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
23,466 Blog Posts

ATTENTION DRUNKARDS IN CONGRESS: The Balls Are in Your Court

The markets have spoken. I am sure many of you will do the inverse of what the markets wants, for reasons unbeknownst to me.

I appreciated the theatre. Many of you are true entertainers, reminiscent of olde fashioned minstrel shows. But it’s time to get to work again, banking coin in the stock market like a thief in the night, inside of an unsecured museum of fine arts.

I was +3.2% for the session.

 

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14 comments

  1. zombie

    The Fly is God.

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    • matt_bear

      how are you the first post, always posting that he is god, whenever it’s a blog about being up on the session?

      I’m onto you.

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  2. flyaway17

    I bought AEO and GOGO today. Waiting for my partner, Mr. Partridge, to report 🙂

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    • mr.partridge

      I bought 14 new stocks today…. will buy 10 more tomorrow… I simply own what every blogger on this site does.. see what happens lmao..
      I day-traded DGAZ today bought at the bottom and sold at the top – I have been told this is how you do it… I am really trying.
      PS: DUST baby 🙂 I might tattoo myself with this ticker on my ass.

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      • tradercaddy

        I started positions last week in GDXJ etf,ABX,HL last week.
        I added this AM some more GDXJ, some CDE.
        It looks to me like the miners are basing (again) but this time could be good for huge gains (no Jake Gint).
        I know the news these days re: Congress is suppose to hurt gold but I believe it’s been priced in and the miners (especially the smaller ones) to me look like 1985 all over again.
        I know you have made good $$ in DUST but I see a medium term reversal building.
        Of course, I ain’t sticking around long if I am wrong.

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    • mr.partridge

      you know I love GOGO and I love and collect funny ticker names FOX is my fave

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  3. flyaway17

    By the way, where has Chuck been, I see IOC finally bounced today, was thinking of buying some. And the Devil’s whereabouts? I sure hope he sold CNDO before they released the results of their study. He’s a pro so I’m sure he did.

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  4. tradercaddy

    As I indicated the other day I have some concern about the quality of earnings.
    I also know to watch to see how a stock reacts to same.
    INTC wasn’t that good but the stock turned around and I thought BAC was so so but it went up.
    IBM,XLNX,EBAY are blowing chunks in the AH.
    IF GS is not good in the AM but the stock goes up and the three aforementioned stocks also go up then that would be word that we will NEVER have a correction or a bear market (at least in my lifetime which ain’t that long).

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  5. matt_bear

    Earl Grey time. Cheers, gents.

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