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
23,441 Blog Posts

Chill Out

I’ve been out all day at some asinine meeting/event. Actually, for normal people, the event was rather enjoyable. But not me. No, I’m over there checking quotes every 5 seconds, like a neurotic nicotine addict, jonesing for a large cigar.

I see tech stocks are receiving multiple homo hammers today, including my RFMD position. For the record, may God strike those who bet against my positions.

I told you to wait for cheaper prices, while also saying the market should go higher. Try figuring that shit out, while drunk.

I’m tired of being a bear, betting against humanity and wishing ill will on banking execs. 2009 is the year of the kind, gentler Fly, who is still capable of punching your chest hairs off without provocation.

It’s time to practice what I preach, by way of defending some of my positions.

More on this later.

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13 comments

  1. kidstock

    FIG

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  2. firstadopter

    Acorns

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  3. The Contractor
    The Contractor

    The year of the funnel.

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  4. Nails

    Fly, i’m sure you’re tired from the massive beating the hammaer of death has been giving you today. Lie down on my bed of nails, and rest. I’ll give you a cashmere blanket to keep you warm and comfy!

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  5. Monica Lewinsky
    Monica Lewinsky

    FLY,

    can I have my cigar back…

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  6. TraderCaddy

    Who in there right mind would want to live in Detroit, even if given the house?
    The city is corrupt, full of crime, crappy schools, and a bunch of radical Islamists who would rather slice your head off than talk to you. They even have a school everybody knows that goes by the name Hezballah High.
    Throw Detroit out of the USA.

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  7. The Fly

    Cashmere. Nice touch.

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  8. Goin'Fawr

    RE:”Jimmy Rogers likes silver better than gold. If the IMF sells their gold, it’ll head down.” Bitched, if the IMF sells all their gold, it’ll be a drop in the bucket of demand, and will hurt their position by leaving them with swaths of FIAT currency.
    See Casey Files for an opinion from those with an, admitedly, vested interest in POG. To be brief: it may well affect POG marginally for the short term, but it’s not likely to have that much of an influence, and that influence is not likely to last.

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  9. Heckler511

    Fly did you tweet-demand this market reversal?

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  10. Anton Cigur

    You’ll get the cashmere blanky as soon as the Gretsky house sells.

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  11. FLY GUY

    GOIN,
    why not look @ other commodities like food…If the dollar shits the bed all commodities will sky rocket..I’m looking @ DBA..I know Rogers has said to be a farmer..

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  12. MOOBS

    “I’m over there checking quotes every 5 seconds, like a neurotic nicotine addict, jonesing for a large cigar.”

    Ditto.

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  13. Goin'Fawr

    FLY GUY:
    Hey, that is not such a bad idea, seriously. At the very least we should all definitely consider planting a garden! My city, a capital one too (albeit a Provincial capital), has just passed a by-law that allows people to keep a certain number of chickens in their backyard… DBA hunh? Noted. Though I wonder if the ‘100 mile diet’ creed should be applied to buying aggy stocks too… I guess it depends on whose currency you think is going to tank the hardest. Interesting.

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