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
23,442 Blog Posts

Behold The Great Ass of a Market

If Picasso took a few weeks off from painting, you wouldn’t heckle him, on some stupid website, telling him ” you’re missing out on all the cool new painting,” would you?

Answer: of course you would. You’re an idiot. That’s what idiots do.

Instead of traveling yonder to the other tabbed bloggers on iBC, who by the way nailed this rally, many of you are obsessed with what “The Fly” is partaking in. Didn’t your Mother teach you to mind your business?

Answer: of course she didn’t. You were raised by a pack of wild wolves and possess the etiquette of a mountain lion, dressed in formal night attire, at a fancy dinner banquet.

Look, the market is not going to blast off to new highs anytime soon. Sure it sucks to miss out on “epic rallies.” However, we get a lot of that shit around here, these days. Sometime soon, I will be back trading again and you will be back to questioning my every move.

If you want my opinion (why the fuck else are you here?) sell this rally, as if your hands were about to get cut off by a lunch meat slicer. In my opinion, now is a good time to belly up and throw down some shorts in ACC and HME. And, if you have to go long, take a look at WNR or PCR, on a dip.

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63 comments

  1. Fly – Shouldn’t you have SAVINGSBONDS.GOV as one of your blog links?

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  2. Henry Fool

    Money flowing back into Stem cell stocks after pullbacks.
    I’m playing it with BTIM

    STEM
    GERN

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  3. Cash-N-Guns

    Fly- enjoy your sabbatical..have some single malt scotch or small batch bourbon and order some roast duck for lunch…smashing..!

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  4. Far North

    While others behave as if stupidity and ignorance are virtues…..I turn to this site for the Fly’s insight and vision….ok sometimes outrageous humour! Take the time to do your diligence Mr. Fly…….We await your return from the Southern climes to the bastions of cut throat commerce!

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  5. Itchy & Scratchy
    Itchy & Scratchy

    “Sometime soon, I will be back trading again and you will be back to questioning my every move.”

    LOL – so true.

    I can’t believe the crap and advice people dish out to you on your own blog despite your outstanding track record.

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  6. Braveflaps

    Wolves and mountian lions at dinner?

    Give me the company of eight scantily-attired cougars and a one gallon box of New Jersey’s finest chardonnay.

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  7. Cash-N-Guns

    as soon as these Congressional dick-lickers are done inflating themselves with false importance..Bernanke will close strong..as will the mkts….fuck congress. Piss on your local congress-tard.

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  8. Bill Walton

    The big red head never conformed to what the crowd wanted. He was just himself.

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  9. E8

    Nothing to see here … move along people!

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  10. scam biskit

    …why the fuck else are you here?

    I’m here for the abuse.

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  11. The Unpredictable Johnny Rodz
    The Unpredictable Johnny Rodz

    Fly – In recent days, several posts from you in which you comment extensively on your cash position. Clearly, you are uneasy about the positioning. But at the same time, you acknowledge that is necessary, presumably due to pending career matters. No need to apologize or explain. It is what it is. Looking forward to have you back in the mix and back to your old ways. Rock on.

    Cajun – You must be lost without specific trading instructions from Fly….which you can then represent as your own.

    Weed – Where has weed gone? A one day flurry of comments and criticisms, including sexual escapade ramblings, and he disappears. Thumbs down on Weed.

    Kidstock is back in form !

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  12. Cash-N-Guns

    Timmy finally stands the fuck up…well done…I want a steel cage match with Bernanke and congress skank (yes black she is..but stupid no matter) Waters…that would be good…

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  13. DEVILDOG

    I figured out the fucked up SRS, URE, SDP and other ETFs and IETFs bullshit today. Proshares paid dividends today and fucked everything up like they did back on 12/23/08.

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  14. Mushroomz

    “The greatest thing by far is to be a master of metaphor” -Aristotle

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  15. TheArtist

    Behold the Great ass of “a” Market….not “an” Market……..geesss…

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  16. Henry Fool

    Anything looking any good is looking pretty good here!!

    Markets going green from SELLER EXHAUSTION!!

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  17. TheArtist

    Henry look at RGR, crazy up over the last 3 weeks….

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  18. El Tiberon

    I’m not an Idiot…I’m an Asshole…get it right there Sleeping Beauty

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  19. 4fl3x

    There are tabbed bloggers on IBC? Who knew… Poor Cronkite.

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  20. Henry Fool

    Artist

    RGR Is a thing of beauty even if your not in the trade

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  21. Cash-N-Guns

    hearing over…MKT will now go up….infrastructure stocks getting a bid…note CBI – CLF..X…etc…and DRYS…long all since yesterday…oh- Fuck Congress sideways 7 times.

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  22. punyandy

    when did fly piss in snoopy’s wheaties? back on the old shitbox blog, ducati used to be an invited guest from time to time. glad he is gone, because he is a lame whiner, but just wondering when the relationship went down the tubes.

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  23. Henry Fool

    G R E E N

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  24. mustard seeds

    Those other kids have been kicking some ass in this rally within an enigma of a generational fucktard market…and Cronkite is Johnny on the spot with pertinent matters.

    Got nuthin else. Ya’ll trade well and make money for yourselves and families…that is the goal.

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  25. brushbuck

    Doo Catty,

    Crawl back into your hole slimemeister.

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  26. JakeGint

    TEST!!

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  27. London

    …why the fuck else are you here?

    I’m here for the abuse.
    ———

    Now, there you go. Fly should fess up to the masochist draw here and rename the site ISpankLoin.com. Gosh knows the abuse is of the same high caliber as the trading calls.

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  28. JakeGint

    TAke TWO electric bugaloo…

    The big red head never conformed to what the crowd wanted. He was just himself.

    Saw him at a lot of Dead concerts.

    __________________________

    Speaking of concerts, are there any “Five for Fighting” fans out there?

    John Ondrasik, their lead singer, just came out w. a new single “Brothers in Arms” which is absolutely devastating, and I think even more so for people who were/are or who have family members in the military (or any job that might put one under fire, I suppose).

    He wrote the song after seeing an unfinished version of “Brothers At War” (trailer here), a new documentary about a filmmaker’s journey to Iraq to see his brothers in the military there.

    Haven’t seen the movie, but highly recommend the song, a snippet of which starts at about 1:40 or so.

    _____________

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  29. Henry Fool

    M O R E

    G R E E N

    100% LONG

    ARST overweight
    SFLY overweight
    BTIM stem cell spec
    TNDM FLY
    CFK thinster oil – explosivo
    ANCI ?
    DVAX biotech lotto ticket

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  30. JakeGint

    London —

    You of all people should know that’s a Python reference.

    Question — did you live in UK during the 70’s?

    _______

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  31. Henry Fool

    I welcome you all to watch me get rich before your very eyes.

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  32. Henry Fool

    with my giant BALLS of speculation dangling

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  33. JakeGint

    Test AGAIN!

    Are there any “Five for Fighting” fans out there?

    John Ondrasik, their lead singer, just came out w. a new single “Brothers in Arms” which is absolutely devastating, and I think even more so for people who were/are or who have family members in the military (or any job that might put one under fire, I suppose).

    He wrote the song after seeing an unfinished version of “Brothers At War” (trailer here), a new documentary about a filmmaker’s journey to Iraq to see his brothers in the military there.

    Haven’t seen the movie, but highly recommend the song, a snippet of which starts at about 1:40 or so.

    _____________

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  34. gappingandyapping
    gappingandyapping

    The bottom may very well be in. A retest? We don’t nee no retest, its all 300% upside from here.

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  35. Cash-N-Guns

    Update…stick a goats dick into Michele annoying skank Cabrera’s transvestite face…and tell Sue(fucking-load) Herrara…to go work part time at a day care in south jersey..damn cow.

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  36. JakeGint

    when did fly piss in snoopy’s wheaties? back on the old shitbox blog, ducati used to be an invited guest from time to time. glad he is gone, because he is a lame whiner, but just wondering when the relationship went down the tubes.

    Dooc’s one of those “jealous toothless Brit” types. He’s got a blog that earsn about 14 hits a year, so he figures he’ll “remind” everyone he’s still alive by posting nasty accusations here.

    Pretty much your standard definition of a troll, no?

    Pathetic behaviour (sic) for a grown man, however. He’s to be pitied.

    _________

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  37. TheArtist

    Cash-n-guns….. do what I did, and my life has never been better….switch over to the Bloomberg, and don’t look back.

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  38. Anonymous

    At least we know Chart Addict has one reader. Thanks for the analysis Ducati

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  39. Cash-N-Guns

    Artist…solid advice no doubt..perhaps a rogue scud missile (Korean?) will implode the headquarters…or congress.

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  40. JakeGint

    More timeless wit from the Smartest Man in Canada (after Mars2Earth, I mean):

    Re: I guess it’s official [Mark Steyn]

    Mark (Hemingway), let’s not forget Vanity Fair’s Michael Wolff — “Barack Obama Is A Terrible Bore”:

    Sheesh, the guy is Jimmy Carter.

    That’s very unfair. At this stage in 1977, even Jimmy Carter wasn’t Jimmy Carter. But, 30 days in, the horror of what they’d wrought began to dawn on Brooks, Buckley, and the Obamacons. And, after a mere 60, the A-list libs are starting to figure it out, too. Mr. Wolff continues:

    The hurt defensiveness (and bad script for it) that everybody in Washington “is Simon Cowell… Everybody’s got an opinion,” is pure I’m-in-over-my-head stuff. Even the idea of having to go on Jay Leno to rescue yourself from the AIG mess is lame. Be a man, man…

    This guy is leaden and this show is in trouble.

    Maybe it takes a foreigner to see it. The Ottawa Citizen’s David Warren puts it this way:

    As I mentioned during the presidential campaign, Mr. Obama was seriously unqualified for the job of president. He had no practical experience in running anything, except political campaigns; but worse, his background was one-dimensional.

    All his life, from childhood through university through “community organizing” and Chicago wardheel politics, through Sunday mornings listening to the Rev. Jeremiah Wright, to the left side of Democrat caucuses in Springfield and Washington, he has been surrounded almost exclusively by extremely liberal people, and moreover, by people who are quick and clever but intellectually narrow…

    To a man like Obama, as he has let slip on too many occasions when away from his teleprompter, “Middle America” is not something to be compromised with, but rather, something that must be manipulated, because it is stupid. And the proof that it can be manipulated is that he is the president today.

    Yes, but the manipulation of “Upper-Middle America” — the Dowds, Riches, etc — was key to that. They’re the beneficiaries, ungrateful though they are, of the boom years. Politics is cyclical so in the fulness of time it may yet deliver up another Reagan. But, if you’re Frank and Maureen’s age, at the rate the Obama-Frank-Dodd crowd are vaporizing American wealth, the new Reagan may not arrive in time to enable you to make back everything Obama’s costing you. But hey, that’s “social justice,” right?

    _________

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  41. London

    yes, you’d think reading this blog would have had thoughts of maiden-spanking, medievally-twisted logic, witch-hunting, and flame-throwing at the fore of my mind. And bunnies.

    I give up on this blog every half-year or so out of disgust. I was in London the last time I un-gaveup on it. I’m actually a Texan, struggling as one of the few non-right wing, non-religious-fanatic, non-every-other-texas-stereotype(they’re all true) people in my neck of the woods.

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  42. TheArtist

    One day we’ll all look back on this from our hospital bed and laugh.

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  43. JakeGint

    Doug Kass:

    “PERMA-BULL!”

    ________

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  44. Henry Fool

    If ARST doesn’t trade over 11.75 in the next 10 min I’ll suck my own thumb.

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  45. Cash-N-Guns

    CNBC opening a retail store-front–> “Skanks R Us”

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  46. jingle

    BAC about to blast thru 8… sheesh

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  47. FAZ

    HAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

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  48. jg

    “You were raised by a pack of wild wolves and possess the etiquette of a mountain lion, dressed in formal night attire, at a fancy dinner banquet.”

    goddam. i said goddam.

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  49. The Contractor

    RELEASE THE RALLY MONKEY

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  50. nation81

    listen to the Fly

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  51. Henry Fool

    I want a divorce if ARST doesn’t trade above 11.75 by end of day!!!!!!!!

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  52. gappingandyapping
    gappingandyapping

    Kass: I Was Right, That Was the Market Bottom!

    Woohoo 300% upside lets get going homos.

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  53. PRICERUNNER

    So Doug Kass looks at the big Fibonacci numbers and calls a bottom. Wow he is smart and a bull market is said to be a 20% rise in a bear market. So he can’t be wrong we will have a 20% bounce before this Bear Market is over and he will just call that the Bull Market and the next leg down a new Bear Market. These people are pumpers they make money by people reading their trash. Look at the Jan. indicators and tell me the Bear is dead. If it is I need to see the Monthly charts turn bullish with the MA’s all lined up like 16 year old girls tits.

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  54. TOS question

    How do I add volume to my chart while viewing SPX chart?
    Volume comes automatically with every other symbol…

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  55. wb

    JakeGint, thanks for the heads up on the John Ondrasik song. Good stuff.

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  56. DEVILDOG

    Hey Jake, you want to buy any of my SRS to cover your STUPID short? LOL!

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  57. JakeGint

    No, but thanks for asking!

    __________

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  58. punyandy

    Jake –

    Definitely the kind of behaviour (sic) one would expect from a grown man who relates with Snoopy.

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  59. i’d be selling srs by end of day–market will be up tomorrow

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  60. DEVILDOG

    Anonymous is a dumb ass and WRONG. Not selling until my target is hit on 3/26.

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  61. Cricket

    Agree with Johnny Rodz above – Most of Cajun’s trades are copied from all over the blogosphere – slopeland, OA, Atilla etc.
    Nothing wrong as long as you do not represent them as “your own” trade ideas.

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  62. god

    Possible solution to this possible 2nd Great Depression: Everyone in the world reads fly’s website and follow his every move(make money).

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