I want to squeeze some of you short sellers for pagan X-mas. Please, I insist that you believe all of the nonsense disseminated by men who have NO FUCKING IDEA what they are doing in the market, by way of short selling equities, right here. The internet is a fascinating place, if you are into low-end think tanks that only focus on negativity. Tell me, how many of these so called financial bloggers have been bullish throughout 2009?
Answer: Only iBankCoin.
I will have you know, there are strict standards upheld here on iBankCoin. Gone are the days when strange men, dressed as male hookers, grabbed an opportunity to blog here. During 2010, I will have this blog audited for performance standards. Granted, none of this information will be disseminated to you, the internet moron. Instead, it will be for my eyes only, in order to properly monitor the advice given on the site. Mediocrity will not be tolerated.
It’s simply not good enough to tell people what you are doing. If you want to write for this site, bring your fucking A game or go home.
I like oil/gas stocks here, specifically my top squeeze play ATPG , which has been #1 rated on The PPT all week long.
Also, at these levels, I like PKX , SHLD , SD, GMCR, FLS and GROW. If gold rebounds, GROW will rip the tits off of those who sold it short.
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Bankin Coin again today. But when does SQM finally make its move?
SQM is coiled.
I don’t have a fucking clue what that means. But thank you for taking the time to answer my good sir.
Merry Christmas
It means you have a small brain, like a dog.
rofl!
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LMAO…
Oh, Merry Christmas to you too.
coiled, like a spring (a wound metal spring)
coiled like a snake – ready to strike
get a clue or a dictionary man
I nibbled on a little MGM today. If anything goes right for them in the next few months, it’ll be an explosive mover. If anything goes wrong, that explosion will rip my hand off.
Should be fun to watch, either way.
SQM will be a huge winner when it breaks that magic fib line (61.8%) at around 40.50 or so. It’s been flirting w. it for weeks and weeks now (ever since I bot my starter position, to be frank).
When the dollar resumes it’s path to pennies on the Euro, it will drive out of that position like a Cheetah after a fox.
No Tiger Woods puns were harmed in the making of this public service announcement.
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I am amazed by your persistence with the charts.
Why would you be? They’ve served me well thus far.
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Just a coincidence. Your picks are based upon macro trends. It’s time for you to accept that reality and piss on the charts.
Of course they are based on macro trends. Do you think the charts are some random set of data dropped from the sky?
They are an agglomeration of all the information out there. A road map, if you will.
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agglomeration (n): a jumbled collection or mass
I didn’t say it was an easy map to read ! 😉
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Hi Jake:
When the dollar resumes it’s path to pennies on the Euro, it will drive out of that position like a Cheetah after a fox.
You mean buy more or sell out?
I mean buy more… just not yet.
I don’t think it will be too harmed in this coming pullback. I don’t plan on selling any if that was your question.
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Til then, however, I insist you get in the smelter.
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I think gold is done going lower.
Not too much more… maybe another $30-$40 to get the noobs a quaking.
People will shit when it breaks $1100.
“oh no!” The Who’s will emote.
The large and the small.
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1050 is where I’d get into gold. Support of various kinds, plus it’ll be ludicrously oversold.
gold looks like shit perhaps because of this
http://www.businessinsider.com/this-deflation-is-why-the-dollar-can-rally-2009-12?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+clusterstock+%28ClusterStock%29
when people were expecting the opposite. Banks better start lending soon.
Not sure how much the banks have to lend if the gov’t is helicoptering so much money directly to the populace, but we are seeing a thaw in lending at my level already.
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okay… good to know. I wrote that other bit below before I saw this. Thanks
No disrespect intended, but it seems to me that there is a big difference between the PPT, which is The Fly’s brain translated into human terms and this PDS.
What is the PDS pedigree? What are its street creds?
FD: PPT Day #1 Distinguished Gentleman.
Have you AT ALL been following Woodshedder’s posts for the last…oh…6+ months?!
That’s the pedigree right there, and a pretty good one, too…
That piece of shit Euro looks like it’s about to tank. Hoping it’s not banking problem related especially after the IMF said Euro Trash banks needs to set aside another lazy E 270 billion. I’m short the sack of shit and will buy it back at 1.3800 I hope.
Long dollar yen hoping for 92.50 or higher as the BOJ governor again reiterated they are going to fight their er slight deflation problem.
Hate to say it people but this deflation bogey may be coming back in fashion. US bank lending is really problematic.
That could be the toilet underneath stockettes.
Just thinking out loud no cause to panic. 🙂
US bank lending should be improving right now and it doesn’t seem to be, which really is ungood. I know the Fed has taken over some of the lending however they have basically stopped while banks dicks have continued to droop.
I don’t know what the douches in Congress expect. If they are going to put a comp-tax on TARP, then the bankers (not in this for the altruism) are going to forgo all other risky opportunities in order to get that millstone from around their neck.
Stupid, venal backward -ass bunch of ninnies.
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Jake again thinking out loud..
Since 2008 we’ve had the follwoing corrections in gold from the top to a quickish bottom … sorry not in order.
%
15
21
18
12 the last one….
Average is obviously around 16%.
1220 high it sorta suggests you shouldn’t buy gold until it hits 1025 ish again…. or perhaps 1050…
What do you think as the correction in this stuff can be pretty horrendous.
Yeah, I was thinking 1060-1070, but 1030 is a remote possibility too.
I could see sovereign fund announcements at that level… that could cause a rebound move that would rip your head off.
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yea never thought of the sovs.
Where do you reckon they would start showing their hand? It ought to be pretty close to here then, just by judging how those fucks operate.
Not to harp on the charts here but 1034 or so was the BO area so that would be optimal but i imagine it will over/under shoot that to throw off the crowd.
Silver and PM miners should outperform heavily when this boom starts in the next month or so correct?
So GDX and GDXJ look like simple choices, levered up with some June calls. Add in some SLW and CDE as well perhaps…
Sounds like a plan. Just hold off a bit….
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Breaking News: India, China walk out of Copenhagen
excellent news.
As someone said, these two countries are the few places left prepared to demonstrate sovereignty, something the west has forgotten about.
They just walked out to refill their packs of Red Man.
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sold AMZN bought GROW!!!!!!!!!
Thanks ahead of time Fly!
shorts are getting killed today! I bought this stock BGZ – I don’t know what the company makes but it’s doing well today.
(chortle)
They make triple negative SPY’s or something?? Crazy how people can make money off almost anything these daze….
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yeh, like selling “carbon credits” for 100 billion? hey man I got nothing to sell you, take a look…really it’s absolutely nothing but I’ll take 10 million per lot? how ’bout it….cash money of course.
what a fucking scam….
GMXR still…