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
23,445 Blog Posts

Year End Robot Walk

There will be no surprises. You will not get a break down in the indices before the New Year. Managers will defend their positions with great vigor, using the retirement money of firemen and garbagemen to fund said activities.

Do not allow your political views blind you from the fact that robots control our markets. These robots, whether mechanical or human, are interested in fucking up the bears something awful. While you idiots try to eat healthy, via slobbering down chocolate covered vegetables, there are people out there (as we speak!) swallowing cow meat by the fucking pound. What that means, with regards to investing?

Absolutely nothing.

However, I will tell you, “The Fly” is not interested in working for the remainder of 2009. I just got back from the fucking movies. I saw that flick “Avatar.” What a blast.

Back to business.

I see weakness is permeating the tape, with stocks slowly sliding throughout the day. But, do not be tricked into selling short or selling out of winning positions, before year end. Why book the taxable gain?

Unless you are able to offset the tax gain, you are better off selling in the new year.

As for me:

I am busy with year end shit. At these levels, I like SandRidge Energy Inc. [[SD]] , [[CBD]] and [[YONG]] for a bounce.

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15 comments

  1. Benny Bernake

    cheap scape Fly does the matinee

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  2. Big Mike

    Senor Tropicana,

    Did you like it? Would you recommend to watch it? I want to watch it on 3D iMAX but that shit is like $25 and sold out for a week. Then again, I live in Orlando and the god damn tourists are in swarm mode…

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  3. charlie

    Rotten Tomatoes gave Avatar an 83%. Anything above 60% is supposed to be worthwhile. Personally, I’d say 50% of the time, RT is right every time.

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  4. TA

    Gold getting homo hammered
    Followed you into LEN with short puts

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  5. ZenProfit

    $2B Hedge Fund man David Tepper:

    http://online.wsj.com/article/SB126135805328299533.html

    “The husky, bespectacled trader laughs easily, but employees say he can quickly turn on them when he’s angry. Mr. Tepper keeps a brass replica of a pair of testicles in a prominent spot on his desk, a present from former employees. He rubs the gift for luck during the trading day to get a laugh out of colleagues.”

    What’s on The Fly’s desk?

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  6. jcvtwo

    Avatar was worth watching, predictable at times but worth the trip.

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    • Indie

      unless you are 7 years old, completely predictable.

      lacking any kind of of poetic lyricism. cliché after eco-enviro-hippy-gaia clichés. then followed by militaro-bazooka-blast clichés. it took what? 15 years to make and not a fucking memorable line or dialogue. a huge pile of CGI crap. but what a blast!
      somehow, i agree, worth watching just for the dollar bills wasted on CGI imagery. i guess… felt like a big porno jerk off. great while watching (can’t stop!) yet … kinda cry of the hole left on the inside afterward. turn your brain off at the turnstile and enjoy the ride.

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  7. JakeGint

    FYI, TBT is BTFO.

    Hmmm, I wonder what that means, robotically-speaking?

    (Watch out for ten foot blue aliens, munching metal)

    _______

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    • DMG

      It means the refi-robots will be taking a break with mortgage rates up above 5%…

      Instrument See More Instruments Direction 32nds Price
      Ginnie Mae 4.5% – 30 year Down 21 at 100.812
      Fannie Mae 4.5% – 30 year Down 21 at 100.562
      Fannie Mae 4.0% – 15 year Down 14 at 101.421
      Fannie Mae 4.0% – 7 year Down 7 at 101.468
      Ten Year Treasury Note Down 38 at 97.437
      30-year Treasury Bond Down 58 at 96.843

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  8. Indie

    “While you idiots try to eat healthy, via slobbering down chocolate covered vegetables, there are people out there (as we speak!) swallowing cow meat by the fucking pound. What that means, with regards to investing?

    Absolutely nothing.”

    if only the james “fucking huge” cameron had hired your genius…

    man, if this shit you make could be copyrighted… you’ll be kabamblah rich motherfucker.

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