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
19,850 Blog Posts

Too Busy to Lose Money

Because LEH reported better-than-expected numbers, with little write downs, I’m encouraged to sell it short.

In my opinion, there is no fucking way those ‘tards got the credit crisis right. They get everything wrong.

As you can see, my new sector spotlight (see charts on front page) is “bear market,” which entails a variety of inverse ETF’s. Learn from that shit, hatfucker.

Apparently, it looks like the mentally ill trading robots on the NYSE will push the market green. Look for bounces in anything but financials.

However, I have zero interest, whatsoever, to buy stock here.

Instead, I will sit here, throwing candy canes at the pancaked faces on CNBC, while guzzling large quantities of Monster Energy Soda, barbarian style.

With my money, I want to add to SKF and FXP.

On the long side, I like the action in HANS and MVIS.

In short, “The Fly” doesn’t have fucking time to lose money. He’s too busy with Godly affairs, such as: “How to hit your trader/servant with a marble statue from 50 ft away” or “Where to hide your illegal workers, when the authorities come looking.”

Developing…

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31 comments

  1. broken A

    VMW shit the shower…

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  2. Bison Burger

    Solar Fun: Word is they are still looking for the 60th vote in the Senate to file cloture on the energy bill.

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  3. Leawoodblues

    Did CCJ just announce they are going into biotech?

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  4. Bison Burger

    The ag stocks will move too.

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  5. Woodshedder

    Honey hole, oh honey hole
    You’ve “Ben” so good to me
    Let me feast a few more days
    Then back in the trees I be

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  6. kmorph

    Folks, CE is looking real good.

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  7. TraderCaddy

    NBIX is @5.00. I remember about two years ago when it was at 80 and all of the research (and I use the term loosely) were touting it.

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  8. Get Shorty

    How can such a (financials) crowded trade possibly work for much longer?

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  9. Dinosaur Trader

    Woody definitely called the “honey hole.”

    -DT

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  10. Leawoodblues

    TSO must have WM and CFC in their short term investments line.

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  11. SaNTa

    I am too stupid not to loose money.

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  12. mrkcbill

    Leawood– What do you do if you have 100,000 CD @ WM? When do we see a little panic set in-. Kind of scary.

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  13. Leawoodblues

    KC-
    put FDIC on your speed dial

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  14. mrkcbill

    LOL!–Being Rich is such a GodDamn Burden.

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  15. BSC

    Stop beating me with an ugly stick!

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  16. alphadawgg

    Nothin’ like being stanky rich and having a hard time spending it all.

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  17. Ace Greenberg

    Even I am shorting BSC

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  18. Juju bear

    BSC or BCS. Doesn’t matter. Same thing.

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  19. PleaseKillMe

    Fly, I need you back in the game. My MVIS shorts are not getting filled.

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  20. Bison Burger

    I bank coin.

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  21. speaking of honey holes: anyone ever put honey in a hole & dine away?

    good stuff .. hence the origins of the bear aphorism

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  22. A Tokman

    PKM
    I’ll take all you’ve got. Offmarket at $3.5
    I need to cover my shorts.

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  23. Bison Burger

    Honey holes are for salad tossers.

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  24. TraderCaddy

    JBLU went into overdrive about ten minutes ago.

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  25. Woodshedder

    Bison, don’t be such a pussy. Everyone’s doing it

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  26. Bison Burger

    Fine, I’ll be a cunt instead.

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  27. JakeGrinch

    Good call on Lie-man Bros, Fly. Looks like no one else believes their bullschist either.

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  28. Woodshedder

    Jake, you lovin that GES?

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  29. JakeGrinch

    Shed —

    My greasy paws are full of that honey.

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