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
21,316 Blog Posts

People of America: REJOICE

Our stock market is about to break the fuck out, which will lead to a new wave of self made millionaires and fat cat investment bankers.

There never was food shortages. As we now know, they were just inventory glitches.

Rejoice in the fact that the dollar is up today, clearly marking the bottom in the mired currency, at the same time deflating commodities.

People of the internet, it’s time to get dumb. If you were the type of guy who ignored news, over the past 2 months, you banked coin.

Get dumb, drunk and become rich.

Major breakout in financials. I love [[MER]], [[MS]], [[GS]], [[JEF]], [[PJC]], [[MF]], [[LEH]], [[CS]] and [[CLMS]].

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16 comments

  1. lol

    so this is real? Your blog didn’t get highjacked?
    What about SMN, You still a buyer?

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  2. CubsRock

    The Fly sold most of his SMN before getting drunk.

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  3. The Fly

    I own a little smn.

    I am a changed man. I warned you bearshitters “The Fly” would leave you at the top of the mountain w/o warning.

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  4. watching

    it’s the hangover I’m worried about.

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  5. Kiwin

    Yeah, he must be inhaling copious amounts of cheap alcohol.

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  6. Dick Bove

    Atta boy, Fly, that’s the spirit! A real trooper, that Fly. A real man about town! Three cheers for Fly!

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  7. CubsRock

    Mr. Bove, after this huge rally the XLF is still below where you recommended…

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  8. Sir Douchebag

    you should always ignore the news as an investor…

    breakouts normally occur when the news is the worst.

    It’s just hedge funds swapping from one asset to another, follow:

    short QQQQs, buy gold then:
    buy oil / commodities, distribute gold
    buy tech, short gold, distribute oil services
    buy China big caps, short oil services

    follow the leader….

    Next play will be to reload gold, base metals, distribute tech — but wait for it.

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  9. Mushroomz

    ININ is a $20 stock you can buy for $12

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  10. WildWestie

    Fly is Cramer in disguise. BOOYAH!

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  11. TraderCaddy

    Sir Douchebag has a good point. Just follow the money and don’t think. The hedgies with their TradeBots run Wall Street. I always felt Moe,Larry and Curley (but not Shemp) could make $$ in this game by having a below average IQ.

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  12. Gunners

    Fly,

    Do you have the DECK short on for tonight?

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  13. PleaseKillMe

    The typical Vietnamese rice farmer has banked 4 times what Fly has made in the last 2 days.

    Breaking News… iBC to be renamed iBankRice.

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  14. MarketRaider

    Is this market fricken serious, I mean seriously I know that bear markets have bear market rallies but this is the first bear market I have seen that has been one big bear market rally sprinkled with a couple of selloffs.

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  15. TraderCaddy

    The Vietnamese rice farmers will be driving around fancy bicycles now with New York Yankee baseball cards in their spokes. Almost makes me want to get that plot of land in Da Nang that was trashed with Agent Orange.

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  16. bear on ledge

    FUCK!! what the fuck do I do now!

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