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
22,162 Blog Posts

This Time, Charlie Throws His Meatballs at the Bulls

Apparently, the [[ABK]] “deal” has hit a “snag,” according to CNBC’s Gasparino.

In other news, with futures down nicely this morning, it appears “The Fly” is well on his way to advancing to round two of the Final Four Mad Stocks Contest.

Did any of you really think I’d lose?

Developing…

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39 comments

  1. Hong Kong Bull

    errr, yep 😉

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  2. JakeGint

    Not in the long term I didn’t. But I had no idea that this was a “week to week” type deal… I thought it was six weeks and we see who did best… In that sense, you got real lucky as Mother Market could’ve waited til Monday to laser beam WaMu.

    Cajie’s gotta get those instructions out in a better form next time… (I might’ve picked SLW instead)…

    Sour grapes, I know…

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  3. The Fly

    Each week, the stock selection (performance) resets. But, you have to stick with the same stock.

    You had the right idea, wrong industry.

    WNR knee capped you.

    In other words, you’ve been knee capped by a WNR.

    Nice way to go out, bucko.

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  4. JakeGint

    Anyone notice what WaMU and some of the others are pushing these days via the slimy ads of CNBC?

    Can you believe… reverse mortgages to wrinklies?

    In a downtrending housing market??

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  5. JakeGint

    Sort of like the way I got out in the real tournament every year…

    Early.

    _____________

    Speaking of “the real Tournament” — KC’s lily white Catlick boys and their Magilla Gorilla (40 pts!) center Hargody did not have enough firepower to take on the Pitino-birds!

    Not at home, anyway.

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  6. TraderRenn

    I’ve been hearing a lot of chat from random people about how much money they “could have” made buying the open and selling the close – as if this requires no knowledge to make money.

    I wonder if the “buy at the open / sell at the close” trade is going to burn a lot of people today?

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  7. Steve

    I’m selling a bounce and going short via SDS, QID, DOG etc..

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  8. jeff

    BAC finally broke

    Always look on the short side of life

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  9. Warning

    be careful shorts…just another friendly warning

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  10. Warning

    2 more weeks

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  11. Oh oh

    Warning is back. He called a good one last time. Let’s see if he does it again.

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  12. larry

    Alias: BPOE

    Down like an elevator up like steps. Fly steaks this weekend ?

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  13. TraderRenn

    Warning:

    What’s in two weeks?

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  14. Warning

    Patience.

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  15. TraderRenn

    Something strange… QQQQ is down more then QLD?
    Does anyone know why?

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  16. jeff

    http://www.chartpatterns.com/headandshoulders.htm

    Head and Shoulders

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  17. JakeGint

    “Warning” is just telling us that in “two more weeks,” the NCAA Basketball Tournament is coming up.

    “Warning” would like to reserve Valpraiso State, if no one else is taking them.

    _______________

    Aside: Fly — was the site just down temporarily? Wouldn’t load for about five minutes there…

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  18. larry

    Alias: BPOE

    TraderRenn:

    Whats in two weeks is already priced into the market. The Fed cannot be trusted during an election year. Charts and history won’t work!

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  19. JakeGint

    This probably won’t come out on the image specified, because it’s a “slide show” site, but make sure you check out the seventeenth picture… I like to call it: “The Lizard King Contemplates Jail Time.

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  20. Chucky Gasparino

    What’s with the meatball jokes? Of course, I love meatballs. Meatballs are fucking delicious….. and high in protein.

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  21. jeff

    Fly – I would like to formally send you an appropriation request for more bandwidth to make this blog hyper-isdn speed.

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  22. calvino

    fslr up.. why? calvino sell two shares..

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  23. NoFlyZone

    2 Events are coming…not if, but when…1) rate cut and 2) AMBAC/MBIA bailout…be careful with your hard earned profit in SKF…

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  24. joker

    You hedged those shorts the day before yesterday at the market top. wow a contrarian pro.

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  25. kidstock

    Time to start covering some of those shorts…don’t be the Greedy Fly

    http://www.youtube.com/watch?v=jc50xF6E7-8

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  26. calvino

    Here come the rally bounce attmept, douchebags hitting the yen.

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  27. TraderRenn

    NoFlyZone:

    If we know that the Fed is going to cut rates and we know AMBAC is getting a bailout, wouldn’t that be priced into the market today?

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  28. CAP

    This is a special request for ‘The Fly’

    Please…Please don’t post any headline such as “QUICK ALERT BULLS:YOU’RE DEAD” or anything to that extent. I’m having a great day banking coin on SRS and SKF and the last thing I want is a day like last Friday where I felt as helpless as a Kurd inhaling Saddams nerve gas.

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  29. JakeGint

    CAP:

    Speaking of which, it looks like the Iraqi Supreme Court (the Prime Minister’s uncle, Maleek, and his seven goat-herd brothers-in-law) has okayed the official “hanging until well dead” of Chemical Ali.

    “and there was much rejoicing.”

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  30. JakeGint

    This looks like your typical mortgage broker asshat website/ad, doesn’t it?

    Checkout the “DBA” in the fine print at the bottom.

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  31. calvino

    Marty, good call on the disposition of those misbegotten tampon shoes yesterdaay in the AH.

    update 2.. Tuco – Punk Z bitch just lowered your favorite stock to 65 from 71.

    update.. fueling up the ‘Flying Fortresses ‘ on our forward base in Guam. Pray for your crew boys, espescially the tail gunner.

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  32. Woodshedder

    Warning- if you had anything real, you’d tell us.

    And if you really had anything, you’d tell us what the employment situation will be next week.

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  33. TraderCaddy

    Some of the small regional banks holding there own. Gotta say something positive.

    Having a full glass of Palm Oil for an energy boost.

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  34. JakeGint

    DBA getting crushed… HOC only wrist-slapped… Jake not dead yet!

    Just “near death.”

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  35. gappingandyapping

    http://corner.nationalreview.com/post/?q=OTViZjhhNGI1Y2QxYjE0ZDc0YmMwMjJiNmUyZjQ3MmU=

    “Nevertheless, Mrs. Obama urged them to foreswear lucrative professions like corporate law or hedge fund management and go into the helping industry, even if the sacrifice is great.”

    I agree, hedge fund managers are lazy man’s work. Same with lawyers. These fucks sleep in until 8 everyday and then only work until 3 in the afternoon. They don’t work half as hard as a 7:30am – 2:30pm Union guy. Goat fuckers.

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  36. JakeGint

    Meanwhile, “Mrs. Obama” is pulling down $300k as a healthcare administration bigwig.

    WTF?

    How they hell does she expect anyone to pay the taxes in her socialist utopia?

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  37. TraderCaddy

    Jake- Don’t fret. She is VP for community affairs and she is “helping people.” Oh, by they way they doubled her salary about the time Obama got elected. Now thats change.

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  38. JakeGint

    That’s the kinda “Change” I’m looking for. More than “loose” in other words…

    ____________________________

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  39. d.edlen

    Sounds great! Your blog is one of my most favorite now ;). You have hit the nail on the head, just like you always do.

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