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

Position Update: FED

[[FED]] is being “Ducatied” today. It’s still going lower, mind you.

1. Ducatied

The act of going lower, even though Ducati says it shall go higher.

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32 comments

  1. PharmPhucker

    You gave me crap for being a Corn bull, while you were pushing those Phucking Ethanol stocks. Well look who’s sitting on a mound of gold now. My corn fields grow in value by the minute. Eat Corn Shit and die FLY:

    SAN FRANCISCO (MarketWatch) — Corn futures rose on Monday to a record high for a third consecutive session, spurred by concerns that torrential rain in the U.S. Midwest could cut crop production. The new record came despite a 25% increase in corn margin requirements in futures trading.

    Regards … Phucking Pharmer

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  2. ottnott

    Beneath you.

    In reference to the post. Got no dog in the Pharm-Phly phun.

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  3. The Fly

    Fuck you Bruce.

    So it was a bad trade, sue me. My legal team will eat you for dessert.

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  4. The Fly

    Ott:

    You’re wrong in that respect.

    I inadvertently used the word “jelly knocker” because it sounded funny. In no way did I know its Godly definition.

    Now that I know it, it brings a whole new light to the level of stupidity, known as “the jelly knocker.”

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  5. The Fly

    El Duc:

    Does it matter?

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  6. The Fly

    BTW:

    Malaise is down 1-3%, not 10%+

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  7. InternationalGroupie

    anything happened at 12:25 today? Both DIA, and SPY have huge activity at that point.

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  8. Jakegint

    Duc,

    Apology expected accepted.

    Jake

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  9. CubsRock

    C broke 20, come on Fly… You can do it!

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  10. Jakegint

    Fly,

    You bitched at someone for putting up a vid of questionable taste, but you highlight the above unfortunate definition?

    Reminds me of the folks who get pissed off if some prime time cop show features cuss word, or a strip joint, but like the lingering closes on eyeball gun shots “for the realism.”

    Just sayin’.

    __

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  11. The Fly

    Wow.

    Jake calling me out on the moral high ground. Sir, I do not know what you speak of.

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  12. ottnott

    Good edit.

    Jake and I read your blog to our kids at bedtime.

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  13. ottnott

    Just finished listening to a podcast novel last night.

    The story end with the hero riding off to start a road-trip with some coke-loving Czechs. He’s on a new Ducati.

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  14. ottnott

    Someone just flushed a second time, trying to get the LEH out of the bowl.

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  15. The Fly

    Hey Duc:

    If you sold short 10,000 shares of FED at my recommended prices of $32, $28, $20, $16 and $14, would you be happy today?

    Case closed.

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  16. TraderCaddy

    Ducati- Have a question for you. Awhile back I was caddying for my son in a golf tournament who was playing with a guy from New Zealand. Every time I said good shot to him he would say “cheers”. Does this mean something other than “cheers” while toasting with a beer, etc?

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  17. ottnott

    TC – he was saying “shears”. It is the first word every Kiwi learns.

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  18. Jakegint

    Jake calling me out on the moral high ground. Sir, I do not know what you speak of.

    Appreciate it, thanks for the quick response.

    You know I’m all about the brand equity, babe.

    ______

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  19. Jakegint

    If, and only if, it goes bankrupt will you receive any credit from me.

    Geez, Duc, talk about “moving the goal posts,” do you have some work with the DNC in your background?

    However, I might add, in addition, it would need to trade at a price significantly lower than $13.

    How much more significantly lower can we go than BK?

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  20. Jakegint

    Jake and I read your blog to our kids at bedtime.

    Ott is not far off. I sometimes show the site to my (older) sons if there’s something of interest I wish them to learn about.

    Usually, that means a GW musical retrospective. They know little of hippie anthropology.

    (I debated showing them that freaking lizard, which is one of the coolest things I’ve seen here, albeit the clevely animated ramblings of a semi-scatalogical crazy person)

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  21. The Fly

    Duc:

    Just take this discussion somewhere else.

    No one cares.

    Thanks.

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  22. Jakegint

    Duc — you are correct there, I don’t deal with companies that go bankrupt, as a rule.

    I only short them.

    And please, learn to read with comprehension. I did not say “lower than zero,” I said “lower than BK,” which does not mean zero– your “making an ‘ASS out of U and ME'” aside. Hardly any stocks go to “dead zero,” before one bails on them, a fact which, if you were a professional I wouldn’t have to inform you.

    _______

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  23. Jakegint

    TC – he was saying “shears”. It is the first word every Kiwi learns.

    ROFL.

    They’d better, if they want a summer job and Peter Jackson’s not doing any crowd shots that season.

    ___

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