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
23,433 Blog Posts

Follow Your Crude Masters

Thank you for “talking to the pipe,” while I was away. It appears the market is ignoring the crude/dollar relationship and selling off for the fuck of it.

Naturally, this is some sort of Twilight Zone trading, where the slave attempts to whip the master. Woe on the investor who trades against logic and reason.

I can tell, just by reading your comments, the majority of you are not descendants of ancient Greek or Roman civilizations. Most of you are crude in behavior and slavish with money. If I was forced to guess, I’d venture off and say most of you descend from nomadic middle Asian tribes, where mutton was served at room temperature and sheep’s milk was an acceptable form of currency.

Back to trading this stupid market:

It is not ready for my coin just yet. There are some excesses that need to be flushed out and pikers to be punted. Regardless, the market will rebound today, due to the subservient ways of money managers and their crude oil Gods. As for me, I might nibble at a little OVTI or GLW. But, for the most part, I am not ready to place any new bets, unless of course the market spikes into the bell.

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26 comments

  1. Fly, need a small mild chuckle? Tim Sykes recently appeared on a video on The Street.com and said PRPFX was a safer way to own gold. The fund is 25% each gold,bonds,cash, equities. Makes no sense, no?

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  2. The Fly

    Tim Sykes is not very smart.

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  3. Maelstrom

    Tim is funny to look at also

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  4. jg

    mutton, too classic

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  5. wilmer

    I am descended from a great warrior peoples who tore down your Roman Empire and used your gay tunics as toilet paper.

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  6. Buy the dip later
    Buy the dip later

    The crude/commodities rally is another bullshit mirage lead by the cocksuckers at Goldman. It ain’t gonna work.

    This rally in stocks will sizzle out, kinda like the popularity of this blog.

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  7. ThePipe

    Tough crowd here Fly.

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  8. ishman00

    market looks like its dying here

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  9. JakeGint

    I’m descended from the happy island Caeltic (sic) people that seek only to be left alone whilst they write poetry and seek lucrative Leprechaun gold.

    And silver.

    And maybe some platinum and the occassional molybdenum when it comes a cropper.

    So leave me tf alone.

    _____

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  10. Andre123

    Fly my DXO is falling fast…Is oil tipping?

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  11. Bman

    Glad I listened to my GLW chart TA at —
    http://stockcharts.com/h-sc/ui?s=GLW&p=D&b=5&g=0&id=p47373353220

    The weekly chart doesn’t look much better.

    Three impending zero line crossovers, downward… always a bad sign.

    I’ll buy GLW at the MA50 support.

    Put more Cholula on your GLW taco next time. Your overall market calls are excellent, however. I am but a lipstick smeared clown quivering at your feet, Lordly Fly. 75% YTD makes me look like an idiot.

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  12. Joey Bag O' Mustard Seeds and Green Shoots
    Joey Bag O' Mustard Seeds and Green Shoots

    Best Buy’s same store sales disappoint even though Circuit City is taking a permanent dirt nap. The green shoot was eaten by a Kodiak bear.

    Good luck with that “V” shaped recovery thesis.

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  13. jg

    fizzle dizzle, flyblog rules and popularity will not wane.

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  14. idiot follower

    FLY OMG all my positions are falling fast, what should i do? !? ! i searched yours RCs CAs even Danny’s blog and noone is telling me what I should do right now

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  15. Cash-N-Guns

    a large goat just shit on Kudlows mustard seeds…green shoots are for vegans…fucking hate that gaytard term.

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  16. suck dick, idiot, suck dick.

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  17. artha

    stocks are for asshats

    fuck beta

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  18. lemonhead

    atila and fly to change places it seems.

    why do fools fall in love

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  19. JuneCleaver

    I caught the Beaver talking to Mr. Cleaver’s pipe. He said that Fly told him to talk to the pipe.
    Ward and I may have to check the Beaver into Bellview for observation.

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  20. JakeGint

    Greens shoots in the junior miners?

    Super Nova Gold

    ____________

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  21. Short NQ / Long ES in a 2:1 ratio trips my trigger for some reason.

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  22. gappingandyapping
    gappingandyapping

    Late day TNA coming soon.

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  23. Dick swining low
    Dick swining low

    Damn, my dick is swining low today.

    My girl isnt allowed to wear heels around me for the simple fact that she may end up stepping on my meat stick.

    Holla

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  24. kush

    Mihi nomen est Kush. Tu est non-sequitor.

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  25. Will something… anything just GO THE FUCK UP RIGHT FUCKING NOW???

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  26. Cash-N-Guns

    puts are going up…

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