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

Video Presentation: My Current Opinion of this Market

[youtube:https://www.youtube.com/watch?v=5mEHXYW1W6A 615 503]

 

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56 comments

  1. Rong Xu

    I beg forgiveness from the iBankCoin community. I foretold of great big bounce today, and it has not arrived. Me sorry. Please forgiveness.

    Sincerely,

    Rong Xu

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  2. Jerry

    Why really offends you, that you are a permabull or the other adjective?

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  3. ironbird

    “Nasdaq is 5% off it’s all time high. In just a matter of weeks.” CNBC These asshats make Ron Burgundy look like a genius.

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  4. Mr. President

    Lé Fly, have you tried slamming a couple Monstered Energy Sodas?

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  5. TraderCaddy

    We may be in the beginning of the rotation from developed markets to the emerging markets.
    For example look at last night.
    One would have expected a major sell off but it didn’t happen. The emerging markets were either up or down slightly.
    The hot money is moving from the winners of the last couple of years to the losers.
    EEM etf is up this AM (at least for now).
    The gold stocks will follow the emerging markets like they have the last couple of years (which was down).

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    • jules

      +1

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    • Ohthe BOMB

      What on earth do gold stocks have to do with “emerging markets”? You certainly are not implying that “Indian demand for gold jewelry” has anything significant to do with gold prices, are you?

      At least I certainly HOPE you are not!

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  6. ironbird

    FEYE is angry. Busy looking for a bald midget to hit.

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  7. Testicules

    nobody trusts e-mail anymore, gone back to winks/nods, decoder rings and flash paper

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    • The Fly

      So true. 10 out of 10 insider trading busts are backed up in court by private emails. It’s amazing that no one seems to find this wrong, how the govt can just tap into your privacy to convict you of a crime.

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      • Cascadian

        Maybe the problem is the crime and not the gov’t tapping into it.

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        • jules

          And the terrorists that they never find.

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          • Cascadian

            They can read my emails all they want. Just catch the bad guys who want to kill us. They will get bored as hell reading my shit. It’s crazy people will voluntarily post all about themselves to google and facebook, but get all upset about the men in black storing their old data.

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          • DirkD

            Whether or not a private citizen is doing anything illegal, a wholesale invasion of privacy by the government is absolutely unacceptable. This approach assumes everybody is a potential criminal. It spits in the face of due process, which begins with a reasonable suspicion of wrongdoing. Mass surveillance isn’t about fighting terror or keeping us safe, it’s about gauging public opinion in real time. Businesses use this information to better market to us, and governments use it to placate and control the population. We’ve been sold on the notion that it’s all done in the name of keeping us safe. If that’s a fringe benefit, great, but don’t kid yourself about why we’re really being monitored and why it’s not OK.

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          • metalleg

            Well said. Kudos to you.

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          • UncleBuccs

            Exactly

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        • ironbird

          Wtf? You must be Canadian.

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          • Cascadian

            I know it’s cool to be all upset over the NSA. But I think that’s just stupid. Data surfing to catch the bad guys is a good thing. Unless you are a criminal or want to kill people.

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          • ironbird

            Seek help.

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          • metalleg

            I am honoured to bestow upon you the iBankCoin Moron of the Day Award.

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          • elizamae

            I think the definition of “bad guys” is what scares most people.

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  8. Rong Xu

    YELP TO 70!!!!

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  9. Rong Xu

    Sincerely,

    Rong Xu

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  10. J Livermore

    SJM looks good, tastes good too

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  11. OG

    Bounce, fade, bounce, fade.

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  12. gatorsun

    Fly,,did you threaten me with physical harm via the internet?? Please confirm

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  13. razorsedge

    dont fear the reaper , buy insurance. (before you need it)

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  14. xxxhuggiebearxxx
    xxxhuggiebearxxx

    Shit is gettin real! This market is illin!

    How in the world is my EWZ performing like it is? This is the first time in two years ive been this much on the right side of the market. Let it continue.

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    • Jennifer

      Excellent trade. People are hiding in big cap low growth stocks and EMs

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  15. Jennifer

    ooh ooh i have a stock i want you to buy. it is worth $14 Billion and trades at 90 times trailing sales and is unprofitable. Its ONE OF THE VERY BEST COMPANIES IN THE MARKET.

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    • Robin

      Jennifer, how did your BALT short work out for you?

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    • Spud

      If you were really so good yourself, you’d be out there succeeding, instead of in here being nasty. Why did you pull your stocktwits ID? Can’t stand by what you type? Blocked too many times?

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      • Bill

        spud, u seem like a real fag, whats ur biggest position right now i am going to short it immediately

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        • Spud

          lol. The homophobe with the crush on Jennifer to the rescue.

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          • Bill

            well Jennifer is a man so that makes no sense, guess u r a dumb fag

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  16. BankinDaMonkey

    Fly, will you be a buyer of IFON after this blood letting?

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  17. mike hunt

    And, like I said last week Fly … the top is in.

    I was only a day or so out.

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  18. Jermey

    if you have dry powder, buy high beta complex here and sell wednesday/thursday. high chance of probability. better yet, do weekly options to define risk.

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  19. Jermey

    * high chance of success

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  20. Sam

    Senor, how are you doing? No updates since morning.

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    • Jermey

      Why of course he is adding to his list of “greatest stocks in the United States” and is thinking of a clever post.

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  21. zwolfe05

    FEYE trading like it wants all time LOWS. gtfo while you can. FLY said it himself. “looking for a bounce” i mean…gtfo!

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  22. ripper

    adding to AMZN, WDAY, SPLK, YELP, IFON ?

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  23. zwolfe05

    a “BOUNCE” that means the thing is DONE. GTFO of FEYE before its too late. u can trade around the momo, but there is zero reason to swing this stock long at the moment!

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  24. Jennifer

    Hi everyone – FEYE is on sale right now. It’s now “only” trading at just under 40 times trailing unprofitable sales. Get some while you can!

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    • Jennifer

      It’s the best bargain since buying perennial dog IFON AFTER it went up 500%. hehehehehe.

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  25. max_rene

    end of last year i was selling to early my gainers …now I am selling to late . Should have (20/20 hindsight) sold I was up 35% in NVLX on Friday….I guess this is the learning curve. Markets like this I need to sell earlier the few green I have

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  26. Jennifer

    Where is the fly, oh yea I forgot hes probably meeting with all of his “clients” to tell them he had their “millions” invested in a penny stock called IFON, loooollllllzzz

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  27. zwolfe05

    i feel horrible for all those who followed thefly when he was averaging into FEYE, WDAY, SPLK etc.

    very sad.

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  28. zwolfe05

    I forget IFON, so horrible. feeling badly for everyone!

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