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
23,430 Blog Posts

The Yen Will Break You

Keep your eye on the [[FXY]]. People with large accounts and big ego’s do not like Yen strength. With Yen/Dollar approaching $100, expect to hear talk of the “carry trade unraveling,” yet again.

Just know, Japan is entirely screwed by our wheel-barrow dollar, being a big exporter and all.

As of now, “The Fly” is NOT ready to come out of retirement. But, he is contemplating it.

I’ll have you know, “The Fly” has been working on clicking his mouse, while throwing “faux champagne bottles” at his trader/servant, in order to simulate his former trading environment.

Finally, from the luxury of the shuffle board court, “The Fly” thinks gold, via [[DGP]], and short dollars, via [[UDN]], makes sense here.

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39 comments

  1. Juice

    Tomorrow will be down hard . Count on it.

    Keep an eye on CAH. Looks like a short worth taking. Flirting with an important line in the sand. Its healthcare industry is taking the homo hammer of pain & destruction.

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  2. Gunners

    Fly,

    Given JCG reported well, rocketed higher, AEO reported well, rocketed higher… Would you make the bet that ARO does the same tomorrow?

    eagerly awaiting the out-of-retirement party. perhaps some ridiculous trading company will pay you over $1,000,000 a day to play, a la Roger “Juice” Clemens.

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  3. The Fly

    ARO is a homo company. Stay away.

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  4. Gunners

    ARO is gay, got it. (no offense to gays, of course)

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  5. DPeezy

    Speaking of gay…shuffle board?
    How old are you again?

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  6. JakeGint

    He’s in retirement, get it?

    (When did we start having to explain the jokes around here?)

    True story: I (not in retirement) played some shuffleboard last week with the kiddies.

    Enjoyable game, actually, as long as your kids are not ridiculously competitive, like mine tend to be.

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  7. DPeezy

    I was just pointing out the gayness factor of shuffleboard.

    When I retire, whence I’m too old for this here site, I plan to chase the women retirees around the home and thus consume copious amounts of super-viagra.

    ps.: good link earlier, Jake. Mamet is an excellent writer.

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  8. Juice

    I have good memories of visiting the grandparents in W Palm Beach as a kid & playing shuffleboard with Grandpa & the family. Talk about a relaxing game.

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  9. Elliot Spitzer

    Can I write a post about being retired and shuffleboard?

    Actually, I’ve always had this shuffleboard fantasy… I’m there, playing shuffleboard and trying to get a “10” when this hot little number (at least a 5 diamond girl) comes up and says, “Would you say I’m a ten?”

    I slide the weight down the court and sure enough, I get a “10.” The girl is duly impressed, I have hot sex with her (no condom, of course) there on the shuffleboard court, and then poop on her chest.

    -ES

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  10. JakeGint

    Gross, but funny.

    Odd, no?

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  11. BOOMER

    “…and then poop on her chest.”

    That made me laugh outloud.

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  12. Leo S. Pitzer

    Imposter! There’s only one “L” in Eliot.
    Plus I– uhm I mean Eliot, would never lay a Cleveland Steamer on something I’ve paid for.

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  13. Elliot Spitzer

    I have more sexual fantasies… like, once I had a great one about a candy store….

    I’m in the candy store and the girl (6 diamonds) behind the counter says, “you want some candy?”

    I say, “I sure do, ma’am!”

    Then, I proceed to have hot sex with her (no condom, of course) there in the candy store, and then poop on her chest.

    -ES

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  14. Woodshedder

    You gave her a “blumpkin,” did ya Elliot?

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  15. Leo S. Pitzer

    I know from a “friend”, the real Eliot Spitzer is in hiding, and does not have time to post on internet web sites. My resemblance to him is purely a coincidence.

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  16. Elliot Spitzer

    Listen friend… I’ll have you know that while it’s true I’m in hiding, I always have my computer with me, for all the hot porn.

    -ES

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  17. Elliot Spitzer

    Woody,

    I’m not sure what you southerners call it, but up north, we call it a “steamer,” a “Cleveland Steamer” to be exact.

    I lobbied unsuccessfully for the name to be changed to the “Saratoga Steamer” for the greater glory of the State of NY.

    -ES

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  18. Leo S. Pitzer

    A “blumpkin” is a unique method of gratification that goes like this: when you’re making toilet, contemporaneously a young lady of ill-repute gives you enjoyment of the oral variety.
    It costs $500 extra. Or so I hear.

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  19. gappingandyapping
    gappingandyapping

    Refiners have been fucking destroyed.

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  20. Dover

    Juice – Nothing gayer than a random guy anonymously posting on a blog that the market is going down tomorrow “count on it.” It’s a 50/50 bet what the market will do on any day. If you knew what you were talking about, you’d have your own site that people actually read.

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  21. Elliot Spitzer

    Funny you should bring up oil refiners…

    One time, I had this fantasy that I was touring an oil refinery. I was there, nodding and asking questions of my tour guide, a cute, 4 diamond type.

    So I asked, is the oil here “light sweet crude?”

    She smiled this nasty, dirty little smile and said, “No, but I know where you can get some…”

    Then, I proceeded to have hot sex with her (no condom, of course) there in the oil refinery, and then pooped on her chest.

    -ES

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  22. mdawsz

    Haha, DIVX.

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  23. alphadawgg

    Reprobates and degenerates. You guys have no idea of value.

    Everybody knows that a “bukkake special” with two young mattress thrashers from Bangkok only costs half as much as a blumpkin.

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  24. Leo S. Pitzer

    Bukkake involves few women and many guys, alphadawgggg. Not my idea of a fun evening.
    However I heard a rumor that it costs an extra $1500, per girl, up front, plus use of the shower facilities.

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  25. Leo S. Pitzer

    Elliot: you must eat a tremendous amount of fiber.

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  26. I thought there was a inverse relationship with the Yen and S&P. If so, we should go down today.

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  27. Elliot Spitzer

    Leo,

    I’m full of shit.

    -ES

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  28. Leo S. Pitzer

    Going down: $250
    PS: Big Picture Barry’s headline for the Spitzer story is hilarious.

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  29. JakeGint

    Fer cripes sakes, fellahs.

    This is a family website.

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  30. JakeGint

    Anonymous… you got a closing price on the yen?

    My stockcharts has to have gone insane… it’s saying “up 183%??”

    Can’t be, can it?

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  31. Woodshedder

    Funny Jake. Or should I call you “Nybil”
    (Cross between Norris and Cybil)

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  32. WallStreetLurker
    WallStreetLurker

    Jake:
    15:19 101.91 101.91 ANON/NYC

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  33. zephler

    fly, you should be able to short FED now…Odd no?

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  34. Juice

    Dover – go pleasure yourself with a can of corn.

    You’re free to bet your subprime house that the market will rise tomorrow.

    I’ll be going the other way, for a day, or so.

    Oh, and one more thing, goatfucker: I’m short 5 shares WPO @717. I’ll be covering that mongo bet tomorrow, into the carnage, probably for a 30pt gain or almost $150 after commish.

    If that doesn’t show I know what I’m talking about, nothing will, fuckface.

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  35. Elliot Spitzer

    Jake,

    I’ll refrain from posting my sexual fantasy about you then… however, one hint, it involves a full Hungarian choir.

    -ES

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  36. DPeezy

    Hey, leave the Hungarians alone!

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  37. JakeGint

    Lurker, thanks… unwinding for sure, just not as much as stockcharts said…

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  38. WallStreetLurker
    WallStreetLurker

    No problem
    It’s unwinding all right. About 103 bps today as of 16:03

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  39. Buggly

    Huh… Slightly addled, but on the whole I like this post. You’ve got some fresh ideas. But please, write more lucid.

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