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
23,473 Blog Posts

Random Shit

I’ve been busy all weekend, entertaining Mrs.Fly’s great many whimsical ideas, such as the purchase of grotesquely large palm trees , in order to give mi casa somewhat of a “tropical feel.” I’ve also been busy buying “artistic soaps”, at absurd dot com era prices. Let’s not forget the chicken that was seasoned with fucking nuclear fuel that nearly murdered me at dinner tonight.

Thus far, I’m having the time of my life.

I might do a cartoon and shit, if I have some spare time. So you know, Mr. Devildog has some inside information for you internet can of corn fuckers,regarding the Talented Mr. Hayward and the BP project of annihilating the U.S., as revenge for the revolutionary war.

Regarding stocks, bonds and all of that other fancy stuff: who gives a shit? I’m busy getting lifted on some Rothschild Bordeaux right now.

See you fuckers on Monday.

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42 comments

  1. J

    “Lifted” as in drinking it or selling it on the web?

    Fly

    What do you make of the Chinese action to limited float?

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  2. JakeGint

    Palm trees in SI?

    Are you shitting, damned elusive Pimpernel?

    _______

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  3. Skogie1

    Not that anyone should give a shit about economics when he’s drinking a fine Bordeaux, but I’ll throw this out anyway: to me the most likely canary in the coal mine is the widening spread between the T-Bills and corporate bonds. Anyone agree or disagree or care to add to this? Just curious….

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  4. Le Fly

    Lol@ jake.

    You are suching a fucking nerd. I mean that in a nice way. I bet only a handful will get the pimpernel comment.

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  5. Le Fly

    J

    Lifted is brooklyn slang for drinking or worse. I never go worse. Just lushing about the palm trees now.

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  6. Jay

    Pimpernel, as in the Scarlet Pimpernel? If so, does that make The Fly Sir Percy?

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    • JakeGint

      Eggsactly.

      ______

      “We seek him here, we seek him there

      Those Frenchies seek him everywhere!

      Is he in heaven? Or is he in hell?

      That demmed Elusive Pimpernel?”

      _______

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      • Jay

        What is it you Frenchies say?
        Tou-che?
        You see I’m a poet,
        and you didn’t know it.

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  7. Frog8

    Waiting patiently for the info about the U.S. getting annihilated. As long as we’re losing most of our coastline to BP, we might as well know something about it, so we won’t be “fucktarded” in addition to being effed. That is a new vocabulary word I learned on this site. Who says you can’t teach an old dog new tricks?

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  8. Bullish

    I myself am kicked back after a long night of Level vodka (it’s a must try).

    I would like to add that i called the hotel in Key West… They said no chance the oil is coming there way.

    422 miles away. If it gets into some gom current it travels at 2 miles per day. I’ll be safe in mid July – no oil getting in my snorkel!

    Also, market is going higher this week

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  9. The Bear

    Wife? I always thought The Fly was gay. Or maybe he means “wife” like in the state of MA, you never know….

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  10. dave

    I can see it now. Fake palm trees and plastic pink flamingos. That sounds like the equivalent of a Yankee redneck ; )

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  11. ryan

    Fly, are you planning to add to your TZA position?
    I’m a bear going against your longs. 🙂

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  12. HuggieBear

    I’m getting rid of my VXX and TZA positions tomorrow. Definitely hedged prematurely. Maybe i’ll get lucky and tomorrow will be a down day. That would be nice.

    I will rehedge around the 50 MA on the SPY. I will maintain some OOTM prot puts on everything, though.

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    • omfgitsjd

      You must have missed my brief commentary about the head and shoulders in the VIX a couple weeks ago.

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  13. Kreizi

    Correct me if I’m wrong: cyclones aka hurricanes, and I quote, “are characterized and driven by the release of large amounts of latent heat of condensation, which occurs when moist air is carried upwards and its water vapor condenses”. Now, I assume we all expect severe hurricanes over GoM to scatter the shit all around the country’s coast and so we position ourselves accordingly. However, the extended oil film on the ocean’s surface actually WILL PREVENT evaporation and thus the probability of forming tropical cyclones in GoM will be lower than we think. Po Pimp, what’s your take on that?

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    • Kreizi

      If the reasoning is correct, then possible implications of this might be as the following: oil spill would lead to a drier season which means that crops of local agricultural business (I didn’t research what exactly there is in that area) will be lower and so we should go long in agricultural commodity futures. Second, if there are hydro power plants in that area, their electricity output would also be reduced. Because hydro has cost advantages compared to other sources, and if its share in the region’s energy mix is significant, shortage of cheaper electricity might lead to price increase for that commodity as well, and so going long for regional utilities might make sense. Here I assume that demand for electricity will be at least the same as before the spill because the industries affected should not influence too much the demand side…

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      • omfgitsjd

        You know, the US could shut that shit off if they really wanted to.

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    • Po Pimp

      I’m no meterologist, uhh meteorlogist, oh fuck it… weather man; but I think there is one flaw to the idea that the oil slick will prevent hurricanes. The location of the slick is pretty darn close to land already. Hurricanes that come blowing through the Gulf will have already picked up enough energy before they get to the oil covered waters.

      The slick might help to weaken the storms, but they would have already formed way before they get to the oil. We would have to see what percentage of the surface are of the Gulf waters is covered by said slick I would assume.

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  14. cashnguns

    palm trees will not survive in the shitstain area that u dwell…false hope–and quite stupid..

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  15. Le Fly

    No kidding jackass. I buy lots of stuff that dies in the winter.

    Oh, by the way, you’re fucking banned

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  16. Dubz

    Chateau Lafite, indeud! Checked out the Medoc region when I was in France, worth a visit.

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  17. MarshalN

    Romanee Conti, Romanee Conti

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  18. flyaway18

    Why not Weeping Cherry trees?
    You can put the tiny white lights on them
    and they look all pretty and shit.

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  19. arch

    i like the way the futures are moving right now

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  20. noodle

    http://www.youtube.com/watch?v=kffacxfA7G4&feature=related

    this is the newest cool of music

    see drake is even in there too!

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  21. Bullish

    Futures pointing to fat profits in the morning.

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    • tradingnymph

      That’s because they think it’s 2009 and the China Statement will cause a Risk Off play in F/X market. But, imho this will trip the Shanghai Comp key support it’s at and cause a Risk On play that US Govt will be totally surprise about….we will see in a few hours.

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  22. Bullish

    Futures pointing to fat profits in the morning.

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  23. arch

    i dont think im selling since we are going higher

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  24. HuggieBear

    well fuck, a bad day to be overly hedged….cocksuckers.

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  25. TA

    Up we go, Scott’s hot hand is at it again

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  26. Le Fly

    Scott wins again

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  27. EdgaNostraCaycedamus
    EdgaNostraCaycedamus

    warning… there will be an unexpected event happening the next week… if not the week after, if not sometime this year…

    there also will be a mundane event of some sort happening tommorrow.

    -EdgaNostraCaycedamus

    p.s. markets will go up, down, and sideways!

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  28. anon

    First of all let me say I am not a tin foil hat fucker nor am I a canned food buying bear shitter

    next week we have the G20 summit in Toronto and some things have come to my attention.

    1. some police uniforms have been stolen from a dry cleaners and have not been recovered
    2. some weeks ago there was a report that an unnamed person had purchased an absurd amount of fertilizer
    3. US has issued a warning for Americans to avoid the city
    4. there is going to be snipers and shit on building tops and something like 1 bill spent on security

    hopefully its nothing but its kinda messed up .

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  29. Subcomandante Braveflaps

    1. Who the fuck would want to go to Toronto for any reason?

    Second. Les Chinois added ZERO content to their statement and the world is suddenly a better place? Where Chinese domestic demand is supposed to cover slack in the rest of the world?

    Third. Well guess what? Chinese goods will become even more expensive thanks to a stronger yuan.

    The fourth: Chinese margins on lead covered matchbox cars and gold-foil covered fetus soup are already “wafer thin”, so how does a stronger yuan translate into stronger domestic demand when there is increased unemployment in said factories?

    ERGO:

    Les chinois can have Toronto for free – the babies there are delicious.

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  30. StocksRider

    Rothschild Bordeaux! ahhh..nothing but the best…Is it the Chateau Lafit or the highly underestimated Chateau Mouton? Either way, you can’t go wrong. A votre sante!

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