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
23,408 Blog Posts

Fade It

I am in a bubble, long stocks that are not tethered to the market. Aside from UA, everything I own is catalyst driven, such as VHC and SWHC. It is not by accident; naturally, it is by design.

Markets are strong based upon hopes that a deal will be struck to avert “The Fiscal Cliff.” I wouldn’t bet on that, if I was you. I’ve been monitoring the hard right and they’re adamant about going over the cliff, causing a crisis, in order to effect real change. They view this showdown as the fucking Alamo, debt ceiling battle revisited, and will not cede to the demands of what the deem to be a malicious President.

You might hear conciliatory messages out of Boehner and other malleable hacks, but not the hard right. Those fuckheads are adamant about driving this ship into the fucking sea floor, AND MORE.

Tread carefully and raise cash.

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30 comments

  1. Nid

    To the Sea Floor, and beyond….bitchez.

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  2. Rollo Tomasi

    Dive Below!….I mean, Rise Above!

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  3. asteroids

    Sage advice from Le Fly, and for fuck sakes don’t short. Those meat grinding super computers will cut your dick off.

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  4. TheHarper

    The hard right just never gives up. When Bush barely won in 2000 they took that as a mandate, and now when Obama won both electoral vote and popular vote which means a true mandate, they still wont give up. Get those fuckers back to the 1950s and let Barry Goldwater tickle some right wing nut sacks

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    • TraderCaddy

      FYI- Barry Goldwater ran in 1964.
      Dwight Eisenhower was in the ’50s.
      Also FYI Goldwater would be considered a moderate today and JFK would be a conservative.
      I say: Hi Ho Hi Ho, off the cliff we go.
      This is what the people want as this is how they voted.

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    • Frog

      You can’t talk sense to Right Wingers. They believe the Faux News-created alternate reality.

      We’re going to have a great economic recovery with Obama. Good numbers today and they wll continue. The Right Wingers wll continue to be clueless, living in their alternate reality bubble. But that’s okay with the majority of us. They may be loud but they are getting smaller & smaller in number. They are destined to go the way of the dinosaur.

      The Fiscal Cliff itself is a silly idea created by the RIght WIngers. Why not go over it? It is not an emergency. It means nothing.

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      • zzzdoc

        It’s not a matter of ideology. It is a matter of not spending what you don’t have.
        No rocket science!

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        • FXTRADEX6

          What exactly is “What you don’t have?”. You do know money is fiat and issued at will, right?

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      • Narwahl

        I’m starting to think you are being paid by Fox. Why else would you plug it with such tenacity? I decided to start watching to see what all the fuss is about, thanks to your posts.

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  5. JTU

    Way to go Boehnor! Another asshole who can’t hold his tongue and the market tanks!

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  6. Karnak

    Bohener threw the tea party overboard and is willing to jack up taxes on the rich by by 1T and eliminate the mortgage deduction.
    So where does the hard right plays in all of this? They don’t.
    0bama owns the cliff and will not bargain as he wants us to jump off of it. His quest is to break amerika down into little pieces that he can control. Any fool can see this coming.

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  7. flicker

    The hard left will never give up. With their socalled mandate, they are now starting to talk about a “wealth tax”. It’s never enough for these fuckers as long is it’s not their money.

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    • Karnak

      That’s the kicker – a wealth tax. And Boehner wants it just as bad as 0bama. So to the folks on this board slamming the “hard right”, but guess what? It no longer exists.
      The “hard right” was created by 0bama so that he can point his finger and say “ah-ha, look at em, they want us to fail, to go over the cliff”.
      Only sheep believe in the hard right theory, they have weak minds and are easily molded by the hard left.

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  8. JTU

    Fly, just wondering if you still own IDTI?

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  9. Spooky

    Nothing new about the hard right. they’ve been in their bunker for a long time. Their fuhrer is long dead, and they haven’t figured out that the world has moved on from supply side orthodoxy, which clearly failed in the last 10 years to create economic growth in a globalizing environment where the “supply” just went abroad.

    Time to close the hatch and bury them in their jungle. Ever see “Lost”??

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  10. The Earl of Muff

    Muff dive, cliff dive, what’s the big deal?

    We go off the cliff, taxes go up, spending goes down, problem solved!

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    • Frog

      True. It’s an imaginary cliff invented by the Far Right Wing. If we go over it, it’s fine, not a problem.

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      • Frog

        You could drive over imaginary cliffs all day long & nothing bad would happen to you.

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        • zzzdoc

          YOUR democratic party will take money from your retirement savings account. Republicans would not have touched your 401K. Just wait and see how you have less in 4 years!

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  11. Cascadian

    +2.17% today, led by FB, P and ZIP.

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  12. 80hourworkweek

    FLY-

    America in 5 years? 10?
    Markets and generally-? GO…..

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  13. Genghis Khan

    Nice call on VHC, monsieur, very nice indeed.

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  14. klaus

    buyer beware

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