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
23,443 Blog Posts

Observe

Once again, “The Fly” will make all of you look silly, like a gay giraffe driving an ice cream truck. Much to my chagrin, the banks are on the express elevator down. It appears the pending liquidity crisis is coming sooner than I thought, as evidenced by today’s news from [[AIG]].

At the present, I am heavily short [[FED]], with great pleasure. Also, I may take the “internet advice” of the one called “JakeGint” and sell some [[FITB]]. It doesn’t look much better than FED.

For those of you who believe [[FXP]] is going lower, sell it short. I beg you to do it.

Nothing will please “The Fly” more than taxing your bullshit brokerage accounts and using the proceeds to finance some egregious landscaping project, via “illegal immigrants.”

Take a look at the banks, you fucking faggots; they’re knifing lower. Why?

Well, you will all learn soon, why this crisis is 100x worse than the LTCM debacle of 1998.

At this point, “The Fly” is not able to assist you; it’s too late. The wheels are in motion; the roller coaster is already on the incline, ready to dive.

I’ll have you know, all day, I’ve been preparing for an “exogenous event” via multiple short sales. I must be careful of what I espouse on this stupid blog. But just know, “The Reverse Four Horsemen” is a “reverse money maker,” which includes: [[FHN]], [[DSL]], [[CORS]] and FED.

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26 comments

  1. DB

    If I may offer some “internet advice” check out KEY for a short.

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  2. The Fly

    Sorry DB, you may not.

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  3. concerned parent
    concerned parent

    can we get a admin in the pg?

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  4. DB

    Oh well I tried……

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  5. CubsRock

    In case anyone was wondering just who this “JakeGint” was, a simple google search reveals this.

    http://www.jakegint.blogspot.com

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  6. JakeGint

    Apologies for not being here, but the $18.98 number was about the best possible shorting place (bottom of the last fib chart) for FITB, and it hit it just a bit ago.

    There is a chance it may rise up one more time for a ceiling smack, but I wouldn’t count on it.

    Thanks for the mention, Fly.

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  7. patrick

    Great one Cubs!

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  8. JakeGint

    Cubs,

    That’s actually my “moron” family, constructed by a border line hater over at “Beanie’s” who didn’t like the frequent lashings I’d administered to his nonsense pump and dump posts.

    I’ve since grown fond of the pic, however. My actual blog did not have “Jakegint” in it at all, and was very short lived.

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  9. Big Mike

    FHN / DSL / FED, short trade is for fucking retards… FED has over a 60% short floating ratio; DSL over 50%… my retarded goldfish could figured this out.

    Watch COF nearing support trend; plus they have much AUTO-LOANS and they are heavily exposed to UK credit.

    What about BBT? and are you playing it through stocks, options or both?

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  10. alphadawgg

    DB-
    Roger that. KEY is going down faster than a cheap hooker working a plumbers convention.

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  11. The Fly

    The only difference Mike, I made more than 50% combined shorting them. What did you make?

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  12. alphadawgg

    No wonder Jake replaces his R’s with L’s. I understand now.

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  13. Anton Cigur

    “Once again, “The Fly” will make all of you look silly, like a gay giraffe driving an ice cream truck.”

    Actually, it’s just the haircut, friend-o.

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  14. HYBRID

    KEY TO ZERO

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  15. HYBRID

    BTW- there’s not a huge short presence in KEY either…not yet anyway.

    KEY 0.01

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  16. Big Mike

    Senor Fly,

    Enough to buy your house…so, like $400ish bucks? Pardon me, $400ish euros?

    So much for my theory of oil topping out…ugh, why the hell do I bother…

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  17. Fly, they can go long FXI if they dare challenge you on FXP – it is the mirror image. Senor Tropicana has a lot in common with you – ever notice? SHORT EVERYTHING!

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  18. der

    wtf, did LEH halt trading?
    I’m getting nothing for LEH on my scottrade account but “symbol not found.
    I searched lehman brothers and nothing

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  19. Juice

    I gave you KEY
    I gave you FITB
    I gave you RF
    I gave you MI

    where is my fucking thanks?

    and short FXP. watch & learn.

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  20. der

    I think someone with a scottrade account was shorting LEH, so someone at Lehmen or Paulson, or someone had some order to have it shut out from trading there or something.

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  21. der

    juice is fly’s alter ego. when fly hits the window, there’s nothing but juice left.
    Thanks for your picks juice, I think you would get a lot more credit and recognition and thanks if you posted on the PG with your picks. It’d be much eaiser for people to refer back to.

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  22. Juice

    thx der. don’t really care about credit or recognition, not that I wouldn’t say thankyou or something. but mostly I’m just mouthing off, having fun, playing the game played here at IBC.

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  23. der

    ok so LEH is working on scottrade now, that was weird… rumors flying

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  24. JakeGint

    You gave me FITB?

    Interesting.

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  25. Juice

    whos talking about giving it 2 u

    I’d mentioned it a while back … I got it from someone else

    whether I mentioned it first, you did, or someone else did, who really cares

    take credit if u like, what does it matter to me

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  26. JakeGint

    I guess all I know about “what matters to you” is what I read here, and about six boxes up you seem to attempting to garner some praise.

    Whether justified or not.

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