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
23,417 Blog Posts

A Deceptive Day

With the Dow Jones +170, one would think everyone who was long was banking coin, no?

The truth is, not everyone can be as cool as me, gallivanting (no homo) about town, almost gliding, making tremendous progress in the capital markets. I am what some might call “an expert” in the arts of proper money management.

Now some of you are still living in the past, relishing in an era when Le Fly got tossed into an idle alligator pit with his Four horsemen of financial ruin. I’m gonna need you to get in the now, son.

See, on Friday, the market was down 300 and I was barely down. Today, the market is up 150 and I am up 0.5%. Do you know where that puts me year to date?

I’m nearing +15%, son. I have little time to play games with the likes of you, as I have bottles of wine to devour and a certain Mrs. Fly LOOMING in the background trying to control me. “The Fly” cannot and will not be controlled. He is like an atom bomb over Moscow, in the winter. Was it the fall out or the winter that made it snow? No one knows. But it’s snowing, nevertheless.

Yes, it’s true, my largest position is HABT and I’ve been reticent about revealing the size of my positions for sometime. Anyone inside of The PPT knows that I’ve been concerned that a certain vindictive billionaire was targeting my positions for rapid deployment, down the sewer pipe. Remember kids, it’s not paranoia when someone is really out to get you.

Alas, I am out in the clear now, with gargantuan gains and a chest filled with animalistic vengeance. FL, my second largest position, continues to press forward and my scheme for “motherfucking redemption” is coming together, thus far, in 2015.

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23 comments

  1. clegger_2000

    Grady: My girls, sir, they didn’t care for the Overlook at first. One of them actually stole a pack of matches and tried to burn it down. But I… CORRECTED them, sir. And when my wife tried to prevent me from doing my duty, I CORRECTED her.

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  2. tradercaddy

    So if Mrs. Fly tells you no blogging like she did on your island vacation several years ago one assumes that you will reply with a no and that you can’t be controlled?

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  3. badduck

    The scary thing is we seem to have almost the exact same taste in music.

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  4. badduck

    Although I don’t see any KL, where’s the Kendrick, Monsieur Fly? Ya bish?

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  5. matt_bear

    i appreciate the transformers references the last couple of posts. brings me back to childhood.

    going to the movies to see Optimus Prime dying in the cartoon movie was a bad night for me. Still haunts me.

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    • Dr. Fly

      I read about the background of that movie. Capitalism is what made the movie great. The toy makers insisted that the writers kill off a bunch of popular robots in order to introduce new ones.

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      • matt_bear

        yeah, didn’t know it at the time, but as i got older it was pretty obvious what went on with that. lol

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      • matt_bear

        you should watch it on youtube. The first 10-12 minutes of the movie is all you need to watch. It’s basically a toy blood bath.

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        • Dr. Fly

          My favorite part of the movie stars none other than Orsen Welles, which I intend to highlight during a Saturday of my choosing one day.

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  6. jersey whale

    Trans’d formers

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  7. it is showtime

    Warnings

    “David Stockman Warns ‘It’s One Of The Scariest Moments In History'”
    “Bill Gross: ‘Central Banks Have Gone Too Far In Their Efforts'”
    “What’s America’s Fragility Score?” (poor: 4 out of 5 Fragility)
    “NFIB Chief Economist Warns ‘Bubble In US Net Worth Unsustainable'”
    “Mark Cuban Warns: This Bubble Is Far Worse Than 2000 Tech”
    “China Slashes Growth Target, Warns ‘Downward Pressure Growing'”
    “Bernanke Wants The US President To Declare ‘Economic Emergencies’ In Future”

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    • Dr. Fly

      I piss on all of those quotes.

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      • it is showtime

        Even Cuban’s?

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        • Dr. Fly

          ESPECIALLY CUBAN’s. He’s a child.

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        • sierra water

          2015.75 says armstrong, the Big Bang. but he says it could be a quick down and then back up.. In 2032, we all are going to die a certain death if you look at his tomfoolery of death ECM charts.

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    • it is showtime

      yes i know (eyeroll) we’ve gotten these (eyeroll) going 3yrs back

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    • longview

      I’d be more compelled to think the market was near a top if all those characters were screaming that things looked good and the market will work higher.

      In fact when I saw this post I thought you meant it as a contra-indicator.

      Time will tell.

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      • it is showtime

        They are right. Not contrarian, They, are right simple as that

        It is (and shows) the extent & grasp of C-Bs on futures, lower upper ranges, support levels. You may not realize how much under-control, indexes are.

        We have what is supposed to be a free-market system. It’s an interfered-market to say the least, in equities. But they are right. Has nothing to do with top/tops/topcalling/contrarian/bearish reversing

        Objective honest look says they are right

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    • og

      Some many bears got hard ons last Friday.

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  8. moneybagz

    SP500 ends year at 2500 write it down

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  9. smartestone

    LL..will it do a GTAT

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