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
23,431 Blog Posts

Chalk One Up for the Bears

How can these morons draw a parallel between the collapse of Long Term Capital and Bear Stearns?

Hey assholes, when LTCM fell, the economy was on the precipice of furious economic expansion, ala dot com bubble. Things are quite different now.

Look you, I do not have time to intermingle with retards from the internets. “The Fly” is a very busy man, with loads of work and construction projects to oversee. As you know, when the weather gets warm, I employ many “illegal Mexicans” to build shit for me.

I’m looking for a sharp decline in many of the financials. And, I am confident we will see the “ag plays” become a “source of funds,” once again.

Off to dinner.

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30 comments

  1. CubsRock

    Fly you really redeemed yourself pulling out the golden bull. Thank you 😛

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  2. Q4

    Fly:

    Thanks for the sacrifice. ORCL shit the shower. My summer is going to be berry nice. Buh bye Tech Rally.

    Don’t Stop Me Now

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  3. mrkcbill

    “illegal Mexicans” I want some too.

    Fly- I know you already know this-
    Dude, you have some serious blogging skills. Big high 5 for teaching and entertaining me via your community here about business and the markets.

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  4. The Fly

    I’m a “God-Blogger”

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  5. Kiwin

    “God-Blogger” makes you sound like you blog about God. Maybe you are “God of Blogging”?

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  6. El Tiberon

    Thank you for the clarification between BSC and LTCM. I was floating a tax-exempt bond issue when Long Term blew up and it raised the coupon rate from about 6% to the 13% to 15% range so we had to delay for 1 1/2 months. Thankfully it was only a money manager and not the economy.

    El Tiberon

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  7. JakeGint

    I think you meant “Bloggod.”

    So much for ORCL coming to the rescue.

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  8. mrkcbill

    Blog Star… “Blog God” I like it!

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  9. wow

    Uhhh… did I just hear CNBC floating a story about the Fed BACKSTOPPING investment from Sovereign Funds??

    Uhhhh… well that sounds like a FANTASTIC idea.

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  10. isaidcartwright

    Got to say, lovin’ the Fly!

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  11. Comrade

    The only road out of the financials:

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  12. Comrade

    The only road out of the financials:

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  13. AU CONTRAIR

    Chalk one up for profit taking. Stocks have ripped today is break. Tomorrow bad numbers will be reported, market will gap lower and the dip will be bought and finish green…even with Merideth Whip-me dragging down the banks.

    Tides have turned, you can feel it out there trading.

    Be long and strong, or short and wrong (and a little embarrassed in the shower or your girlfriend)

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  14. BOOMER

    http://www.reuters.com/article/marketsNews/idUKN2628236420080326?rpc=44

    ETFC is getting attention on the short side…

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  15. norcal

    AU – You are another CNBC-watching fool soon to be deballed by the market. Ouch…Talk about egregious!

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  16. gappingandyapping
    gappingandyapping

    Bahaha this is great shit:

    http://www.engadget.com/2008/03/26/motorola-insider-tells-all-about-the-fall-of-a-technology-icon/

    In researching the myriad claims raised in this letter — which we believe to be true — we also discovered a number of other unsettling things about Motorola’s corporate past in the last five years, such as certain gross corporate excesses demanded by Zander and his inner circle (like a small fleet of extravagant private jets, where most companies that size might only have one, if any), or the fact that Motorola’s current CEO, Greg Brown, is so technologically out of touch he refuses to use a computer for communications, and has all his email correspondences printed by his secretary and replied to by dictation.

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  17. TraderCaddy

    The space shuttle went over my house a few minutes ago leaving it’s usual sonic boom. So if my neighbor is reading this please go home and turn off the car alarm on one of your cars.

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  18. gappingandyapping
    gappingandyapping

    AU CONTRAIR:

    “Be long and strong, or short and wrong (and a little embarrassed in the shower or your girlfriend)

    Are you a spammer? Those are the exact words a worthless cum guzzling spammer would use. Can you add an extra couple of inches to my little friend too?

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  19. http://youtube.com/watch?v=uHVEDq6RVXc

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  20. boca

    Danny has discovered my secret

    http://www.ibankcoin.com/dannyblog/index.php/2008/03/26/accounting-and-life-lessons/

    he is a very smart kid.

    Blog-god indeed.

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  21. gappingandyapping
    gappingandyapping

    Anyone getting bullish on China for the Olympics?

    http://www.thepeoplescube.com/images/Olympic_Emblem_China.gif

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  22. Dinosaur Trader

    Whatever… he’s a “first tier blogger.” This has been discussed.

    There’s the first and second tier… and then there’s the third tier and beyond.

    Ironically enough, “God blogger” sounds gay.

    Unless “the Fly” is one of those Mount Olympus gods… in that case, I can see him throwing great cans of Monster down from the heavens, to punish the unwashed.

    -DT

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  23. JakeGint

    What in the fruity fuck??

    These guys stole the Final Four idea!

    Demand royalties, immediately!!

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  24. DOH!

    makes me think a lot of folks read this blog.

    and i tell them to fuck off

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  25. JakeGint

    Dino Explains further:

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  26. bagger

    DUG has been broken,
    http://finance.yahoo.com/q/bc?t=1y&s=DUG&l=on&z=m&q=l&c=dig
    does this chart seem right?
    [http://www.youtube.com/watch?v=J2Vnun-fiyo]

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  27. newequity

    http://www.mediabistro.com/tvnewser/cnbc/kneale_to_gasparino_show_some_class_charlie_79797.asp

    Gasparino and Dennis go at it on air.

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  28. alltheteainchina
    alltheteainchina

    where my futures tab at Fly? It used to be so easy to just click and look, i could do all my grocery shopping in one place. Now i gotta Globex this and Bloomberg that.. hmmmm

    anyone have a good real time futures link?

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