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
23,445 Blog Posts

A Glorious Morning

There is no better feeling in the world than experiencing pure joy, over a large can of Monster Energy Soda, while watching the fuckers from POT eat pavement. It’s about time someone had the ball sacks to downgrade the stock.

Thank you RBS.

In other news, TSCM shit the shower. Is it any surprise? Really.

I mean, I love the work of Rev shark and some of the other random contributors, but let’s face it; that site is built around Cramer. Even at $8, the stock is extremely pricey. In my opinion, the stock needs to find a home around $5.

WB caught an upgrade, out of sheer fear that “The Fly” would be angered, is my suspicion. At any rate, I am quite pleased and will be selling my shares, shortly.

Look you, I have no time to fuck around with imbeciles on the internet. “The Fly” is a very important man, with dozens of “irons in the fire” and multiple wins in his pocket.

I can only tell you, with utmost sincerity, I despise elderly people and their bearish ways. It is no secret, I relish the opportunity to catapult unsuspecting bearshitters into a field of cacti.

Regarding the market:

Common sense says to short everything in sight. However, price action dictates otherwise. The reason why we are undergoing multiple expansion is due to a rosy 2nd half outlook. The earnings comparisons from Q4, ’07 to Q4, ’08 are absurd. We are expected to increase earnings by a whopping 62%.

I believe it makes sense to milk this rosy outlook as long as one can, without having to actually see the proof. In other words, trade this rally, as if it were the last rally of your life.

Top pick: short POT

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29 comments

  1. jay

    YES!! SMN FINALLY!

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  2. Kiwin

    Don’t go and have an aneurysm now.

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  3. PleaseKillMe

    Yen does a “fuck you” to the dollar. We go way lower today.

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  4. Small Titi

    Just a thought. If Fed is expected to stop easing rates after this meeting, and the trade is to sell ag/commodities, what about China? If the dollar rebounds and with lower commodity prices, a lower yuan might continue to drive China’s growth story once again? Or am I totally wrong in this assumption?

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  5. CubsRock

    Anyone keeping an eye on MSFT? Think it will hit $28, if they back out of yahoo it could do $31 easliy.

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  6. PleaseKillMe

    Titi, you’re wrong, but do invest in China.

    The Chinese have enough personal savings now and foreign investment to not have to rely on a weak yuan. On the other side of the water, is America…with no savings and foreign investments pulling out.

    Short America, Long China.

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  7. Buckeye Bob

    Wow – what a crazy market – C is actually down – this is at least a 50 stock – they only have another 30 or 40m to rewrite (or did I forget to add zeros to those write downs) – lol

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  8. TraderCaddy

    The rotation continues from commodity stocks to chips and banks and although the brokers are down watch GS as they run the tradebots and GS is hardly down.

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  9. DB

    GLW looks to be starting a breakout. I bought some a few weeks ago at 25.95 and just added this morning.

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  10. Real Conservative
    Real Conservative

    someone shoot GW before he does any more damage to this country & this world

    yes, I said shoot, as in to kill

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  11. SecretServiceMan
    SecretServiceMan

    Real Conservative: Your IP address has been traced and when we knock on your door in five minutes we request that you open the door slowly. Thanks for your cooperation.

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  12. JakeGint

    “Real Conservative” is to a real conservative as “Pravda” is to a real newspaper.

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  13. Steve

    Who let the European in?

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  14. Real Conservative
    Real Conservative

    as FOX news is to objective journalism

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  15. boxer

    http://www.thesimpledollar.com/2007/03/12/ten-books-that-changed-my-life-7-the-conscience-of-a-conservative/

    Real conservative… you’re never going to live in a nation run by real conservative again, unless you move… You don’t have even freedom of speach anymore… Try to seriously plan and talk in public about overtaking the government, which is in reality a constitutional act without facing resistance.

    And if you think that Fox News is telling you what a “real conservative” is, you’re way off. Anyone who comes along against anything that would aid the owners oil companies that they own and it’s “unamerican”…
    Rather than conservatives be pro building up the millitary defense, they have you convinced that “good offense is a good defense”, and that wars should be initiated first, and faught offensively… you know, in the name of “national soverngty” and defense of the homeland, and to “defend against terrorists”… you know, like Hitler did.

    Any real conservative would be building up our DEFENSE to defned our own borders, and they certainly would be “conserving” a lot more. The government is now many times larger than the one in England that we revolted from, and the taxes are higher. We’re now the 2nd most corperately taxed nation, and we’re not the only one with a stock market anymore. It’s no surprise that rich people are moving their money out of the U.S. If you’re a “real conservative”, then mission failed. This nation has been run by facist liberals for the last century, and not very well at that.

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  16. boxer

    But then again, the federal reserve has us by the cajones, and if we stop spending and printing money, there’s not enough dollars available to pay back the fed, so we are forced to surrender assets that have real value one way or another.

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  17. Mushroomz

    When does the Fed decision come out?

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  18. Fake  Conservative
    Fake Conservative

    I love Bush. I love McCain. I love Hillary but less than napalm dropper on rice farmers, war hero, McCain. I hates Obama.

    I loves Sean Hannity.

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  19. The Fly

    You also love “illegal Mexicans.”

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  20. Sean Hannity

    I am a total dick

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  21. Fake  Conservative
    Fake Conservative

    I only loves illegals who are on my payroll but are not on my payolaroll, as far as Uncle Sam is concerned.

    if ya knows what I mean.

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  22. combs

    sup the names puffy, you can call me P Dizzy

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  23. Alan Colmes

    You sure are pretty boy.

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  24. Woodshedder

    Liberals make better lovers…

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  25. Alan Colmes

    /\Puffy took my name… he can’t spell either.

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  26. MN Bathroom

    no they dont wood

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  27. The Fly

    Will everyone please deduct karma points from the deviant/wrong minded “Woodshedder.”

    Thank you.

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  28. Real Liberal

    I can suck my own Sean Hannity, which is the real reason why fake conservatives hate us.

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  29. Juice

    If you like Gold, it has a date with destiny in the low 800’s & possibly a spike low below 800. I’d load the boat with DGP down there, before its next appointed date with destiny at $1600.

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