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
20,688 Blog Posts

Kill The Bear-Shitters!

For some reason they (bearshitters) think they will get away with this shit. You know, the “fuck the bulls during Thanksgiving” routine, via short sales.

While it’s true, our wonderful bankers gave them something to chew on; the market is still cheap–historically.

Like I said before, the best way to play this bounce is through the beaten down winners.

Having a touch of the “battered wife syndrome,” “The Fly” will excuse himself from any further dip buying. Instead, he will look to take some stock off the table, when appropriate, in order to preserve mental health.

However, if I were in cash, I’d buy VMI, GRMN, LZ, BWLD, GLF, CN, FMCN, RS and RIMM with both hands.

Additionally, it’s worth noting, what’s good for WMT should bode well for TGT. I think that fucker is cheap here.

I’ll have you know, TGT is a core position of Mrs. Fly.

Finally, understand that this is merely a relief rally and does not mean we will mud stomp the bears–from now until turkey day.

All I’m saying is: “kill the bear-shitters,” if only for one day.

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29 comments

  1. WildWestie

    Hmmmm, no MVIS on the “buy with both hands” list. This stock has been broken ever since the MOT announcement. When does the run up to CES start?

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  2. The Fly

    I have to obey the trend, not chart mind you.

    This stock is broken.

    Historically, CES plays run after Thanks Giving.

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  3. The Fly

    Duc:

    It was approved. Check your email.

    WP is fucking up with the emails. If you don’t have a pw, try another email address and I’ll approve it too.

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  4. Juice

    Ducati, admit it; after all that lovely work you posted as the last weekend blogger, your pissed because Mr Fly didn’t include you as an internet friend?

    I don’t blame you.

    Fry, give him one of those coveted spots.

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  5. The Fly

    If any of you Peanut Gallery fuckers have not received a password from WP, let me know.

    I can assign one.

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  6. WildWestie

    OK, I’m a trend chompin’ fool. My bad.

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  7. Woodshedder

    Fly, glad to see you’re in the “its a relief rally” camp, not a V bottom.

    I was getting worried earlier.

    Mainly because I have not found it profitable to trade against you.

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  8. alphadawgg

    Wouldn’t it be appropriate at this time to post the “I’m Gonna Kill the Bear” video? I like that one.

    That’s a better “Behold!”, IMO, than the golden bear (palladium bear viz. JJ).

    Maybe even leave it up for all the troops who need to get fired up and “buy with both hands”.

    Just a thought.

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  9. Juju bear

    Fly’s blog is for asshats. LOL!

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  10. gappingandyapping

    JCG should be bought here.

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  11. Jake Gint

    XBD looks tasty here. As in hunny to the bahrs.

    This guy is known as “Pattern Trader” at Gary’s blog, and he’s pretty good if you’re into “Chart Chomping.”

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  12. Tony

    MVIS is def BROKE DICK.

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  13. Juice

    Jake the bearshitter

    are you old?

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  14. Alvari40

    Fly,

    Did you steal the Time Machine from The Predictors?

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  15. Woodshedder

    My charts are better.

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  16. Dinosaur Trader

    JJ,

    SWC going lower on a day the market up almost 200. What a mess! Oh, and how does that 20 point squeeze in FSLR feel today?

    Idiot.

    -DT

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  17. Woodshedder

    Hmmmm….Nasdaq reversal? That QID is gonna look like manna…

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  18. Fly Swatter

    Hey Fly boy, the bears are still in control, no matter how high you wave those pom-poms. Use today to get short, bud.

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  19. CapitalGame

    Any rumors on ETrade or is this a deadcat bounce ? I’m being richly rewarded for buying all the way down to $3.50 yesterday.

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  20. Anybody pick up any SAM on this last dip?

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  21. yeomps

    I’ve been watching DRYS for the last few weeks. This looks like a great place to get in. Check the fundamentals on this one. Beware, though, this is a volitile bastard.

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  22. Fly Swatter

    ETFC is a dead cat bounce (fuck you PETA, it’s a common Wall Street term).

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  23. Alvari40

    Mark today as the greatest “Fuck You Shorts” day in 2007. Up over 400 points at the close.

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  24. Jake Gint

    I told you not to hit the hard stuff before 2:00 pm, Alvi.

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  25. newequity

    shorts are fucked,

    momo names running a marathon today.

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  26. Employee8

    Anonymous ….. SAM loses its head every year around the holidays … the fiz won’t be back until spring!

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  27. mrkcbill

    Grant for VP

    I’m thinking about hanging out at Bilderbergs place….I hear he doesn’t even have to work.

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