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
23,425 Blog Posts

Bulls are My Bowling Pins

I’m just bowling on you bullish fuckers—throwing cannon balls and shit at you “do-gooders.” All day, I was leaning on [[LEH]], much to the chagrin of CNBC. Hopefully, some of you ingrates banked a little coin on it.

By the way, I’m not covering my LEH short. As a matter of fact, I greatly increased it today, as rumors run wild of their imminent demise.

Soon enough, you bottom calling fuckers will frantically exclaim: “where’d the bottom go”?

It’s not very difficult to trade a bear market people. When the market is knifing lower, reduce your leverage and raise cash. When it is spiking, increase your downside bets and leverage on extreme up days.

I know this confuses many of you, who are pre-programmed to always be bullish. I need you to understand something: “The Fly” needs you to stay bullish.

I need you fuckers to fuel my cash machine, by placing you and your stupid longs into my turbine. Without you, I would not be able to short LEH @ $49, or [[MON]] @ $114.

Regarding today’s welfare handout to the investment banks:

The brokerage asshats took 86 billion in free U.S. Sovereign Wealth Fund (FED) money. In my opinion, that’s an absolute flaming red flag. Expect many of the brokers to announce significant write downs, now that they have this money.

Finally, it’s worth noting “The Fly” is on the comeback trail, in iBC’s Final Four contest.

You didn’t think I was going to lose, did you? “The Fly” wins all the time, even when he appears to be losing badly.

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55 comments

  1. wow

    Bear Stearns Chairman James Cayne discloses sale of 5.66 mln shares at $10.84 on 3/25 (11.23 +0.02)

    According to the filing, Cayne owns no stock in BSC following the sale.

    Poor guy, only got 50 some-odd million.

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  2. The Fly

    poor guy.

    $1.16 cents of downside left.

    Seems like free money.

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  3. PoorOkie

    When Maria and Co. finally turn bearish and start spouting doom and gloom . . . get long, very fucking long. We’ll call it the Bartiromo Bottom.

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  4. alphadawgg

    Some funny shit, Fly.

    ————————

    Some fuckers destroyed my CALM today. They need to buy that shit back. I’m fighting a losing battle in the Final Four. Eggs all over the place. What a mess!

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  5. Dinosaur Trader

    I made some in that LEH today… however, I’m underwater in my SMN and DUG.

    Oh, and let’s not forget ARWR and WGAT.

    -DT

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  6. alphadawgg

    The Bartiromo Bottom is very shakey, like jello. Pink jello.

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  7. aris

    i would love to see the undertaker choke-slam meredith whitney during her little ‘press-conference’.

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  8. Dinosaur Trader

    The Bartiromo Bottom is firm and worth a good slap, in my book.

    -DT

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  9. Perplexed

    WWF and following analysts on Wall Street. You have an odd set of interests, Aris.

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  10. PoorOkie

    aris,

    Why no love for Whitney? She’s one of the few analysts who seem to understand how bad the financials really are.

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  11. wow

    Meredith Whitney is a goddess…. C’s book value going down to $10, MER going to $30.

    I like Mackey, but fuck him for saying the easy short is done in financials.

    (I think she’s married to an ex-pro wrestler)

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  12. alphadawgg

    DT, you haven’t seen Maria away from her desk. It ain’t firm. Trust me…..pink jello.

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  13. alphadawgg

    Where’s Jake? He should be jumping all over the Bartiromo Bottom.

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  14. PoorOkie

    Whitney is married to John “Bradshaw” Layfield. And if you’ve ever seen Maria in a pair of jeans, she’s certianly packing a wide load.

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  15. Woodshedder

    Alpha, Maria wouldn’t pass the “Bar Exam…”

    That is she would look good, until she gets up from the bar, and starts to walk. Then you see her chair ass- squashed wide from sitting down all day. Plus, does anyone else think her nose looks a little like Owen Wilson’s, whose nose incidentally looks like a dick?

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  16. Woodshedder

    MER continues to shit the shower after hours. I covered half my LEH today and rolled it over into MER. I think it will follow LEH.

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  17. alphadawgg

    Wood,
    I noticed the caboose on Maria as well. I think DT is an assman, so he’s all over that shit.

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  18. JimmyCayne

    I heard some fucker is planning to auction some roach clips and bongs on EBAY claiming they are mine.

    I had a billion dollars of stock vaporized into $60 million in less than a year, and now I have to put up with this shit?

    If it’s any of you degenerates, it’s a cruel joke. Not funny.

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  19. DT's Ass Advisor
    DT's Ass Advisor

    If only Maria’s top was as equally ample as her bottom…..Booyah!

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  20. wolf

    Do you think osama hosed maria after that interview. I bet he likes that ass.

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  21. alphadawgg

    Is Cramer “DT’s Ass Advisor”?

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  22. alphadawgg

    wolf–

    The semi-ragheads, excuse me…part middle easterners, ride camel humps all day long. Her ass has the same look and feel. The answer is, of course oslama likes that ass.

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  23. CubsRock

    “Big investment banks NEVER go to zero. They go to $10.”
    – The Fly March 27, 2008

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  24. Bear Killa Ben

    Every bank gets backstopped at $10. Didn’t you get the memo?

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  25. aris

    whitney is a grandstander; that’s why she annoys me. she thinks she’s bestowed some beam of enlightenment on the proletariat whenever she gets on tv and reaffirms what everyone else was saying 6 months ago. now she’s trying to ride a call from last year into the next decade.

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  26. aris

    btw, however, shitney’s husband was one of the cooler guys in the WWF, back in the day.

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  27. Bear Killa Ben

    Aris, (soon to be unemployed), currently works for Bear Stearns. Pay no attention to him.

    Whitney has a hot ass. Better than Maria’s. I’ll bet you some recently obtained MBS’s that she does.

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  28. Bare [sic] Sternzs [sic] Broker
    Bare [sic] Sternzs [sic] Broker

    Aris has left the building.

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  29. Jimmy r

    Big Mike,
    The commodity boom has another 5 years to run even with the severe recession we are screaming toward.

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  30. mrkcbill

    “I’m just bowling on you bullish fuckers”

    http://www.youtube.com/watch?v=Wcgw_R2oEyc

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  31. Bevis

    Heh, heh … Obama said “much to their chagrin” and he looks like that guy The Fly (Jeff Goldblum) only with a tan like Mozilo … heh, heh (scratcing my crotch) and thinking about Flys.

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  32. JakeGint

    Hmmph.

    Tough talk from a guy who went “tentatively bullish” this afternoon.

    I went to a meeting and came back with “automatically banked coin.”

    Far less stressful if you can choke down the panic attacks.

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  33. JakeGint

    And I’d rather not even think about what Maria Bartiromo’s arse looks like, thanks very much.

    When Liz Clayman took the “girls” away, CNBC was a pile of ashes for me.

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  34. jeff

    Fuck the market dudes.

    (end)

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  35. aris

    “Aris, (soon to be unemployed), currently works for Bear Stearns. Pay no attention to him.”

    lol

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  36. Q4

    Thirsty

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  37. JakeGint

    Pulled this off a site called “Superficial” (linked from the Hot Chicks w. Douchebags site). This might be Fly’s Celebri-blog, maybe?

    (Note, the piece is about Paul McCartney’s gold digger ex-wife, Heather Mills… note the part about the squirrels… familiar, no?)

    *****************

    Let’s say you just won $48.6 million. What would be the first thing you would do? Me? After pissing my pants, I’d run around town throwing hundred bills at squirrels. Then come back under the cover of darkness and kick their asses until they gave it back.

    As for Heather Mills the first thing she did is hire forensic accountants to pore over Paul McCartney’s assets because, apparently, she can’t get by on $48.6 million. Of course, she’s mainly concerned about her daugher Bea. I mean, how can she raise a child on such meager funds? The Daily Mail reports:

    “Heather’s thinking is that Bea should not be seen to have a different lifestyle when she is with Heather compared to Paul – and she is going about proving that is not possible. “Heather is hoping Paul will discretely make a payment to her annually rather than want to go back to court and rake all this up again.”

    I don’t want to point fingers and call Heather Mills a gold digger. But if you opened the trunk of her car you’d probably find a pick ax and, let’s be real, a dead prospector. I’m not saying Heather Mills strangled him for his claim, but I’m also not saying he wasn’t beaten with a wooden leg.

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  38. ottnott

    Some scary web-surfing habits around here.

    Many chair-shaped backsides developing on this board, I fear.

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  39. Woodshedder

    ottnot, don’t worry about mine. My laptop stays in the kitchen, next to the microwave. I’m standing up the whole time.

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  40. wow

    For Jake:

    Liz’s puppies

    They were nice.

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  41. Employee8

    Nothing better than a pair of healthy girls with big eyes … Sweet!

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  42. ottnott

    wood, I am now assured that you are not developing a chair-shaped backside.

    Surfing while standing next to the microwave is more likely to create a backside resembling a bulb of garlic

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  43. ST

    Currently, Maria Bartiromo and Hillary Clinton are locked in a legal battle for the rights to this theme song.

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  44. JJ2000426

    The FLY:

    How is your NTRI doing today? I remember you pitched it July or August of 2007, remember? Another big loser of yours, on top of MVIS and many others.

    Maybe a contrarian view on LEH is needed. Too many people piles onto LEH shorting, assuming the same story of BSC will play out tomorrow. But things are different. They can now borrow as much money as they need to, from the FED. How would liquidity become a problem then, if every big financial institute now has a source of unlimited liquidity? The dollar is going to collapse and you might have to paid one million dollar a share to buy LEH, although the one million dollar in the future will be worth maybe $10 today.

    Precious metal is where you want to be, buy some tellurium if you don’t like my pitch of SWC and PAL. This one single physical metal is doing 10 times better than the best YTD performance of the best position in your portfolio. Just look at the chart

    http://goldismoney.info/forums/attachment.php?attachmentid=41686&stc=1&d=1206242986

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  45. Kiwin

    Liquidity isn’t going to solve the problems JJ.

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  46. JJ2000426

    I am NOT saying liquidity is going to solving the problem of LEH. We are running into a Zimbabwe. There is NO solution to the problem.

    Do you guys read James Sinclair?
    http://www.jsmineset.com

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  47. Woodshedder

    JJ- nice how liquidity saved BSC.

    Oh wait, they still went bankrupt.

    Nevermind.

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  48. Kiwin

    You honestly think we are going to have inflation problems JJ? If so, you are an idiot.

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  49. Danny

    “Maybe a contrarian view on LEH is needed. Too many people piles onto LEH shorting” – JJ

    Maybe a lesson on the rules of English is needed.

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  50. Korean Bandit

    JJ, what’s after terrerrium? What about prutonium?

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  51. ?

    What’s Asia so happy about this evening?

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  52. Employee8

    JJ: There are rumors tonite of a run on the bank at LEH … going down more tomorrow.

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  53. chivasontherocks
    chivasontherocks

    http://youtube.com/watch?v=bmysVoRBgyA

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  54. Dinosaur Trader

    JJ,

    Did you mean to say that we were running into a Zamboni?

    -DT

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