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
23,435 Blog Posts

Nice Moves Government

I am glad to not be invested right now. Somehow, someway, the stocks Gods protect Senor Tropicana from certain death, on a regular basis. I am man enough to say, had I been invested today, I would have lost money. But I didn’t!

That must vex many or most of you.

I know, there are lots of opportunities abound and folks here are banking coin, at a criminal rate, crucifying the shorts.

Consider this run a head start, for you retard pig masters. While SKF depreciates at an absurd rate, my vantage point gets masterful.

I appreciate the work Ragin’ has put into iBC, as of late. When it comes to playing bull runs, no one is better than good ol’ RC. You should be reading him, especially when I am on ice.

Anyway, it’s good to see the majority of you making some coin here— long. It will even better to see most of you surrender such said gains to HORATIO CLAWHAMMER, within the next week.

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48 comments

  1. alf44

    …definitely some crazy ass shit in that last hour…

    .

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  2. lieutenantfox

    Yes…RC is good in bull markets. Unfortunately, the long side is only half the game. I read all his stuff during the monster declines and his love of AAPL and other tech stocks got people killed (assuming they listened). It is good to see him prospering now though.

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  3. gappingandyapping
    gappingandyapping

    Downside reversal coming?

    If the bond market is any tell it sure is. The 5 year failure and the Gilt was just horrendous. Although I don’t expect most of you drive by homos to even know what I am talking about or what bonds are even for that matter but for those of you who do this may be a nod.

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  4. The Chart Addict

    classic WTF moment exactly at 3PM

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  5. jjjsix6

    It’s a good thing the Fly has never been to The Virgin Islands because they would have to change the name to just The Islands

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  6. Bad News Bears

    I totally jacked this from JPeezy out of the PG section…
    Funny stuff though

    http://www.youtube.com/watch?v=YfYijyWMAjo&feature=player_embedded

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  7. The Contractor

    The 5 year auction wasn’t a failure gap. Quit being a drama queen. It was weaker than expected but nothing like the Gilt.

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  8. Rally Monkey

    Fly WHERES MY SANDWICH!!

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  9. The Contractor

    LOL @ cockshot

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  10. jingle

    Hey Fly,
    I asked on the previous thread (but right at the very end so you probably did not see it)
    Can you run the PPT on TC or is it too small? I am a paying member and tried that but it wouldn’t recognize the symbol.
    thanks!

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  11. JakeGint

    “… and the Krundleman, PLUS nine Jesus cards!”

    lol.

    _____________

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  12. omfgitsjd

    WTF is right. I look at my folio in the morning and it’s bursting at the seams all green. Check it at 3 PM and it’s bleeding, come home, go online, and it’s green again.

    Goofey stuff.

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  13. tomorrow

    I believe tomorrow will be a HUGE up day once again. 5%+ up day on the S&P.

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  14. omfgitsjd

    Seems like it.

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  15. The Prof

    The only guy who has the balls to block Gensler?

    Bernie Sanders

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  16. I found this quote from Bernie

    “While Mr. Gensler is clearly an intelligent and knowledgeable person, I cannot support his nomination. Mr. Gensler worked with Sen. Phil Gramm and Alan Greenspan to exempt credit default swaps from regulation, which led to the collapse of A.I.G. and has resulted in the largest taxpayer bailout in U.S. history. He supported Gramm-Leach-Bliley, which allowed banks like Citigroup to become β€œtoo big to fail.” He worked to deregulate electronic energy trading, which led to the downfall of Enron and the spike in energy prices. At this moment in our history, we need an independent leader who will help create a new culture in the financial marketplace and move us away from the greed, recklessness and illegal behavior which has caused so much harm to our economy.” —– Bernie Sanders

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  17. Eric

    Contractor – “Weak Bond Auction” is very important. Don’t be an ostrich.

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  18. todays tape looks like a sine wave

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  19. sysin3

    Cramer is also (somewhat) good in bull markets.

    Via the transitive property, does this imply that Ragin’ is Cramoo ?

    (sorry Ragin’, just raggin’ on a fellow Southerner πŸ˜‰

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  20. The Contractor

    Eric–I was merely contesting his terminology that the auction was a failure and it’s comparison to the Gilt. I made no mention of it’s importance or lack there of.

    Also, I’m not an ostrich. I’m a bull (for the time being that is). πŸ™‚

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  21. jg

    feeling butt r*ped by a diseased goat.

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  22. The Unpredictable Johnny Rodz
    The Unpredictable Johnny Rodz

    Having just read Weed’s most recent posts, I would like to reitterate the two thumbs down on him that I declared a few days ago. The make-believe stories about hosing-down Asian women that enjoy exercise are probably your best effort so far. Good grief. Hey listen, the adults are talking, so go to your room and challenge yourself with the latest issue of High Times.

    In other news, Kidstock is back, and he is on a roll. Look out ! !

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  23. dave

    You want a job? Move to fucking India. China has manufacturing. India has white collar service jobs in their sights.

    International Business Machines Corp. is expected to lay off about 5,000 U.S. employees in its global business-services unit, with many of the jobs being transferred to India, according to people familiar with the situation.

    Big law firms are moving jobs over to India too. Chasing ambulances is now possible from New Delhi. Accounting firms are making the same transition as well.

    The only jobs that are safe are hands on jobs such as doctors, nurses,auto mechanics, air conditioning repair, prostitutes, drug dealing etc….

    The USA’s decline will pick up steam as these trends accelerate. At some point we will find a monetary equilibrium, albeit much lower, with the rest of the world.

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  24. sysin3

    @dave

    I’d rather starve than move to a shit-hole like India.

    And Mexico ain’t even made it to the bottom of my shit-hole list. (add 117 other countries here)

    Seriously. They can keep their shit.

    I still can’t believe that we went to war in order to retain Texas. Been there. No reason to go back.

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  25. JakeGint

    I was going to post this resignation letter from the Head of the AIG Equity Desk here in the commments, but it’s just too damn long, so I put it in the Peeg. I think it’s worth some valid discussion, at least.

    Dear AIG, I Quit!

    _____________

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  26. JakeGint

    Dave —

    Please join the line of 250,000 other Luddite naysayers that declared the end of America because “X” industry was being exported overseas.

    When you get to the front of the line, you get your puppy and a pat on the head.

    One warning, all the good dogs are gone, and they are still only up to the guys who said we were doomed when the textile industry started to light out for less labor expensive shores back in the late fifties.

    I hope you like pit bull-chihauha mixes.

    ____________

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  27. Mr. EB

    Fly, you gotta post this: http://www.youtube.com/watch?v=94lW6Y4tBXs

    Just replace UK with US! Same crap.

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  28. JakeGint

    EB — he posted that last night.

    ______

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  29. Mr. EB

    Oops.

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  30. weed

    dunno what was so wtf about it

    support and intraday oversold halfway into a bear market rally

    seems the hedges that are being bought will keep our dips from down and hanging at least until 3rd friday apr or thereabouts.

    and

    dearest fly,

    if you would be losing in this market we have been having toss and turn back and fro over the past week…you would be ordered to turn in your card.

    stop being a faggot and making up for your bad timing and missing this past week.

    you would be banking egregious coin and loving life.

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  31. Dr. Incognito

    Don’t worry Horatio, just like the IBs, I will know exactly when to exit, wait a sec…

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  32. gappingandyapping
    gappingandyapping

    Fly that fat fucking country hick idiot that you often post on this site has to the one that wrote this shit to the AIG people:

    — Dear Sir: Ya’ll should have the balls and come clean and give back the bonuses. I know you would never do this so the gov’t ought to take you out back and shoot everyone of you crooked sonofb****es…I would be very careful when I went out side. This is just a warning. If I were ya’ll I would be real afraid. Thanks, Bill.


    — You f***ing suck. Paying bonuses to the d*****s that made bad bets losing your company billions of dollars. I want to f***ing puke. Publish the list of those yankee scumbags so some good old southern boys can take care of them.

    What the fuck is wrong with these people, I bet they are the same people on the Yahoo message boards.

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  33. omfgitsjd

    Wow, Daniel Hannan ripped on the Prime Minister with a razor tongue. Impressive.

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  34. gapping skvm suckit
    gapping skvm suckit

    What the fuck is wrong with these people…

    A shitload of yankee lower manhattan & CT DE bitchez need to meet just such a fate imo.

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  35. Trader Bob

    Fly,
    Are you Puerto Rican?

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  36. The Fly

    I am NOT Puerto Rican.

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  37. dave

    They jacked up the tax on a pack of cigarettes by a dollar a couple of months ago. I made my weekly purchase today and found out they are adding another dollar in taxes in April. That’s from $4.30 to $6.30 for a pack of Marlboros within 3 months. It’ll be cheaper to smoke joints soon.

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  38. mike

    dave:
    Healthier too

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  39. Trader Bob

    Fly,
    My girlfriend is Puerto Rican and she loves your music selection. She thinks you must be latino or married to one?
    Latin women are a handful!

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  40. The Fly

    bingo.

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  41. INDEUD!

    Bingo?!

    http://tinyurl.com/c7efjj

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  42. Small Fry

    I successfully navigate SRS on the way up and the way down today for an incredible profit on both sides — but what a heart-wrenching roller coaster. I’m not sure the few grand I made is worth the years it took off my life. That stock is just like crack – equal parts destructive and so sugary sweet.

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  43. mrkcbill

    Is this weed?

    http://www.youtube.com/watch?v=0e2oBmo800w

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  44. Juice

    Consider me vexed.

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  45. Green Shoots

    Mustard seeds are fucking gay.

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  46. weed

    its common knowledge that the Fly is a negro with blue gums

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  47. mrsbuttons

    Mr. Fly:

    any reason why you remain anonymous? Your fan Howard Linzon has no problem with his fame…people like to know who they are talking to – not sure what the mystery buys you…higher premiums these days on disclosure, transparency…etc

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