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

Get Me Out of This World

You cannot stop this “non-inflationary” bull run. It’s on some sort of new version of crack, where all of the addicts dump their life savings into stocks that never go down, like [[X]].

Later on this afternoon, “The Fly” will being knocking the dentures out of old men. As you know, the majority of old men are bearshitters, always mad at the world and trying to fuck up parties and shit. I’m sick of these bearshitters and their lack of gumption.

On the bright side, oil is gapping higher today, as people of America embrace the notion that $400 oil is possible—and entirely welcome. With my money, I own [[NOV]], [[RIG]], [[IOC]], [[OMNI]] and [[CLNE]].

In addition, gold is on fire, thanks to the “shittyness” of the U.S. dollar. Quite honestly, with the utmost frankness, I’ve been dumping dollars for euros, before it was popular.

Fucking Chinese stocks are going “caveman crazy,” as people somehow think 20,000 dead is a good catalyst to get long stocks. Right now, [[KUN]], [[RCH]], [[CHDX]], [[VISN]], [[VIT]] and [[FUQI]] are leading the God forsaken way.

Just give me the fucking keys to Zion already. I feel like that agent from the Matrix, who was repulsed by the existence of humans, trying to kill all of the smelly humans.

The stench of this market is so great and so intoxicating, I have resumed throwing calculators (I bought a box) at my trader/servant—until it goes down.

Right now, my top pick is [[SKF]], with [[FXP]] running a close second.

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18 comments

  1. Big Mike

    Way to jinx FXP asshole…

    Looks like financials are breaking down and ags breaking to the upside. Potash will shoot to $300, forcing me to give up my first child.

    Play oil through ACI, RIG, BTU, PBR… If your feeling cavalier, long some solar burriots. Why not? Since those OPEC fuckers are practically BEGGING for us to distort long-term demand via increased expenditure in alternate fuels. Ironically…it’s a fundamental play.

    Natty taking a beating today…buy on the dips.

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  2. The Game is Rigged
    The Game is Rigged

    Thinking about plowintg my lifes savings in to X right here. My broker told me the chinese actually eat cold rolled steel and then shit out fully formed cars. That’s bullish enough for me.

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  3. kurt

    ^ hahaha

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  4. Paradigm Shift

    Higher input costs = earnings miss = reason to rally equities

    The wall of worry now extends to the non-existent ozone layer.

    Its different this time?

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  5. Juice

    It looks like the water (and wind power, thanks to Cramer pumpage) plays may be the next crowd favorite, AMN making a break for it. DCI is strong.

    I’m fairly agnostic on shorting China via FXP. There are better places for your bearshitting money than FXP. HSI & SSEC have a positive bias to them.

    fwiw, I just read that every time oil goes up, the increasingly richer Arabs funnel their oil profits into US market Futures and stocks.

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  6. kurt

    dude Fly, the govn’t is just about to bail out the housing market and iBC is short the financials. I’m scared.

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  7. gappingandyapping
    gappingandyapping

    Oil is shitting hard here. Yet again DUG is a loser even with down oil. Special Note: Fuck all of you.

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  8. idealxcynic

    trade of the year will be SMN, if you can handle the pain and the ugly chart… or i will personally come back and say i was wrong.

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  9. tdub

    Gapping—
    You fucking homo, how many times do we have to tell you DUG is 2x inverse of $DJUSEN. It has nothing to do with how much oil is shitting or how much your wife shits during the day.

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  10. JoeyBagOfButtafucos
    JoeyBagOfButtafucos

    Crude oil is doing a reverse double pirouette shooting chinese italian-iranian oil bolling baron bearshitting fuck as many as possible type star today.

    Good times.

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  11. You're Fired

    Doug Kass
    The Donald Trump Top in Oil!
    5/15/2008 12:34 PM EDT
    Ummm … I would take notice of the near $4 reversal in crude oil. It’s the sort of action that could signal a temporary peak in energy prices.

    Donald Trump waxed enthusiastically about oil on “Squawk Box today,” saying that real estate is not the business to get into as a young man — now it is energy.

    I am pressing my UltraShort Oil & Gas ProShares (DUG) long.

    Position: Long DUG

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  12. JoeyBagOfButtafucos
    JoeyBagOfButtafucos

    ^^^ :clapping:

    Check back in two months for the confrimed “Trump Energy Top”

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  13. Juice

    NEVER put in a market order for anything that trades on the AMEX. Those scum will take pennies from you.

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  14. Green Writer

    Funny how there is no inflation, but gold rips away.

    Juice welcome to American suckers exchange.

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  15. Amex Specialist
    Amex Specialist

    We wear a mask to work every day.

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  16. Mr. Obvious

    Y’know, Fly, after that scene, Agent Smith gets zapped by a mini-gun….just sayin…

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  17. gappingandyapping
    gappingandyapping

    tdub: It appears someone of your intelligence is incapable of understanding the correlation of lower oil prices and prices of Oil and Gas company stocks so I will hold back.

    Fly if all else fails short LEH.

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  18. Fungusamongstus
    Fungusamongstus

    Have you noticed how Alex Tokman, CEO of MVIS, bears a resemblance to Alfred E. Newman? (I would continue with “Odd, no?”, however, “Odd, no?” is now a registered trademark of IBankCoin, and can only be used with permission).

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