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

Be a Man

…even if you’re not.

Quit relishing your new sweater and bullshit tube socks, fresh from under the decorated plastic tree in your living room.

I know, right now, all you want to do is coast, until after New Year’s. I suspect, you have a diet planned out—ready to finally shed 15 pounds. This year, you really will go to the gym; and you’re gonna make it big, right?

Fucking pussies. Get to work now. There’s plenty to be done.

For example: you should be preparing for the New Year heart attack tape. This market is going to get its teeth kicked in, during the first two weeks of 2008. Are you ready?

No, of course not. You believe in the “Santa Claus rally.” Then, in about two weeks, you will believe in the “January effect.”

Sheep.

With my money, I will sell into this benign tape, while preparing my next win. As you know, “The Fly” scored a major victory with [[VMI]]. More recently, I took a small floating trade on [[AGU]], and the stock has gone rocket ship since.

Profits will be taken.

NOTE: The Godly folks have inserted a quote system, found on the front page, for my pleasure. Enjoy it with my compliments.

NOTE II: In an effort to “prove” my market prowess, I will be releasing my iBankCoin Fly buy/sell performance data, every quarter— from here on. I believe Danny and Wood will do the same. It’s not a perfect system, since it will not include weightings and my real performance, via biggest holdings. However, it will identify my stock picking ability, which is top notch, as you know.

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17 comments

  1. JJ2000426

    The FLY:

    Buy some PAL. Any one without a biased mind can look at the chart and see a strong rally off a solid bottom. Not to meantion that platinum and palladium make new highs today.

    PAL here is an easy double in a few weeks. Buy some, it will bring you good luck for the year, the FLY.

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  2. JJ2000426

    Also what do you think about coal stocks and fertilizer stocks?

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  3. Juice

    why you sooo damn sure the market will take one upside the head come the 1st 2 weeks of jan ?

    I have the same game plan in place but just curious

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  4. Internet Police

    Market will be just fine in 2008.

    JJ: Palladium is much better option than coal or fertilizer.

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  5. Juice

    JJ: Go order a nervous breakdown or electroshock therapy. It can only help to shake you from your boneheaded investing advice, acumen & future losers.

    btw – hows that FSLR short panning out? as good as your PAL long I’ll assume.

    you can pick’em like nobodies bidness

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  6. CubsRock

    Santa Rally for another week, Market Plunge to induce nice rate cut, then Market Rallies in anticipation of another cut. We are going no where.

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  7. Woodshedder

    Anyone watching AAPL?

    Fun stuff.

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  8. taperhead

    the action in MVIS continues to be fucktarded…
    which means it will probably make a killer CES run for no reason.
    This years MVIS buzz at CES however will be: Eyewear.

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  9. JakeGint

    “Relishing your tube socks.”

    That’s akin to poetry, my friend.

    Southie from Boston says: “Pyooah Carmedy.”

    ________________

    From a summary of one of Neal Stephenson’s earlier novels, Snow Crash:

    “The Metaverse, a phrase coined by Stephenson as a successor to the Internet, constitutes Stephenson’s vision of how a virtual reality-based Internet might evolve in the near future. Although there are public-access Metaverse terminals in Reality, using them carries a social stigma among Metaverse denizens, in part because of the poor visual representations of themselves via low-quality avatars. In the Metaverse, status is a function of two things: access to restricted environments such as the Black Sun, an exclusive Metaverse club, and technical acumen, which is often demonstrated by the sophistication of one’s avatar.”

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  10. chivasontherocks

    years ending in 8 for dow jones average

    1898- + 24%

    1908- + 48.2%

    1918- + 10.8%

    1928- + 48.5%

    1938- + 28.3%

    1948- – 2.2%

    1958- + 34%

    1968- + 4.2%

    1978- – 3.12%

    1988- + 11.9%

    1998- + 16%

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  11. Danny

    chivas – damn, get long for 08! interesting.
    My data will be skewed as well, but I’ll definitely post a summary of my trades.

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  12. The Fly

    Chiva’s:

    Only idiots believe in anomalies.

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  13. alphadawgg

    Chivas,

    There are three kinds of lies:

    Lies, damn lies, and statistics

    Take care in what you glean from “the numbers”.

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  14. chivasontherocks

    what appears to be an anomaly, sometimes is not. as far as lies, i wish there would only be 3 kinds. the yrs taht end in 8 are either election yrs for president or second term of president. in addition there is a so called decinial cycle. you guys need to chill. i was just trying to make an observation.

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  15. sunny

    if you want to post those trades, in real time, in allocation (not dollars) with verification … http://www.covestor.com

    disclaimer: not an employee, investor, etc. Just liked it because it cuts through the BS.

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