Many of you are young punks, just learning this stock game. You rely on charts because it is the easiest way to become an authority on stocks. On the internet, unfortunately, there are many false profits, like Tim Knight, who claim to be “experts” on technical analysis. Look, Tim Knight is a technician like Hank Paulson has a handsome head of hair.
Fuckers like that are ideologues, who view charts via a distorted scope, because of bias. Real technicians, like my boy John Lee, don’t have a bias or an agenda to put forth. Don’t listen to men who prance around the internet, like ballerinas in the winter winds, geeked out on viagra, jonesing for the apocalypse. Men like that are supposed to be ridiculed, not respected.
In my business, fuckers like that are not respected. They are cast out and never invited to the cool parties.
Back to business:
After the recent run, expect a minor pullback. However, do not expect anything major. The Federal Reserve put the wolves out on the short sellers, via “loose goose” monetary policy. All dips will be bought and there will not be a price to pay for all of the mistakes made, at least in 2009. Ask me about 2010 and I will offer a whole new set of investment options.
In short, quit listening to children. The market is alive, full of energy. Feed off it and make your mark.
On dips, I like General Cable Corporation [[BGC]] , TriQuint Semiconductor [[TQNT]] and IAC/InterActiveCorp [[IACI]]
If you enjoy the content at iBankCoin, please follow us on Twitter
FIG
Le Fly:
The other week you mentioned LED which i thought had some promise. I thought that was a good thesis.
“Fly, ummm, I know you’re busy, but can you please tell me how long to wait?….”
:o)
Tiny gets mentioned here enough I had to go check out his slippery website. There I see an entry today “One example – QLD, shown below – is the ultrashort on the NASDAQ.” Makes me head spin to see this…
Say WHAAAT? Is that how he makes money on his “shorts”? By buying long?
no he loses money on his shorts buy buying long.
FICK
(Fly is Cock King)
hehe
Fly on a piece of shit.
Bear shit.
Tim is a fucking idiot he should just hand you over the money that he got left from Profet and call it a day
Tim should buy mutual funds and spend his day at Tea Parties.
One young punk here, eager to learn. The 2.2-3.0 guidelines has been incredibly helpful. Also liked the false “profit” wordplay. I will be wary of clowns pushing agendas.
Regards.
I have to pay a royalty to The Fly every time I post under my avatar. (This is the true source of The Fly’s wealth.)
Seriously “fly”, what do you stand to gain by calling someone out who has actually put themselves out in the public forum and stands behind their trades – win or lose? Someone who has actually contributed something to the world of trading, i.e. Prophet charts – building up a business and selling it to a reputable broker?
Meanwhile you sit behind some bullshit alias on a bullshit website w/ 15 bloggers that doesn’t even garner anywhere close to the kind of traffic as one website with one blogger. What do you know about respect? Certainly this kind of content doesn’t garner much from a so called “master” and “professional.”
Ummm, he sucks that’s why.
iBankCoin garners over a million page view per month. I seriously doubt he gets much more than that.
http://www.sitemeter.com/?a=stats&s=s13jogon&r=33
I call it like I see it. If you don’t like it, fuck off.
He doesn’t stand behind anything you worthless lump, he’s uses every trick in the book to not stand behind his trades. Show me one timely entry and exit. The price paid for for that business were bankruptcy terms, the whole thing is a sham.
You are making shit up. Check your facts. No bankruptcy terms.
You’re an idiot, at the price he claims it’s a stick save.
i dont get it why people come here and attack fly. this is his fucking blog. he can do anything he wants.
he makes money and provides free advise and picks
so if you dont like it, then dont read it.
also do this d bag tim knight, who keeps telling people to short. Fly is right, buy a mutual fund. the only thing that is right is the market. it picks a directions and goes, and all your facts and theory don’t mean shit.
Fly,
I like your style. But you’re a bit off on the spelling. It’s FALSE PROPHETS — not profits.
Though, in the case of Tim Knight, I suppose you could say he’s a master of the “false profits”.
Phil
Bingo. You got it.
phil:
where the hell have you been son?
Phil, welcome to the world of puns.
Would it help to point out that Tim’s company is called “Prophet Charts” which is also a bit of a pun?
Obrigado.
_______
Think I will keep a log of how many ideas and quotes Fly steals from Cramer. 1 – Mobile internet stock thesis/index. 2. “False Profits” pun.
Well said fly(as usual)
Fly, you must have this gay thing going on with Knight.
If you were within 40 yards of me, I’d knock your eyebrows off, running sideways.
No you won’t. I’m already fully naked, eyebrows shaved too.
LOL.
_______
This is an attempt to wake up the zombies who follow losers like Knight. It is not personal, more of a scientific intervention.
If you want charts, go to The Chart Addict. He will take Knight to task any day of the week.
Chart Addict and Tim Knight are 2 completely different types of traders, there is no reason one is better than the other. Their styles are unique to each and I would argue that neither can be reproduced exactly.
What Chart Addict does is amazing. He is a brilliant trader, but not everyone has the time, opportunity or knowledge to play short-term breakout and momo trades like he does. Logically, it does not follow, that Tim Knight sucks simply because he plays a longer-term time frame and more than a few basic setups.
You are being ignorant.
And, if you believed so deeply in what WeeklyTA does then why haven’t you had 400%+ returns this year? Why aren’t you trading technical breakouts? Atleast Mr. John C. Lee has the audacity to put himself out there why you continue to hide behind some bullshit alias, Broker A(nonymous).
wow, that last paragraph is retarded.
Is WoollyLlama is your real name or is that “some bullshit alias you continue to hide behind”?
No, the “W” is short for
Walter Ooleyllama
It’s French-Hungarian, I believe.
________
Like Sarkozy?
who the fuck is Tim Knight? I can’t seem to find his blog on the “Blogs” dropdown list at the top.
Google “turd”
Indeud. On the battlefield of the markets iBankCoin vs. Slope of Dopes is like ATK’s Lightweight 25 cannon vs. a squirt gun.
I don’t find it fitting of a gentleman to type “LOL”. With that in mind, your comment about knocking the fellow’s eyebrows off, running sideways, made me laugh the hell out loud.
I guess that’s a little better: LTHOL.
He’s not here, he’s at Slope of Hope soon to be changed to No Hope for Dopes. Dude use your Google.
thanks genius. use your sarcasm detector
I did Einstein.I used the opportunity to introduce the name change to that soon to be buried site.
fair enough. the “dude use your google” comment wasn’t needed then if that was your only agenda.
Sorry. Letterman hasn’t yet asked me to do comedy writing for his show. Agenda? LOL
Irrelevant fact of the day, in honuer (sic) of ‘Le Fly’ :
DENIM: This is one of many products linked to its place of origin. The hard-wearing cloth was created in Nimes, a southern french industrial town. It was known first as “serge de Nimes” and then as “de Nimes.”
Aiiight, my thoughts on today’s AA announcement. Let’s break down aluminum by product line:
1) Airplanes – Lots of birds fell out of the sky last quarter so demand for replacements gives this a bump.
2) Cheap house siding – Lots of people can no longer afford luxurious homes with the nice amenities such as bricks. Bump up huhr too.
3) Mobile homes – Enough tornados last quarter to also spike replacement demand.
4) Baseball bats – Word on the street is the 34 inch Easton is the mugger’s weapon of choice. Again, increased demand due to the increase in the number of people that have to resort to mugging folks just to scrape by.
5) Aluminum john boats – Increase in “occupationally challenged” people means they can’t afford no grocery stores. Give a man a fish he eats for a day. Set that fucker up with a boat, rod and real, and a collection of Bill Dance videos and he eats fo life.
AA is gone blow the roof of the sucka…
QED
“1) Airplanes – Lots of birds fell out of the sky last quarter”
Some stats regarding AA I’d rather not know. But nice summary Po Pimp!
Don’t blame the crashes on AA. They didn’t rivet the shit.
LOL.
_____
Tim Knight cant post comments here because he cant figure out the spam protection, so he has his noble minions prance for him.
Look at the swill comments that take place over there. It’s fucking horrendous. It’s like morons leading the retarded.
I heard an unconfirmed rumor that GS had some huge derivative losses in front of it.
#
BovineStew [Moderator] 34 minutes ago in reply to katzo7 2 people liked this.
No wonder the stock price is being bid up.
I can understand why Washington wants to place more controls on people trading. They’re actually trying to protect idiots from themselves and that way avoiding invariably future dips into social security..
[sarcasm] Now don’t you go knockin’ the bartender. Bovine Stew is da shit. [/sarcasm]
The reason market rallies or dips is not because of us retail traders. We’re just here to pick up the crumbs.
We lose more often than win because we have no control over price. Someone else does.
Tim was mentioning the other day that bulls seem to be nicer than bears in the main. Someone suggested that might be because bears tend to be better educated and better read. Not seeing anything to contradict that view here today. What an abusive and nasty collection of posters you have here.
Tim is now aware that this little blog exists. If that was the point of this attack then job done. Not sure he gives a damn but you shouldn’t hope for too much. At least a real player has noticed that you exist & that has to count for something.
Prophet is the correct spelling by the way. You might already know that but if so, that didn’t seem particularly obvious.
You may be unaware of this, but Tim Knight knew about this site way before now. He’s mentioned it in articles in the past, usually in subtle ways.
Hey F-Off asshat. Where’s your supermodel avatar? Like I’ve said many times before on this topic, I’m happy to be on the other side of Timmay’s Minions Trades. All money is green.
The EFFING point you retard is that Timmay is an EFFING false profit [sic] leading the ignorati down the path to financial ruin. If you can’t see this you are too stupid to trade. Wake up.
Now you got me pissed off. It takes a lot to get me pissed off, but there is one thing above all that really burns me and it’s intertube know-it-all’s that help the public to lose their capital. It’s especially egregious when those being fleeced are actually trying to learn something and instead are sold on following someone who is on the wrong side of the market and won’t admit it.
Flyswatter my ass.
Looking at your other posts, it doesn’t seem to take much to get you foaming at the mouth. Your split name is presumably a nod to your bipolar nature. Am I talking to Yogi or Boo Boo?
you guys sound like the typical pack of asshole newyorkers talking shit 24/7/
Slope is “Garden Life”
IBC is “Thug Life”
Got it?
Fuck Off
Truly, there is scarcely a single one amongst you who would give a prophet a goodly gesture of appreciation
(give consent) so that he could increase knowledge with further knowledge; truly, you belittle the prophet’s
knowledge of the truth and increase your unknowing so you do not find your way to the truth; but search for
the real truth and fight for it in a peaceful way once you have found it.
do you even know what you’re saying?
“Goblet of Truth” dude. Can’t you Google? 😉
Berry good Boo-Boo ! 😉
lol… oh…
Oh shut up. Tim and I have been going at it for many moons. You stupid readers don’t know anything.
Don’t flatter yourself. Tim is barely aware of your existence, and he’d only come over to read your risible opinions if he was in need of a laugh.
Seriously guys, if you really think that in this economy the only way for equities is up, then you are not reading enough history. Enjoy the rally while it lasts. If any here should have a more enquiring mind, read Galbraith’s book on 1929, and have a look at Japan over the last 20 years. Buying and holding mutual funds long term right now is a recipe for disaster.
My time allocated for teasing children today is up, so adieu. I doubt I’ll be back.
can you be a bigger douche bag fly? seriously, is it even possible? it’s sad how one blogger depends on the defacement of other bloggers.
Oh and btw, the spelling of “profit” was meant as a pun, simpletons.
Nolite iudicare ut non iudicemini
Worth a read:
http://www.economist.com/opinion/displaystory.cfm?story_id=14548855
Simpletons? I am still getting over the” abject moron” call when you bought DRYs over $7…..
hows that workin for you?
If you come here often, you should know that fly doesn’t rely on charts. He buys base on his thesis and does not expect anyone to follow.
have any of your charts work for you?
HomoDragun, you are so protective.
not protective but to get you gay ass to realize that your “prediction” is nothing but a distraction
you dumbasses predicted market to tank from 600 to 800 to 1000. when will you give it a rest?
Luv your command of the english language. Oh and really cool avatar “Dude”
Get out much?
WAS OUT WITH YOUR MOTHER LAST NIGHT, WHAT A BLOWBAG !
funny, your mom wanted me to meet you tonight. I guess I’ll have to cancel.
She convinced me how sad of a life story you have when your father left you and your priest molested you. i guess she lied. she’s great in bed though.
The Beav just went over to that blog Slope of Hope out of curiosity because of the comments here. He is reporting that there are no bad words on that blog so Ward and I will allow Wally and the Beav to read it every once in awhile although Wally has been busy lately with Mary Ellen ever since he discovered girls.
We had the “talk” with Wally last night.
Oh god the drys trade again. Lol
Is there a time expiration on that investment that I am unaware of?
Broaden your time horizon boy.
Apparently death will end the Statute of Limitations and even then there is always the Great Maker to answer to.
P.S. God used to be a partner at Goldman Sachs and has been known to appear in their offices from time to time dispensing investment advice.
Just breakin some balls…
No joke, where is the fine print that says, “If, within 5 business days, Fly’s investment has not turned a profit, it is incumbent upon the readers to berate him accordingly.” ??
Keep kissing ass, you still wont get a free PPT membership Mr President !
DRYS is on track to be the best fundamental story I have seen you folks yap about yet. Maybe FTK finds some love soon – I would not bet against it – but DRYS is looking very solid for the moment. Assuming we get to 10+, and it looks good so far, that one idea is enough to justify a year-long PPT sub.
I will buy a couple friends of mine a year at the PPT if DRYS crests 10. I am not sure how else to legally pay the man for this idea.
The market has to fall, it has to fall. I am so underwater on my shorts. Now down 70% since March. Someone help me.
too bad no one gives a shit what fly thinks
Market doesn’t have to do anything. It does what it does.
Institutions, specialists, control the market. It’s up to them.
sorry tim, imho, if you’re a true technician, you should know that 1056-60 is a crucial area. Should this break today or tomorrow, I suggest loosening up on some shorts.
Sir Fly, your unprovoked vitriol betrays a hint of uncharacteristic insecurity.
I imagine that you are being fellated by a bulimic aspiring actress whilst piloting a luminous rocket ship on wheels, (perhaps listening to a bit of OB4CL2). Why waste your brain on composing text, your time on clattering keys, why lift a finger to click a button to discharge your ideas into the ether, if only to incite your hoard of belligerent lackeys against a man who plies his craft in a less stylistically daring manner than yourself?
This is not about when the bear will return, this is about style. But you are dressing up your bitch feud as market advice. No, Im sure that your are stronger than this. Stop posting when you are drunk.
It’s about getting 72 comments in 2 hours…
are we “commenting” or “responding”
I’m getting mixed signals…
Excuse me. “Insightful” responses.
“Inciteful.”
(Note to illiterates — another pun.)
________
Beav is breaking out so I bought some.
Tim Knight — crist — what a retard. I actually read his posts once… not realizing how fucking intellectually lazy he is.
I got smarter. Him? Not so much.
Fly I was told to contact you I am your new Salvadorian nanny.
My old boss says fuck you.
Get back here and make my lunch.
And NO onions or I will report you to immigration.
That’s funny. I know a chick from Guatemala named Zoila.
She’d kick all y’alls asses.
AND Steve the Neighbor’s.
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