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
23,445 Blog Posts

Happy 4th!

I am not one to get all sappy about the 4th of July. Everyone goes through hard times and there have been many generations of Americans who fought for the liberties we are afforded today. Despite the multitude of corrupt politicians and special interest groups attempts to destroy this country, there is still much to celebrate.

On this 4th aka “white trash party day”, be grateful that you are not a “member” of a FOXCONN prison factory, in Shenzen, China, building iPads for fat fuckers in Illinois.

Do not lose faith in America, for we have the best military in the world, capable of seizing the natural resources of others (if needed), in order to make it our own (if needed, of course).

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59 comments

  1. Bullish

    God Bless America!

    And I have something to be thankful for despite my portfolio down and out this week, the iphone 4 just arrived! Good times are here again.

    Happy 4th!

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  2. StocksRider

    Amen Fly! Thanks to all the forefathers who had the presence of mind to smoke some really good mary jane and write the most beautiful piece of work known to mankind aka The Constitution.

    Looking at Acc Dist scores and breadth of the market, it is not an optimal time to enter new longs or shorts. No aggressive long or non defensive names are being accumulated. But at the same time no aggressive short ETFs are being accumulated either. It is like you feel you are in twilight except that it could be dawn.

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  3. Maximus

    best vid you’ve ever posted

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  4. Alvari40

    Thx Fly – enjoy the weekend.

    Signed: White Trash

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  5. Ix

    Well said. Remember what this day (and perhaps this country) stands for: Independence. National, Personal, Financial, Religious, you name it.

    Happy 4th all.

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  6. Rand

    Jimi hendrex did the song better in more constrained times of tricky dick and ford. Be safe.

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    • Satanfeller Luciforgan
      Satanfeller Luciforgan

      That the purple bandana was dipped in pure LSD may have had something to do with that.

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      • drummerboy

        jimi opened the door for all these eddie van halen wannabes, and then some,god blessed america,not the fuckheads in it, and forever shall it wave…….fat fucks in illinois, huh

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  7. xxxHuggieBearxxx
    xxxHuggieBearxxx

    Giddyup….enjoy New England…..

    Let next week be a bullfuckingrush…that’s all im sayin.

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  8. Satanfeller Luciforgan
    Satanfeller Luciforgan

    Posting this from my 4′ x 4′ cube in a wall, in the bowels of a Chinese prison factory…

    Mark Dice: Americans don’t know why we celebrate 4th of July
    http://www.youtube.com/watch?v=aaqaImebd1M

    Classic gringoville.

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  9. Kenai

    Happy 4th of July Fly, and enjoy your vacation.

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  10. nickfenton

    FOXCONN is the Obama Administration of factories.

    Have a good 4th big dawg! I’ll sip some George T. Stagg (google it) in your honor.

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  11. IndiePad

    Happy indie day to all my ppt South of the 49 th friends!

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    • Kenai

      How did you get the iPad? Is it up here yet?
      Congrats!

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  12. Silas Bilderberg
    Silas Bilderberg

    iBankCoin passed the 25 million page view mark today.

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  13. xxxHuggieBearxxx
    xxxHuggieBearxxx

    Patriots Rally, BITCHES!

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    • fkyaway18

      Bunch of wusses today, looked like some traders wanted out of TNA prior to long weekend despite Fly’s advice to hold 10 to 12 days or so.

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  14. GonzoTrader

    This country was founded for the pursuit of happiness and tax revolt. So be happy and fuck more taxes.

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  15. Apocalypse Now
    Apocalypse Now

    Short Squeeze – The Chart looks like they just let off the fireworks – shooting straight up!

    I bought S&P calls today after Fly’s confidence pep talk and confidence from the prior 2.2 reading. Bought yesterday as well, so back in green.

    Happy 4th Indeed!

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  16. No One

    Celebrate the right shoulder.
    Bought more silver.

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  17. Yogi & Boo Boo
    Yogi & Boo Boo

    Indeud!

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  18. Bullish

    Fly, I take it that I was not the 1000th PPT paid member? I thought balloons and shit were gonna drop when I signed in. Bum deal.

    The site is great though

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  19. TheV.King

    It’s worth a re-post

    TheV.King says:
    July 2, 2010 at 2:12 pm
    It’s time to get this party started…Fly and V.King style

    http://www.youtube.com/watch?v=crY84NXzUmg

    Reply

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  20. JuiceyFruit

    If you are gonna go guitar on the SSB, there’s only one place to go ———-> Jimi fm Woodstock

    http://www.youtube.com/watch?v=L3JbKimTdMg

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  21. fucker nutter

    I like Pearl Jam, they ain’t no Jimmy Hendrix

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  22. Flipper

    Wish I could sellabrate ( sic) the 4th, but i got this fucking oil all over my back.

    But enjoy yours Sir Fly, and have fun with the kids.

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  23. Taqiyya

    Attaboys aplenty M. Fly. Damn straight we have the best military in the world. Will be even better if the pud pulling pols and social order designers GTF out of the way. Happy and safe Fourth to everyone.

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  24. omen

    Have a great Fourth of July, everyone!

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  25. Martin

    Hello and Happy 4th.

    New reader. Traded today on you great advise after missing the boat yesterday. Still kicking myself. Got me some TNA, CLF, CIEN and SD plus some FAS down low and banked some nice juicy profit at the end of day rally. You got a new fan.

    Ill be back Monday.

    Happy 4th.

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  26. alphadawgg

    God bless you, good sir Fly!

    Happy 4th!

    (Go easy on the NE robster. It’s high in cholesterol and mercury and shit.)

    Enjoy your vacation and time off with family.

    Off to shoot some rockets, cannons and large caliber handguns…..in preparation for the 4th!

    May all socialists, commies and undocumented asshats rot in their own ideological cesspools.

    Life, liberty and pursuit of happy profits to all.

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    • JakeGint

      Remember that there’s no difference between the parties, Alpha, but that in certain circles filled by Rahm Emmanuel — sotto voce — the illegals are referred to as “undocumented Democrats.”

      Nothing to see… move along.

      ____________

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  27. panamaorange

    CIEN has some good factors on its side, in terms of technicals

    http://tiny.cc/l83tt —– Clear bullish descending wedge.

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  28. Bullish

    Panama, how’s the megaphone wedge looking? Still intact?

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  29. dave

    Nov 2 will be the next Independence Day.

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  30. MattCope

    Did @ppearlman grow a mean Fu Man Chu for this concert?
    Front row on freeze frame.

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  31. 500kmin

    http://www.youtube.com/watch?v=FL7yD-0pqZg

    hilarious FLY like cartoon about the iphone4 (dude got fired from his best buy job for making it)

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  32. Hammy

    i have 5 flights this weekend. Thanks for the free gas and plane everyone!

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  33. arch

    gentlemen,
    enjoy your holiday weekend

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  34. 401ker

    Thought all might enjoy.

    Sold one of my homes recently. Buyer borrowed 98.5% of sale price. Just the wife. Not sure if the husband had bad credit, illegal alien, or unreported cash income. Most likely all three. Only thing going for them was they have a 30 year fixed as opposed to a balloon mortgage, but still not an encouraging sign for the market. Not many buyers out there and many are asking owners to give 8k cash on closing since that’s what they expect and if the goverment wont do it, the seller should…So if you’re in that high tax bracket, you pay probably 20k so the goverment can skim and pass 8k on to those who can’t afford to buy in the first place, and you make too much to qualify for the same cash.

    I’m following Fly’s lead and waiting for a bounce, but long term, more shit’s coming.

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  35. anon

    You gay, mullet-wearing closet homo white trash mofos need a version of that crappy song to make you a little less queer: http://www.youtube.com/watch?v=QRvVzaQ6i8A

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  36. arch

    with JPM paying out a dividend of $0.05 on july 1st that to me marked the beginning of the new beginning for the banks…the other banks will follow …all the banks will show profit this earnings season.. how could they not? of course there are a few small banks who are irrelevant and will be assimilated and understandably so..

    last year i had no problem deploying stocks of mass destruction upon the banks ,but this year is different and even thou they are taking a correction at this time and buying them @ 1.00 ea would be nice , its not going to happen

    the gloom and doom is over

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  37. Le Fly

    Don’t bet against doom, for it is inevitable

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  38. scavenger

    According to SCZ, the bounce began in Europe.
    AND ON SCHEDULE!!!

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