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
23,431 Blog Posts

S.H.O.M.P.

ppt

The oversold signal of The PPT wins again.

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7 comments

  1. UncleBuccs

    “P-uh P-uh T-eut” …that’s the sound the Bears will make when spitting out their teeth that are about to get kicked in.

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    • UncleBuccs

      I’ve yet to experience, but can only imagine spitting one’s broken teeth out is incredibly humiliating….and painful

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  2. chuckem

    .

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  3. forgetalpha

    Please refer the resident permabear to the PPT.

    Glad to see you are getting back on your feet Fly, and sticking to your guns while still being honest and straightforward (and entertaining).

    Also very refreshing that you post your actual trading recommendations out there for everyone to see, and don’t step back a few weeks/months later when they don’t work out, claiming that “you never said to go long on that day”.

    Some others (well other, singular really) on ibank are resorting to the tried and true method of professional marketwatch or CNBC pundits. Posting a short piece on a stock, having it rip in the ensuing weeks, and then coming back to say that it wasnt a real time rec. Sorry to harp on this, but it’s by far the most frustrating aspect of the stock market blogosphere. They (he) should take a note from you….stick you neck out, lay in on the line, etc etc….at least have a spine and admit you’re wrong if that happens to be the case like you did, and then bask in the glory of proving your haters wrong as you make the comeback.

    Enjoy your weekend

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  4. razorsedge

    as for the israel/palistine conflict .i was not asking who’s side you were on, but rather the affect on the market. israel now has ground troops in and gold is a buy, imo.

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  5. razorsedge

    but then i always have thought gold was/is a buy…lol

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