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
23,432 Blog Posts

Let the Allocation Commence

I will begin allocating capital today, self funded, for the explicit purposes of achieving extreme gluttony through stock market winship. I will be doing this in stages, with some dollars earmarked for short term opportunities, others for high beta longer term holds and finally a portfolio that is designed to last the test of time–even very cold nuclear winters. It is my belief, very sincerely, that the market is on the verge of going ape to the upside, banana and all. Therefore, virtually anything that I buy now, sans an earnings shortfall, should be profitable within days or weeks of my actions.

For the time being, the hottest short term stocks lies in China (pun intended). Their markets have done very well over the past two months and we are seeing strong momentum to the upside. I have one particular name that I want to buy and will talk about it shortly.

Stay tuned.

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12 comments

  1. David

    DE has dropped from $94 to $85. There has to be a trade here soon. What are your thoughts Fly?

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  2. Flyboy

    buy NUGT

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  3. xxxHuggieBearxxx D.P.M
    xxxHuggieBearxxx D.P.M

    Have a boatload of TNA…rocky ride. PappaBear Needs to see 75.

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  4. Flyboy

    buy GDRZF

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  5. John

    That cake looks quite tasty.

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  6. JPMorgains

    TOUR going ham.

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  7. Noni Kavuri

    any of you guys get the feeling GOGO wants to go go? It’s been consolidating for 3 weeks now.

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  8. J Livermore

    I sense full on running naked retardation to the upside for this market.

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