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
23,419 Blog Posts

Behold: GREATNESS

You didn’t think I sold everything, did you?

Just in case my bearish scenario didn’t pan out, I kept many longs. As a matter of fact, because I sold all of my inverse etf’s yesterday, with the exception of [[SKF]], I have a lot of exposure to the upside.

As of right now, my largest long positions include (in size order): [[RIMM]], [[CLX]], [[AAPL]], [[GME]], [[GD]], [[HANS]], [[VLO]], [[GILD]] and [[FMCN]]—just to name a few.

For now, I will milk these upside bets and sell them into resistance. My guess, the market can run another 300-400 points, before dropping.

I know, “The Fly” gaming this tape like a “space alien magician” annoys you (internet leech).

Just be at peace knowing, genetically superior men blog on the internet all day, while banking profuse amounts of coin in the market.

At the very top of that list of great men, as you know, sits “The Fly,” in his diamond encrusted throne.

That is all.

NOTE: I’m still short [[DECK]] and [[LEH]] If you enjoy the content at iBankCoin, please follow us on Twitter

71 comments

  1. NOTE: I’m still short (DECK: 131.46 +3.76%) and (LEH: 59.49 +0.90%) And I’ll bet your short in other areas as well. Admit it mr. fly

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  2. Boomer

    ok cramer

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  3. Weed

    The Fly in his younger days practicing his “space alien magician skills”.

    http://www.youtube.com/watch?v=ke3ImVT2oeY

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  4. BOOMER

    that was not me.

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  5. Pudfucker

    IBM, FFIV, WDC, and now MSFT say “FUCK YOU” to all you recession calling fuckers.

    The recession has been postponed.

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  6. jeff

    Fly’s don’t burn on the grill

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  7. Benankesalterego

    Fly has grown some horns and is planning to leave the “dark side”. In his honor, I will raise interest rates, just to mess with his long positions.

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  8. olive

    Dude, you play both sides of the fence, why dont you show the list of your positions and weightings, you are long, then short, hold, then buy then sell, “do you watch my show?, do you watch my show?”

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  9. chivasontherocks

    Pud,

    LMFAO

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  10. The Fly

    I always post my top ten holdings. Check the side link, fuckface.

    As much as you wish “The Fly” was getting burned in this tape, nope—not happening.

    I played it 75% right.

    I should have went long more. But, I opted for cash instead.

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  11. Francesco

    playing both side of the force is not illegal the “mere fact is the guy do not expose his position that well , until caught in a false step-scenario ( then he expose )

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  12. Dinosaur Trader

    Fly,

    Does the nearly 20% short interest in DECK scare you at all?

    It also has a pretty small float. Those two things combined are a little worrying, no?

    -DT

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  13. CubsRock

    Bring it home JNPR, don’t pull a Cisco.

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  14. Q4

    ibankcoin period. Who cares what side?

    Only hit a 4 game parlay on MSFT, fuck.

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  15. Market God

    Fly,

    How much were you up today?

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  16. Drunk Guy

    Whaazzat?

    Mark’tz clos’d?

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  17. Bearonidus, Son of Shorticus
    Bearonidus, Son of Shorticus

    This market displeases and mocks me. Shorting shall be the order of the day tomorrow. I will put the fear into traders about holding positions over the weekend.

    No wine today.

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  18. alphadawgg

    Does anybody know of a Japanese REIT or REIT fund?

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  19. BOOMER

    POT CEO poo poos recession

    http://www.reuters.com/article/marketsNews/idCAN2422614920080124?rpc=44

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  20. TraderCaddy

    BRCM,JNPR flying in AH with MSFT,AMGN,PMCS,etc

    Uncle Ben may take his rate cut back next week.

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  21. BOOMER

    Dude, does anyone know what type of battery an ipod uses, AA or something else? it just will not turn on….must have been that car crash it was in…..

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  22. Drunk Guy

    Whoo tha f’ck this Benyankee guy tink he’is, enniway?

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  23. alphadawgg

    BOOMER on POT?

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  24. BOOMER

    that was not me. come on.

    must be an old timer with the crash reference.

    jake you messin with me? or alpha. or shed. hmmm…

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  25. alphadawgg

    Tech stocks rallying like the recession is half way over. Proponents of the “soft landing” theory of recession must be in control. Odd.

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  26. BOOMER

    That was not me!

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  27. alphadawgg

    Not me, Boomer. You sure you’re not on POT?

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  28. BOOMER

    Stoken a bowl now…developing…….

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  29. BOOMER

    alright. its funny. thanks for the teasing. i needed to laugh.

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  30. alphadawgg

    That means you’ll be buying BOOM?

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  31. BOOMER

    Bought already. Will buy more. I am getting a lot of chatter from my blog. the activity alone is interesting, although somewhat random. something is up. looking for a test of the 50 day soon, for a trade, building a new core.

    cant believe i got shook out. totally bummed with myself. i literally sold out before the big run yesterday. i fucking suck donkey.

    oh well.

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  32. FUCKTARD

    I went short the QID and Boom today…Broker A come closer so I may kick you down these steps. I win

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  33. BOOMER

    Good luck with that, ‘tard.

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  34. Longhorn

    ‘TARD-
    Tech stocks rallying…not good for the bears tomorrow. Didn’t you get the email that the recession is officially over?

    Hook ’em horns!

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  35. FUCKTARD

    Boomer I know you live in Boulder and drive a pick up….odd no

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  36. TraderCaddy

    Fucktard- If you are the real Fucktard tell Hillary she is a whiny bitch and Obama will kick her big ass in Florida.

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  37. Drunk Guy

    Fuuuuuuuckkkkk yoooooooooooouuuu!

    (Beeeehhhhhhhhhllllch!)

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  38. cellshort

    I pulled out Rally Monkey on this board yesterday at 2:20. We rallied.

    I posted a list of Aerostocks yesterday (LMIA, DCO, BEAV, HXL, GR, TDG, et al) to buy because retard hedge fund managers were pissing all over those names for no good reason. Most went up big today.

    Damn. I’m giving myself a huge pat on the back. In fact, my arm’s so long that I can now reach over my back and scratch my balls from the backside.

    Some trade with skill. Me, I just hope like hell that lady luck fucks me once in awhile. And I use my long assed arm for a big pat on the back, and good scratch of the balls every now and then.

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  39. Steve

    Back to banking coin!

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  40. FUCKTARD

    Caddy stop teaching that son of yours to lay up on the hard shots. He wind up like you.

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  41. mrkcbill

    Steve is God!

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  42. Drunk Guy

    WH’ARRR YEW LOOKIN’ NAT??

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  43. TraderCaddy

    I knew it had to be the real Fucktard. Who else would short QID. By the way Fucktard I will see you at the annual QID shareholder meeting next month in Dothan, AL. Are you going to vote to retain Dr. Kevorkian on the Board of QID?

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  44. Drunk Guy

    WHARZ MY F’coCkin’ STIMULANTS CHEK??

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  45. Drunk Guy

    Hey catty, hep a feller out, wouldja?

    Where’za gottdam peanuts at?

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  46. TraderCaddy

    Drunk Guy-Dothan, Al. -Peanut capital of the world.

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  47. TraderCaddy

    Here is some evening Wall Street entertainment. The first season episodes are pretty good, too.

    http://www.mojohd.com/video/

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  48. nullpointer

    finally, a little vindication

    told ya tech (select tech, dont be an idiot) was strong.

    my meager collection of longs was up 10% today

    feels like the good old days

    ……..until about next week i expect, when the mono bail out doesnt happen, and i will get my cock ripped off

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  49. jeff - rogue trader x
    jeff - rogue trader x

    shorts are back

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  50. Breakfast Meat

    You are bragging about holding AAPL? Everybody and their dog bailed out @ $185. You’re gonna be milking a dry goat on that one. Bwahaha!!

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  51. kd

    Fly,
    How long does a recession last? 3, 6, 12 months? How long do you think this one last or are we done and we start going up from here?
    thanks

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  52. gappingandyapping
    gappingandyapping

    Fuck this gay fucking shit. Who the fuck made up this rebate faggotry. Take the shit and put it to defending our borders you fucking cum guzzlers. Fuck I can’t believe how fucking gay this shit is. You fucking queers that work hard and make money are going to get a fucking dick in the ass and no money. I want to quit my fucking job so I get money. Fuck how fucking unfair is this faggotness. “IF” I get a check which I fully don’t think I will due to my income, I will take the money and spend it on Columbian cocaine and low end topless maids. Fuck. What do you think fucking low end workers will spend this shit on? Yep you guessed it beer, liquor, cigarettes and other bullshit.

    Communism at its fucking finest.

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  53. pablodpt

    Nick Leeson

    Societe is absolute french gay.

    I love Ben.

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  54. gappingandyapping
    gappingandyapping

    UPDATE: I just returned from my local Thai eatery. These fucks there are giving away free Crab Rangoon. However should you make over $50,000 per year you have to pay for that shit! NO CWAB FOE YOU!

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  55. gappingandyapping
    gappingandyapping

    UPDATE #2: In the US the government pays you to breed kids via rebates. In China your fined and punished.

    Odd no?

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  56. mdawsz

    Listen you, I’m only gonna say this once, so listen intently. Please. I’m only gonna say this once once. It’s true. Once. Homo hammer is on the way. Please prepare. Legal counsel is in high demand, and I am getting rich on many fronts. You cannot understand, but suffice to say, homo hammer is in the building. And he will be staying until the end of the year, and you’re welcome to follow along. Please. You’re welcome. That will be all for now. I understand that this is cryptic, but please, listen. Truly, that is all.

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  57. mdawsz

    This is true, and you have been informed. Please. Best wishes to all.

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  58. jeff - rogue trader x
    jeff - rogue trader x

    m-dwa-dog: what the fuck is wrong with your crack pipe?

    I hope so, down with rockefeller and Chase Manhattan.

    DUG+
    SKF+
    SMN+

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  59. Dinosaur Trader

    Republican Presidential Debate on now… MSNBC.

    -DT

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  60. Drunk Guy

    Catty, fer crise sakes Catty!!

    Non ther fockin’ peanutz yez berl en eatz, Catty…

    Tha pitchahs ah tha dam peanutz, gottdammit!!

    YEw know! Gott Dammitt, Catty!

    The pitchahs!

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  61. Drunk Guy

    ZZZZzzzzzzzzz…..

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  62. cramered

    fly milkin the herd? Yawl get short while I secretly position my long side. He’s prob long DECK.

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  63. Leonard The Monkey

    ARTC Short – you a Citron fan Fly – I’m warming up banking some serious coin today on this one!

    I’m going to implant something on their board room table!

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  64. Alvari40

    Wanted to thank either BOOMER or Shedder (I think) for making the rec for EZU late yesterday.

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  65. Dover

    The Hang Seng is lighting the bears on fire.

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  66. Alvari40

    Burn baby burn. Naz futures are up 17….sick. Who wouldathunk?

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  67. TraderCaddy

    Drunk Guy- Get back to me when you run out of drink so I can understand you.
    Thanks and have a good evening.

    Alvari40-That was me with the EZU recommendation late yesterday. Easy 3%. I used to be able to play the time zones with mutual funds like that for years (EZ $$$$) until they figured out how to fix their daily pricing. GS calls it arbitrage. I call it EZ $$$.

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  68. JJ2000426

    PAL up 10.86% today.

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  69. Alvari40

    Tradercaddy,

    Ahhhh….it was you – many thanks. Still holding for now. Interesting approach.

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  70. buckeye bob

    Those crazy chinese are at it again – the HSI is up another 5% – wtf – thats like 18% in 3 sessions

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  71. bulliSHIT

    we will rally until the day prior to the fed meeting on jan 31. last time the PPT bailed the bulls out when the dow was around 12,700, the rally up lasted 9-10 days approx. this rally will also be very short lived, ending when the fed disappoints by cutting only 25 bps.

    the mkt will likely open up over 100 pts off the msft news. im trying to figure out whether its worth going long for only 300-400 pts of upside on the dow. last time the ppt bailed the bears out, the dow ran about 1,000 points. assuming this rally lasts 700 points from the low close puts us around 12,800 or so. hmmmm, is it worth the risk, especially over the wknd. however, i think a lot of positive could happen over the wknd such as potential bailouts etc. a lot of institutions up shits creek will be having high profile meetings over the wknd. expect some kind of positive news on monday.

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