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
23,433 Blog Posts

A Sublime Harmony of Mathematical Precision

I am fancier than all of you combined, AND MORE. I have marble floors and gold pens. My shoes cost more than yours and let’s not even begin to talk about watches. While you scurry about your housing tenements, looking for macaroni and cheese, “The Fly” is throwing beluga caviar on his crackers, while drinking champagne from the bottle. You might call me a glutton; but I am preparing for the after-life.

Breadth is robust. Everything is working in the markets favor, from currencies to commodities to hostile takeovers. Now, you can say it’s all a coincidence and SENOR TROPICANA is just “so fucking lucky.” But ask yourself pal, “can one man be so lucky?”

The stock Gods bless me; and in turn, I help you via The PPT. Bet against those things and lose your house, wife and kids.

Into this run, I will enjoy the splendour [sic], better known as “my fucking positions,” long egregious amounts of EDC, TNA, BUCY, GMCR, CBL etc.

“The Fly” wins again, even when you expect it most.

UPDATE: I sold out of ANF. No time for dogs.

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31 comments

  1. The Equalizer

    While the others experience this in a general way, PPT subscribers’ experience is far more specific. Viz. FIG.

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  2. JakeGint

    You might call me a glutton; but I am preparing for the after-life.

    Danish pagan style??

    _________

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  3. davidl

    I’m just touching on the benefits of the PPT and am up over 10.6% since joining last Thursday. Priceless… Enjoying the run but preparing for Sept.

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  4. Cascadian

    For the world’s best Mac-n-cheese…

    http://www.montageportland.com/

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  5. Bullish

    LOL – I thought you just told us no hubris from the Fly.

    PPT nailed the turn. The latest seasonality feature is worth the cost of admission itself.

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  6. WSJC

    I was right their with you on the prophecy of a bounce, and I’ve traded accordingly. FIG

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  7. WSJC

    And by the way, I’ll eat mac and cheese regardless

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  8. Trading_Nymph

    Actually we may have a little bit of fun coming up….the India Government last night came out and said no ban on Exports of Ore…at the sametime the Gov of Karnataka was filing their papers for the Court Hearing on Friday to argue for a Ban in his Ports….this is a power struggle smack down…before all of that, China/India Ore hit 3 month high for spot. For Breadth today it’s setting itself for a lot of hard resistance for the rest of the week , In my Stock Diary last night I indicated the two ways it could go….either a nice drop and really sweet easy moves up or a hard grind up….Market picked the second method….will be interesting to watch it all play out.

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  9. panamaorange

    Drudge report and Ran squawk reporting that Israel has “8 days” to bomb Iran.

    That is BS

    Story is from last Thursday. They now have 4 days or less to bomb them. Looks like nothing will happen.

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  10. Ominous Omen

    Ahhh, the return of “Haughty Fly” ……”Dandy Fly” …..no more hubris here.

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  11. JuiceyFruit

    Regarding afterlife preparation:

    “Also be respectful to the poor and needy, and give them alms and good things in right measure according to
    your wealth and possessions, and when doing so consider that you will not be able to take one thing to the
    realm of the invisible (other world/death-life) from all that you have gathered together in terms of goods and
    chattels and possessions and wealth, because there are no pockets in which you could take anything with you.”

    “And consider when you give alms (gifts) that you shall not be stingy, rather act according to the best of your
    ability regarding what you can give in goods and riches, but see that you yourselves have enough and do not
    have to suffer privations through distributing (donating) alms and gifts (donations); but consider stinginess
    which is a terrible thing and is of no use to you at the end of your days, because you cannot take anything
    with you into the realm of death (death-life); therefore it is also senseless for you to have gifts and great riches (grave offerings) placed into the grave; and therefore it is senseless for you to have gold and other valuable things forged into coverings on your face (death masks) and to have yourselves wrapped in expensive and sumptuous garments or for you to want your dead body preserved (embalmed) with expensive oil since what has lost the bloom (breath) of life remains behind on the earth and decays in its time (sooner or later); and truly neither your dead body nor anything of what you place into the grave can be taken into the realm of death (death-life) that is not made of firmness (material), but is in truth of the finest power (energy) which is the equivalent of that of the primal power of all primal power (Creation).”

    “Truly, you only live on your world for a limited period (one lifetime), and you also die thereat in order to be
    brought forth from the life-in-death (death-life) as a new individual being (personality), when your spirit-body
    (spirit-form) is reawakened (reincarnated)..”

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  12. Ominous Omen

    Juice, did you mean to post that here? Maybe you thought you were at ….some other site?

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    • JuiceyFruit

      sure, why not? Sir Generalisimo le Fly was talking after-life. He knows the score.

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  13. ruggyup

    Wow, Juicey! Such a spiritual appraisal of what is to be. In the meantime, I will gloat over smoked sturgeon, fresh herring, overpriced pinot grigio(the real stuff), stunningly beautiful maidens and further capitulation of the bare essentials in favor of a discreet selection of oversold issues.

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    • The Fly

      nice moves.

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    • JuiceyFruit

      “You will find nothing in what is obvious (recognisable) to you through the truth that is forbidden as food and drink, except for animals that are sick and perished or spilled blood which is unclean (slimy/bad) and no longer edible; and no flesh, no blood and no lard (fat) of any animals and other creatures is truly unclean (slimy/bad) unless it is dangerous for you because of noxiousness (toxicity); therefore it is permitted to you to eat all the flesh and all the blood and all lard (fat) of domesticated animals, poultry and game without exception so that you do not have to starve for want of provision (food); and you are permitted to eat all creatures and all animals as your provision (food) which have claws and shoes (hooves) on their feet, toes, claws and skin, and therefore you are allowed everything that crawls and flies and seek out all innoxious things (non-toxic things) as drink and wine and other fermented juices providing you enjoy it in right measure, so that you do not fall prey to drunkenness.”

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  14. The_Real_Hmmm

    I ate lobsters this weekend in NH like stadium peanuts. As an equalizer, we also ate at an Ethiopian restaurant in Harvard Square to “balance the fucking power” there. I saw scrap metal piles in the port were being processed constantly and that indicates at least some activity is occurring in that market. I also noticed a healthy amount of $M+ houses on the market in the coastal areas, most offered by Sotheby’s.

    I have two stocks I’m looking at today- ETH and EBIX. ETH is now profitable with earnings turning positive and looking to normalize in that $0.50 to $0.65 range (EPS per Q). Advertising will be increasing and commissions will remain to incentivize sales associates (whose numbers have increased too). Not to mention 22% of the shares are short.

    EBIX is purely an earnings play because despite poor market performance in the annuities, life, and health/property insurance segments, the company has grown organically qoq since Q4 by attracting customers thus levering them to an insurance recovery.

    FFIV is a beast too, but christ it’s overpriced.

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  15. Dirk Diggler

    Guy rock climbing gets his knee stuck and then shits himself:

    http://withleather.uproxx.com/2010/08/when-rock-climbing-goes-very-wrong

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    • panamaorange

      Is it safe to say , that he experienced a “BBM”?

      Whatever the result was, im sure it has a higher resale value than a blackberry “torch”.

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  16. Apocalypse Now

    Apocalypse Now & Later. Manic depressive market. Good thing the Fly is the market’s psychologist.

    Now listen here, I have so much faith in the PPT I bought SPY calls expiring Friday and am up more as of this morning than I would like to admit as it would outline that my portfolio risk management was “risk off”.

    Since I am rolling in it, I will do it in style and buy some new rims this afternoon – after the market closes.

    Fillet Mignon tonight.

    Bon Appetit fellow distinguished gentlemen of the PPT.

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  17. Trader R

    Did you ever check out the slopeofhope indicator?

    Watch how many posts show up on the site, when you see slopers tripping over themselves in ecstasy = the bottom is in!

    Yesterday was classic !!

    Enjoy!

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  18. checklist

    Nicely done, my new policy of ppting has worked well so far.

    I wouldn’t bet about nicer shoes, though… 😉

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  19. panamaorange

    Took profits in most of my swing longs today, (TBT, DDM UCO). Riding a small 1/8th position in DDM.

    I still think we’re higher into fall, but not in a straight line 90 degree angle.

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  20. the Bull

    I am strongly positioned in UPRO, URTY and DRN. I think now is the time for me to join the distinguished gentlemen of the PPT, I never ride these things long enough and leave a shitload on the table. I’d like to ride the meltup as long as possible.

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  21. francesco

    I’m done for the day , bull VS bears 100-0

    🙂
    now there’s space ( maybe ) for the m, to breath a lil .

    salutations to the poolside

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  22. Kenny Powers

    Goodyear Blimp Omen, look it up

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