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
23,434 Blog Posts

CASH WINS AGAIN

Scientifically, I cannot lose, while in cash. My cash is just sitting there, begging for Senor Tropicana to put it to work.

Not yet. Shhh.

If you listen very closely, you can hear the TRAIN OF CERTAIN DEATH rolling your way, about to detach your legs from torso. Even if you try to run, the TRAIN OF CERTAIN DEATH will travel off track and “disconnect” your scrawny legs from your fat body.

Truth be told, “The Fly” has legs of iron and a pimp hand of steel. Such trains come my way and I say “train, fuck off,” and they run away.

You know, in an odd sort of way, I almost feel sorry for you people, blowing yourself to shit pieces, always guessing the near term direction of equities. The bond guys are correct and the stock people, as always, are stupid and wrong.

NOTE: I am leaving work early today, due to business. I shall be back at the turret, trading stocks, by mid next week.

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52 comments

  1. Philburt O'Higgensworth
    Philburt O'Higgensworth

    Evidently the fly trades with a weekly time horizon these days?

    The good ones call the market by the hour.

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  2. Cartmen

    Scientifically, cash cures AIDS.

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  3. Vamp

    How is cash a winner in a week, during which the dollar got bombarded and benchmarks went up. At this point of time, you could buy less stocks and less food with your money. A great move would be if you have figured out how to protect and enhance the purchasing power of your dollars in terms of goods and stocks.
    Have a nice day

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  4. MOOBER

    Jake:

    http://nashville.bizjournals.com/nashville/stories/2009/03/16/daily40.html

    Maybe your LBO is closer than you think?

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  5. weed

    why do you assume since your not trading everyone must be losing?

    Its not too hard to short when barney and his minions thought (told us )they could fuck with us again…

    The marblemouth faggot troll and his band of dicksmokers need to be sent the message again..I’m rather enjoying helping the cause but I’m dancing close to the door.

    The only power we have againt them is stepping on their necks via driving equities into the shithole..this makes them look like shit and their so called plan sucks.

    Hopefully for the bulls Obama ngr will get on the right team and veto that shit so we can make him look good again for the spring.

    if not…we spiral down until it just gets boring

    the stockmarket is the measure and the whip…govt faggots need to know their role and who has the ultimate ninja power.

    hopefully you’ll take your dress off by next week and have some fun and profit with the real men…its not like this tape is hard to read you big pussy..your just making it hard since your afraid of losing a little bit…

    poor fly like his uniform all shiny white..you need to stop this shit soon fa real sha….take your white t off and twirl it in the air like a helicopter

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  6. Danny

    TRAIN OF CERTAIN DEATH

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  7. Atlas Credit

    Cash means nothing. Credit is the foundation for our system. Credit is King.

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  8. TheArtist

    The Fly must be knee deep in sub-contractors on that kitchen re-modeling job for the wife…..they do take alot of time and therefore he must take off said time……….but the new cabinets and subzeros will be in by the first of the week. Fly, the wife will like the new Viking range…..good choice.

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  9. weed

    btw…your cash is clowned by my fas short this morning and my CAR scalp just a minute ago

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  10. Mike Hunt

    Hey Fly!

    You know what? I think you’ve lost the balls for this struggle.

    I think its been too gut-wrenching for you and you’ve decided that hiding in Castillo Tropicana while lobbing verbal grenades at Pikers is your only option.

    Come on lad! Get your ass back on the line!

    Mike

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  11. Prospectus

    I for one am hoping that The Fly’s new career direction involves iBCC: i Bank Coin Channel, coming to a cable network near you.

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  12. Braveflaps

    PSA for the PPT: it rules.

    Between it, Fly and Danny, not to mention carne asada Flap Meat on sale at Albertson’s, Braveflaps paid for this week in the sun and then some with day trades on SRS, KIM, DLR, and FAZ.

    DLR chosen via PPT and other research, but PPT cuts certain aspects to seconds – literally.

    Amen.

    And Flap Meat.

    On sale.

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  13. Danny

    I’m glad you had a good day in the PPT braveflaps. I did. All I can say is 780!

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  14. Cuervos Laugh

    Cash wins again?
    Well, let’s see:

    DIA +9.36%
    UUP -5.41%

    The Chart

    Chart is from Friday March 13, 2009 to close today.

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  15. The Unpredictable Johnny Rodz
    The Unpredictable Johnny Rodz

    Brother Fly – When you starting your new job/gig? Move clients’ money over yet? And thereby delivering the clownrape treatment to your current employer? Love it. All is fair in love and war. Rock on.

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  16. Cuervos Laugh

    Or…perhaps we don’t like to use the DOW.
    Let’s look at the S&P 500:

    UUP -5.41%
    S&P 500 +12.46%

    The Chart

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  17. chivasontherocks
    chivasontherocks

    Cuervo, careful, you may get banned. lol.

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  18. Danny

    Happy retirement Chivas, I wish you the best.

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  19. Cuervos Laugh

    Interesting bond comment there because I noticed over on ZeroHedge that Chris Sullivan is leaving Goldman for Fidelity:

    Goldman’s co-head-of-fixed-income-goes-to-Fidelity

    It has been confirmed that Chris Sullivan, (curiously still with a green light on his Bloomberg profile) is taking the Ironclad parked in the dodecatuple secret bottom basement of 32 Old Slip, and will sail the East River all the way up to Boston where he will be joining Fidelity as president of its bond fund. Sullivan is moving on up in the world, not just in a purely magnetic north sense, as at Fidelity he will oversee more than $170 billion in bond assets.

    Veddy veddy interesting

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  20. spock is alive

    Of course, there is always the opportunity “cost” of being in cash…

    http://www.investopedia.com/terms/o/opportunitycost.asp

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  21. chivasontherocks
    chivasontherocks

    Danny,

    thank you very much. kid, and i use that as term of affection, the best to you too. e-mail me someday.

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  22. weed

    ngr gets a pass if his house is getting re modeled…that can be too distacting

    this was not a good week to be sitting out…i finished the week up 17.87 %

    and now I’m like the fly in cash …minus the vagina and orange gag ball in my mouth.

    what what in your butt

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  23. weed

    lolicopters @ holding either side over the weekend

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  24. spock is alive

    Update – Fly loses $57 for every 100k held in cash this week!

    (Assumptions: 3% annual cost of living, cash accumulates 0%, and cash is held for one week.)

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  25. weed

    are their any rules here?

    or can i just speak my mind without fear of being banned by weak sauced ladyboys?

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  26. Dr. Incognito

    Can I get a Fortune cookie for SPG? I am holding shorts in CRE over the weekend and I couldn’t feel better about it.

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  27. The Fly

    fuck everyone on this thread.

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  28. JakeGint

    Boomer —

    Unlikely. People don’t sell prize assets at their nadir (or perceived nadir) unless they have to, and I doubt they have to.

    Howabout this fine kick in the ass, no?

    ________

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  29. The Fly

    BTW:

    “The Fly” wins again, even when it appears he is losing badly.

    http://spreadsheets.google.com/pub?key=pgO4gR12THCl9–GMNNCnfA&chrome=false&gid=11

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  30. JakeGint

    Who was that last night talking about Pitt?

    Getting all they can handle from this 16 seed, up four with eight minutes to go.

    That coach… he just cannot handle the Tourney.

    ______

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  31. The Fly

    Everyone on this thread can fuck me!

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  32. weed

    Dear Fly,

    As you recline in your bullshit chair flushed in your cash and sub par gains on the year..wondering when to make your next move.

    I’m enjoying a menthol marlboro, a bowl of blockhead and 1 mg of xanax… thinking back on my weak of sniper like trading and duck butter gains ..i get personal and financial growth.

    the weekend will climax as I do upon the face of a hot asian fitness girl with tig bitties.

    looking forward to hearing of your manly exploits next week.

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  33. weed

    PS.. stop being a faggot

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  34. omfgitsjd

    Even Mohammad Ali new he could study the patterns and look at timing to find the opportunity and jump in with absolute certainty. I’m very suprised to read some people challenging that idea. Seems pretty basic, particularly when the stakes are high.

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  35. Schneidehouse

    Big pussy…

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  36. omfgitsjd

    Uh, the last post from the fly caused me a silence of the lambs moment.

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  37. weed

    trying to time the market and win on every trade is for fools…how you lose is what determines your future in this shit.. for me..winning is easy ,i never got ahead until i learned how to lose.

    taking breaks from trading is good if you get confused but the Fly did not say he was confused he tried to villify the tape action…Nothing has changed…Fly just had his playing card fall out of his front wheel and wanted everyone else to stop riding their bike while he fixed it so he could sound like a motorcycle again

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  38. omfgitsjd

    weed,

    I don’t know what his motivation is for not jumping in at this time, but I don’t have a strong sense of direction here. I tend to agree with Devil Dog that there may be some retracement but I don’t have the certainty necessary for me to short at these low levels with all the fuckey going on.

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  39. weed

    This fucking tape is ridiculously easy for scalping

    as a matter of fact I don’t know why its confusing anyone..i mean for fucks sake it moves in one fucking direction all god damn day

    breaks lows = short

    breaks highs= long

    I dont see a problem here..but I’m on steroids , a cocktail of rx drugs and high on the finest green so maybe thats the answer.

    fuck a bitch trying to make it all complicated n shit tryin to hit home runs..i’ll take a base

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  40. omfgitsjd

    weed,

    Steroids make your balls shrink, the psych drugs will give you suicidal tendencies, and the THC will go to your testicles and could lead to paranoia and/or jail time. You should pick up jogging and get some counseling.

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  41. mrkcbill

    weed is Bilderberg

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  42. The Unpredictable Johnny Rodz
    The Unpredictable Johnny Rodz

    Weed is Lord Duc, reincarnated.

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  43. weed

    oh noes

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  44. weed

    I teach blind cancer kids to read

    srsly bro

    I want my own third tier bullshit blog one day but reading this one will do for now.

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  45. omfgitsjd

    On an unrelated note, Here is a somewhat gay performance, but I really like the music.
    http://www.youtube.com/watch?v=PghRiGY999Y

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  46. weed

    “buy halfway back”

    everyones doing it .

    gold and oil have been rolling like that…equities to follow

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  47. weed

    I was hpoing that was a link for two girls and one cup…i feel let down

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  48. DEVILDOG

    I made $40K this week trading. Your cash didn’t make shit. Fly lost big time.

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  49. omfgitsjd

    OK. This was definitely gay.
    http://www.youtube.com/watch?v=ipy58SaIRhs&NR=1

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  50. Junk Spread

    Gay, yes. But funny, no?

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  51. Buckeye Bob

    Anyone got a quick read on the leaked info re: the toxic asset plan

    http://online.wsj.com/article/SB123758981404500225.html?mod=mktw

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  52. J

    Fly,

    there seems to be a problem with being able to vote on a comment. I was trying to vote down Dog’s crap however the thing seems to have reached a limit? Is 5 down votes the most a comment can reach? If not would you please mind registering my vote and raising the number to 6.

    Thanks

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