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
23,446 Blog Posts

Detached From Reality

This afternoon I had the pleasure, while noshing on a few almonds, to overhear Mrs. Fly and her “fengshui” expert (who seconds as our cleaning lady) discuss a great many things pertaining to luck and fortune. I learned that the south east part of the house is in fact CURSED with bad luck until February and that “we should move the children out shortly” to avoid such unluckiness. I was, however, happy to hear that my office was in the lucky part of the house and that Mrs. Fly couldn’t afford some luck charm that our “fengshui expert” aka cleaning lady had in her possession–all very amusing to me indeud.

This brings me to my next point. You’re all a bunch of Mrs. Fly’s out there, totally disconnected from what’s going on, devoid of the alertness needed to avoid murderholes. Without me, the lot of you, as well as Mrs. Fly, would be resting inside of one, tending to wounds so heinous, they shouldn’t be discussed in this blog.

I want you to heed my final warning and understand that the government is intent on inflicting damage to you. They will not avoid the fiscal cliff–but purposely drop you off of it.

Top picks: SWHC, EXK, VHC, 50% cash

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46 comments

  1. zookini

    LOL $

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  2. prospectus

    Where will you add to VHC?

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  3. jimmy_two_times

    Shit now it makes sense why I lsot 150K trading FX. The lap top was inthe SE corner of the house. Damn house !!! couldnt be that I didnt follow my own rules.

    God I love having a scape goat.

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  4. darkslicer

    For the smaller players, look out at MTSL. their fundamentals are mind blowing. management is constantly pulling up new contracts.

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  5. BottleRocket

    What part of the house is your office in?

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  6. jimmy_two_times

    So no concessions, or can kicking in to mid/late next year?

    how many SP points do you assign to this downside?

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  7. republicat

    Obama hates Republicans, bad, he wants them dead. He is steamed that the House flipped on his watch, only losers/amateurs like Clinton have that happen.

    He meant it on the campaign trail when he said “revenge”. If he signs a deal with no drama, House Republicans get to run around recruiting Hispanics.

    There is no way he hands them anything without taking a shot at humiliation. He can just sit back with that pen, trash Republicans, wealth, and corporations (notice he met Labor today, corporations go second tomorrow) and pretend to sign whatever, whenever, but only after the clock ticks close enough to try pushing the Republican House majority over that cliff..

    We go over the cliff, but are saved in plenty of time for the Inaugural.

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  8. The Eye-Talian Stallion
    The Eye-Talian Stallion

    Always face the desk toward the door. Avoid sharp cornered spaces, especially in a SE direction.
    Yes, I had a Chinese customer that had her entire business Fenged, but after it was all said and done it really turned out cool looking and a nice place for folks to work.

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  9. Largebill

    Fly,

    Curious to hear your opinion on whether this years end of year trading could be considerably different from most years. It seems likely that tax policy will be different in 2013. How different is a matter for morons in DC to decide, but believe it is safe to say higher is the most likely direction. Normally folks with gains will take some tax losses to reduce their tax burden. However, if people expect a more onerous tax policy next year could behavior this year be the opposite of the usual actions. What I mean is: might some people decide to cash in winners to pay taxes at this year’s rates and hold onto losers longer either holding out hope for a turn around and figuring they’ll need the loss more next year with the higher rates if it doesn’t rebound?

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    • The Fly

      Sell losers now.

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      • Bleached Asshole

        The guvamint will raise taxes on all working citizens to 100%, confiscating all wealth and redistributing it to homeless men and illegal aliens. My name is Bleached Fecal Matter Exit Opening and I approve this message!

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      • Largebill

        Already sold the losers (MRVL, etc) as I’ve learned December can be horrific for stocks already down on the year. I probably wasn’t clear on my question which was more about whether some winners may be in danger as people decide to lock in gains before potential changes?

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  10. unclehar

    congress now in the race for asshat once again

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  11. Trading_Nymph

    Without Clams (for now) the market is so much easier to deal with.

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  12. TraderCaddy

    So I look up this “fengshui” stuff up because I thought it had something to do with eating sushi while doing kung fu.
    It turns out that if Mrs.Fly hangs up a picture of “Benevolent Emperor Chuan Long Wang” (no porno?) in the SE corner of the house all is well.
    She can probably get it on Amazon under voodoo.
    Problem solved.

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  13. Jeff

    Fly – I hope you are eating ‘soaked’, unpasteurized nuts and seeds, only in pure reverse osmosis water overnight to enjoy the optimal benefits.

    Indeud 2.5″ ribeye + fine Bordeaux

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  14. Jakegint

    (Heard at Chez Fly directly before tonight’s blog post):

    Cleaning Lady: Where you say Mistah Fry’s orrofice is again?

    Mrs. Fly: Why, my good lady, I’ve told you once already, it’s in the northeast wing of the manse.

    Cleaning Lady Ahhh yes! Stlong Rucky Eminations coming from Norf East collidoor!

    Vellllllyyy rucky foah Mistah Fry!

    You got twenny dollah?

    (And… scene!)

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  15. inandoiut

    I recently found out the house I just bought last month has some rooms facing the wrong way and is very unlucky also.

    In in his second term it’s all about changing and passing as many new laws as he can and taking away as many rights as possible. Bloomberg, Putin, Amajeenadada, Chavez, and the rest of them must be very excited for America’s future.

    The stock market is longer on his big to do list. That was just for re-election.

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    • inandoiut

      correction–The stock market is no longer on his big to do list. That was just for re-election.

      I apologize for the error

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  16. fake amish

    The clam-lite jawboning today was interesting. Warning to the bears?

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  17. French Male Model

    The VIX under 17?…Disconnected indued

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  18. fake amish

    This fiscal cliff drama is actually a perfect time for the republicans to welcome the middle class to the tax rolls. Most pay nothing(income taxes minus deductions etc) but in their infinite wisdom want the so called wealthy to get raped. Fitting justice when you really think about it.

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    • riggedgame

      EVERYBODY in the USA pays 30 to 35% total taxes, except certain multimillionaires with muni bonds and carried interest, who (like Romey) pay 8 to 14%.

      Also, certain college students pay over 100%.

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      • fake amish

        It takes a village.

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        • I Like Ribs!

          It Takes a Village Idiot… now go back to your rathole ROMNEY DICKSUCKER

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      • JakeGint

        Romney doesn’t get paid a salary like you, ya mook, he’s worked for free for the last 13 years.

        The only income he gets is from investments… which are savings that have been taxed already.

        He didn’t inherit one dime that he didn’t give away 100%, so you have no claim, moral or otherwise to his savings after you’ve dipped your murky beak into his income once already, and yet he still pays you 14% and gives millions to charity.

        Unbelievable.
        _________

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        • riggedgame

          If you are awarded stock worth $1 a share in a company restructuring, and the stock goes to $1000 a share and you sell, WHERE has that $999 gain been “taxed already”?

          Explain it to this BB, ya Maroon.

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          • Jakegint

            What do you mean “awarded?”

            If one risks one’s ALREADY TAXED CAPITAL to invest in companies that create jobs for useless mooks to earn respectable incomes, one should be given a ticker tape parade if one is successful, not re-raped like the dun cow.

            ___________

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        • buylo

          Oh yeah, is that why Rumney did not want to show his Taxes for the last 6 years or so, the time he’s been running for President? (btw, his father showed 12 years, Bush 8-10, etc. etc) AND, is that why he won’t tell us about the accounts he has in Cayman Islands, Luxemburg, Bahamas, etc. Blind Trusts my ass. He’s a Sleaze and you know it!

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          • Jakegint

            How is he a sleaze? Because he knew commies like you would misunderstand our tax system? Learn finance, make something of yourself. Your envy is not becoming, and ultimately, self destructive.

            _____
            __________

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    • I Like Ribs!

      SUCK THE BIG DICK ROMNEY BUTT FUCKED HA HA YOU FUCKIN LOST BIG BUT NOT AS BIG AS THE BIG DICK THAT IS FUCKIN YOU NOW!!!!!

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  19. _srd4_

    any thoughts about DMND? I think it get’s Romneyed after the report….

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    • _srd4_

      Oaktree’s investment is interesting, but when I worked for ENER, there was strange convert investments too….lol

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  20. Quint

    You really calling for a 4000 point decline? Interesting.

    btw, Chinese aren’t cleaning people.

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  21. I Like Ribs!

    HEY FAKE AMISH.. GLAD YOU HAD A MOMENT TO POST WHILE YOU SUCK DICK.. HA HA HA!!!

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  22. I Like Ribs!

    Hey ‘EYETALLION STALLION.. got any lube left to help out FAKE AMISH? That spitfuckin a bitch!

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  23. I Like Ribs!

    You all got your “ROMNEY” asses kicked down a rathole now git the fuck outta here bitches!

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  24. I Like Ribs!

    Long AZZ GNC STAG MDBOX

    fuck youse!

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  25. Narwahl

    Scale back on the sugar free Rockstars.

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