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

YOU CANNOT STOP THE COCAINE TRAIN

Many markets, many things, have attempted to destroy this market–but all have come up Webster. Make no mistake, I’ve been known to have down periods, spurred on by plagues and blackness–but nothing has stopped me from forging ahead–thanks to the miracle on Wall Street.

Nothing has changed from two days ago, but the headlines on the teevee box predicting doom. Feel free to urinate on your televisions before throwing them out of your window.

The housing market is setting up for unparalleled decadence. Men will buy real estate during lunch breaks and sell them for profit at dinner.  Frocks will become stylish again and contact lenses will be replaced by monocles.

Why bother buying a new SUV when there are plenty of calashes available for purchase?

The losses are painful and we all want to kill ourselves now. I get it.

But don’t do it! Before you know it, great whores will suckle from your anatomy and the stock market will soar to new heights, giving license to move around freely–spending money like a addicted heroin fiend in an afghan poppy field.

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29 comments

  1. The Zombie

    The Fly is God.

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  2. Zero Dark Kitty

    There will be parties where neuvo rich fracking millionaires use 3-D printers and cocaine to make busts of their likeness.

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  3. JB

    “Nothing has changed from two days ago” – wrong!! .. Risk has changed..

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  4. The Child Of God

    http://www.youtube.com/watch?v=jllJ-HeErjU

    Just buy the dip

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  5. ruggyup

    Cocaine trains are historically subject to derailment. There will be short terms where zombies have nothing to eat but each other. Homo only a sidebar.

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  6. dave

    The Secretary of Agriculture (Tom Ballsack) former Democratic Governor of Iowa is threatening to furlough meat inspectors, which will disrupt meat supplies, if sequestration occurs.

    Fucking politicians.

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    • Cascadian

      We need leadership that will motivate employees to step it up in the face of a weak economy, to serve the people and their customers. As has the private sector improved productivity and efforts and energy in the workplace. Improve or die, except in the government sector. A dysfunctional gov’t entity does not fail, it gets more $.

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    • logicalthought

      >>The Secretary of Agriculture… is threatening to furlough meat inspectors, which will disrupt meat supplies.<<

      Then how will great whores suckle from our anatomy?

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  7. charlie

    I do not like to see you give back coin, senor. But you do have other work to occupy your mind – the blog reviews.

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

    Housing inventory here is at a five year low. 16 % increase in sold homes last year and prices are spiking. Of course I live in a red state with no unions, corruption or gubberment intrusions.

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  9. Dynomite

    Fly, serious question. What did you do about the AAPL calls? Have you disposed them?

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    • The Fly

      I haven’t bought them yet.

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      • Omeizer

        Me neither. Patience will be key. No mitigating factors yet… I am all out of proverbial types of responses to why I haven’t bought Apple calls either.

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  10. clegger_2000

    “Before you know it, great whores will suckle from your anatomy”

    Now is that one at a time or group mode?

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  11. the raconteur

    Take a look at containerboard names (IP, RKT, PKG) – they are running on unconfirmed reports from DB on another price hike. Georgia-Pacific supposedly raised prices $50/ton for early April shipments and given their large portion of the market (~15% share) I expect others to follow.

    Industry went thru drastic consolidation and is basically a cartel now with huge leverage to price hikes due to large fixed costs. Take a look for yourself, I would expect a man well versed in economics such as yourself can easily appreciate the situation.

    I confirmed with industry sources on the price hike but the market is still pricing in uncertainty. If they get this, there is easily 15% upside from here (probably much more).

    Just wanted to pass along for all your effort on the site. I would be a buyer of RKT here given higher relative earnings leverage to the price hike and other company specific catalysts (notably mill improvement and synergy ramp up).

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  12. Vertigo

    I’ll take some $KORS here at 59.25

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  13. Vertigo

    There is no state in the union sans government corruption.

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  14. razorsedge

    i will have to stop using cocain and go back to making meth in the garage. it was fun while it lasted…sigh….

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  15. razorsedge

    hey isrg, lookin good

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  16. xxxHuggieBearxxx

    We have a bloodbath on our hands.

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  17. razorsedge

    anybody in prkr?

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  18. TypeBTrading

    “Frocks will become stylish again and contact lenses will be replaced by monocles.”

    Genius and quote of the month in my opinion. I purchased several short sale properties in Hyde Park and scheduled dinner a Spiaggia to unload said properties while gorging myself with lobster and 20 oz prime rib.

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  19. Clock

    “….contact lenses will be replaced by monocles.”

    YES!!

    The monocle allows for that distinguished appearence…….Top hat, white gloves, and monocle.

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