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

To Be Continued

Instead of buying stocks today, I ventured off on an inane shopping spree, buying irrelevant shit—only because I can.

As expected, the market lifted off into the bell. First thing tomorrow, providing we see some strength, I will continue buying into my Foreign Thesis and pick at a few underperforming commodity names, like McMoRan Exploration Co. [[MMR]] or more Flotek Industries, Inc. [[FTK]] .

In closing, the powers that be, want inflation; therefore, we shall have it.

Trade accordingly.

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28 comments

  1. jg

    fig

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  2. Jake

    Fly,

    What do you think of uso and dig?

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  3. mrkcbill

    Fly is King Cock of this blogging world.
    Senor Tropicanna= COIN Fuckin A …..Bad Ass

    WAG to 50 and split
    I love my Country

    Fly please don’t let Jake see this but….(go see Michael Moore’s new bullshit movie you’ll get a kick out of it)

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    • JakeGint

      No worries, Fly financed Moore’s new movie.

      That fat shit hates capitalism, but he has all his money with the Fly.

      Odd, no?

      _____________

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  4. kidstock

    More broadly Fly…what are your thoughts on the banks?

    They appear to be preparing for another leg up.

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  5. Po Pimp

    AA reports a profit.

    Game on mother fuckers!!!

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  6. 308

    saw WFC & STI hit with SELLS after the bell at UBS, while GS & MS initiated with Buys at Deutsche Bank..

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  7. Jed

    mrkcbil again tries to waste the Great Fly’s time by his assinine suggestion that the Great Fly would enjoy fat boy’s “movie”.

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  8. mrkcbill

    Jed , really ..

    Who names their kid Jed?

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  9. ChnDragun

    http://slopeofhope.com/

    “I have about 10% of my buying power deployed in short positions.”?

    Tim Knight says:
    October 7, 2009 at 2:35 pm
    The market has to fall, it has to fall. I am so underwater on my shorts. Now down 70% since March. Someone help me.

    sigh… don’t know what to believe anymore.

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  10. Mushroomz

    evilly waiting for the market to rise, so I can short sell the fuck out it

    http://slopeofhope.com/2009/10/lying-in-wait.html

    jumping in! getting all short up in that shit

    http://slopeofhope.com/2009/10/jumping-in.html

    haha just kidding, you guys that follow me are fags, I was long SSO today and barely even short, losers

    http://slopeofhope.com/2009/10/a-close-look-at-the-russell-2000.html

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    • so i herd you liek mudkips
      so i herd you liek mudkips

      this comment is made of win.

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    • TA

      That’s some funny shit
      Why none of the morons there see that is beyond me

      How hard is it to post ‘Tim buys 1000 XXX’ or ‘Tim shorts 1000 XXX’ and prove what a great trader he is?
      Oh wait that’s because he’s constantly WRONG

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    • Po Pimp

      Come on now, don’t you know we’re in some sort of 5 count down wave c.ii shit or something? It’s hilarious watching those EW “experts” redeploying wave counts and analysis day-by-day. Hell some of them are so in the red they’re going hour-by-hour. Margin calls on the slope must be hitting all-time highs. If not they will by the end of next week.

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  11. TX Slave Trader

    Picked up Dec 10 CENX calls today on PPT/Fly’s advice………..damn thing is hauling after the close on AA’s earnings. Boo yah bitch.

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  12. TA

    For the love of anal births, please no more FTK

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  13. ChrisBrown

    I win! Got long AA calls yesterday.

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  14. Taco

    Would anyone like to sniff my taco?

    Gold is my suga daddy this week. I am squirting love.

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  15. bucket brigade

    FTK = Weak.

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  16. Tim Knight

    I cant stand losing anymore. I have joined the PPT. Fly? Can I get a discount?

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  17. MOOBER

    Once time a few years ago I was anal born again.

    In the good way.

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  18. Eric

    Does anyone know the link with all of The Fly’s book recommendations?
    If so could they please post it.. I might be blind

    Thanks (:

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  19. Po Pimp

    Free advice for slope of dope fiends… get ready to BOHICA tomorrow.

    And if tomorrow isn’t enough for you, go all in on shorts at maximum margin on at the close next Wednesday. That might be a great time to fire up the FAZmobile again. Then prepare to be completely eviscerated when GS blows the fucking doors off on their earnings report.

    If you try to dodge that freight train by going short in tech you still won’t be spared as GOOG is going to open up a big can of whoop ass that same day. Basically next Wednesday is going to kill and I mean that in a good way for longs… not so good for you shorts.

    If you are still alive by that point you can take the smoldering remains of your trading account (if any) and repeat the process the following Monday. I’m sure AAPL earnings won’t move the market at all.

    Do us all a favor and just hand over your money now.

    Fuckers.

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