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
23,433 Blog Posts

Victory, part II!

The idiots on CNBC are so fucktarded, it hurts my brain watching them. They are too giddy over the recent rally and need to put things into perspective.

The market will not go straight up. Their incessant cheer leading, as usual, will end up deballing scores of novice investors. Even seasoned pros, like Cramer, have handled this crisis with total dishonor. Remember, that asshole was calling for Dow 4,700 by today, this past weekend, via his low end blog.

Speaking of which: why does anyone subscribe to Realmoney.com? Seriously, I want to know.

I’ll have you know, “The Fly” is rather busy playing a game of darts, at his office “of the Gods.” He is roaming around, again, in a white robe and leather sandals, while his trader/servant follows him around burning incense and carrying “The iBankCoin Standard.”

My plans, as usual, is to outmaneuver my opponents, while enriching my checking account with freshly minted fiat currency. I will not be doing anymore buys or sells today. Instead, I will commence celebrating my victory, over a nice bowl of ambrosia and grapes.

UPDATE: Despite promising no more buys/sells, I bought 3,000 The Mosaic Company [[MOS]] @ $39.35. It’s down too much. Okay, back to my grapes.

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52 comments

  1. Juice

    Realmoney.com is indispensable for its contrarian value & other odds & ends.

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  2. JakeGint

    Perhaps you could disappear into the bathroom and come out carrying a pair of stone tablets?

    That oughtta “wow” the shit outta them!

    __

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  3. mrkcbill

    Bullshit.. I have the over..I say you buy before the bell.

    OTB style.

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  4. The Game is Rigged
    The Game is Rigged

    Ambrosia, is that the Victoria’s Secret chick. I love her.

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  5. Itchy and Scratchy
    Itchy and Scratchy

    …while his trader/servant follows him around burning incense and carrying “The iBankCoin Standard.”

    What a picture

    LOL LMFAO!!

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  6. JakeGint

    Perhaps you could disappear nito the bathroom for a sufficient amount of time for your employee servants to get all “confused and “lose their way” & shit.

    Maybe melt their bling down for some Baal idolatry in the interim?

    Then you can come outta the bathroom with these pair of stone tablets, see…and really give em all the “what for!”

    _____

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  7. Billm

    Real Money has good commentary besides Cramer…Cramer can get annoying with his market idea, Rev Shark keeps me balanced…

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  8. Donny

    Now that’s some funny shit … “ambrosia and grapes”. What about the dozen or so topless women feeding you the grapes.

    Sounds hedonistic to me.

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  9. JakeGint

    Ambrosio?

    Can’t touch dis!

    _______

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  10. DPeezy

    Jake, again with the stealing of my women. This has got to stop!

    Actually, you can have her. I’ll keep Miranda.

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  11. DPeezy

    Also, where does one buy ambrosia? I’ve got a ton of grapes, but no ambrosia…thus, I feel all hollow inside…

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  12. Leonard The Monkey

    It helps to know what Dougie is buying so you can short it.

    Now when he actually does short something it seems he does better with that.

    Rev usually makes sense and calls out Cramer all the time.

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  13. jeff

    Fly – step in to some shorts man.

    How about a ribeye this week?

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  14. Dennis Kneale is an a$$hat

    Not too toot my own indicators horn, but let’s look at yesterdays timely post…
    “# Dennis Kneale is an a$$hat Says:

    Use the Dennis Kneale oscillator – the gayer he looks & dumber he sounds, the more probable a new bear market low is about to happen.

    He looks very, very gay today. He also sounds fucking retarded. get out now…
    October 13th, 2008 at 12:48 pm ”

    http://www.ibankcoin.com/flyblog/index.php/2008/10/13/burn-them-at-their-alter/

    See this: http://www.youtube.com/watch?v=x0vlIEYQT8g&feature=related

    Thanks you…

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  15. Anton Cigur

    I couldn’t stomach sending another dime to cramer, tho I found Rev to offer good perspective, along w/Fitz. Rev’s blog attracts a great group of traders who regularly comment. If anybody but that dwarf had his name on the door, I’d probably still subscribe.

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  16. mrkcbill

    Market is frozen..line in the sand time…they’ve put all the ribeyes on the grill.

    I always wondered where all the money came from for all of these 1,000,000 homes…now I get it…there ain’t no money.

    TARP….really if your not nauseated by this action… well I can’t help you.

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  17. ProTrader

    Fly;

    That’s funny I was playing darts in a jockstrap and crocs. It must be nice to be on a Godly level.

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  18. Dinosaur Trader

    REITs getting the homo-hammer.

    -DT

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  19. The Fly

    Whoa, the carnage in the REITS are severe.

    Look out.

    Someone is being liquidated.

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  20. RC

    Fly,

    Where can I buy The iBankCoin Standard?

    I would love to own one.

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  21. gappingandyapping
    gappingandyapping

    Call me a fucking idiot with a land mine filled car but I bought a starter position in MOS at the same price. Thanks!

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  22. alphadawgg

    RC–
    Maybe you can even get a tax deduction for “business use” of your favorite Hummer plastered with the IBC logo.

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  23. Donny

    Commodities are gay
    kinda like “J”
    look at the move on SMN today

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  24. Juice

    Sorry Fly, u da man, I know Tim is gay, but this is funny

    http://slopeofhope.com/2008/10/yow_hoo.htm

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  25. JakeGint

    Any interest in a cuppa JOE here, Fly?

    _____

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  26. Big Mike

    Yo Fly,

    I signed up for Real Money Silver cause of Dougie Kass posts plus Tony Crescenzi’s arent bad either.

    Actually I think the Gartman letter is more of a rip off than anything else…$400 bucks a month? That was enough to cover my living expenses in college, rent included.

    Speaking of which, anybody recommends another service?

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  27. Juice

    Jake, you talking short Joe, long/short SBUX or long JAVA ?

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  28. TraderCaddy

    I have gotten along without Realmoney for over 25 years of trading. By the way, what is it?
    Excuse my ignorance re:CNBC this PM, I took a short nap and just woke up.

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  29. wtf?

    holy crap, Cramer is losing it.

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  30. 4fl3x

    “Whoa, the carnage in the REITS are severe.”

    My SFI is doing ok, nothing to liquidate 😀

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  31. Dinosaur Trader

    What, no Merlin? No “Poof! Your bullshit rally is gone?”

    Speaking of rallies… what’s with HIG? I’m getting my balls squeezed off in this shit.

    -DT

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  32. Awake

    holy shit SRS

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  33. JakeGint

    Rage — I picked some CBL up last week at around 10 fitty.

    We’ll see if that 20% yield holds…

    _______

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  34. The Contractor

    Why is the 3 month treasury yeild still at crash levels? Anyone?

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  35. CM

    Anyone looking at drybulk carriers? Baltic dry index has gone down too fast. Demand has not dropped that freaking fast. DRYS EGLE and GNK look like good plays for a bounce. GNK even has a 29% yield.

    FLY – any of these on your radar?

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  36. gappingandyapping
    gappingandyapping

    This trading action may suck in a lot of shorts. Look out for Paulson to hit the bid tomorrow.

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  37. JakeGint

    Jake, you talking short Joe, long/short SBUX or long JAVA ?

    Long St. Joe, long Florida land.

    _____

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  38. Awake

    SPG getting taken out and violated, probably a large reason for whats going on over there

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  39. Awake

    Prologis (PLD) down even more

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  40. Anton Cigur

    TC,
    RealMoney is a service that helps you wipe out excess wealth. If RM doesn’t do the trick fast enough, you can pay extra for something called “Action Alerts Plus” where you will be “entertained” by Bozo the Clown’s little brother dancing by the light of a bonfire made of piles of your cash.

    I subscribed years ago thinking I’d learn something, and I did. Expensive lesson, tho.

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  41. Donny

    The Contractor … the reason is perceived safety in US T-Bills. Yield is obviously not the reason, fear is.

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  42. TraderCaddy

    Who publishes (writes) Real Money?

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  43. Juice

    tragic to see comm re get carpet bombed like this

    more napalm please

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  44. Steph

    I subscribe to realmoney silver because your friend Doug Kass actually makes me money and well worth the subscription. Cramer used to be good when I originally subscribed but that was in the mid to late nineties and he would exchange by e-mail in those days. Now he’s just plain neurotic.

    Rev Shark is just annoying. He just tells you to be careful, be careful, be careful. You don’t lose money by listening to him, but you don’t make anything either, you just sit on your hands watching.

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  45. Anton Cigur

    Damn, SRS blowing the roof off.

    Ironic, no?

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  46. Why read RealMoney?
    Why read RealMoney?

    Tony Crescenzi

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  47. These Colors Don't Run
    These Colors Don't Run

    I bet when Margaret Brennan farts it smells absolutely lovely….

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  48. Market Fool

    Fucking whiplash man.

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  49. Steph

    I’m mesmerized by Michelle Caruso’s cabreras.

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  50. Thunderpup

    I told you suckers not to rally without me yesterday.

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  51. TraderCaddy

    Will INTC surprise? Has the worse already been discounted? What to do, if anything?

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