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

Reversal and Lift Off

I will refrain from bragging until the markets close with glorious gains. However, things are looking much better than mid-last night. The Chinese markets reversed and all sorts of good news was injected into the human subconscious. As a result, Europe is ripping tits and the United Steaks is about to go “nu-ku-lar” to the upside.

According to the laws, based upon the supreme mathematical tabulations of The PPT, the following stocks are in “buy now” range:

JAH, ALN, CNH, WGOV, CRS and RL, just to name a few.

Just so you know, I am referencing a new tool of The PPT, where the user is able to search “days since” a certain stock has been tagged OVERSOLD. With that data, I cross referenced the system for stocks that have flawless track records, bouncing off previous OVERSOLD levels. In this case, I am showcasing a handful of stocks that have 100% success rates, over a 5 day time frame, that received an OVERSOLD signal 3 or more days ago. In others words: buy now.

As an aside, I’m going whale watching now.

Top picks: TNA, FLS, CLF

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34 comments

  1. The Fly

    France up 3%!

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  2. Walter

    It warms the heart to know that Le Fly likes whales. Or, at least, is keeping an eye on them.

    My inner pessimist expects lots of selling on any big gap-up. Nevertheless, I am and will remain moderately long based on PPT sorcery from last week.

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  3. omen

    let the short face and tits ripping begin 🙂

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  4. MarshalN

    Dude, those whale watching boats are the rockiest pieces of shit ever devised by mankind. Good luck.

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  5. Treepart

    Tits
    N
    Ass

    She’s my little rock and roll. Went long Thursday and might let this one go for a while. Methinks a nice little unjustified nonsensical unsupported summer rally might be at hand.

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  6. IBD

    A very good read – http://www.theaureport.com – the Bob Moriarty article. The market dropped 5% in the last 4 days so a bounce was due.

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  7. Quint

    Tell Jeremy I just dropped a check in the mail for the 6-mos PPT subscription….1,000th subscriber???

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  8. TraderCaddy

    Let us know if you see the Sea Shepherd chasing the Japanese whale hunter ship Yushin Maru.
    Now that would be fun.

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    • Mr. Cain Thaler
      Mr. Cain Thaler

      I look forward to the Japanes growing tired of those hippies. I will be drinking beer and spectating when the Japanese navy reminds those pirates why Japan will do whatever it wants.

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      • J

        I wish the Japanese dealt with those fucking pirates once and for all. Fuck I hate those fuckers.

        And the disgusting leftist government is my country – Australia- is taking the Japanese government court over their whaling. Fuck those left-wing asshats and fuck the whales.

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        • TraderCaddy

          Always worth a chuckle when I see the flimsy copter takes off for the Japanese ship and they turn on the sound machine and the pilot becomes disoriented.
          And then the hippies complain about the tactic as they are making their acid bombs to throw.

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          • J

            That shitty little frog like boat they were using got the shit kicked out of it, That was the most fun I’ve had from a vid in ages. They honestly thought that the Japanese wouldn’t; do it.

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  9. Tradermark

    For those of you stuck in your $SRScopter and $FAZmobile and live in the dark side, here is some Roubini action from this morning’s CNBC.

    http://www.fundmymutualfund.com/2010/07/video-its-roubini-time.html

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  10. nickfenton

    PPT is dope. It’s clear The Fly has created greatness.

    Bailed on all my bearish positions throughout the week last week. Got long a little just prior to the rally (then collapse) before the bell on Friday, and plan to add to long positions if price action permits.

    Hope everyone had a nice holiday weekend.

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  11. Trading_Nymph

    What is amusing is that Eur/USD is lowver then it was before I went to bed. Spot price on Irone ore out of China and India is down even w/retest of Shanghai Comp of last Thursdays 3400 level….Semiconductor News was given to it’s subscribers on Friday….Trade Balance out of Australia was lagging data from May and RBA leaving rates is nothing….retest of 1040ish is something I would like to see…gets the relief rally out of the way…..also CHF is weaker after miss on CPI

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  12. Scavenger

    Bought more UWM. 5% cash.

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  13. J

    I hope the whale watching also includes this. It’s the only thing worth seeing about those fat blubbers 🙂

    http://www.uclick.com/widgets/ew/081121/ew081121c.jpg

    That should make the kids forget about seasickness.

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  14. alphadawgg

    “I will refrain from bragging until the markets close with glorious gains.”

    Haha. Good one.

    I hope the mini-Flys didn’t have a big breakfast before jumping on the “boat from hell”.

    89.4% of the folks blow chow on those “tours”.

    …..anxiously awaiting your next update on this adventure.

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    • muktukchuck

      Fly — good thing your on the Atlantic side, cause I filled the entire Pacific up with puke about a year ago.

      Bonine = the only thing that works.

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  15. Le Fly

    Ok, thanks to you fuckers i cancelled my whale watching adventure. Off to the beach

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  16. alphadawgg

    They have sharks at the beach….and you lily white Irish folk could get sunburned.

    Just saying…..

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    • JakeGint

      That’s what 100+ sunscreen is for. No sheet the stuff we put on the little man yesterday was more akin to spackle than lotion.

      Whatever works.

      _______

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