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

Zeus Rally Pending

I am a raging gorilla (on steroids and coke), eating all the fucking bananas. No bananas for you, fuckers. They are all for me. It is my tree, assholes.

In other news:

Look at Fifth Third Bancorp [[FITB]] today, up BIG on gov’t money. What the fuck does that mean?

Well, goat lovers, that means lots of banks will shoot higher off of this non-event, since the market deems it to be cool.

Yeah, yeah, yeah, the market is gayer than a two dollar fiddle. However, it’s time for us to go higher now, at least for a day. It’s time for Zeus himself to come down and strike those who are short equities, with giant lightning bolts and buckets upon buckets of cold water from the Arctic
Ocean.

As you know, “The Fly” is aligned with the stock Gods and has a very keen eye for market turns. The lack of volatility is HUGE for pikers on the sidelines. The market needs a few sedatives, before a move up. Should this fucker stabilize, we shall have the “epic rally” I was alluding to last week.

When that happens, you’re going to want to be long emerging markets, like Hong Kong and Korea. Hell, you may even want to go long those hari-kari cancers from the east: Japan.

In short, Zeus is coming down (from the heavens), following his afternoon snack of grapes and sweet ambrosia. He is bringing his lightning bolts and arctic water with him, and will turn many bearshitters into smoldering piles of ash and shit, sometime soon.

NOTE: To play emerging markets, [[EEM]] , [[EWH]] , [[FXI]] and [[EWY]] are my favorites. For Japan, just go long Canon Inc. (ADR) [[CAJ]] or NTT DoCoMo, Inc. (ADR) [[DCM]] If you enjoy the content at iBankCoin, please follow us on Twitter

60 comments

  1. 4fl3x

    Thanks

    Grabbed some FXI 2010 calls this morning but was looking for a different play.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. hk.slanteyes

    after 14%down on the day this is the gift of the month.
    buy what you see.
    the money is yours

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. Mr. EB

    Melt up time. Let’s rock!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. The Zombie

    ALERT:

    THE FLY IS GOD.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. Tim Knight

    I win again!

    ho hum 😉

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. Steph

    Anyone else following this Volkswagen saga? Now that is what I call a short squeeze, up 125% today.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. Effin New Guy

    Hey Fly,

    Those cool graphics that accompany new posts on your home page are missed when I keep my browser on the flyblog page & just continuously roll to the newer posts.

    Please demand that your effin Web Guy add his cool graphics to the flyblog page also.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. Bill Griffieth schooling us on AC/DC…good grief

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  9. TraderCaddy

    Must be those dumbass commercials with Brooke Shields.
    Worst commercial I have ever seen. “People having babies in order to get German technology.” Reminds me of Mengle experiments with babies and the Nazis.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. The Fly

    Effin new guy:

    Fuck you. Go to the front page.

    Tim:

    I win more.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  11. CAP

    Why is Tim Knight posting here ? This is a blasphemous turn of events.
    FLY, TK has invaded your turf. He’s pillaging your blog, plundering all that you have worked so hard for.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  12. Steph

    Dennis Kneale hates AC/DC. Definitely a knob.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  13. Mr. EB

    Volkswagen is an example of the short squeeze potential of this market.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  14. Kneale probably still in the Rick Astley Fan Club
    http://www.youtube.com/watch?v=Yu_moia-oVI

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  15. Viva Las Vegas

    SIRI right behind them +41%

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  16. PPT Chairman

    DEVILDOG likes to suck Rick Astley’s little penis.

    Mmm, Mmm good he say, especially the final explosion.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  17. Mr. EB

    The great bear market rally of 2008 has started. It has begun!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  18. Zulu Warrior

    The NYT ran an article yesterday about how pleather is “recession chic”.

    What’s your best pleather play?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  19. Thunderpup

    All aboard. EDU still sucks my hairy balls – die you POS.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  20. Donny

    That’s the smell of yet another Sweet Victory!

    I spit on PermaIdiots like that fucking retard, DD.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  21. alphadawgg

    The “raging gorilla” reference reminds me that I need to go rent “King Kong” for later tonight.

    Thanks, Fly.

    As always, the market sucks.

    A-D

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  22. TUNG

    JUST A QUESTION IF YOU SELL ALL SKF SHARES… WHY DON’T YOU JUST GO BACK AND SHORT SKF??? ANY REASON FOR NOT SHORTING SKF??

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  23. The Fly

    The PPT just spit out a buy rating on NOV.

    3.01
    Buy

    It’s been bearish.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  24. The Fly

    Because I want UYG.

    Fuck off.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  25. sniper6

    SIRI- yay for nuttin’.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  26. CAP

    Wow, we are nowhere near the highs of last Friday and people think we’re rallying. LOL.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  27. TUNG

    WHY YOU SO MEAN ??? STILL GOT LOVE FOR YOU

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  28. Thunderpup

    A slow start to a rally is kind of a good thing at this point. There’s no forced selling going on. There’s no short covering. People are simply buying stuff again.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  29. Mr. EB

    They day is not over yet. My stocks however are flying.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  30. sniper6

    I’m gonna go all “Raging Gorilla” on the Snipette, later. In a good way, of course.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  31. Mushroomz

    Does CNBC know about the PPT’s buy rating on NOV?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  32. Raptor

    This is the Raptor speaking:

    I’ve continued to snap up equities friday and today and I’ll be at it all week. This market is going higher whether Zeus likes it or not. A simple fact.

    I see good value in both Europa and the US with a clear preference for energy and insurance names. Retail sector not too bad either.

    Also a good trade: short vols on AUD, JPY and NOK (3m/3m).

    Have a pleasant evening.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  33. Larry

    How did Tim Knight win? He is predicting the same thing as you. So I think its probably not him that is posting.

    Unless the contest is:
    Person who has had more dicks in his ass.
    or
    Longest and most boring video updates.
    or
    Biggest Flip-flopper
    or
    Dumbest

    Then yes, Tim Knight, you are the winner.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  34. Steve The Neighbor
    Steve The Neighbor

    Hello Fly. I lost my job today.
    Can I be your gardener and if so do you provide a 401K?
    It can’t be the kind of 401K that Obama wants to confiscate.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  35. Carey

    Fly can i have your input on X?

    You put X as the top 10 stocks you would get if the world never ends, i am holding X as one of my diversification and tomorrow there’s earnings to it.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  36. DEVILDOG

    Poof…your bullshit rally is gone…odd no?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  37. Grandpa

    Donny, in and out on DIG, 2 hrs 9.9%. Thanks for the heads up. Blow the whistle when DUG is pulling out of the station.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  38. Michelle B

    @ Raptor

    Europa? Is that some kind of erotic soap on a g string?

    And though we all know that it is indeed you who started the comment because of the much needed “This is the Raptor speaking”, how the fuck do we know if it is you signing off? I demand “This is the Raptor signing off.” “Good evening” will not cut it. It is sloppily inconsistent and annoying.

    Anyway, still scaling into longs which I started late last week. UYG, INTC, DIG, EWH, etc.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  39. ZenProfit

    Will there be a 3pm collapse today?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  40. The Fly

    Fuck you junkie bastard.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  41. Fab

    sold SRS and bought UYG

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  42. Thunderpup

    Still green on my screen, but barely.

    Die EDU, die! You commie POS.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  43. Viva Las Vegas

    “I am a raging gorilla (on steroids and coke), eating all the fucking bananas. No bananas for you, fuckers. They are all for me. It is my tree, assholes.”

    In the immortal word of Howard Stern…”homosayswhat?”

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  44. DEVILDOG

    Hey Donny, you’re a fucking idiot bulltard just like fly ppt chairman and eb. 4 dumbasses.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  45. Donny

    Wrong FuckTard. I am neither bear nor bull, and I spit on idiots like you who a deeply committed.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  46. BOOMER

    Stocks suck.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  47. Merlin? Where is he? Merlin says F Zeus and his BS rally.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  48. ZenProfit

    Mr. Fly:

    “Fuck you junkie bastard.”

    For those of us playing along at home, could you specify the poster you are excoriating?

    Thanks.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  49. The Fly

    Actually, Donny was quite bearish.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  50. The Fly

    Apparently, the “Zeus Rally” is over. He had to go back and eat some more grapes.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  51. The Fly

    Devildog.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  52. j

    DEVILDOG…their rally is fading…I am getting so hard for you right now.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  53. Thunderpup

    Dunno, my watch list has some stocks up 3,4,5% while pieces of crap like EDU are down 6%. Stocks are being sorted. The world was supposed to end today, and it didn’t – we’ll see.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  54. DEVILDOG

    I’m goona start my own site for intelligent people. Fly and his followers are cluless asshats. Odd no? BTW, fuck zeus, gorillas, bananas, grapes, ambrosia, artic water, lighting bolts and any other stupid fly bullshit. Fuck America too…land of bullshit.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  55. Gio

    Fly is right, from a trader’s view, those on the sidelines are waiting for the volatility to drop and for the market to get boring. There is room for an “epic rally” here, but the Fed’s meeting this Wednesday is holding back buyers… A LOT of buyers. So although many of my numbers are pointing to a relief rally, news trumps technicals for now. Then you have the up-coming elections, which is another burden on buyers.

    … if you can start buying here, then I think you’re patience will reward you. Just buy in small increments to prevent you from letting your emotions dictate your trades and lack of trades.

    As it stands, Gio’s “epic rally” (haha, I’m referring to myself in third person) of 1,700+ points on the Dow is the one to beat.

    http://ibankcoin.com/gioblog/?p=2105

    versus

    http://biz.yahoo.com/smallcapinvestor/081013/11526.html?.v=1

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  56. DEVILDOG

    Yeah Donny, you’re a perfect representative of America today…no commitment, no staying power, just flip flop pussyism. Fuck your weak ass…American punk.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  57. Mr Market

    DEVILDOG…I can suggest a name for your new website:

    iwaxmydolphin.com

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  58. Daved

    That was a short rally

    • 0
    • 0
    • 0 Deem this to be "Fake News"