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

Bears Murdered in Halloween Trading

I need to scurry along and prepare for my egregious Halloween festivities. As you know, “The Fly” is all about scary little kids in Santa Claus costumes.

In closing, I did nothing today. I am keeping my BE Aerospace, Inc. [[BEAV]] for the inevitable end of the idiot union strike at The Boeing Company [[BA]] , hopefully this weekend. Also, I am keeping my entire National-Oilwell Varco, Inc. [[NOV]] position intact, based upon its erroneous valuation.

I nibbled at lightly traded American Vanguard Corp. [[AVD]] , based upon PPT ratings. At the present, it is ranked higher than The Mosaic Company [[MOS]] and all other ag plays.

I am closing out October at all time highs, up more than 63% year to date, much to your chagrin. LIBOR is coming down. Sentiment is improving. And, finally, the bears are getting exactly what they deserve: a sharp blade to their string bean necks.

NOTE: [[TBT]] has been goose stepping higher, probably the safest trade for the next 5 years.

[youtube:http://www.youtube.com/watch?v=ClbK4YYAAGk&feature=related 450 300] If you enjoy the content at iBankCoin, please follow us on Twitter

37 comments

  1. Charlie Dangerfield
    Charlie Dangerfield

    I’m on CNBC right now fuckers

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  2. CAP

    SLLLLUUUUURRRRPPPPP!!!!!!

    *Cough*
    *Cough*

    *Gasp!*

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  3. TraderCaddy

    As Casey Stengal used to say (before the Mets became gentrified)- It aint over till it’s over.

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  4. ZenProfit

    http://www.quotedb.com/quotes/1303

    “It ain’t over till it’s over.” — Yogi Berra

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  5. 3:30 asshat brigade
    3:30 asshat brigade

    We’re currently deciding if we should take this bullshit market straight up or straight down in the final 30. Any suggestions?

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  6. Mike hock-erts

    Last 10 mins elusive – hard to understand or comprehend

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  7. Cap is disgusting.

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  8. TraderCaddy

    Oops. Sorry wrong guy, right quote (almost).
    I know Casey said this one (I think)- The trouble is not that players have sex the night before a game, it’s that they stay out all night looking fo it.

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  9. ALLPROz

    Take it all CAP…take it like a man whore…

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  10. Anton Cigur

    Nice work this week, Petey. Thanks.

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  11. ALLPROz

    Don’t forget boys and girls…the infamous after market close on Friday is prime time for some backward ass company to report lowered earnings expectations…”under the radar”…

    Sneaky bastards….

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  12. TraderCaddy

    Not to worry. Still have 15 minutes left. The market can go up 300 points.

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  13. Mike hock-erts

    I knew it was just too good to be true (market trickery) lucky im still in cash

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  14. Merlin

    I still have 15 minutes to vaporize your bullshit bullish profits.

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  15. Contrary Indicator
    Contrary Indicator

    That’s a textbook “W” bottom on TBT. There’s no way in hell that goes down.

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  16. Carey

    Wow i want Dylan’s glasses.

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  17. potatomuncher

    why do they bother with a full trading day anymore. they should just open it for the last hour and call it a day.

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  18. Juice

    Flyer trade – I’m thinking STRA is getting marked up for mutual fund y/e today … I’m gonna do a weekend short on it right here.

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  19. Merlin

    Paint that tape into the close! Impressive.

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  20. jackass dice roller
    jackass dice roller

    I won!

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  21. ZenProfit

    Video of The Fly’s Halloween Extravaganza:

    http://www.youtube.com/watch?v=Pzr-9GzsXLY

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  22. CAP's Dick

    wow, I did not expect him to swallow, it was the first time! Sweeeeaat!!!!

    Smoking a cigarette…..

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  23. Bad news,bad news, and bad news. The market loves it!! LOOL

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  24. Mike hock-erts

    I am now a raging bull

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  25. Senor Fly, I am becoming very very alarmed at the no. of bulls among the third tier bloggers and homos who frequent these threads………..even Cramer is saying everyone is becoming bullish so watch out!

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  26. DEVILDOG

    1000% short and sold the wives 34D’s to add to RTH shorts.

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  27. Damon

    Trick or Treat!

    Getting ready for the candy munchkins here on the West Coast.

    Just remember, those cute little kids are the future of our country, and they have no clue about what the hell is happening in the stock market. Nor would they care if you told them.

    They DO care about the “stock” of candies they get in their sack, though!

    Having said that…not wanting to hold anything over the weekend, I sold my MOS position at $39.21 (Thanks, Fly!)

    Seems like the news after the bell isn’t so hot, like Citibank losing 1.3 Billion on C.C. debt, etc.

    So, let’s gap down Monday, buy into the opioid rally in the AM, then rally into the close. Then….

    Gap-up on Tuesday at the open, fueled by an Obama’s-gonna-be-prez euphoria, and sell the f-ck out of the close?

    Then again, I could end up wishing I didn’t sell MOS the way that sucker performed today. Wow.

    Has anybody out there done any technicals on that stock today?

    Happy Hallo-weenie!

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  28. JakeGint

    Very busy today, so I was remiss.

    Jake has a new hero.

    “HERO”

    Book it, Danno.

    _____

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  29. Damon

    Jake:

    It’s “Book ’em, Danno”

    Hawaii Five-O and Steve McGarrett would not be happy with “book it”

    May the great Jack Lord R.I.P.

    Aloha

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  30. ottnott

    Alas. Poor Yorick. Book ’em, Horatio.

    The 2-yr old panda bear was a big hit tonight. She had a 7-yr old ninja along to protect her from psycho bulls.

    Creepiest scene for me in Halloween was the drive to the asylumThe doctor has that Michael was not crazy, but evil. As they approach the gates, you see patients wandering about at night, unattended.

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  31. JakeGint

    I always thought that the creepiest scene was when they showed the whole beginning from behind the mask…only to find the person behind it was a ten year old.

    Still the greatest horror movie of all time, imo.

    ____________

    Damon, I’m perfectly aware of the Hawaii Five O nomenclature.

    However, one does not refer to stocks as “’em.”

    ______

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  32. ottnott

    Damn if YouTube doesn’t have the scene I’m talking about…in Legovision.

    Slightly less creepy with Legos.

    Yes, Jake, Jamie Lee Curtis does make a fine horror movie.

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  33. ottnott

    Sorry, forgot the URL: http://www.youtube.com/watch?v=1eaVaoEJKwo

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  34. BOOMER

    HERO, Jake? As in Hercules Offshore?

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  35. JakeGint

    Boom —

    Yes, as in Hercules Offshore.

    ‘Cause — I need a hero, y’see.

    ______

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