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
23,453 Blog Posts

Fuck the Elections

Go ahead, waste your time exercising “your constitutional rights.” I am sure your vote will change the country for the better. All of a sudden, red necks from Virginia will start reading at a 7th grade level; and the pot heads from California will apply for jobs, effectively displacing all of those asshole/hard working illegal aliens.

As for managing money:

I have no interest in playing republo vs demo stocks. That’s pure gambling. As you know, good Sirs, I am no degenerate OTB guy, by no means, as a point in fact, decidedly so.

Although it is tempting to sell it all and just watch; I can’t do that. I like to keep my skin in the game, no matter what. People who go to 100% cash, for an extended period of time, are either really, really dumb or their spirits are riddled with outright cowardice.

As for you Obama haters:

He already won. No one is voting for Granpa Munster and his idiot sidekick. If the market wanted to price in an Obama win, it had weeks, if not months, to do so. In other words, I do not think the market will crater on Wednesday.

The drop off in crude is troubling. Should it continue, expect to see the market get all weak kneed and shit. So, if you rally lovers want to see more green, you best call your Arab friends and kindly ask them to jack up the price of crude— God willing, of course.

Top picks: Cash, BE Aerospace, Inc. [[BEAV]] , American Vanguard Corp. [[AVD]] and National-Oilwell Varco, Inc. [[NOV]] If you enjoy the content at iBankCoin, please follow us on Twitter

40 comments

  1. ottnott

    http://thisfuckingelection.com/

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  2. mdawsz

    Remember the good ol’ days when down oil meant higher equity prices? Viz.

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  3. The Fly is Trader Fly – no gambler. Nonetheless, Obama is a nothing nobody. I hold some SDS and SKF because the market may give Oblama the Finger………..and deservedly so.

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  4. Mr. EB

    I’m only 97% cash now with a new 3% short today. LOL.

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  5. The Fly

    With your SDS, I would get long crude, as a hedge.

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  6. egregious

    The Fly has spoken.

    The election is over.

    Quit whining and take it like a man.

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  7. Sarah Palin

    You betcha!

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  8. JoeThePlumber

    He already won. No one is voting for Granpa Munster and his idiot sidekick.

    Enjoy the higher taxes you’ll pay, until the ObamaSS rounds you up and sends you for reeducation, fuckhead. Better line up an “exit strategy”.

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  9. gotcha political journalist
    gotcha political journalist

    Fly,

    Now that we know Obama is winning tomorrow, I made a small bet at Ladbrokes for a handsome return. Gambling, yes, but odds in your favor – good enough to initiate a trade

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  10. The Fly

    I don’t pay taxes. So sorry to disappoint.

    The people who are worried about higher taxes have really low end tax attorney’s.

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  11. TraderCaddy

    I liked Granpa Munster (R.I.P.). Al Lewis was a loon and would have fit in well on this blog.

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  12. The Fly

    Maria Bartihummer is as dumb as a bag of crack rocks.

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  13. This person pays no taxes either? http://www.ytedk.com/index.htm

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  14. Mr. EB

    How do you not pay taxes? I don’t know about you, but when I make money in the stock market (usually at a short term tax rate because my holdings are less than 1 year), I pay HIGH taxes at the top rate 33%+state taxes. It comes out to A LOT of money.

    I don’t know what your tax attorney does when you make tons of money in the market. Something smells fishy.

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  15. Granpa Munster

    I just bought Steve The Neighbor’s House. He had a margin call on MVIS and had to sell everything.
    Let’s get together Fly and have a BBQ. I will be the one with the bat wings.

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  16. Big Mike

    Anybody watch Fox Business News? Some hot babes there… I have two TV’s in my office…I used to have CNBC/Bloomberg, might switch to CNBC/FOX.

    You guys do know that when FDR went into office, stock market shot up due to this egregious belief of “Change”?
    Even though I am for “Country First”, I would consider Obama more bullish for stocks…like a cocaine rush;

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  17. Damon

    This tape is bewildering and bizarre.

    What are they setting us up for tomorrow?

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  18. Jakegint

    EB — this is a humor site. Go get the papahs.

    ________

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  19. Jakegint

    Big Mike — will that Smooth Criminal take Hoosier-ana?

    _____

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  20. Jakegint

    Last call for RTI.

    Put the samich down, Fly. No BEAV here.

    _______

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  21. TraderCaddy

    Big Mike- Did you notice how Fox Business News show their females anchors sitting at glasstop desks wearing short dresses?
    Impressive camera angles also.
    Murdoch ain’t stupid.

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  22. Bilderberg member
    Bilderberg member

    Do you really think we’ll let stocks fall after the election?

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  23. Henry Fool

    Anyone watching MVIS finally moving off rock bottom…

    Just sayin

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  24. BOOMER

    I would like to point out that BOOM has been quietly BTFO for a week and now has a 2 handle.

    3 handle coming. Believe that.

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  25. The Contractor

    Mr. EB was picked on in high school.

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  26. Jakegint

    Boomer, you have to realize, you have so tainted that stock with your personal anguish that none of us would ever even think of trading it again.

    Okay, maybe EB.

    _________

    Howabout them Titans?… I want to see them play Pittsboig.

    ____

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  27. ZenProfit

    TraderCaddy:

    Until Fox gets Michelle Caruso-Cabrera, there is no money honey on Fox worth watching.

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  28. fork'em

    Fly,

    you are forgetting one word, “Diebold”.

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  29. Big Mike

    ZenProfit,

    You must be a lesbian if you think Michelle Cabrera is hot…She is annoying as hell…I usually turn on to Bloomberg during Powerlunch cause of her.

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  30. BOOMER

    Oh, I realize that I have pissed in the pot. Frankly, I gave up on it.

    BUT…

    Mgmt delivered a sweet earns report
    Mgmt delivered a sweet conference call
    Mgmt delivered a sweet outlook

    and there are 2 bagillion shares short with 90+% institutional ownership.

    I don’t expect anyone to follow me into the pain, but I’m long 7500 shares from the 13s and enjoying every penny tick up.

    PnF showed low pole reversal, then double top breakout… the shit is looking good. For real.

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  31. Jakegint

    RTI — officially: BTFO.

    _____

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  32. Jakegint

    you are forgetting one word, “Diebold”.

    Surrounded by retards.

    I sold that division to Diebold. It’s run by liberal Democrats, just fyi.

    ______

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  33. TX Slave Trader

    As per the idiot sidekick, what’s the difference between her mouth and her vagina?

    Not everything that comes out of her vagina is retarded………..

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  34. Danny

    ^Fuckin awesome Jake

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  35. Danny

    mdawsz, for the love of fuck, ive answered you several times on this

    OIL AND THE MARKET HAVE A POSITIVE CORRELATION.

    POSITIVE.

    POSITIVE.

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  36. sniper6

    Wow, I am fucking underwhelmed by today’s market. All that comes to mind, is the word “flaccid”. What a snoozefest. Off to punch myself in the mustache, for some excitement.

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  37. ZenProfit

    Big Mike:

    Hopefully you pick stocks better than you evaluate women.

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  38. the kid

    The Fly ala Senor Tropicana has a good olde-fashioned IBC (International Business Corporation). Where do you think the name for this website came from? “IBankCoin” offshore. Kinda stings, but it is what it is. Jake Gint is his legal liaison.

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  39. boca

    Zen shoots! and he scores!

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  40. Employee8

    Maria obviously has a bad fluckin CPA … arguing with Hoffa about Obama tax threshold … what’s her problem, hubby get the Wallstreet screws or what?

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