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

Don’t Be a Loser

While my wizard (Merlin) casts spells on ag stocks, I have been very busy intaking massive quantities of caffeine.

I know you fucktards think the market will swan dive, on the back of horrendous future news. Too bad you’re all wrong.

While reading this website, be sure to accept the market misdirection “The Fly” offers you.

One day I am a bull, the next a bear.

Try to understand, I have many more neurons operating in my brain, than all of you—possibly combined. When I die,  my head will be severed from my body, preserved, then kindly displayed at Universities throughout the world.

Regarding the market:

I have “multiple wins” taking place in [[HANS]], [[LAZ]], [[WB]], [[UYG]] and [[CTRP]]. In addition, I am hedged, via [[SRS]] and [[FXP]].

However, it’s worth noting, I have very little confidence in my Chinese short position, considering how brazenly corrupt those bastards are.

I do not mean to spread rumor, but I am hearing, from multiple sources, [[TWPG]] “may be in trouble.” Thus far, I do not have a short position. However, looking at the company, I cannot give you a good reason to go long.

Finally, I am not going to bet against oil. I have a minor [[DUG]] position and will be content with getting my money back, without having to add additional funds.

Betting against oil is for losers.

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23 comments

  1. mrkcbill

    Fly- I sometimes listen to some Rightwing Radio while driving home from work. Funny- about last December these two local dudes would hear nothing of a recession with 5% unemployment blah blah….now last night all I heard from them and the callers was Armageddon. I like how your bullshit detector or time machine works

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  2. CubsRock

    The Fly and Cramer have the same outlook, odd no?

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  3. Mushroomz

    Except Cramer will flip flop on a whim

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  4. BanD

    define whim

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  5. alphadawgg

    Oil to $150. POT to $150. Concidence?

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  6. mrkcbill

    Pot to $150 is that for premium or cornbased

    Oil to $150 is that for premium or cornbased

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  7. alphadawgg

    V is up today on rumors that Joey-Bag-O-Donuts is using his credit card again. He plans on applying his stimulus check against his monthly balance. When will it end?

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  8. Kiwin

    The Fly’s OMNI and NOEC positions are shitting the shower in a ferocious way.

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  9. gappingandyapping
    gappingandyapping

    Should the FED raise rates 25 bips you will be wrong. Should the FED hold rates steady you will be partially wrong. Should the FED cut rates then they will be fucktarded. Either way someone will be a loser.

    By the way I have taken out a long position on Rev Wright. He is my ticket to utter destruction of the 11% tax hike that I will soon be slapped with. Fuckers.

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  10. nullpointer

    fly

    you might not remember, but i questioned your SKF position about a week ago – i thought you were nuts, cuz its a rigged game.

    after more careful reflection, i think you were right – there will come a point in the near future when the game will become “unfixable”

    ….and again today, we see XLF bouncing off 27

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  11. CubsRock

    Hmm, just noticed the double bottom on SRS. Hope this thing reverses for the rest of the summer.

    SMN looks great here if we sell off to end the day.

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  12. JakeGint

    Are you guys watching the Cubes march up this triangle?

    It’s uncanny. Make or break can be anywhere from now til 10:15 or so tomorrow, cause that’s where the triangle tip ends.

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  13. alphadawgg

    mrkcbill,
    Everything is basically centered around corn. It gets put in cars, boats and ATVs. Been to the movies lately? You guessed it….popCORN! There is even a rock group whose name is derived from it.

    It is in everything. If you eat beef, you eat corn. Cows are simply biodegradable processors for corn. Corn is in Coca Cola, candy, cooking oil. Think about it, most people are made of corn. You are what you eat.

    Finally, corn also shows up in little metal containers that perverts “experiment” with.

    Corn is the universal material for the 21st century. Farmers have known this for years. It is a monetary conspiracy that they are using to line the pockets of their overalls.

    We are in a world of shit, which, if you think about it, corn actually benefits from.

    Corn is evil.

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  14. alphadawgg

    BanD

    What do cows eat?…Milk comes from what?…cows. See what I mean? I rest my case.

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  15. Mushroomz

    Here is an easy winner:

    GOOG, ride it up to 600

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  16. Romanian

    Fly,

    What’s the deal with the Microvision Luncheon in NY today? Have you heard anything from your mole? I’ve been searching but I have found nothing showing that there really was a luncheon in NY today. TIA

    PS – The Fed will definately drop rates by at least .25% due to the serious meltdown in housing. They have to keep rates low until there’s some sign of home price stabilization. Frankly, I wouldn’t be surprised to see a .50% cut, although that is a real long-shot.

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  17. BanD

    Milk also comes from goats. Cats also have teets.

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  18. Q4

    HANS came out with a new line of “Organic Junior Water” for kids. Another internet leech piggybacking on you. It is true you do control HANS stock price per Ragin. Thanks.

    Spot on with your market outlook. For awhile, I thought your time machice was running off course.

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  19. JakeGint

    Got bounced out of that Cube trade at the break of the triangle. Shorticus no help there.

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  20. alphadawgg

    Jake,
    You didn’t sacrifice enough kerosene soaked squirrels.

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  21. JakeGint

    Dawg — Obviously.

    I may have to move up my rodent quality level — maybe beavers next.

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  22. alphadawgg

    Maybe Wombats—-rare marsupials, not bats. Cover them in lard next time. See what happens. Good luck.

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