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
19,835 Blog Posts

Still Hitting New Highs

I’m hitting new highs again, yet I haven’t had a big break-through. I am waiting, ever-so-patiently. Over the previous two sessions, I was down early but came back to close in the black. I am so black right now, call me Bill Cosby.

The top picks have to remain the same, since I haven’t Mt. St. Helens yet.

IMMR, GS, O and FWM are my top holdings. Secondary positions include WETF, USG, SHLD, AMBA, SCTY, FRO and several old man stocks.

I’m doing it plebs, pushing the pedal all the way down to the ground, ignoring caution, leveraged 125% long into what I see as “an opportunity.”

If you’re the scared type, go away. You are visiting the wrong financial blogger.

http://www.youtube.com/watch?v=2YcIgow6TDk

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22 comments

  1. the pirate

    Fly, thoughts on ALJ?

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    • The Fly

      You need to watch the WTI-Brent crude spread. Right now it’s only $2.61. This is a world of pain for the refiners. Now, will the spead widen again?

      Most experts believe fv for the spread is about +$13. I think it’s going to reverse very soon and crush some people.

      Avoid refiners until they flush out. They are setting up to buy, but not yet.

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  2. longview

    Excelsior!

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  3. wtf!

    Fly,
    I fear for your goldmember. D(Dick)-Day is fast approaching and GS is drooping lower and lower.

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    • The Fly

      Remember when I said I’d castrate myself?

      I Lied (extra Arnold).

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      • wtf!

        Commando, right? When he was dangling that little turd over the cliff with one hand. That almost unknown movie spawned a whole bunch of revenge/rescue the daughter or other family member movies such as the excellent Taken with Liam.

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        • The Fly

          Unknown movie?

          you must be very young. Commando was the shit.

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          • wtf!

            Don’t get all bent out of shape—-Let off some steam Bennett (full Ahnold)

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          • wtf!

            BTW, I did not say that it was unknown but rather almost unknown. Furthermore I did not say that it was not the shit, and in fact implicitly praised same as the precursor to other similar type movies which followed in its wake.

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          • Devil

            YOU ARE A YOUNG PUNK!!

            Identify yourself.

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          • wtf!

            No, I am an old punk and thought that I was the only one who remembered that movie.
            Moreover, GET BEHIND ME SATAN!!

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          • Frog

            The real Satan is on vacation in the summer.

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  4. Smithfield Foods
    Smithfield Foods

    Sorry Fly. We’re going to have to sever our IBC sponsorship following that Bing Crosby comment.

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  5. Jules

    The new Jay-Z album is Fly (Sans Le).

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  6. Brian

    22 comments. 2 of them smart. This was not one of the smart ones.

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