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
23,474 Blog Posts

LONG AMERICA

I just read an amazing story that said Jordon Belfort, scum bag from Wolf on Wall Street, made over $100 million over the past year and will be able to pay back all of the people he ripped off. That truly is amazing and can only happen in America. This sort of stuff could never happen in 3rd world countries, like Canada, where people suck down glasses of mapled syrup for breakfast. You bastards should kiss the ground you walk on and give thanks that you were born into this great empire, and not some off-shot slum in Mexico.

I’d like to give you good folks some hard opinions here about the market. However, I’m like a vagabond now, in search of destination and purpose. Sure, I own a bunch of stocks. I even own QQQ, betting on the NASDAQ like an OTB gent. But it’s all a crapshot from here on out. Nevertheless, I do believe, at some point, there will be an asymmetrical trade to be had in the tech sector. Maybe the CRM numbers will stoke the flames?

All I know is this: earnings are behind us. Without negative headlines to scare the wits out of the canaille, there is a distinct possibility that we can rally super hard (extra viagra) from here until the end of June. It might fascinate people to the point of becoming stupid again, buying old wares, seahag stocks like FEYE and SPLK again. For me, it will be incredibly trying to get me back into those sort of demon stocks again. Having said that, I do understand the only way I stand a chance at saving my 2014 is to partake in debauchery aka “an epic trading moment,” the type of opportunity that you tell the grandkids by the fireside, as you gently roast an enemy in the flames.

But this is all fantasy, as I am stuck in the mud of mediocrity, or worse. The way I see it, the longer I can weather the proverbial storm, gather my senses and stabilize my assets, the better chance I have. It’s a very basic thing to understand, quite frankly, as I am simply better than most. I see things more clearly, and possess the talents that were bestowed unto me via genetic traits, to outperform you.

Time is on my side. All I need now is a few goddamn good ideas.

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17 comments

  1. dragun

    Fly, you must have worked the phones pretty hard over the weekend to get uncle Vlad to pull back the troops from Ukraine, just as you prophesized on Friday. Just get the Chinese cousins to back off and we might just get a rally here

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  2. the pirate

    The ‘Fly’ may the dream of Nicoli Koloff (extra Rocky IV):

    [at the Balboa-Drago press conference] It is a matter of size yeeees? Evolution. Isn’t it, geeeeentlemen? (Extra Heavy russian accent) The ‘Fly’ has the size, the strength, and even the *genetics* to win… It is physically impossible for these other puny little traders to win against him. Comrades: the ‘Fly’ is a look at the future!!!

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  3. clegger_2000

    India is all the rage these days.

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  4. sk

    I read that story too. Belfort seems like a real talent actually– Guys like that have 1000 lives.

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  5. budh

    Mexico is better than most places in the world. At least you can walk here from there. I don’t understand what’s wrong with Mexico. It’s a beautiful country, with a hard working people and rich in natural resources.

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    • Dr. Fly

      The problem with Mexico is that it’s filled with Mexicans (extra Longshanks).

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      • budh

        Ugh!

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      • budh

        I’d put more blame on rich American drug addicts. Mexicans are beautiful people. except for the drug cartels who cause much havoc and disorder in the country.

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        • fluxcapacitor

          Blame it on the prohibitionist ass-o-crats and assorted cronies who’ve been running US public policy for the last 100 years.

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          • xochi

            Mexico is a most amazingly beautiful place. Shines through all the decrepitude, which proves it. The people are great because they know how to raise children. I think this might be a pre-columbian cultural artifact.

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          • xochi

            p.s. JAZZ!

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          • budh

            I suppose there’s always someone else to blame.

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          • xochi

            heheheh GOGO too

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  6. anton

    Leveraged long Stratton Oakmont

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  7. jules

    The US is Canada’s Mexico.

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