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
23,440 Blog Posts

Late Night Thoughts

In the year of the Great Lamb, truculent men, made from iron and smoke, will afflict colossal catastrophe to the third estate.

In the year of the Great Fox, sand and stone will amass on the grounds of Cathay, sending its residents into unfrequented quarters, where they will be met with scarcity and pestilence.

UPDATE: What year am I?

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67 comments

  1. Stephen Harper

    In the year of the Beaver, the “Northern country” shall lay dismal waste to it’s impovershed southern neighbours.(sic) causing genuine unhappiness to the bent little men who live on “Wall Street”.

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  2. Vince

    You’ll be saying WOW every time.

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  3. The Fly

    Market leadership, 2009, most up:

    No. Ticker Sector YTD Return
    1 CALC FINANCIAL 134.00
    2 MNI SERVICES 125.00
    3 ACAS FINANCIAL 123.15
    4 MEA BASIC MATERIALS 111.61
    5 AXAS BASIC MATERIALS 105.56
    6 FIG FINANCIAL 102.00
    7 MCGC FINANCIAL 100.94
    8 SGLP BASIC MATERIALS 92.46
    9 AER SERVICES 89.50
    10 EBHI CONSUMER GOODS 88.69
    11 FTK BASIC MATERIALS 87.66
    12 TXCO BASIC MATERIALS 83.27
    13 ALD FINANCIAL 78.81
    14 DFT FINANCIAL 77.78
    15 MEG SERVICES 76.57
    16 QELP BASIC MATERIALS 74.77
    17 XTXI BASIC MATERIALS 72.05
    18 APL BASIC MATERIALS 70.83
    19 IDEV HEALTHCARE 68.08
    20 ENTR TECHNOLOGY 68.00
    21 CALP TECHNOLOGY 67.01
    22 QUIK TECHNOLOGY 65.08
    23 PCYC HEALTHCARE 64.56
    24 CEP BASIC MATERIALS 64.03
    25 XTEX BASIC MATERIALS 63.16
    26 TGB BASIC MATERIALS 61.40
    27 ARTC HEALTHCARE 61.21
    28 FED FINANCIAL 61.14
    29 LAVA TECHNOLOGY 59.80
    30 MPG FINANCIAL 58.90
    31 LBY CONSUMER GOODS 58.40
    32 TVL SERVICES 56.88
    33 MNC CONSUMER GOODS 56.86
    34 YRCW SERVICES 56.45
    35 NTWK TECHNOLOGY 56.25
    36 ALDN TECHNOLOGY 56.17
    37 PNCL SERVICES 55.88
    38 CTDC TECHNOLOGY 55.67
    39 NYNY SERVICES 55.05
    40 TREE FINANCIAL 53.85
    41 BGP SERVICES 52.50
    42 VCI SERVICES 50.76
    43 MIC SERVICES 50.45
    44 KWK BASIC MATERIALS 50.09
    45 RUTH SERVICES 50.00
    46 BONT SERVICES 49.51
    47 EPL BASIC MATERIALS 48.89
    48 MWE BASIC MATERIALS 48.87
    49 CMZ BASIC MATERIALS 48.75
    50 EROC BASIC MATERIALS 48.62

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  4. T MOE

    Fly what’s the story from the PPT on the agg names. MON announces tomorrow. It will be interesting to hear their guidance

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  5. Leonard The Monkey

    Vince,

    Shamwow.

    Fly,

    Reads like a list of crap.

    Down we shall go.

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  6. BOOMER

    In the year of the Succulent Nutria, toothless men throw bones from rusted chariots, jeweled lines see the future.

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  7. scum bucket

    In the year of the scum bucket men will blow a horny goat for a few gallons of gasoline.

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  8. TraderCaddy

    In the year of the great gopher tortoise giant bulldozers will come, pave over the nests and man will build multi story condos that will be foreclosed upon after the developer defaults on it’s construction loan to JPM and then receives TARP money, demolishes the condo building and the gopher tortoises return to build their nests until the next building boom arrives.

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  9. Jacques Parizeau

    In the year of the castrated bulls that have reached full maturity, they easily weigh one ton and have enormous strength for pulling.

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  10. T MOE

    Scum, hilarious!

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  11. BOOMER

    In the year after the Burnt Biscuit, thunder will be heard in the land of melody. Seven drums will follow the one, and the time will be redeemed.

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  12. Freddy Krueger

    Where is DevilDog? I guess DD is not talking S@#$ today…I wonder why…

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  13. punyandy

    Is the PPT a screener, or is there qualitative analysis of the stocks? If I were paying, and I will, I’d want a go-to list of 20-30-100 stocks/ETFs to look at each day. You can cut and paste shitloads of lists all you want, but I think that is going to confuse people. Not to be all IBD gay, but they have one list that I take a look at daily – I don’t think most people want to scan a bunch of stocks they have never heard of, especially if they are changing all the time.

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  14. T MOE

    DD often hides out during up days. I think he predicted new lows by Jan 19th. that will be hard to do if the market shrugs off a bad jobs number on Friday.

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  15. Freddy Krueger

    IBD likes to show stocks after the move. Use better the Barchart 100 list, more timely and its free. Design your scan

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  16. jig

    freddy you still like shippers?

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  17. Paradigm Shift

    Longs and Shorts both seem nervous about their positions.

    I was 80% long/20% cash for most of December – I just flipped it to 20% long.

    I have absolutely no idea which way the next 20% move goes.

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  18. punyandy

    Seems like I missed Fly’s list of the Top 10 stocks as of today. Every one is near its 52-week high. Is the moral of the story that momentum stocks/better performing stocks are always better, or perhaps Fly has a screen that is better for turnaround-type plays. Cramer is the ultimate chaser, and obviously Fly has outperformed his ass by leaps and bounds, so there must be better lists within the PPT. I am looking forward to it, and will definitely sign up for a few months to check it out.

    Top 10 stocks, by PPT

    1 AMSF 4.22 5.10 4.59 8.77% 1.77%
    2 NPK 4.22 5.10 4.59 5.28% 15.33%
    3 ORH 3.82 5.13 4.37 -1.35% 2.34%
    4 ACET 4.02 4.73 4.32 -1.59% 30.12%
    5 AVAV 4.42 4.05 4.26 -1.62% 10.08%
    6 ENSG 4.12 4.36 4.22 18.54% 13.14%
    7 OCN 4.07 4.40 4.21 -1.41% 2.93%
    8 BKR 3.92 4.55 4.18 -1.65% 6.36%
    9 APSG 4.42 3.84 4.17 -1.65% 34.08%
    10 EZPW 3.72 4.75 4.16 -1.42% 29.60%

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  19. Freddy Krueger

    jig

    I like them, but they already move big time; EXM 40% plus and DRYS 58% since 12/30/08. Wait for pullback so you get a low risk trade. Better look at Gold and Silver, they started turning around as a group to the upside today. (im a swing trader). Dont look at GDX, is cow-moving

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  20. hero

    2009, the year of the fart hammer. Look out below, I still smell pooh….

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  21. Senor Tropicana

    In the days after yesterday, I shall book another day of losses

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  22. The Fly

    I’m feeling this one:

    “In the year after the Burnt Biscuit, thunder will be heard in the land of melody. Seven drums will follow the one, and the time will be redeemed.”

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  23. BOOMER

    Amen!

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  24. The Fly

    punyandy:

    PPT is an analytical engine. It is the market, broken down into 200 sub sectors, neatly organized. Soon I will give a few of you a beta trial.

    Look, it is not the holy grail. But, I guarantee it will help you cut down research time and get a better feel for the market.

    SHAM-WOW.

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  25. dave

    In the Southeast, 1 in 7 families are on food stamps. That is a 14% increase over last year. Alcohol purchases are up 10% over this time last year.

    In other news, the market is waiting rape to longs like Jody Foster on a pinball machine.

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  26. punyandy

    Looking forward to it, Horatio Crawdaddy. You have obviously put a lot of time into it, and early video previews have looked sweet. I just hope one of the sectors is the DevilDog quotient, which shows how much he is taking it on the dome piece.

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  27. charlie

    Or Indiana Jones on a pinball machine

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  28. The Fly

    Punyandy

    When the service is launched, I will give tutorials and post custom screens, so you can figure it out. Essentially, it is a powerful tool that anyone can use and, in fact, use it better than me.

    It’s the market.

    Naturally, the technically strong stocks will rise to the top. However, I have various things inside the ranking mechanisms that move rankings, such as currency, treasuries, oil, natty, gold, etc.

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  29. The Fly

    I complied all Chinese stocks into Chinese Burrito sector.

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  30. punyandy

    Sounds badass. Looking forward to it, indeed.

    I hope the tutorial is along the lines of “hey fuckface, enter your parameters, shove them up your pee hole, and piss out the results along with a kidney stone. if you have any questions, please contact [email protected]

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  31. ShamWOW

    SHAM WOW guy is back….

    http://www.youtube.com/watch?v=pPKtBM99kAc

    The Slap Chop

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  32. The Chart Addict

    how can someone put a value on porn? Is there a “model” for it?

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  33. chivasontherocks

    CA;

    LOL.

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  34. The Chart Addict

    Fly,

    2000 lol

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  35. The Fly

    Does the date on the top give it away?

    You win a free beta trial of PPT. Good for me, you already have access. Therefore, I give away nothing.

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  36. The Fly

    Hence, “The Fly” wins again.

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  37. The Chart Addict

    LOL!

    It’s the thought that counts.

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  38. Jakegint

    It’s true that users will probably end up making better use of it.

    I effed around with it for an afternoon and came up with AMSF long before it hit the “top ten” chart you posted today. If I recall correctly, it was trading at just under $14.

    Odd, no?

    Of course, I did nothing, as I was without faith.

    I will not make that mistake again, I’ll have you know.

    _________

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  39. Goin'Fawr

    My “Late Night Thought”, explaining why we bail out the rich and let everyone else fight for scraps:
    “Foreseeing some dismal Marxian Utopia as the alternative, the educated man prefers to keep things as they are. Possibly he does not like his fellow rich very much, but he supposes that even the vulgarest of them are less inimical to his pleasures, more his kind of people, than the poor, and that he had better stand by them. It is this fear of a supposedly dangerous mob that makes nearly all intelligent people conservative in their opinions.” -George Orwell (Goddamn hippy)

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  40. Goin'Fawr

    On a lighter note: “Courage my friend, it is not too late to make the world a better place.” -Tommy Douglas (Goddamn Canuckistanian)

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  41. Vince

    [===== THE PPT =====]

    BEWARE OF IMITATORS!
    NOT SOLD IN STORES!
    10 YEAR GUARANTEE!
    (NOT MADE IN GERMANY!?)

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  42. Jakegint

    From the Tommy Douglas bio:

    He graduated from Brandon College in 1930, and completed his Master’s degree (MA) in Sociology from McMaster University in 1933. His thesis entitled The Problems of the Subnormal Family was on eugenics, a way to “solve the problems of the Subnormal Family” by sterilizing mentally and physically disabled Canadians, and sending them to camps.[2]

    Socialists, nazis, they were all the same back in the day.

    Odd, no?

    ______

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  43. Jakegint

    Get the bigger joke — above said fugger was voted “Greatest Canadian” by the socialist CBC (Canada’s government media equivalant to Britainistan’s BBC) about five years back.

    Because he introduced that awesome healthcare system of theirs that has most of them in need of proper care coming to the States.

    Imagine that he started out as a eugenicist, can you?

    Lol.

    ___________

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  44. Goin'Fawr

    Jakegint: Odd, no, ironic, yes. You make TD sound like Kurt Vonnegut’s dentist in “Mother Night”. I believe, don’t quote me on this, that Canada actually practiced that sort of onerous sterilization until the 60’s. Weird if Tommy had a hand in that, after all the guy shamed Lester B Pearson’s Libs into providing Canadians with the Canada Health Act.
    “First they came for the socialists, and I did not speak out because I was not a socialist.
    Then they came for the trade unionists, and I did not speak out because I was not a trade unionist.
    Then they came for the Jews, and I did not speak out because I was not a Jew.
    Then they came for me, and there was no one left to speak for me.”
    Quote: Pastor Martin Niemoller on Hitler’s Nazi Party’s behavior prior to, and during, wwII
    So not socialist weren’t EXActly the same as Nazis ‘back in the day’, I guess…lol Not all socialists were created equal?

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  45. The Fly

    Mike Savage on the thread. Nice moves.

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  46. The Zombie

    Jake and God (The Fly): What are your top 5 favorite films of all time?

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  47. Goin'Fawr

    “Because he introduced that awesome healthcare system of theirs that has most of them in need of proper care coming to the States.”
    lol, well Canada’s system wouldn’t be so overloaded if all the impoverished Americans w/o Health ‘Care’ Insurance didn’t come up to be treated! lol, America isn’t socialist unitl their banks need a 750 billion dollar band-aid.
    How many Canadian hospitals have you inspected Jake? That’s what I thought.

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  48. The Fly

    tough one Zombie. I can name a few, but will forget others.

    Here are some that I like:

    Braveheart, 300, Patton, The Sting, The Bourne Movies, Departed, Donnie Brasco, Devil’s Advocate….

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  49. Goin'Fawr

    Nice omission on the Tommy Douglas misinformation you are passing Jake. You like yellow journalism, or is jingoism you speciality?
    “He (Tommmy Douglas)briefly continued his graduate work at the University of Chicago but rejected this theory (eugenics)after his experiences of encountering the poor in Chicago and after a trip to Nazi Germany in 1938. He rarely mentioned his thesis later in his life, and his government never enacted eugenics policies (it may be noted that two Canadian provinces, Alberta and British Columbia, had eugenics legislation in the 1930s, and that the philosophy was not discredited in North America prior to World War II).”

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  50. The Zombie

    Excellent choices, Sir. George C. Scott is phenomenal. The Bourne movies destroy the Bond movies.
    Can’t wait until Braveheart comes out on Blu-ray. Also waiting on Midnight Run, Glengarry, and Aliens.

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  51. dave

    FRPT looking really strong despite ‘we’re pullin out’ Obama

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  52. Goin'Fawr

    dave, don’t worry. Now I know Fly thinks its ‘inane to bet on wars’, but Mr.Obama is just as keen on taking it to Iran as any republican, contrary to the doublespeak (or is that in line with it, I am never sure). You all should have voted for Ralph Nader.

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  53. chivasontherocks
    chivasontherocks

    good choices of movies guys.

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  54. fun

    Slumdog millionaire and The Wrestler are AMAZING -see ’em… and:

    Today 01:29am
    Exxon Mobil Corp “Heard on the Street” is overall Positive on large oil companies – WSJ

    – The oil boom left the 6 largest integrated oil companies with aggregate net debt of just $34B at the end of Q3 and that compares with a combined market cap of $1.1T.
    – As other sectors lower their dividends and buybacks, companies such as Exxon and BP still offer a combined yield of double digits in percentage terms.
    – WSJ notes that for now, the oil majors offer a safe haven for energy investors.
    – The dividend payments and spending levels of large oil companies may be safe until 2010.
    – In 2010, even if crude averages $80/bbl, operating cash flow after CAPEX only just covers current payout levels.
    – Also, payouts could be threatened if oil prices remain weak for a year or two.
    – Exxon has net cash of $26B and may have more flexibility in its financial decisions than some of its peers

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  55. The Fly

    India getting its curry cooked for them. Ouch!

    http://finance.yahoo.com/intlindices?e=asia

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  56. Goin'Fawr

    Yikes, any idea why? Canada had a case of BSE once, but if oil keeps dropping it won’t be affecting their bovines tomorrow!

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  57. Goin'Fawr

    NM. Satym Computers was their only valuble company, apparently.

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  58. Hagbard Celine

    Stephen Harper: Perhaps you should have told Susan Glass of KPMG to horsefuck C’s shareholders instead of BCE’s shareholders. Now it’s your frozen-ass country’s budget that gets to eat the capital losses.

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  59. lollipoop

    hey, nobody answered the question until now !

    What year am I?

    ANSWER:

    2000

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  60. Jakegint

    So not socialist weren’t EXActly the same as Nazis ‘back in the day’, I guess…lol Not all socialists were created equal?

    Differing only in their global aims. Nazis were “national socialists” and therefore aimed at glorifying the particular nation (in this case, the rather young state of “Germany”), whilst the more traditional global socialists sought one world revolution (as they do today). Both, of course, sought to conquer the globe to their aims.

    My point, however, was that Eugenics — an evil practice by anyone’s lights today — was a driving force in both the Nazi and other enlightened “socialist” intellectual movements of the day.

    Ironic that your Greatest Canadian finished off his eugenics masterpiece at the same time that Hitler rose to power in Berlin.

    They both loved the idea of perfecting humanity via doing away with the “undesirables.”

    And seemed to see eye-to-eye on those “camps” it seems.

    _________

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  61. Jakegint

    How many Canadian hospitals have you inspected Jake? That’s what I thought.

    My apologies.

    I have an aversion to bacterial infection.

    Will you have enough maternity beds this year, or will you have to fly mothers to Montana at Canuckistanian taxpayer expense again?

    _______

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  62. Jakegint

    Glad to see Tommy saw the error of his ways (and no, I did not see that piece. My google search was perhaps too brief).

    Thank God for those who can recognize malevolant ideas before they become global atrocities remembered througout history.

    I guess my point was that anyone who could think to discard human life in such a callous manner would have a hard time rising to my “most compassionate humanitarian” list, never mind “Greatest ______-istanian Ever.”

    ________

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  63. Ass Napkin Mike

    I shorted 3500 shares of DRYS at the close yesterday. Not covering unitl it hits 12.00.

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  64. Goin'Fawr

    I guess my point was that anyone who could think to discard human life in such a callous manner would have a hard time rising to my “most compassionate humanitarian” list, never mind “Greatest ______-istanian Ever.”

    Yah Jake, you’re right. Unlike, say, Nixon, who ever so kindly set the US up for the debacle its in today. And he showed so much compassion by making certain nobody in the US had universal health care, except for the banks. Hey, they can cash in on socialism any time they want. Can you say 750 billion dollar bandaid?

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  65. Jakegint

    Excuse me, Mr. Canuckistanian, but it appears you are getting off track a bit…

    Was I quoting Nixon on this site?

    Did I ever put Nixon forward to the site as someone to be admired?

    If you want to start making stuff up, I’m sure I can start regaling the fora with tales of your younger days in the Hitler-Jungen.

    That would at least fit with your apparant admiration for the Eugenicist and Camp Constructor.

    ________

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