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
23,445 Blog Posts

Goodbye 2012

Happy New Year’s everyone. Thank you for reading and supporting the site. I’ll see you fuckers in 2013.

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40 comments

  1. The Eye-Talian Stallion
    The Eye-Talian Stallion

    Old markets don’t die, they just fade away.

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  2. No One

    Are we not cordially invited?

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  3. dztrading

    Happy New Year to Everybody

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  4. TraderCaddy

    Happy New Year to the Fly, iBC content writers, and all readers.

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  5. juice

    not a bad deal out of warshington as far as tax-payers are concerned, compared to what it could have been

    happy new year courtesy of el prezidente comrade obama!

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  6. Anton

    The best to you all in 2013.

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  7. cbgraper

    lets all fucking crush it in 2013

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  8. noodleboy

    Happy New Year to you, The Fly

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  9. Earl

    Happy New Year to you and the entire IBC crew.

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  10. Gio

    Happy New Year Fly and the entire IBC staff.. Rock it in 2013!!

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  11. Gio Stelly

    Happy New Year Fly and to the the entire IBC staff.. Rock it in 2013!!!

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  12. figesmalls

    Where are the 2013 predictions? Happy New Year and Shana Tova to Steve the Neighbor.

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    • The Fly

      I didn’t feel like doing them.

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    • SteveTheNeighbor

      Toda raba. And likewise to the iBCers. And to Neighbor Fly, please aim those fireworks in the other direction tonight. Mrs,Steve is talking about having a baby and I plan to to get busy tonight,Thanks for watching Steve, Jr.
      Shalom Aleikhem to all in the New Year.

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  13. flyaway18

    My favorite guys to follow in no special order because you are all very special in your own ways to this old lady: Mr. Partridge, one of the finest men I know; The Fly, one of the funniest and honest men I know; and Jim Cramer. Happy New Year to everyone. My faves for 2013 – BAC, RDN (on a wicked tear), DECK and SHLD.

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  14. JTU

    Sold out of some positions today raising cash to over 35 %.
    Considering a little TZA into the close over all the euphoria!

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  15. Patrick

    85 billion a month coming. Greatest story never told.

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  16. Mr. Partridge

    Happy New year Dr. Fly and everyone here!
    Happy trading for everyone in 2013!

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  17. Jenkins

    As I thought, I’m getting screwed by cliff deal. Rates only go up over $450k, but deductions phased out over $250k. May be worse off under this than if marginal rates just went up for income over $250k. Fuckers.

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    • Cascadian

      I’m not feeling sorry for you.

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      • Jenkins

        Well, you should. Not sure what you make, but it’s plain stupid to tax someone making $250,000.00 several thousand dollars more than the guy making $249,999.99. Don’t you want to incentivize guys to work hard to earn that bonus or earn that promotion that would shift them to that income level? Why earn that $5,000 bonus by working several late nights if you pay $7,000 more in taxes? May not sound like a big deal, but it is when looking at how many people it affects.

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        • ottnott

          That’s not how taxes work. A phase-out works like a higher marginal rate over the phase-out income range. The effective marginal tax RATE jumps at 250k, but there’s no jump in taxes due when you go from 249,999 to 250,001.

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          • Jenkins

            That’s a relief, assuming it’s accurate (I still can’t find an authoritative summary that addresses that issue). I’d heard that it would work like I expressed above, rather than being a gradual phase-out. Thanks for the thoughts here.

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  18. Mr. Partridge

    The best December 31 day in the markets since 1974 … Spectacular!

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    • TM

      Did you start buying some, or still 100% cash ? Happy New Year Mr.P and all.

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      • Mr. Partridge

        Yes I did – started last Friday, you can follow me of twitter (if interested) in real time, I post some of the trades in trading port ..

        Happy New Year!

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  19. Green Machine

    Happy New Year to all @IBC!

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  20. JTU

    Happy New Year everybody!

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  21. Heaterman

    http://ir.smith-wesson.com/phoenix.zhtml?c=90977&p=irol-newsArticle&ID=1769761&highlight=

    Hmmmmm. Buying back some more stock……..

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  22. Testicules

    Happy News Year to all, may the Great Easter Bunny bestow double digits upon you’s in a timely fashion

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  23. theedge111

    Happy New Year Senior Fly.

    I hope you are out and about with your top hat and cane as you ring in the new year!

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  24. fake amish

    Agreed. Goodbye phony 2012. Hello reality 2013. Hold on to your hats and glasses! Here comes socialism!!!

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  25. @gravestonedoji

    Fuck 2012. 2013 will be worser.

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  26. Clock

    HHAAAAAAAAAAAAAAPPPPPPPPPPPY NEWWWWWWW YEAR!!!!!!!!!!!!!!!!!

    Where’s my BONG? o(^_^)o
    anyone see my fuckin BONG???
    http://www.youtube.com/watch?v=QKIfMOvKC8s

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  27. francesco

    good bye fiscal cliff and bloodbath futures! ( up 2,5% first day of the year ) 😀

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  28. razorsedge

    next blog should be :new years resolutions,

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  29. Cascadian

    If the President would come in with his $3/1 spending cuts over tax increases, as promised in the campaign, this would all be over.

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