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
23,452 Blog Posts

WE’RE ALL GONNA BE RICH!!

Some richer than others, of course. The government hordes will not allow the markets to slip down the slippery slope of slop. Just 1 month ago, we were all in agreement that the markets were stupendously and arrogantly manipulated. Why the change of tune? You’re not gonna let a little Euro crisis, coupled with an oil apocalypse, get in the way of you making money, are you?

As a tax paying American, albeit I do enjoy a good amount of write-offs, it’s my right to make coin in the stock market. I do not profess to know how long this melt up will last. But, I do know, we’re going higher. All of my reservations about “how gay everything is” needs to be put aside, not so much different than eating that chocolate pudding, despite being a lard-ass loser.

I digress.

While you dorkizoids hem and haw with your pointless 5 figure Zeeco accounts, “The Fly” is looking at a 3%+ up day in his portfolios.

I warned you yesterday, just prior to that calamitous drop and reversal: THE STOCK MARKET RALLY HAS ONLY YET TO BEGIN.

NOTE: I know, GS is stupid.

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31 comments

  1. xxxHuggieBearxxx
    xxxHuggieBearxxx

    if the SPY hits 1100 whilst i am currently 200% long, I will be joining the PPT.

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  2. JuiceyFruit

    Irregodless, we’re going higher?

    Conventional wisdom says the turdsay before opex friday is often market misdirection day. So while we may go up today, beware the ides of opex machinations.

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  3. Le Fly

    The ppt does not need you. You need the ppt.

    Never forget that!!

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  4. Largebill

    “All gonna be rich” Speak for yourself. My wife is into remodeling our home one room at a time which eliminates any thought of being rich 🙂

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  5. Donzo

    Fly, Slope of Slop…Good one!…Saw TK was short 170 positions last night…I think getting poleaxed would apply over there today.

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  6. wilmer

    Dorkizoids…lol

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  7. The Fly

    SHORTS GETTING RINO’D TODAY.

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    • nd4spdgt

      Bot some RINO in the low 11’s. Looks poised for awesomeness.
      You still in it?

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  8. kruser

    careful boys and girls.
    stay nimble because eow could be surprising.

    Oh and gubermints are part of the market, just the last dumb leg of denial.

    P.S. those math questions to post are very difficult sometimes too… darn macros on excel are not good at basic arithmetic.

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  9. derrr

    Your brain in code calls the bottom yet again! Fly and PPT are gods!

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  10. Indie

    Fuck being rich, i want mega-rich.

    this will include the Fabergé eggs throwing contests.

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  11. Purdy

    GS bots will not like GS not being invited to the rally.

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    • francesco

      lol I imagine that

      eventually they are shorting the rally ( think so )

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  12. Henry Fool

    Fly:
    will I be rich too or do you predict I get my head IMAXED into the DVAX?

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  13. alphadawgg

    Lol. Thanks for adding color to a drab, dull world of finance.

    Off to smoke another Cohiba and sip on a glass of Grand Marnier, while I peruse over my profits.

    Life is good.

    Good day to you rich gentlemen.

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  14. Alvari40

    What a day. I was just lamenting about my under-performers, which are up 3% today! I may have a tad too many high beta stocks.

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  15. mhass33

    Great shorting opportunities today

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  16. pistilstamen

    Hopefully we can make it to all the way Michigan without any costly complications.

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  17. J

    Here’s another thing to keep in mind. Europeans are looking like they’re cutting spending. The Germanobots announced spending cuts and the rest are doing so as well.

    Do not be surprised if we see a significant rate cut by the ECBobots asap to mitigate the tightening on the fiscal side.

    German budget cuts are the harbinger to further ECB rats cuts to zero.

    The sector that could gain from this is banking particularly the large money centre banks

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  18. Dirk Diggler

    RIP Tom Dong

    “Charley Chase, who worked with Hill in the 2010 adult film “Tea Baggin’ Party,” remembers the experience as one of the worst in her three-year career in the adult industry, mainly because of Hill’s body odor. “He is the worst-smelling man I have ever come across,” Chase told AOL News. “I had to make him shower twice before we could start.””

    http://www.aolnews.com/weird-news/article/porn-insiders-say-stephen-hill-murder-case-stinks/19508444

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  19. Bullish

    THE GILDED AGE RETURNS!
    I’m going to buy a $16,000 bacon cheeseburger for lunch today.
    One swipe of the FASit card should do it.

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  20. tradingnymph

    I wrote this LAST Thursday….”Yet, all of it will be dependent on whether the Euro/USD can get back to it’s support of its all time 50% level of 1.2134 while both the ECB and Bank of England meet this week”…………that has been my focus this entire week, a retest of that level but as resistance……today spot India/China Ore was flat….no buyers. Now, the question comes up, China got so screwed playing hard ball w/contract rates w/big 3 last year by not dealing, there was buzz that they would not pay the 30% increase in Iron Ore this next qtr cuz they can’t afford it……they said the samething last year but needed it…..I can’t tell if they will………………………I have been thinking about this issue for awhile…………low cost housing v high end apartments? ………………….well, the Euro will tell me if this rally could have legs…..and if it does, bravo Fly, bravo

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    • Sam

      Senora, don’t take it the wrong way but the “little dots” are annoying and use line breaks.

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      • tradingnymph

        Sam…lol…I started using them cuz another person on another blog said they wanted them to help them read my post….

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  21. moronic dip buying bull
    moronic dip buying bull

    Yay! We’re all gonna be rich!

    Interest rates will stay low!

    Analysts are upgrading estimates!

    Government austerity will be met with cheers!

    Estonia is joining the EU!

    Peace is breaking out all over the world!

    Green will be the official color of the socialists!

    our Kum Baya songbooks are in the mail!

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