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
23,477 Blog Posts

Weakness Should Be Bought

There will be losers during the QE-unlimited era. However, if you have a good mind for this sort of thing, you should do well. My plans are constantly changing, with regards to stocks that I am willing to buy. Inside of The PPT, I am fixed on just one screen: Fly’s laboratory. It is spitting out winner after winner, characteristic with the time machine apparatus that it is!

Without QE, I am seller of stocks, entirely uninterested in dealing with the September-October months, traditionally onerous to long only players. But with QE, the Federal Reserve is bidding under the market, explicitly, hell bent on seeing asset prices rise. Having said that, a double entendre presents itself. The very fact that stocks “cannot go lower” and “everything should be bought” is inherently bearish for stocks. The moment faith is shaken, stocks will be beaten, soundly, like fools caught stealing from the mafia.

You should be on guard for such occurrences.

With today’s set-back, I am up 34% for the year, a fine showing for a gentleman of my status and stature. Furthermore, just now, I’ve decided to forgo caution and start a new position in a name I’ve referenced before.

Developing…

http://www.youtube.com/watch?v=aYsbk4CwZTE

If you enjoy the content at iBankCoin, please follow us on Twitter

19 comments

  1. Mr. President

    Senor Fly,

    I made this for you, sir, to fling at people who disgrace the comment section of your esteemed blog:

    http://i47.tinypic.com/2ho9t2c.gif

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. JTU

    Well? Is it IDTI?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. L.K.W.

    ..devoured. Of which Google seems to be doing to the burgeoning new social media scene, gobbling Instagram and what’s this?, speaking weaknesses?? Conspiracy theory alert: Whatever happened to Google vs. apple? Did they settle ‘out of court’? Apple settles on dissing Google maps and sacrifices, on behalf of users, the world’s greatest search engine? Or, can an iPhone even function without its search engine?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. Testicules

    ATML?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. razorsedge

    black water is now hiring in key west, for you malitia type guys.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. Bernanke

    If the fiscal cliff isn’t addressed, as I’ve said, I don’t think our tools are strong enough to offset the effects of a major fiscal shock.”

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. riggedgame

    Michelle’s Caboose Cantbearit has HUGE tits.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. razorsedge

    3rd qt profits will be the tell (for me). personally, i think qe3 will have little or no affect. we are close to all time highs, but are we doing better than before the crash? are stocks worth more or is it the dollar worth less. profits grew because of efficiency(fire people). this new qe helps banks. will it spur consumer spending? the world is slowing down. todays empire report shows what? ( boom in manufacturing,lol). i am not short, but im not long, just gold

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • lol

      gold has a strong correlation with stocks and expanding economy so you kind of are long

      • 0
      • 0
      • 0 Deem this to be "Fake News"
    • 'merica

      My employer (big tech) sent an email today saying that we are required to take three days PTO in Q4, last time that happened I think we were in a recession ~2008. Hmmm…

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  9. Miike

    IDTI @ 6.37

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. zookini

    Bought $VLO

    • 0
    • 0
    • 0 Deem this to be "Fake News"