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
23,433 Blog Posts

Hand Grenade Friday

“The Fly” is enjoying an excessive Friday, glimpsing from the corner of his right eye at the market barrel rolling higher. Both of my earnings plays, WETF and FBHS, were spectacular. There is something to be said about the Samurai trade too, as Japan is now on a 12 week winning streak, longest since 1959. The Yen is being walked down with honor.

HMC is a top 5 position of mine and WETF is seeing massive inflows because they manage two  very popular Japanese ETFs.

In 2013, I am all about wallboard and kitchen cabinetry. There are homes to be built and old ones to be renewed. When summer hits, hurricanes will splish and splash and knock your stupid homes down. Shortly thereafter, you will require some wallboard, in which case transferring your FEMA checks to yours truly–a shareholder of USG.

AAPL is not participating in the rally and is tricking people into thinking we are done going higher. The Devil just text me “I am now a priest, flipping long to short.”

A great folly.

I blow the smoke from my pipe directly, mind you, into the nostrils of “The Devil.”

http://www.youtube.com/watch?v=GO_cX8Yh_RI

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12 comments

  1. JCraddock1

    Is that smoke from your pipe filled with $MJNA haha

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  2. STAug

    one of the best songs of all time

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  3. pouncencapture

    Careful about Sony (SNE), it might just be retesting a neckline (orange): http://screencast.com/t/njnAjszR

    Japan seems dangerous to me, in general, with its currency collapsing.

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    • The Fly

      Yen is being depreciated on purpose. You are an unparalleled fool.

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    • The Eye-Talian Stallion
      The Eye-Talian Stallion

      Just like MCD had a bad 2012, AAPL may have a bad 2013. Is that going out on a limb and will I get excoriated by the AAPL fanboys for stating such?

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  4. Freebie

    Devil is short Apple or short the market?

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  5. TraderCaddy

    “…longest since 1959”.
    I liked 1959.
    Lil’ TC and family hanging at Comiskey Park cheering for Go Go Sox- Early Wynn, Nellie Fox, Luis Aparicio and then to Wrigley- Ernie Banks, Ron Santo, Billy Williams.
    And then there was our new Ford Galaxy 500 and Philco TV.
    Living life large in 1st Grade.

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  6. 88888s Account

    When does the oil price take the pants off the Yen short?

    The end of the ‘no brainer’ has a vast vacuum beneath

    Energy importing country about to suck up 15% oil/gas Yen inflation

    There will be blood

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  7. cbgraper

    what do people think about USG going into earnings?

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  8. juice

    le flea vs la devil … epic

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