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
23,449 Blog Posts

The PPT Wins Again

With the market dropping more than 3% today and TZA ripping tits, I think it is my right to declare victory, yet again. Let this be a lesson to you fuckers who like to bet against me or call me names: bet against me; lose your house.

Good day to you.

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65 comments

  1. TheV.King

    So does The V.King!

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  2. The Sandman

    ProPheTic. Indeud.

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  3. Apocalypse Now

    Fly, what was the delay between the trigger and the action? It seems like this time it was greater than a week.

    Low PPT trigger scores are even more accurate than high ones, so I am now looking to go long once the selling is exhausted factoring in the delay.

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  4. Bullish

    The Head Lemming always wins!

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  5. checklist

    Now… let’s hope it wins again.

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  6. Le Fly

    Overbought takes time

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  7. TraderCaddy

    This lady Brit on CNBC is annoying.
    The field reporter is pretty good, though.

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  8. Tim Hortons

    Fly……You still own Green Mountain?

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  9. Le Fly

    The Head Lemming has spoken.

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    • Poor Lemming with a Scottrade account
      Poor Lemming with a Scottrade account

      Life is good.

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    • JakeGint

      Bjork-Nymph For Queen Lemming!

      Prepare the robes of ermine and the stockings of silk!

      Huzzah!

      Huzzah!

      Huzzzaaaaah!

      ______

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    • muktukchuck

      I must add EXCELLENT, M. Le Fly and the PPT. I held TZA longer than I liked (it helped being on a fishing boat the last 6 days with no communication) — but in at 35+ out at 38+. And out only because I might have the balls of a freaking lemming when it comes to 3x etf grenades. And now to RIM telling the Saudi Royal to take a long walk off a short peer — RIGHT ON Eh!!!!!!! Boot licking Google should pay attention.

      I’m hot = got the spam Q first try.

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  10. panamaorange

    If TLT and FXY stop rallying, Money involuntarily flows back into stocks.

    I cant see ONE technichal or fundamental reason for either to rally further here.

    So, I think we get one last bounce. ES 1108 looks good, but i will exit most of the DDM i got today at 1096 or above

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    • Poor Lemming with a Scottrade account
      Poor Lemming with a Scottrade account

      I will follow Mr. Fly’s advice, as I plunge or rocket into destiny.

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  11. Le Fly

    Once again, jake is using defense mechanisms. A true sign of mental disease.

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  12. C_Farley

    Someone posted a video to “This is how you should trade” from the guy on suck my nasdaq or hit the bid…
    can you post the link again, that shit was funny!

    -Thanks

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  13. StocksRider

    My most thought provoking post to date, in PG – http://www.ibankcoin.com/peanut_gallery/index.php/2010/08/11/i-hate-to-say-this-but/

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  14. The Sandman

    After hours tech wreck as CSCO reports bad numbers.

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  15. TA

    You have to be kidding

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  16. Le Fly

    Ta

    Shut up at once. Leave this blog before it leaves you!

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  17. Bullish

    This market is a bit more brutal than I orginally expected. Drastic markets require drastic measures…

    We were due for a selloff but this is getting serious.

    Negativity has indeed prevailed… For now

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  18. Le Fly

    In the end, you trollops will all die.

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    • HuggieBear

      Not me,

      we have been on the same macro page since i started following you. I even went Hugh Hendry when you did. You threw in the cards way too early, I threw in the cards a day too early. We both got burned

      Anyway, If i die, you will die too, only slower due to better execution.

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  19. Le Fly

    Cramer is eating crow for dinner

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    • mrkcbill

      Wonder if GS made money today? Count on it -huh.
      Fuckery in the air ….Extend Bush Cuts….Suspend MtoMrkt
      Load up on Biz Incentives…….Bond Yields Down…..Stocks Up.
      Market forces Obama to get religion. Election time we will be up 10% YTD.
      India Iron Ore UP

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  20. HuggieBear

    We appear to be heading for armegeddon. I sold too much of my hedges…..could lose a bit tomorrow.

    But i look forward to uncorking my longs and letting them decant a bit…prob in the 1060 area.

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  21. arch

    nice call on the pull back Le Fly

    i have to get some FAS here sent in a probe bet..
    this is just obligatory @19.94…

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  22. mancini

    I’m short an assload of Caterpillar.

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  23. theman

    most here live in a lean- too, who cares if they lose their house?

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  24. No One

    Good beat
    I saw twelve last week. Garbage movie.

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  25. theman

    one more thing, 50 cent is not even worth 2

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  26. Le Fly

    Actually 50 cent is worth 400 mill

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  27. theman

    yes but, his music appeals to those who should have their birth certificates transferred to the nearest vet

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    • Moe

      What music?

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    • Heaterman

      “Birth certificates transferred to the nearest vet” Now THAT is hilarious…………in a brutal sort of way………..but hilarious none the less.

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  28. flyaway18

    The financials are lookong ripe for a dead cat bounce and stalking gold. Siusanne always does a nice job but most of you cocksuckers hate it when a woman gets it right, sexist bastids.

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    • No. 1

      Actually, I love it when a woman gets it right.

      I’m still surveying the field for a bear trap.

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  29. theman

    moe, excellent question

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  30. alphadawgg

    Armageddon will come in one day, when we least expect it.

    Is anyone surprised right now? No, this sell off is too obvious and telegraphed.

    It hasn’t been an easy market for the bulls, and it won’t be for the bears either.

    To quote the lyrical Bob Dylan, “Everybody must get stoned”.

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  31. Dr Fly

    I disagree, respectfully. When on the internets, people speak freely. Most money mangers have their heads up their asses, bullish without reservation.

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  32. Bullish

    I made sure to buy my gasoline (premium) at a BP station today.
    I would have bought a car wash but would never trust a gas station car wash.
    Support your local BP station owner – they didn’t cause the spill.

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