Also Inrix app on phone indicates the accident is in the right lane. I said Screw It I’m going left and proceed to cruise on by the jam. The people that are heeding the sign are getting punished. Reminds me of stock market news indicates we are going down while the movement is upward. Crazy or maybe not.

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    • TraderCaddy

      The accident was probably caused by somebody on their cell or text messaging (if you know what I mean).

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      • Jimbo

        TC- Gotcha- I did not write that while driving. Shortly thereafter I made a stop and tapped it out.

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  10. bobbin4apples

    CVO price target? time frame? What an amazing 11% today.. very interested. thanks in advance.

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  11. theedge111

    FEDEX Massive reduction for Q1 earnings.

    1.46 down to 1.37/share. That’s ugly

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  12. Largebill

    FB with a sliver of a positive announcement after hours. Zuckerburg says he won’t sell any for at least a year and Andreesen said he is holding indefinitely. This may lead to a decent bounce as people have been waiting for an excuse to get in. At less than half the IPO price this can jump quick on any good news. 20-30% gain in few months is not an unreasonable expectation. Full disclosure: I started a position today @ 17.70.

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  13. l.k.w.

    It’s a good thing corporations attained personhood in light of the apparent cornapocalyptic conditions. A marketaggedon? Whether it’s dynamite explosives or an act of god, it seems pretty volatile around here, just going by an even more ignorant position than reading the news — depending only on the iBC instead! ; )

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  14. l.k.w.

    ..or as science would say, “survival of the fittest.” (Fittest, those who FIT best into the new environment, not like a fitness program–easy way to remember the difference come test time!! 🙂

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  15. l.k.w.

    For th3 chosen, amongst you, I moved: https://plus.google.com/u/0/107083812766317165526/posts

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  16. fake amish

    FDX warns futures yawn for now. This has the makings of one of the biggest sell the news set ups in years.

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  17. It Is Showtime

    Wearing my 16 hat
    trillion

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  18. joey

    what happened to dmnd sir fly? you smack all the shorts out of the way

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  19. No One

    Disaster hasn’t even started.

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  20. L.K.W.

    I always wondered wtf it meant when people say, “Save your money for a rainy day,” now I’m thinking!!

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  21. fake amish

    The DNC convention crowd looks straight out of any Walmart in the country. Fat not good looking and possibly angry. Interesting.

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    • fake amish

      To think not exactly Hollywood is a severe understatement. Did the crowd get bused in from the local ghetto or what?

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  22. Mr.Pink

    A tip of the hat to your Twitter rant this evening Fly. It appears we share the same views.

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