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
20,803 Blog Posts

Pretzels and Hot Dogs

Sure, why not go up a hundred today?

When insanity prevails, reason is discarded like an old banana peel.

For the most part, “The Fly” is not hurt by today’s melt up. My FXP purchase was all done under $71 and SKF is up, mainly due to financial stocks blowing pole.

Unfortunately, I am not a big believer in this rally—considering how dumb and foolish Mr. Bernanke’s beard looks.

But, I’m not selling anymore tech or ag stocks. My only form of defense will come via FXP or SKF purchases. If “The Fly” were to” sell it all,” and the market went higher, he might be forced to sell hot pretzels or knishes, on a filthy NYC street corner.

With my money, I like the oils, ag and networkers, limited to CSCO, JNPR and FFIV.

And, of course, I will use this rally to buy more FXP.

Viz.

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62 comments

  1. CubsRock

    JNPR to $36, woo woo!

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  2. The Fly

    Hey Dude, cut it out.

    You’re not allowed to say queer shit like “woo, woo” here.

    This site is about sharp violent attacks on the elderly type, while caffeinating ourselves.

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  3. PolishedKnob

    lmfao!!!!!

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  4. spencerpratt

    FIRST!

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  5. ShortDaBull

    “spencerpratt Says:

    FIRST!”

    delayed blogging 🙂

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  6. alphadawgg

    CSCO buy under $30 is good.

    MOS in Ag.

    PBR is melting up.

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  7. spencerpratt

    in jest bull

    and dont use a fucking smiley face

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  8. The Fly

    sell it all.

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  9. ottnott

    Perhaps it is a fellating smiley face. We should allow those.

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  10. ShortDaBull

    i agree the smiley face is quite gay 🙁

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  11. Alvari40

    That’s it. The market has no faith in the Bearded One. I am going into full hedge mode holding solid performers only (long). AAPL, BRK.b, APA, DBA, etc. I have put on short Future Hedges as well. This is not good for the longs. This meltdown of the meltup of the meltdown of the meltup tells me that…..I need a fucking drink. Bottom line, this poor performance after the open tells me the bears are not hibernating and the are on the prowl looking for the bearded on to rip him a new ass for being a weak, undecisive, poor communicative, global pleading bith. Put your hedges on NOW!

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  12. Alvari40

    Where is that damn spell check?

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  13. Woodshedder

    Okay fuckers- let me ask again, since you were all so busy with your self-congratulatory wanking that you couldn’t answer me.

    Will the bulls give up if we gap and crap today?

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  14. Raptor

    This is the Raptor speaking:

    It’s simply astounding – everybody still invested in this dog of a market was given a golden opportunity to unload today after last night’s hammering. Central banks cannot prevent recessions – jesus!

    When you trade/invest with your heart instead of your brain (Mr. Alvari40 being an extreme case) things will turn sour.

    Whatever, I’m not posting ever again on this retarded blog run by a man who lost 20% of his YTD gain in less than 2 months (my clients, of course, would never “allow” that)!

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  15. The Fly

    use firefox, as mdawz says.

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  16. The Fly

    THIS IS FLY SPEAKING:

    EAT A SANDWICH.

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  17. kmorph

    I put 50k of my parents’ money in PBR 2 years ago at $30, split-adjusted. Why the fuck did I get out myself at $65?

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  18. JakeGrinch

    For my money, I like knishes here.

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  19. JakeGrinch

    That said, I like knishes almost any time, and they are in scant supply out here in Flyover.

    Maybe I shall open a Knishery.

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  20. spencerpratt

    im thinking PAL

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  21. The Fly

    Let me try that…

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  22. Bison Burger

    ABK appears to be eating shit and dying once again.

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  23. The Fly

    Oh isn’t that amusing?

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  24. mrkcbill

    Maybe I shall open a Knishery.

    LOL!

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  25. The Fly

    Fly, wtf? Anyone can post as you?

    Security Breach! Security Breach!

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  26. CAP

    This rally has receded faster than Cramers hairline. If we don’t see any fire works in the last 2 hours we can write the 2003-2008 bull market into the obituary.

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  27. Alvari40

    Investing with my heart instead of brain? Not sure what you are talking about. I am still 50% cash and now have put on hedges for my remaining 50% long. I am a bull in my rants because I DO WANT THE FUCKING MARKET TO GO UP but my actions in the markets are based on a reasonable, rational assessment of the technicals and fundamentals. Hell, even if I was 80% cash, I would still be screaming for bullish moves. That’s all – now go away like you promised.

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  28. JakeGint

    Okay, sorry, I see that yours has the underlined.

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  29. JakeGint

    Come to my greasy, honey-stained paws…

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  30. Larry Fink

    I bought Raptor’s subprime mortgage

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  31. CAP

    Anyone who got filled on SKF under $90 today got a real gift. Got 4 fills between $90-92. Under $100 still looks good.

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  32. JakeGint

    I’m heartened that there are no bullshit “underlines” under my “Knishery” idea.

    Ensuring that my long term plan to become “The Knish King” is still in play.

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  33. mrkcbill

    Jake, “The Knish King” Pitch it to Howard

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  34. ottnott

    We need a blue line contest in the Peanut Gallery.

    Or here, if the market is down 300 at the end of the day.

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  35. The Fly

    impostor Fly out here.

    Kill him.

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  36. ottnott

    Whoa.

    Ditch the blue lines, Fly.

    They are slowing down the page loading big time.

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  37. The REAL Fly you fucktards
    The REAL Fly you fucktards

    To the imposters:

    Your all loosers

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  38. Sergey Brin

    I win again!

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  39. Frosty

    WOOD…what changed today, the answer of course is nothing…whether we go red today or continue down thurdays really matters not…another hit to bull confidence is all that realy matters…so some baby bears were burned this morning, there is no sign of real buyers, imganie that.

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  40. The Fly

    Ott:

    The blue lines aka revenue generators are not slowing the page loads.

    It’s your bullshit computer.

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  41. kmorph

    Folks,

    The buzz is Vietnam is the next Asian economy to skyrocket. I could sure use some recommendation on how put some of my money to work there.

    Thanks!

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  42. Alvari40

    Nice to finally hear someone say on air that they are sick of greasy Charlie Gasparino.

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  43. newequity

    how much revenue did this website generate for the month? $500? $5000?

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  44. Alvari40

    FWIW,

    My intraday indicators are showing a bullish convergence for the remainder of the day. Whooo Whooo!

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  45. Alvari40

    Market was up 95 Dow points when I made this call.

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  46. Sir Douchebag

    so now you “don’t believe”?

    Again, do you have any kind of system or are you just another lemming that watches CNBC and goes whatever way the wind blows?

    Must be awfully expensive to trade without a system.

    Like people are going to bail out of China stocks the year before an election and Olympics. Nice call on FXP.

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  47. The Fly

    I’ll have you all know that stock trading robots and underlined names are shit.

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  48. DPeezy

    How about a late-day bounce to set another bull-trap?

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  49. The Fly

    Fly impostor alert!!!

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  50. JakeGint

    Did some of you miss our bed time story?

    Good Night Moon?

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  51. JakeGint

    Okay, what’s the story with the Fly imposter. How do we know who is who?

    Are telling me you let Jeremy and Danny post as you?

    That’s disappointing.

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  52. CubsRock

    JNPR woo, CSCO woo VMW woo, all stocks Woo!

    http://www.youtube.com/watch?v=JWVANXRKqvY

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  53. The Fly

    Fly impostor in the comments section.

    I’d rather have my head sawed off, before I let someone post for me.

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  54. JakeGint

    Lung sac sez:

    Market was up 95 Dow points when I made this call.

    Now it’s up 91.

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  55. The Chad

    I think the impostor is saying that we can all post as the “The Fly”.

    Go on, you try it!

    Maybe we should all just agree not to do it… I’d personally be pissed if I started buying FXP because of some asshole impostor. Oh wait… shit.

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  56. Jake,

    I’ll go long here 2 Dow E Mini Futures till the end of the day, if you go short the same amount. I will take 1/2 of my proceeds and donate to Fly so that we dont have any more of those annoying nderlines.

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  57. The Fly

    Blue underline=comedy gold.

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  58. Alvari40

    Jake,

    Anonymous was me.

    BTW,

    I will take my bullish rants and go away for 1-week if we close lower than 85 on the Dow.

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  59. Woodshedder

    No Alvari, don’t do that. The banter is good. Losing a bet and quitting is no good. Just accept defeat, but don’t go away. I enjoy the back and forth.

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  60. JakeGint

    Yes, I wouldn’t want to see you go away, either.

    And Fly doesn’t need our donations.

    Nor does he need those cheapo, low-rent, AOL-like blue underlined thingies.

    And no, I’m not going to download Godzilla, or Angleo Mozila, or any of that shit.

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  61. JakeGint

    Besides, if you go away, to whom will I gloat?

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  62. Alvari40

    Ahhhhh….your comments are heart warming! Seven minutes left to get to 85!!!! C’mon you pig!

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