The market shall NEVER breach today’s lows, for the remainder of 2009. From here, we shall shoot up and stomp mud holes in the bears, while eating caviar and slapping our underlings with live lobsters. We shall all be rich and walk around with canes and top hats, offering polite greetings, like: “Good day to you Sir,” while mumbling “fuckface motherfucker” very subtly to our neighbors passing by. Not to mention, we shall throw apples, in secret, at firetrucks who park in front of grocery stores.
The shopping mall will become a place where we go to unwind, via purchasing wasteful bullshit at Fendi and Gucci, mainly out of sheer love for overpriced fashion.
Ladies and Gents, prepare for BROKEN ROBOTS.
[youtube:http://www.youtube.com/watch?v=kM3iD46F7TE 616 500] If you enjoy the content at iBankCoin, please follow us on Twitter
Whoomp there it is!
i hope you’re right; tomorrow i’ll set some stops and be going off the grid for a week. Merry Christmas.
Indeud.
USD chart looks ridiculously parabolic. Ready to enjoy the snap-back.
Ballsy…
Fly – The comments recently are really lowering the standard of your blog. Can you please disable them for a few weeks to put these pikers in their place? If I wanted to hear these peoples opinions I’d call one of those stupid 1800-number flim-flam gold smelters.
good suggestion.
End this, pineapple coffin stuffer.
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You wanted war. You shall have it AND MORE.
FWIW, that comment was directed to the pseudonomyous coward, not you. You just managed to slip in whilst I was typing.
But that said, “bring it on,” rap fan.
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Rap fan…….Ouch !!!
lol…”EPIC BURN” as the kids today would say…
“AND MORE” meaning….tickle fight!!
Homoriffic!
Maybe you and Private Gooseberry want to get a room?
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That was good. Homo Hammy? Nah, no fucking way.
go brush your teeth
i promise, this isn’t the way things really are. at least, not on the Marine side:
http://www.youtube.com/watch?v=xHklGtW3rwU
I’m not the one doing the ‘I love you man’ posts
^^^
(Methinks the lady doth protest too much)
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why do you read them all?
Because Le Fly has some good material in them but I’ve found it’s not worth having to read through “the rest”. You other people need to realize you don’t have the talent and stop trying. Isn’t that what the Peanut Gallery is for?
can’t…control…eyes…scroll wheel….must…read…comments…
DAMN YOU!!!
douche.
you need to stop generalizing.
if you think someone here is full of shit or wasting their time, be forthright and tell them directly, as I am about to.
your suggestion of disabling comments for iBC is laughable.
ha ha ha, indeed.
if a blog has no comments, is it a blog?
You forgot this one:
L’il Wayne will be officially and ceremoniously entered into the 2010 New York Social Register and chair the International Debutante Ball at the Waldorf.
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RIMM killed it…up 12% AH
Maybe that will make up for PALM and FDX, who knows?
All I know is that if Santa is not delivering packages… hoo boy.
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yeh, and you fuckers were bashing them earlier today……
ha.
just goes to show, sometimes out of left field….
LOL!
Good day to you Sir. ( and I’m not mumbling under my breath)
a little birdie at nrf told me folks were delaying purchases in hopes of getting better deals closer to christmas. meanwhile, vendors stocked for a lower then expected christmas and thus will likely run out of selection. result? flat to higher prices and better than expected margins on the reports in jan/feb. look for reports of frenzied buying and out of stock items this coming week, especially since we have almost an entire week once school gets out before christmas arrives.
For the four years preceding the crash of 2008, I traded very little and had very little holdings in the market. I was waiting for the overinflated market to go through some kind of unanticipated gyration, as it always does when it reaches highs and sustains them for awhile. This has been a good year for me. The buy and hold strategy seemed to work, which all started with the crash of 2008. Some good names came from this site 4th qtr last year.
ASH +342%
ABFS +32%
BEN +102%
FMCM +134%
JCG +354%
M +145%
TBL +68%
And lets not forget my idea of JPM +130%
Then there is my heavy handed play in utilities and real estate. Did very well there.
The moral of the story for me is what I already knew. When you are surrounded by panic and desperation and the market has undergone a 60% drop in value in a relatively short amount of time. It never hurts to raise the American Flag and help the market by picking up some bargains and help avoid a total crash.
It’s just the patriotic thing to do.
Could I get you to go ahead and nibble at the alter of my scrotum?
Agreud. I’m looking forward to doing the patriotic thing again very soon.
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Jake, since your reply appears to be to tm, nibbling at the altar (not alter) of tm’s scrotum is the patriotic thing to do? If so, color me a solid turncoat.
fid
Good job. I am glad you listened to me and made yourself some coin.
OK. The reference to the nibbling at the scrotal region was beyond inappropriate. It’s almost dinner time.
Jesus Christ, I am all teary eyed. I love you man. Now, back to finishing my bottle of Pinot and crackers with 1 inch thick blue brie dripping from them..
Congratulations!
nothing to do with patriotic though.
If you had lost money, you wouldn’t think it was so “patriotic”
Hope you’re correct!
I just bought 2x s&p with 80% of my port.
Holy crap.
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Jake,
All of my trend following systems say the trend is up for now.
Certainly it possible to get whipsawed.
However, as I’m sure you know many purist trend followers will have their entire port in at 2x whatever trend they are following and stay that way until the trend has changed hoping to catch the middle 70% of the move.
Most of my systems had me in for most of the move since March and many of my more ambitious friend were in 2x s&p. Also, if I would have be doing this last year and the beginning of this one, I also would have captured 70% of the large move down.
In retrospect, my main problem has been not staying with the trend as a result of panicking and getting out during draw downs.
In this case, I hope to get in just long enough to catch a bounce.
And If the s&p doesn’t show signs of bouncing, I’m out.
Really not as risky as it may appear.
You’re kidding right?
he is not.
I’m sure we go up tomorrow but there’s no way I’d bet 80% of my port on any single one thing period.
Yeah, sounds like vulnerability to evil machinations.
The computer programs can smell that sort of thing.
Fortune favors the bold.
My advertising friends would appreciate your reply, Mr. P.
Good luck. I can appreciate a big bet, even if it is a high risk.
btw- once I had 9 winning OEX trades in a row. Long positions in calls or puts. Tripled the account size.
I am not composing this from my waterfront home, so you know how the following trades (too big for the account size) turned out…
as does Ms. Fortune
what do they call a repeatedly bold squirrel?
road kill
DEEEEAAAAAD MAAAN WALKING!
WE GOT A DEAD MAN WALKING, OVAH HEAH’!
Why is 80% 2x s&p some kind of bold move. It sounds like a low risk holding overnight to me. Lol!
I’ve heard enough of this prattle! Tomorrow morning I shall show you the meaning of haste!
I shall provide prolific posts tonight for the Friday fun!
Broken Robots? Did you see the tick today? Its not the tom, dick and harry selling…it was the institutions selling. Not to mention this was the option expiration week and we had some smart people selling! that is ballsy by any standards, and should be taken heed of. I am not declaring armageddon and saying this is the resumption of the bear market, which it could or could not be. All I am saying is that I doubt if today was the lowest day before New years. And my reasons are above mentioned.
what do you really know? Seriously, get a grip.
ur a fukn idiot, i hope you took ur profits on GMCR, because the only last day was GMCR’s. And by last I mean up.
shut up you burlap dress wearing dipshit.
First day with his Hooked on Phonics diploma in hand, and look, he’s using it for evil purpose!
A damned shame.
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MELA Speculative, but if approved by FDA could be a big winner. Think about fact that skin cancer (specifically melanoma) rates are on rise. Also older population with lots of benign skin lesions. If this helps tell benign lesion from malignant and finds malignant lesions earlier it could really help. Check out video. Of course,i f not approved it could go to zero. I bought some recently . http://abcnews.go.com/video/playerIndex?id=8688866
I would love to know what a benign skin lesion is.
Is that like a skin lesion that offers winning stock tips, or foreign language lessons or something?
Fantasy football pix?
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http://www.aafp.org/afp/2003/0215/p729.html
Hope this answers the question. This was just first on google list- there is a lot more if you want me to provide.
NUAN Bought some. I was trained in Dragon ( Nuance voice recognition software) recently at a local hospital that went to complete Electronic Medical Record. As I do not type great this has been a lifesaver. It is over 95% accurate and will handle 160 words per minute. I think voice recognition will be big winner now that it works better.Lots of possibilities here and Nuance is leader in field. They even have I-Phone Dragon app out- try it- kinda cool. Raymond James has them on top 10 list for 2010 with price target of 18.”
PPT Hybrid score must be close to the magical (as in SAM) 2.20 level? The % of S&P stocks above their 10-day MA was at 75% after yesterday’s action. Hasn’t been updated as of yet after today’s action but not difficult to imagine it’s much lower after today’s close. However, it is difficult to imagine it is below 20% which is the level that has also pretty accurately marked short-term bottoms.
http://www.indexindicators.com/charts/sp500-vs-sp500-stocks-above-10d-sma-params-x-x-x/
fid
Little Wayne is detracting from your class, my good sir.
No doubt. Lil Wayne is awful, in so many ways.
Anybody who says “outphysical” on TV should be fired. On the spot. (“The Jags tried to outphysical the Colts.” Gah!)
fuck fiddle fuckwads
add GMXR to your fucking watchlist fucking rocket
already on it, FUCKFACE.
That would be “Salvador Fuckfaci” to you, good sir!
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Hmmmm how now DOW … new lows…hmmmmmmmm
SPX new low…hmmmmmm
The_ FLY rules
So now we trade based upon 30 min trends? Who are you and why are you so stupid?
…………….The market shall NEVER breach today’s lows, for the remainder of 2009…sorry dont mind me…just observing..I will move on
if i said “the moon is made from cheese,” would you believe me?
It depends on what kind of cheese :p
Oh..a more serious question about your hypothesis..if the government wants to run the market up to get tax receipt why did they walk away from Billions of tax monies from C ? I dont think they care about tax receipts, just their own congressional egos.
IM sure I think too much and The Fly will be right in the end..just my thoughts.
By the way I do like your music videos 🙂