iBankCoin

ACK, ACK, ACK

The Supreme Chinese Overlords of all Trade and Commerce (FOXCONN) hoodwinked you into believing in a world where the dollar would suffer grave declines versus the Yuan, all in the name of fucktarded American economic policy that calls for the rapid price increase of Chinese made goods here in America, much to the chagrin of an already battered U.S. credit card wielding fucktard. It’s almost as if they (our leaders) are pissed off that the credit crisis did not result in a 1930’s style depression. So, here they are two years later trying to finish us off.

Either way, as the Chinese say “Ack, ack, ack,” I say “gulp, gulp, gulp,” chugging down large quantities of caffeine, by way of Red Bull or large containers filled with coffee.

Early this morning, I bought a few blocks of HEAT and some more SHLD, in order to reduce my cash and bulk up on degenerate longs, so that I might partake in a little upside euphoria. However, fast forward two hours and we are sucking the dicks of bears again. When I say “we” I only mean “you,” in every sense of the word.

In summary, I have lots of VXX/TZA to hedge my longs, that include PKX, GS, HEAT, SD, FTK, C, IBN, SHLD, GLDD and TEVA. Unlike you, I will not be subject to the market whipsaw, as I am embedded in my market philosophy and will add to current positions, instead of reversing them, when needed.

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23 comments

  1. jg

    FIG

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  2. Pedro

    God has FTK become a volumeless mofo. No one wants to buy or sell this bitch either way.

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  3. Flipper

    Staying long, no wait going short.
    Flip Flopping my account again!

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  4. Will

    Tried to tell you rubes that took the chinese bait, they are only going to help vietnam get more jobs, exports if the follow through with there stinking bullshit. USA is fucked and until further notice.

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  5. Rand

    Its like rubbing a chinese crystal ball with your eyes closed, it feels cold and smooth. But wjen you open your eyes, its an old chinese mans cold balls ya been rubbin. Wish anyone?

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  6. Unclean Bear Weiner
    Unclean Bear Weiner

    Promise I won’t blow in your mouth.

    Ps check’s in the mail.

    Pss I really, really love you right now.

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  7. The Fly

    republicans banned strip joints in Kansas City, MO.

    fucking idiots.

    can’t get lap dances ever. And, get de-robe after midnight, like fucking gremlins.

    GOP is run by morons.

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    • Kiwin

      Strip clubs are for pikers, go to a classy gentlemen’s club.

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      • Kreizi

        I will buy a whore instead, write “Bernard the Bear” on my dick and will then enjoy the show. Gentleman’s clubs are for academics—they clearly prefer watching to active participation.

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  8. Apocalypse Now

    I think Jake pointed this one out:

    Ralcorp intends to pay $53 a share to acquire American Italian (AIPC 52.58, +10.85, +26.00%) . The deal is a 27% premium over American Italian’s Friday closing price.

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  9. buylo

    Fly, are you adding yet?

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  10. Black Gold

    FLY,

    So only being 15% short when your PPT rating is in extreme overbought conditions…are you telling us that you don’t trust your own system???

    Just trying to figure out where you stand…you seemed to think we were going lower and decisively lower based on the extreme high readings on the PPT, but you were only 15% short unless your TZA for your personal accounts increased that percentage?

    So was that because you thought it would only be a quick move to the downside, sell your shorts make a quick buck and at still maintain your long positions?

    Despite todays move i don’t think we have had a decisive move one way or the other and where is the PPT now?

    Friday, June 18, 2010 at 12:57 pm
    currently 61% long, 24% cash, 15% VXX/TZA

    Friday, June 18, 2010 at 3:18 pm
    I will be right about this next move in the market. Bank on it motherfucker.

    June 17, 2010 at 4:25 pm
    It could settle in around 2.40-2.80 in a market like that. But to see extreme readings, we need a decisive move. Having said that, the 3.20 reading from several days ago still means the next large move is lower.

    Thursday, June 17, 2010 at 12:21 pm
    In short, I still think we go lower,

    Thursday, June 17, 2010 at 10:28 am
    I dove into TZA, head first, for my personal accounts.

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    • The Fly

      Go away you fucking idiot.

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      • Black Gold

        Is that how you respond to someone asking an honest question about your PPT trading style?

        Those are all quotes from you listed above…so explain yourself and give a definitive answer intead of stradling the fence like every other hack that leaves himself a way out wether the market goes up or down.

        Don’t be like those guys…be original and take a stand and defend it…

        I think your readers would understand that you can’t be right all of the time.

        For the record I am just trying to follow you as you are better than most other stock boards, don’t take offense to those who ask valid questions. Your not a politician…

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        • The Fly

          Listen pal. I am not here to hold your fucking hand. I post my thoughts all day long. Use your brain to figure out what my thought process is. Did I say I was selling TZA and VXX? Did I say we were going to rip higher forever?

          I don’t trade emotionally. I trade the market that is in front of me. Period.

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          • Black Gold

            I must admit that I am impressed that you entertain dialog with your readers unlike our president that gives a speech and then runs away before anyone can ask him questions.

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          • Flipper

            pass the Ban deodorant please

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  11. arch

    back to work 4 me…

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