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
23,443 Blog Posts

You Cannot Hide

Goon squads are combing through the streets of Wall, searching for losers who are short stocks. Upon finding them, the shorts are being arrested and thrown into 80’s style limousines, where they are slapped, and slapped again, with hot slices of pizza and drenched with sugary sweet florescent green soda. Despite their best efforts to annihilate the market, the bears have lost the initiative, and as a result, find themselves in a very onerous bankruptcy situation.

Naturally, the market is not going to power forward on a daily basis. However, during bull markets, such as this, the bears shall be given no quarter or respite. Instead, as some of you know, they are offered “the black flag,” where only roach motels offers lesser amenities.

Over the last 6 hours, Senor Tropicana has been dealing with internet connectivity fuckery, an obvious ploy by his enemies to slow down his winship efforts. With a little demonic-style screaming and luck, I am now connected to the internets, where I intend to enjoy the pleasures of telling random people to “fuck off,” and boast about present and future victories.

Do not blame “The Fly” for your impotent investment prowess. Blame your parents for passing on inferior genes.

At any rate, with my money, I will wait until 3:45 to execute several buys.

Stay tuned.

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21 comments

  1. Woodshedder

    Why not buy 30 SPX points south of here?

    Welcome back, Senor.

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  2. Ecchymosis

    Fly,

    Thanks for confirming it WAS my parents’ fault!!

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  3. Capt. crack

    yea like that nice amd buy at yesterdays close keep chasing them higher cuz tats all you can do is chase shit loser

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    • The Fly

      And you go by the name of “Capt Crack.”

      I rest my case.

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    • Captain Anarchy
      Captain Anarchy

      Please note –

      Capt. crack and I are not associated. The Anarchist Self Defense Forces does not commission officers who call people who make money “loser”. People who make money are supposed to be called “fascist” or “tool”, unless they make money selling shit we like – like hemp hammocks, iPods, and anthropology degrees.

      Come to think of it, the Anarchist Self Defense Forces doesn’t commission officers, either. They just sit around in a circle and try to get 140 people to “consense” according to who can hold their breath longest and/or invoke the most upper-middle-class white guilt. And then, after decisions are made, people just go and do whatever gets them some attention or action…

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  4. Juiceyfruit

    Kass is calling for 3-5% correction. Since the boy has actually had the hot hand regarding the market since March, I give him some creedence, clearwater.

    ===================================
    Prepare for a 3% to 5% Correction (RealMoney Silver $)

    By Doug Kass

    I am positioning for a 3% to 5% correction now.~My proximate catalyst remains the weakening financial sector.

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  5. Cash-N-Guns

    low priced dog shit plays..

    GNBT
    PPHM

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  6. TX Slave Trader
    TX Slave Trader

    Long NIHD Aug $20 Calls into earnings at $2 max. Bet that shit.

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  7. Nasdaq 10k

    The nasdaq will have 67 straight up days before this is over. Then down for 2. Then up another 45 before stalling.

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  8. Nasdaq 10k

    Money on the sidelines. More than can be counted.

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    • Cash-N-Guns

      spongebob square pants is on…time for you nap jr.

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    • Woodshedder

      You might think, if it is still on the sidelines, that it is probably not going to enter after going up 8% in 6 days.

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  9. Nasdaq 10k

    It is if we are goign up another 20% from here.

    Damn these spam protection questions sure are hard.

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  10. Teahouse On The Tracks
    Teahouse On The Tracks

    FLY – You still holding IR (through earnings) ?

    Any thoughts on FXP here?

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  11. pedronater

    yo this may be a dumb question but im new to trading, if i were to buy amd now, would i get it at 4.08 and then reap the potential benefits of after hours or does my trade not kick in until morning open

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    • Captain Anarchy
      Captain Anarchy

      (assuming this isn’t trolling)

      If you do not already know the answer to this, you should maybe play around with marketocracy or one of the other services that let you simulate trading without using real money. That way you can learn some of the more painful lessons for free.

      Otherwise, it will be more efficient to simply write a check to the Fly, rather than going through the hoops of transferring that money via stock losses.

      After hours trading doesn’t work like regular trading. There’s no market orders, only limit orders – and volume is thin. AH has gotten so crazy that a lot of swing traders I follow have either gone to day trades or other strategies because they don’t want to hold swings overnight anymore. But if your broker does AH, they should have a separate section for that. You’d have to check with your broker

      Also, AMD is down about 12% sitting at 3.59 as we speak. Tomorrow late morning after the stops get swept might be a better time, if you think it’s going to bounce back.

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