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

The Treasury Indicator Wins Again

I’m too lazy to pull up charts; do that shit yourself.

I have it plugged into The PPT rankings, automatically rewarding all stocks with a nice technical bonus, when treasuries go +10% ytd. I warned you fuckers earlier; God bless brand new Treasury dudes and my brain.

NOTE: That [[FXP]] hedge didn’t work out too well. I will buy more at $60 or lower. Should Citigroup Inc. [[C]] raise capital, the market will turkey dance all the way to turkey day.

More Bob Fun:

[youtube:http://www.youtube.com/watch?v=0v8AqAyDQfo 450 300] If you enjoy the content at iBankCoin, please follow us on Twitter

62 comments

  1. marlin Y

    You don’t sound too enthused Fly, how come? You must have made decent coin today with the rip (let’s not talk about yesterday).

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  2. The Fly

    Marlin:

    Why bother? We’re still locked into bear mode. I’ll be happy with some follow through.

    This was the equivalent to a sympathy fuck, if you know what I mean.

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  3. Jakegint

    TBT a strong buy here?

    Did you get you any of that BGU crack? I grabbed some with about twenty minutes to go… small bites… $23.25.

    Man that shit can move.

    __________

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  4. JWorthy

    ‘Time after time, our CEO’s have demonstrated incompetence on a massive scale. When it’s all said and done, the “sub-prime meltdown” of 2007-2008 will be viewed as one of the biggest fuck-ups in the history of modern banking, riddled with fraudulent activites.

    Wait until the regulators step in.’

    Dirt For Thanksgiving
    November 21, 2007 – 10:09 am
    flyblog

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  5. The Fly

    TBT boogey’s higher.

    If C is saved, T-bills will get jail raped.

    I loaded up on TNA and BGU.

    I had a big day. However, I am still long C.

    Let’s say a prayer.

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  6. The Fly

    JWorthy:

    I have a time machine.

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  7. wtf?

    Fly,

    Good call today. Actually youve been right every step of the way, except you were early.
    hahah

    I made some nice coint on TNA…if the market gaps monday I will look to sell a little, and hopefully buy back on the gap fill.

    FCX lagged PCU today for some gay reason.

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  8. JWorthy

    No fake. The archives are near scary to look at.

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  9. P

    ur reads on en fuego- hang it up and go surfing for rest of 2008. shit is gonna get goofy choppy.

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  10. marlin Y

    Loaded up on BGU? Holy shit, that is big-ballz titanic trading. Nicely done Broker A. And amen to possible follow-through as I finally went long yesterday, 100%, naked.

    And sympathy fuck still better than solo job….

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  11. Gio

    Wow Fly, you really nailed that! A year ago.

    we can’t get too excited. we just undid what was done yesterday. Right now its a traders market, and until we get follow-through on follow-through on follow-through, then we can throw darts at stocks and buy em.

    how far will the boulder be pushed up in this Sysiphean Rally? I’m working around the clock trying to figure that out.

    -gio-

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  12. scum bucket

    sympathy bj mo betta

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  13. wtf?

    Fly, I have a request.

    Does the PPT find stocks with high cash positions and low debt? o

    I am writing bull put spreds for a former client of mine, and i need 4 of them.

    He wants to do 200 each, so liquidity is one of the parameters.

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  14. wtf?

    sorry, Bull Put Spreads.

    200 contracts each.

    thanks in advance.

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  15. wtf?

    GIO, good call yourself.

    I followed you over here from your blog.

    Good job

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  16. Leonard The Monkey

    If C gets truly saved that would be great!

    The action in JPM is damn scary considering it’s “best of breed”.

    Should be doubles all over the place.

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  17. The Fly

    WTF:

    I can pull up cash per share/price ratios. In other words, whatever stocks that trade near net cash will be identified with one click.

    I’ll run that this weekend and post.

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  18. Jakegint

    Let’s say a prayer.

    Every night, and often sprinkled throughout the day.

    Novenas, even.

    ________

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  19. wtf?

    Thanks, i found a bunch already with other screens, but it would be nice to have the blessing of a high PPT rank

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  20. The Fly

    PPT Top 10 Ranked Stocks, Hybrid:

    No. Ticker Technicals Fundamentals Hybrid Score Hybrid Change – Daily Hybrid Change – Weekly
    1 COGT 4.55 4.4 4.49 4.66% 29.02%
    2 WINN 4.25 4.4 4.32 4.35% 12.21%
    3 HE 4.15 4.4 4.26 22.77% 25.66%
    4 NWN 4.15 4.15 4.15 21.7% 22.06%
    5 ORH 3.35 5.1 4.08 16.57% 18.26%
    6 WACLY 4.72 3.2 4.08 46.76% 41.18%
    7 ED 3.65 4.6 4.05 23.1% 26.17%
    8 INT 3.65 4.5 4.01 25.31% 2.56%
    9 GOLD 3.93 4.1 4 35.14% 39.37%
    10 HMSY 4.05 3.9 3.99 9.62% 23.15%

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  21. The Fly

    Top Ranked Sectors:

    1 Major Integrated Oil & Gas 2.37 4.622 3.314 26.834%
    2 Cleaning Products 2.64 3.95 3.192 8.366%
    3 Gas Utilities 2.49 3.943 3.102 13.47%
    4 Water Utilities 2.569 3.806 3.089 7.839%
    5 Food Wholesale 2.488 3.813 3.042 10.427%
    6 Entertainment – Diversified 2.1 4.325 3.032 10.17%
    7 Industrial Equipment & Components 1.844 4.541 2.978 6.965%
    8 Machine Tools & Accessories 1.8 4.578 2.967 6.629%
    9 Home Health Care 2.15 4.093 2.967 1.303%
    10 Oil & Gas Equipment & Services 1.907 4.43 2.966 19.058%

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  22. Jakegint

    WTF, is right.

    Some fuckers are shooting off major fourth of July shells (like, barge launched) right over the river outside my office. I thought we were under attack for a minute.

    Is today Armistice Day or something?

    __________

    Fly, take a look at the gigantic black stick on FXI today, and then visit the Peeg on the Rogers video that Green Hippy just posted.

    You may want to rethink FXP as your best hedge.

    ______________

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  23. The Fly

    Jake:

    FXP is an ATM machine in the 60’s.

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  24. marlin Y

    Jake: you also manage money for a living?

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  25. Flux Capacitor

    Jake:

    Which Saint is the best for trading help, inspiration, and divine guidance on banking coin?

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  26. jake gint is a moron
    jake gint is a moron

    Two names- asys and ulbi. Asys is a victim of hedge fund tontine liquidation and trades at 1/3 quick liquidating value and ulbi will surely be the top ppt scorer if fly ran it.

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  27. Arthur Brown

    …uhhh…

    …I AM THE GOD OF HELLFIRE… !!!

    .

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  28. The Fly

    ULBI

    Debt/Equity 5
    PEG Ratio 5
    Price/Book 5
    Price/Sales 5
    Profit Margin 3
    Sub Rosa 0.1
    Final Score 4.70
    PPT Recommendation: Strong Buy
    Accumulation Distribution 5
    Price Performance 1
    Relative Strength 1
    Volatility 1
    Volume 3
    Sub Rosa 0.25
    Final Score 2.65
    PPT Recommendation: Sell
    3.51
    Buy

    ASYS is too small to be in database.

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  29. scum bucket

    Straight up to SnP 800, then straight across. Options, that’s it. Monday we crash.

    Hang onto your C Fly, shenanigans affot.

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  30. scum bucket

    afoot

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  31. Juice

    Fly, get a new whipping boy; FXP is sooo yesterday! It will see the high 40’s in a good turkey rally.

    Try SRS sub 180.

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  32. BOOMER

    ETFC in trouble? Of course it is.

    http://www.reuters.com/article/ousiv/idUSTRE4AK6NM20081121

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  33. alf44

    well…I gotta say…honestly…

    …I NEVER…EVER expected to see UYG in the $3’s !

    —————–

    There was a time when I would say to myself…

    I would say…“self…if UYG dips below $8…well…BUY IT !”

    And…unfortunately…I did !

    ——–

    THEN…there was a time when I said to myself…

    I would say…“self…if UYG dips below $7…well…BUY IT !”

    And…unfortunately…I did !

    ———

    THEN…there was a time when I said to myself…

    I would say…“self…if UYG dips below $6…well…BUY IT !”

    And…unfortunately…I did !

    ———-

    THEN…there was a time when I said to myself…

    I would say…“self…if UYG dips below $5…well…BUY IT !”

    And…unfortunately…I did !

    ———-

    THEN…there was a time when I said to myself…

    I would say…“self”…and…WELL…I think you get the idea !!!

    ———–

    Someone pass the bok chow or, the marshmallows or…a revolver !!!

    SIGH !!!

    .

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  34. JakeGint

    Flux,

    In this market, I would nominate St. Francis of Assisi, who gave up a life of rich man’s revelry and famously “married” Lady Poverty:

    Although Francis still joined at times in the noisy revels of his former comrades, his changed demeanour plainly showed that his heart was no longer with them; a yearning for the life of the spirit had already possessed it. His companions twitted Francis on his absent-mindedness and asked if he were minded to be married. “Yes”, he replied, “I am about to take a wife of surpassing fairness.” She was no other than Lady Poverty whom Dante and Giotto have wedded to his name, and whom even now he had begun to love. After a short period of uncertainty he began to seek in prayer and solitude the answer to his call; he had already given up his gay attire and wasteful ways. One day, while crossing the Umbrian plain on horseback, Francis unexpectedly drew near a poor leper. The sudden appearance of this repulsive object filled him with disgust and he instinctively retreated, but presently controlling his natural aversion he dismounted, embraced the unfortunate man, and gave him all the money he had. About the same time Francis made a pilgrimage to Rome. Pained at the miserly offerings he saw at the tomb of St. Peter, he emptied his purse thereon. Then, as if to put his fastidious nature to the test, he exchanged clothes with a tattered mendicant and stood for the rest of the day fasting among the horde of beggars at the door of the basilica.

    __________

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  35. alf44

    …or, perhaps a howitzer !!!

    .

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  36. JakeGint

    Marlin queries:

    Jake: you also manage money for a living?

    None but my own. I create liquidity events for clients of spinners like the Fly, so they can have the pleasure of tossing that coin into the market under the tutelage of said space alien magicians.

    __________

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  37. 401ker

    Seriously….How the hell can 1 new Treasury dude save this train wreck? There are so many people sitting with cash, this market is just waiting to explode upwards on any news that isn’t negative. Not that I mind… Like Fly I just wish it had happened yesterday.

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  38. CAP

    Attorney General Mukasey fainted after he got word that half his 401K was in Citibank stock.

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  39. Skyb0x

    Alf44 – I feel your pain. In fact a lot of people are feeling pain. Colleague at my day job tells me he has lost $381K from his 401(k) this year… he’s certainly postponing his retirement…. sadness indeed.

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  40. Partying w Bob

    You should see Bob when he gets wound up.

    Fly, Let’s say C is too big to fail and they get tarped. Fine. But in the longer term, do you think they are too big to save and will crash and burn afterward?

    Request for PPT v1.01 would Jeremy throw a few commas between those #’s, so it will look nice in a spreadsheet.
    On 2nd thought, I’m sure he already planned the download to excel option.

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  41. amazed

    you’re all retards and how you have held onto any cash to this point is a miracle. bounce we will, and atop this bounce you idiots will buy. then, we will collapse, yet you will hold, and argue and complain and sell exactly 2 sp points from the bottom as we reverse and go higher. listen, you all suck, know nothing, many have traded nothing but a bs bull from 02-07 and have no idea what you’re doing. but the charts have made you money, fucking hilarious. wise up. if you have gains from the past few years, take em, take em all and forget the words stock market, you nitwit.

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  42. Employee8

    The Fly on Craig Ferguson now ….

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  43. amazed

    employee8, PAY ATTN JERKOFF.

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  44. de

    Prediction.

    Gm will go bankrupt.
    Fuck the shareholders.
    Fuck the bondholders.

    Issue fresh stock.

    And keep on chugging like nothing ever happened.
    SHLD style.

    Gotta love the bankruptcy laws in this country.

    Write it down on a piece of toilet paper.

    ————

    Citi at $4 fucking bucks ; amazing shit.
    You don’t even need a ticket for this show.

    http://www.youtube.com/watch?v=3ynhCldtd6A

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  45. ottnott

    Someone forgot to pick up after their dog.

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  46. Employee8

    Amazed … your cock must be stuck in your colon … time to see a proctologist asshole!

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  47. Suzy Whoreman

    Suck my lesbian ass!

    I all in 3 month bills hahahahahahhahahahha!

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  48. Aris

    the treasury action is why i decided to take a small swing at a long position today.

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  49. 7200

    Dow is going to be my bitch

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  50. kd

    1.4 trillion in bank debt guarentee.

    http://www.google.com/hostednews/ap/article/ALeqM5ioHc80xKMiATnqCpK0cDKJzk_nPQD94JKG2G0

    there is your turkey day rally.

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  51. redvetttes

    nice call ,bought fas @ 12.44,is it a sell on Friday

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  52. Watch out for FXP…

    http://news.bbc.co.uk/2/hi/asia-pacific/7743748.stm

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  53. jm

    Any opinions on how bank stocks will react Monday on this news:

    kd Says:
    1.4 trillion in bank debt guarentee.
    http://www.google.com/hostednews/ap/article/ALeqM5ioHc80xKMiATnqCpK0cDKJzk_nPQD94JKG2G0
    there is your turkey day rally.
    November 22nd, 2008 at 5:29 am

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  54. jm

    Re: my prior post:
    I’m specifically interested in how stock price of JPM, BAC and WFC would react.

    Thanks in advance

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  55. DownTick

    Finally a buyer emerges:

    Somali Pirates in Discussions to Acquire Citigroup

    http://www.crossingwallstreet.com/archives/2008/11/somali_pirates.html

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  56. solution

    give every american 100,000 and force them to buy a house
    Give every american 50,000 and force them to buy an american car.

    you want special interests washington? don’t screw over the consumer of the special interests..
    If you produce valuable goods, and people have the money you will get money.
    if you don’t the nation is screwed.
    PRODUCE REAL GOODS assholes!

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  57. supersoaker pyro

    I’ve got:
    several bottles of windshield washer fluid
    1 super soaker CPS 3000
    1 extra watertank backpack
    wax candles
    matches
    a metal candle holder rig set up on edge of super soaker

    instant flame thrower!!!!!
    WHOOOOOOOO
    gotta love those super soaker games we plaed as a kid
    If they want marshall law, they ain’t breaking and entering my house without being “flamed” for their actions

    disclaimer: I am not responsible for your actions.

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  58. supersoaker pyro

    I’ve been shooting my flame at the markets since it wa at 13500.

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  59. hahaha

    Sure it’s not a typical bullshit rally?

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  60. boca

    rofl Marshall is declaring law again?

    Martial law, please, martial …

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  61. Eminem

    I see the Boca’s making fun agin

    She thinks the Marshall Law cain’t be run agin,

    Jus’ because Obamas made it fun agin,

    For Marshall Mathers to be drinkin’ drank & gin?

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  62. boca

    I love Eminem. Stand up, the real Slim Shady!

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