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
23,441 Blog Posts

Not Strong Enough

“The Fly” just got done doing “stress tests” on the market and the results are in: this shit isn’t strong enough to chase.

I want to chase some ag names here, based on the Potash Corp./Saskatchewan (USA) [[POT]] news. However, I am resisting the temptation by eating sandwiches.

On a separate note, Briefing.com is reporting Dril-Quip, Inc. [[DRQ]] for Flotek Industries, Inc. [[FTK]] takeover rumors. As much as I would like to believe that, being long a million shares, Briefing can go fuck themselves, with their asshole rumors. Seriously, those coffin stuffers disseminate false rumors daily. NEVER buy into them.

If you have been long, take profits and enjoy the weekend. If you have been sitting out this rally, too bad fuckface. You missed it: better luck next time.

With [[TLT]] and [[VXX]] about to go green, Le Fly is heading back to his bear cave for a little nap.

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37 comments

  1. Le Fly

    Not crazy but too stubborn. Try to gi wuth the flow more and not overthink trades

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  2. Le Fly

    No money on green?

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    • mrkcbill

      My wheel chart suggests that Green occurred 4 times in the last 39 occurrences therefore I will stay with red and black…

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  3. Yogi & Boo Boo

    Dr. Fly – Thanks much for the VXX idea. Have a nice nap.

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  4. Slaying Dragons

    Indeud sir! Your commentary lately has been fantastic. Thanks!

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  5. Black Sombrero

    AP News- B Sombrero, Staff Writer
    Hoboken, NJ—-Developing. Fly is no doubt bearish. Tells readers to buy gold. “Its the new honey”, Fly further directs readers into subterrainean dwellings. Nuclear war imminent with Iran.

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  6. Rubber

    Tim Knight just turn bullish

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  7. The Frayed

    Fly: When I first started reading your comments, I thought who is this arrogant asshole? After a few months, I now look for your posts on Twits with anticipation. This rally is BS, and it has caused me to think I am going insane. I keep expecting the correction, and it keeps alluding me. I keep taking positions to catch the turn that will not come ( I too am in VXX but bought it early… when I thought the market couldnt go more than 15 days up in a row). Been stopped out over and over. Am I crazy? Need a veteran’s advice.

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    • Yogi & Boo Boo

      It’s always like this and it always changes. You get used to it after a while, and learn to adapt… or go bust.

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    • GETGroup

      The real money is not made anticipating a turn, the real money is made when reacting to the turn…

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  8. Diver Dan

    All you do is sleep and eat sandwiches. I recommend diet and exercise.

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    • The Fly

      I go to gym every morning and have hardly any body fat.

      The sandwich consumption claims are grotesque exaggeration on my part.

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      • MOOBER

        WHAT?! Oh shit, I’ve put on 28 lbs. following your sandwich calls.

        I was choking down my third Philly cheese steak sammich this week based on your calls.

        Thank goodness I was calorie balancing via egregious diet soda consumption.

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  9. The_Real_Hmmm

    I kicked over some beehive cabinets by the CNBC studios and underneath the honeycomb it read, “contains phenylalanine.” SHOCKING!!!

    Hopefully you’re on that WFMI organic honey.

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  10. The Sax

    do not fooled with this timid shit clearly meant to throw competitors off the scent. the fly has jumped in with both feet and is riding the bull market like an artist in a cowboy hat. and i think you know what that means.

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  11. TA

    The nice thing about stubbornness is that it hurts the person more than those around them.

    A lot of stubborn people missed the latest move. Trade what you see not what you think is more true than ever.

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  12. GonzoTrader

    Is it time for UNG and the Hurrican trade…. bring back the weather man.

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  13. GonzoTrader

    Trying to catch the knife on UNG..

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  14. Jimmie

    1st time I turned on CNBC (certain nuckleheads blowing coke) this morning in 3 weeks and the dudes they had on were absolutely and literally frothing at the mouth saying the market is breaking the fuck out.

    THAT pretty much summed up the reality that men in yellow burlap jumpsuits will be hitting the ask all day.

    Please go fuck off thanks in advance

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  15. mrkcbill

    $100 on Red please
    $200 on Black please
    $400 on Red please
    Dang

    Enjoy the weekend…..don’t watch to much hoops.
    Off to eat egregious amounts of Bratwurst with jalapeno cheese stuffed in the middle!!!

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  16. Frank White

    This is the dip to buy.

    1200 is your god given right.

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    • DMG

      weren’t you shorting TNA and M yesterday?

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      • V.King

        Warlord DMG don’t waste your time with this “Lazy Eye” punked out wanna be.

        Let it ride kind sir…remember 60% of the time it works everytime

        The V.King brings it….

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        • Frank White

          I voted you off the island btw. Sorry to see you made the cut. Will be another chance im sure.

          Have a gay day.

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      • Frank White

        Stil there my friend.

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    • V.King

      I’m gonna spike your face like a volley ball

      now “fix” your Gravatar or i’ll do it myself

      The V.King has spoken

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  17. Frank White

    Behold.

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    • DPeezy

      Speaking of naming yourself after movie characters…whatever happened to the one and only ‘Anton Chigurh’??
      Haven’t seen him or his brand of funny comments around for quite some time now…

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      • Yogi & Boo Boo

        I think he’s still at the Oscar’s. He’ll be back when they’re over.

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