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
23,424 Blog Posts

Tonight, Vote for “The Fly”

If he could make unearthly, even Godly, market calls, imagine what he could do in war. Hell, “The Fly” would conquer The Great Wall of China in three days, then spend the rest of the week throwing Monster Energy Soda’s at the rice farmers.

I’m sure by now, many of you naive true believers have come around to my way of thinking: the market is fucked in a sandbox.

The banks are a mockery. I spit on them.

It’s time to start selling my longs again. Today, I feel like selling tech. Perhaps I’ll get rid of that silly [[RIMM]] or [[AAPL]] I was foolishly buying. No need to worry, since my double inverse etf’s has me up 2.4% intra-day—spearheaded by the morons at [[LEH]].

Right away, with my money, I will be buying more [[SMN]].

Fuck the Banks NOTE: 10:32 Bond Insurer downgrades may have significant impact on banks, “a few” banks could be downgraded, according to S&P – Reuters

NOTE II: The early leaked ISM data was “God awful,” by the way.

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16 comments

  1. bulliSHIT

    Fly, can you tell me why you like SMN so much?

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  2. The Fly

    no.

    So sorry.

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  3. MarketRaider

    Fly, be quiet dammit. Every time your ass gloats things get all sideways. I am short LEH as well and don’t need you screwing it up again ala the last “I’m up 30%” post.

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  4. The Fly

    No need to worry, “MarketRaider.”

    I’ve been assured by my Voodoo Physician that my gloating will only increase my capital gains, following the sacrifice of my favorite goat.

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  5. Gunners

    aren’t we due for a february top 10 holdings?

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  6. MarketRaider

    “I’ve been assured by my Voodoo Physician that my gloating will only increase my capital gains, following the sacrifice of my favorite goat.”

    I that case, carry on then.

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  7. JakeGint

    Shit, I liked that goat.

    You’re nice, but I’ll take a side order of Romeny, please.

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  8. Woodshedder

    Hey fucker, with my calls lately, you better sacrifice 2 goats.

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  9. Fly Buster

    Fly,

    Were you the one that leaked the ISM early? Rest assured,I’m going to fuck you over…after a 50 points basis points, I’m revising GDP to 3% and non-farm payroll at 100,000+.

    All kidding aside, why the fuck are home builders rallying?

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  10. CubsRock

    Buster, Because Banc of America upgraded 4 of them. Mind you, it’s only a coincidence that BAC bought CFC and KBH holds hands with CFC. Today is ex-dividend date for KBH also.

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  11. The Fly

    BAC is talking their own book, by upgrading the homies.

    Arrest them all, right now.

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  12. big snacks

    so we have had a 50 point fill in on the spus and now you are going to sell .. and get more short?

    not smart.. buy a bad close today or weekness tomorrow.

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  13. Fly Buster

    Fly,

    Are you shorting Homies at all? I find it crazy that they are the only ones that are up, when its because of them we got into this shithole in the first place.

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  14. BenB

    Fly,

    Wow…you called this one! Coincidentally, my broken clock was correct twice yesterday. Please stop the gloating…and be humbled by your so called “big-dicked losses” over the past two weeks. At the end of the day, a coin toss would have achieved a similar return. Asswipe.

    “John”

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  15. The Fly

    Fuck you John.

    Maybe you want to take a look at my picks from Late December on.

    Upon doing so, you will learn that “The Fly” is up 20% YTD.

    What are you up?

    Go fuck yourself, pal.

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  16. MarketRaider

    So we are at that magic DOW -300 which seems to summon the PPT to come and save the day. Kind of like the bat light. Lets see how it works out today.

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