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

Happy New Year!

All jokes aside, I take this New Years business very seriously. With the help of my Voodoo Physician and astrological surgeon, “The Fly” conducts a series of New Years eve rituals that would send most of you running, crying for a glass of goats milk. I have no interest in revealing such practices to total strangers. However, just know and understand, Le Casa de Fly has a lot of lemons inside of it, a lot of fucking lemons.

At any rate, use today to get rid of bad habits and practices, for tomorrow is renewal, a new beginning. Make reasonable commitments and take them seriously you fucking assholes. You know, life is not about drinking some champagne, like a fucking homo, then throwing up on your blanket. Life is about progression, improvement of your life, which will have a ripple effect around your close friends and loved ones. If you’re not getting better, year in and year out, you’re doing something wrong.

Very sincerely, I had a blast clowning it up for the internet in 2009, even though I was not joking. This is not a game, nor will I ever treat it as such.

Get inebriated and do it in style, for tomorrow you are a new man. Nah, just kidding. You’ll be the same loser you are right now.

Ciao (I hate people who say “ciao.” Therefore, as logic dictates, right now, I hate myself).

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108 comments

  1. Woodshedder

    FIG

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  2. No One

    No “You are invited” this year?

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    • The Fly

      None of you fuckers are invited. Well, I’d have a drink with a few of you. However, I’d probably end up cracking a bottle of your heads or something. It’s better we keep this relationship online.

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    • sandfleas

      Thanks for the call on WFR, No One.
      Happy New Year.

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      • No One

        No Problem.
        Watch out, and don’t get your head blown off.
        Platinum/Palladium miners looks good too, SWC
        Whatever happened to that guy pumping PAL around here?

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  3. The Fly

    Oh, and a special shout out to the one called “Chivas.” You were right old man. I had my best year ever and it was done being long the market, instead of short. That was an amazing call.

    I hope you are doing well.

    Fly

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  4. Caffeinated

    First resolution will be to join the PPT. Thanks for all the laughs and guidance. Happy New Year.

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  5. mike

    Happy New Year!
    Wishing everyone a year of new awareness, new inspiration and peace. Fly nailed it. Your message was well said and spot on.

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  6. JakeGint

    However, just know and understand, Le Casa de Fly has a lot of lemons inside of it, a lot of fucking lemons.

    I’m thinking — “Special Annual Cleansing Ritual.”

    Best not to go into further detail.

    ___________

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  7. becauseIknow

    Fly,
    I do believe in my most humble opinion that Tiesto has a slight superiority over Armin Van Buren, but all is good. Have a rocking new year party!

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  8. Yogi and Boo Boo

    Happy New Year Fly. Happy New Year iBankCoin. See everyone on the other side. Enjoy and be safe.

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  9. The Fly

    Wampq is running hard. Wamu pfds

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    • JakeGint

      $100 par value on those?

      _______

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    • Teahouse On The Tracks
      Teahouse On The Tracks

      Has there been any court ruling in their favor re their JPM lawsuit?

      > WMI has filed a Motion to Investigate JPMorgan, and their alleged misconduct. Phrases like ‘far below market value’, ‘premeditated plan’, ‘designed to damage’, ‘purchase…on the cheap’, ‘wrongful conduct’, ‘sham negotiations’, ‘misusing confidential information’, ‘violation of confidentiality agreement’, ‘unfair advantage’, and ‘fire sale prices’ are in the motion. The motion addresses a Texas suit against JPMorgan seeking Billions of dollars in damages. <

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  10. Jimmie

    Larry Krudlow just got his ass handed to him by Arianna Puffington on the worst channel on television

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  11. The Fly

    Coffee will not be denied

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  12. ecchymosis

    Happy New Year Mr. Fly and may your Wi-Fi never be thwarted by chicken wire!

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  13. TraderCaddy

    Happy New Year to all and a hope that Chivas is back posting soon.

    Note to Cheesefries: No PGA Q-School this year because he finished his MBA this summer and got married at end of Nov. Q-school is on the slate for 2010 along with Hooters and Nationwide tournaments.
    Yes, Mid-Pines is pretty cool. I like the old hotel with the wooden floors and the big brass keys (that was about 9 years ago for me).

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  14. TA

    GMCR is a monster – over 82 now

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    • TheArtist

      CENX he sold a few weeks ago at 12.00ish, it is now 16.50, but you have to sell at some point.

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  15. Dr Fly

    I am holding the balance of my position (10%) for the duration.

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  16. The_Real_Hmmm

    Lemon drop shots? Hoegartens? Lemon ricotta cookies? Our tradition was always coffee beans and sambuca. How about the neu [sic] 2010 way where you mix a k-cup with sambuca and slam it back and then throw the cup TO THE GROUND!

    I’m going to be like a BOSS tonight! http://www.youtube.com/watch?v=NisCkxU544c

    Or throw everything ON THE GROUND!

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    • mrsbuttons

      We Italians liked to dunk biscotti or sesame seed cookies in heavy java…my grandpa came from Italy and made the best coffee – grandma used to chew the beans at A&P to test for freshness – my early life amid the lemon rinds and coffee grinds …new years? pasta con sarde of course!
      WHo else is still in GMCR besides me?

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      • The Fly

        U just described my grandparents, god rest their souls.

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        • TraderCaddy

          And so what would your Grandparents think about the K-cups?

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        • sandfleas

          Wow, those were MY grandparents.
          They were the love of my life,
          good card players (although cheaters, lol).
          I am out of GMCR
          and of course wishing I weren’t.

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          • MX2101

            All of you who are parents can leave those kinds of wonderful memories in your children and grandchildren to cherish as well.

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          • mrsbuttons

            ha! another nipote! Grandpa smoked unfiltered camels between his fourth and fifth fingers, came from calabria with his fig tree, his father, and the old man’s mistress….grandma used to cook the braisciole and stuffed arichokes all day for Sunday for dinner – after church of course…

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        • mrsbuttons

          Hey Fly…I knew we had something in common – just a feeling. Man do I miss them something fierce.

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  17. Teahouse On The Tracks
    Teahouse On The Tracks

    This ends or begins on a positive note … if not this year then next.

    “Thus far, this five wave rally displays the following charteristics: wave one 30 SPX points, wave two 22 SPX points, and wave three 36 SPX points. Wave three is already longer than wave one, which allows wave five plenty of room to reach the targeted OEW pivot range at SPX 1168.” (OEW)

    We are currently in wave four down and s/b done soon ….

    HNY iBC and friends!

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  18. Mr. Moneybags

    Where’s a flyswatter when you need one…

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  19. FastEddie

    Happy New Year to Fly and the iBC family! Tonight is a Blue Moon to ring in the New Year, enjoy it! Here’s to another great year in 2010!

    Go DUCKS! Beat the Bucks!

    http://www.youtube.com/watch?v=_hrjpe1VCNg&feature=popular

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    • TraderCaddy

      This here Gator liked the Ducks video.
      Good one.

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    • heaterman

      What did the market do the year following the last New Years Eve blue moon. IIRC, I heard that was 1989???

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  20. 308

    GMCR take from Dougherty & Co earlier today:

    We completed a comprehensive analysis of the retail distribution channel for GMCR products to document changes in how Keurig/Green Mountain and competing brands are merchandised in leading retailers including Target, Wal-Mart, Costco, Sam’s Club, Macy’s, Bed Bath & Beyond, and Kohls. In addition, we documented our initial observations of Keurig/Green Mountain products in higher end grocery stores. Observations include square footage allocations, pricing and promotions, SKU assortments, end cap displays, product facing counts, etc.

    • Our observations from recent store checks are positive, increasing our confidence in GMCR’s positioning for a strong holiday season. We are maintaining our FY2010 EPS estimate of $1.85 and our FY2011 EPS estimate of $2.35. Our $82 price target is based on 35x our FY2011 EPS estimate.

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  21. Hammy

    Another year, surely more disappointment and broken resolutions.

    Happy New Year!

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  22. 308

    Happy New year to all !

    2010 is coming!

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    • TraderCaddy

      And thanks for the heads up analyst calls the night before in 2009.

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      • 308

        hell yeah TC.. I’ll try to throw down more night befores and after hours notes in 2010, never know if people actually read any of it, and all the best to you !

        F^CK did my stock of the year (short WYNN) ever bomb huge.. like all shorts, was lookin’ so pretty Jan, Feb, Mar and April… then bam, ugly time… didn’t deserve to partake in the 2010 contest..

        Ahhh… but my absolute faves in 2009:

        Ninjavideo.com
        WWTDD.com
        Failblog.org
        Uncrate.com
        Betweenthehedges
        and of course IBC

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  23. omfgitsjd

    Some simple phrases for me to consider for 2010.

    The path to hell is paved with good intentions.
    Never get your meat from the same place you get your bread, you’ll probably lose both.
    You can be right and you can be dead right.
    If you’re going to be stupid, you better be tough.
    Pick your battles carefully, like only those you will win.
    Take the time to do it right and stay on the high road.
    Be careful who you step on the way up, you’ll see them again on the way down.

    Give attention to those you love, your chances aren’t infinite.

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  24. Braveflaps

    I am off the wagon – got all hyped up on my first cup of joe since the summer.

    Read this blog, jumped in the Braveflapsmobile, drove like hell cuz I thought I’d go snort some k-cups at the local big box.

    Out of the driveway and right away hit a pedestrian – maybe Daniel Day Lewis.

    Dunno.

    Could have been the Cat in the Hat.

    Whoever it was, he’s yelling like shit – guess I’ll check when I get out of the car.

    These k-cups just better be worth it.

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  25. BANNICALOX

    great song posting fly!! armin’s ASOT compilations are the fucking best!!! this song is simply extraordinary it makes it seem like the entire earth – hummingbirds, elephants, and humans – jump in unison to the incredible drum & bass. its perfect!!!

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  26. FIG

    I broke down and bought my own Keurig today. For those of you that now own a keurig, I found out that you can get 24 free k-cups when you order 24 from https://www.keurig.com/ for registering your brewer with them. Happy New year to all.

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  27. charlie

    Happy New Year Fly, iBC. To celebrate the rest of you pikers, I’ll pour out some Andre to show just how much I give a damn.

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    • chanci

      LOL, second best.

      I didn’t have Andre, but it was certainly close. Next year it will be Moet, and the year after, definitely Dom. Writing it down. 🙂

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  28. mrsbuttons

    GMCR up 220% brylcream terranova at Fast Moolah said don’t sell…said to buy some sugar to wash it down with.Happy New Year Mr Fly and the fine bloggers and minions…I am chilling the cava in mi casa tonight and toast you into the New Year…cheers!

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  29. JakeGint

    I’m starting out with a nice Martel VSOP cognac.

    Smack! Smack!

    ________

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  30. mrsbuttons

    I got very sick on Martel once – had a wee bit but at my weight couldn’t hold it and ended up puting my hand thru a window – never touched it again….cava tonight – must run…wash the cognac down with these..happy new year
    http://www.youtube.com/watch?v=AbndgwfG22k&feature=related

    http://www.youtube.com/watch?v=_N3_odXXOO0&feature=channel

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    • JakeGint

      Hey, are you Moober’s old lady?

      I can’t believe there are two Eye-tals in the whole Nash-Vegas area.

      ______________

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      • MOOBER

        Nope. Mrs. Buttons lives in Nashville?

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        • dpeezy

          And the first comment of 2010 (EST) goes to BOOM/MOOBER!!

          I drink in your honor, Sir.

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          • MOOBER

            Thank you sir. I celebrated last night – a preemptive New Year’s Party.

            Have fun!

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        • mrsbuttons

          I live in the boro…you?

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          • MOOBER

            Williamson Cnty

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          • JakeGint

            Murfreesboro?

            Do you know the Yaz-man?

            ___________

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          • mrsbuttons

            Yaz? No but he sounds postively Byzantine..

            what’s 1 + 6?? oh yeah. 7..it’s late…

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          • Jakegint

            Well, Byzantium might be a tetch north, but you are more or less keurrect (sic) with regard to ancestry, though he’s more ‘Murican than Reba McEntyre.

            He is a big broker in the ‘Boro both asset management wise and literally. Hell of a nice guy, and I’d posit “hard to miss” in that little box of crackers town.

            __

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      • mrsbuttons

        Ha! I am nobody’s old lady..not even my husbands…
        Happy New Year!
        My juniors:
        YNG.CA
        MNM.CA
        AAB.CA

        ANy new ones you like?

        2009 was a great year for gold…

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  31. Henry Fool

    Happy New Year Friends.

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  32. Homo Bob

    I love you guys (in a non homo way) happy new year!
    Cheers.

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  33. Dr Fly

    I’m drunk. Happy happy!

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  34. chanci

    OMG, I can’t believe everyone is here, on New Years, drunk as skunks. It’s awesome! I had cheap wine, and even cheaper champagne, but still. It’s my first New Years without snow.

    AND my little girl flies in tomorrow from Holland, and we are going on a short five day cruise with my best girlfriend and her kids. So, please wish her a safe flight. She has a plane change in Detroit. She is only 15.

    So I have major nerves.

    Rock on IBC. The posters here are the most interesting, smartest, funniest, most awesome in all the world.

    And the best phrase of the evening goes to Omfgts, whatever the rest of his name is –

    “If you are going to be stupid, you better be tough!” so true. HaHa I should know.

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  35. RaginCajun

    A little Crown Royal Reserve for me, good times, great year iBC!

    Happy New Year all!

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  36. omfgitsjd

    This is a significant year of change for me. Promotions in front of me, mentors gone and past behind me.
    Demand for my talents going up, supply is retiring all around me.

    Time for change.

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    • DaveThomas

      Are you the fastest in the area at making Jr Bacon Cheeseburgers?

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    • BernieCornfeld

      Fascinating! I am facing a very similar situation, the only difference is that I am not so certain I even want the promotion! I am in demand enough already godamit.

      In my case I am also concerned that the loss of talent we are going to experience is going to be a major hindrance going forward and I am no longer sure I want to stick around to see how it unfolds.

      Therefore my goals for this year are to improve my trading skills to the point where I can offset the loss of my salary and move on to things that are more enjoyable and more profitable.

      Good Luck with your changes this year. 😉

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      • Po Pimp

        In my case I am also concerned that the loss of talent we are going to experience is going to be a major hindrance going forward and I am no longer sure I want to stick around to see how it unfolds.

        Good God, you just described my company / situation to a tee. I work in O&G and it’s the same for every damn company in the industry. The “Great Crew Change” (retirement for all the old fuckers) has already started and there ain’t a whole lot of folks in my age group around.

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    • Caffeinated

      Ha, so you must be one of the six surviving Assembler programmers left. Congrats.

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    • TA

      I peaked out in my career 9 years ago after a fast rise and it’s been a flatline ever since. There’s no move up unless I want to be a manager which is a totally different job.

      I can’t wait to go back to contracting and get the hell out in the next few months.

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  37. 2010+

    Good luck in ‘O 10 people!
    http://www.youtube.com/watch?v=O9oh6qAuMYo&feature=related

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  38. mrkcbill

    Auburn
    LSU- Daily Double
    WVA
    The Ohio St.
    Cincy

    Anybody following the Mike Leach story? Really comical stuff in the sports world these days- twilite zone. Just follow the money— Tiger, Leach, Mangino, Urban Meyer…….seriously our society is twisted to value these jagoffs. Its is completely unbelievable that Tiger let his dick bring down an billion dollar franchise….just incredible.

    I swear to God I only get into the gayest stock recs from IBC …. SQM $39 is coiled and queer Holding
    Do I buy GMCR?………..Noooooooooooooo because I doubt “The Fly’s Market Hand”…..but I do go out buy the dumb machine.

    The market has a real strange vibe ending 2009.
    There is an equal euphoria to the upside as there was fear to the downside in Feb/March 09.
    Extend and Pretend 2010.
    I’m gonna get on the Krull’s Dow 20,000 train….why not?
    GLW to $25 MSFT to $35 BBBY to $44.

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    • TraderCaddy

      Woody Hayes and Bear Bryant wouldn’t last more than one season today.
      Leach is firing back about the kids Dad (ESPN guy) and said he would be calling him up asking him why his son wasn’t playing, etc. Sounds like a Helicopter parent although I know both sides have their stories.’I do know the Helicopter parents are there in Div. 1 Golf programs. When my son didn’t play the first two tournaments in his college career as a Freshman I didn’t even give it a thought about hassling the coach although I did feel bad for my kid and I know he felt worse being left behind in the dorms with the others on those 4 day weekends, Note: He played every tournament after that for 4 years.

      Nice Bobby Bowden send off at the beginning of the game.
      Happy New Year and Go Ducks (don’t really care but it sounds good).

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  39. in with the new

    song
    http://www.youtube.com/watch?v=uc4bIZTPkeM

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  40. Mr. President

    Happy new year, gents.

    A new year is all about becoming better as a person, in business and at home. How much more a new decade?

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  41. dave

    http://www.ft.com/cms/s/0/724c92ec-f6d6-11de-9fb5-00144feab49a.html?ftcamp=rss&nclick_check=1

    ‘Vietnam has ordered all gold trading floors to close by the end of March, putting an end to a business which turns over $1bn a day but which the government feared was spinning out of control.

    “Both the owners of the gold-trading floors and traders are doing their transactions on a fragile foundation that lacks legal, economic and technical frameworks and knowledge,” the government said in a statement.

    The order also bans using overseas accounts, but does not affect jewellery or retail gold sales.’

    I’m not quite sure what to make of this.

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  42. arch

    happy news years to all of you….yeah even you

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  43. Bond

    Happy New Year Fly.

    I enjoyed your blog and calls greatly.

    It figures you are part Italian.They are the best users of profanity in the world.

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  44. TraderCaddy

    Screw the jello. Give me the grapes.

    http://www.youtube.com/watch?v=yZpoyuVP98A

    Reminds me of Fly as he enters a coffee shop looking for the K-cups.

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  45. omfgitsjd

    Why does this woman turn me on?
    http://www.youtube.com/watch?v=9_HXYrkuCKs&feature=related

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  46. omfgitsjd

    My 2010 Space oddysey dream from last night.

    This photograph on Mars tells a story. The Mars cydonia complex contains three pyramids that are irregularly shaped and with a human skull sphinx to it’s right, followed by the face on Mars even further to the right. The image overall is one of a lion with it’s cub. The crown of the lion consist of sister starts (the sun and it’s sister that will return). The lion is staring at the arrangements of planets (one of which is the earth, most likely the skull).

    http://www.astro.uio.no/ita/nyheter/marsexpress_0104/images/305-230906-3253-6-co1-Cydonia_H.jpg

    The message of the sphynx in egypt is to take a hard look at the cydonia complex on Mars. It contains a historical record as well as the future. The sun’s sister and it’s followers will return.

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