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
23,443 Blog Posts

Today’s Market Summary

in video.

[youtube:http://www.youtube.com/watch?v=-iwmLrA2vs0&feature=related 616 500]

“Doughnuts don’t wear alligator shoes.”

-A Great Man

NOTE: I am now up more than 8% for the year.

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37 comments

  1. Le Fly

    Indie

    You are a sick man

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  2. Le Fly

    You guys read too much zh

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  3. Le Fly

    You guys read too much zh

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  4. Le Fly

    So good i said it twice.

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  5. No One

    ftk

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    • The Fly

      what about it? You seem to be half way retarded or craving for a full ban.

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    • No One

      I am mocking the people who rush in to post fig as the first post.
      Surprised you miss the point. You seem half retarded yourself.

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  6. DPeezy

    Black Dynamite is fucking awesome. Of course you know this already; I expect nothing less.

    Also, fuck the Greeks and their bombs.

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    • Indie

      Greece is fucking itself with a 14 inch dildo provided by GS. GS also provided the lube.

      ass and knees are seriously irritated. inflammations all over anus area. serious cuts to Greece rectum causing infection. what to do?

      Greece asking for creams and antibiotic treatments to heal the injuries in order to be able to go back to what it like best; ass fucking itself.

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      • DPeezy

        SPARTAAAAAaaahhh?

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      • surplusdroids

        Greece should consult their healthcare provider if it is safe to engage in sexual activity.

        If an erection lasts more than 4 hours do not engage in Credit Default Swaps with Goldman Sachs.

        If engaging in Credit Default Swaps, heart problems such as chest pain, heart failure, and irregular heartbeats my occur.

        In order to support a currency, economy, and culture that is accustomed to not paying it’s taxes..

        Accounting fuckery could result.

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      • omfgitsjd

        Wow. That dynamite is one badass motherfucker. Kinda makes me think twice about wearing alligator shoes and dressing like a donut.

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  7. Purdy

    We’re half way back from lows to highs …I took a bunch off and shorted the S&P in the closing minutes.

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    • howie2092

      I saw that. /ES 1094 was the halfway back – the entry for a swing short down to /ES 1015.
      Not surprisingly, the PPT hybrid is way oversold and calling for a top – at the same moment.

      Yikes – that’s a long way down.

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    • TA

      Too little volume, I also pulled some off
      I did not like that morning gap up

      I will add back in next few days on the retracement
      That said the lateral break from the downtrend line was bullish overall

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  8. mrkcbill

    Vid …A+

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  9. Aristotle

    the Fly stands up to the “Man”!!

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  10. Mark Spiegel

    Today was a no-volume oversold bounce which, I believe, finishes this mini-rally. I took my SDS up to an 89% position (from 70%) at a tick over S&P 1095, which happens to be two points under the 50-day EMA, but will stop it all out above 1099. I’ll then put the position back on on any re-break below that 50-day. YTD, I’m now down 0.8%.

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    • Po Pimp

      YTD, I’m now down 0.8%

      At least you’re honest. I got down as much as -3.5% on Feb 8 but have rebounded nicely. Currently up 8.6% since the first of the year.

      Hoooray for me.

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      • TA

        I think 2010 is the year both bears and bulls make little headway.
        Only day and swing traders do well.

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  11. TheArtist

    J, USU looking good dude.

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  12. The_Real_Hmmm

    Here’s a good one for seasonality: FLWS

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  13. GW

    that video made me reminisce childhood…..hey best up day since november with the lowest volume in over 6 months….congrats on the 8%

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  14. Helicopter Ben Rules!
    Helicopter Ben Rules!

    With Goldman robots and fed printing press on our side nothing can stop this rally from going straight to the moon! Retarded bears are so dead LOL!

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    • omfgitsjd

      You know, I give Ben and the boys at the Fed board a lot of shit during some of my rants. Maybe it’s time to just cut em some slack and enjoy the bear hunt.

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  15. Indie

    Great day : everything green. only red things were unloaded earlier. coming slowly back to targeted entry point.

    all good.

    another great news. i’ve been reading ZH lately.. all kinds of good stuff over there in conspiracy la land. anyway.. i like china dumping US treasuries. http://ow.ly/180IU

    http://www.zerohedge.com/article/move-over-china-beijing-sells-whopping-342-billion-treasuries-december-japan-becomes-largest

    it’s good for gold. it’s good for USA xports. it’s good for commodities ie: CAD. and it’s good for my expenses.. i need to buy another aapl product and i want it lower. ie: online products are pegged to USD in case you didn’t know.

    ipad will be another massive win for aapl. and i need to upgrande my macpro. i want that 8 core machine bayby.

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  16. Le Fly

    We’re not scared

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  17. Speculation

    Looks like we filled the gap on the SPY…
    http://bit.ly/dvsuV8

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  18. ZMoose

    Black Man = Oil

    ‘Nuff said.

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  19. pissininthewind

    The Fly’s very best advice of the year (posted today)!

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  20. Alvari40

    USU has elevated 22% since the Prez SOU. Who says Oshamalamadindong is bad for the stock market? BTW, 4th Q earnings for USU appears to be coming out at the end of month. Here is a look at previous 4Q results for USU, which has highly variable results: Q4 ’08 met; Q4 ’07 met; Q4 ’06 beat +.02; Q4 ’05 NA; Q4 ’04 NA; Q4 ’03 missed .01. Q3 conference call they acknowledged the shitty quarter passed but mentioned 3-4 times through cc that they fully expected to nail Q4. There was nothing in the Q3 earnings call or in the news the past few months to boost expectations that the Q4 result will, in and of itself be wonderful, however, the short squeeze over the next month should allow for nice price appreciation – nice enough to take 1/2 position off before earnings. BTW, Ux spot prices have been falling for some time. The short interest has actually increased to 12% and they will be the fuel to get USU to the $6.50 level; however, this is nothing more than a pure momentum play – don’t overstay your welcome.

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  21. Speculation

    Chill out guys. Here is a video of boobs at Mardi Gras. This should cool the tempers.

    http://bit.ly/cMp3KU

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  22. Teahouse On The Tracks
    Teahouse On The Tracks

    SIRIously ….. wassup with them?

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  23. Yes Man

    Steel is rockin’

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