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
23,443 Blog Posts

A Cement Headed Market

Pardon the oddball hour of this blog, as I am within the confines of the gayest state in America.

Despite today’s tepid sell off, I find it most amusing to read the jackasses are out and about, discussing the great many atrocities that are about to afflict the general populous, by way of EGREGIOUS stock market losses. There are men out there, serious men in fact, that tell you the Dow will be no more than 3,000 points, inside of 1 year. There are bloggers out there who declare “the end is near, get ready to take bullets to the face.”

Well if “The Fly” must be the voice of reason and democracy, through freedom of great thinking and industry, so be it. We are not drowning in a deep sea of vomit, no, not yet! As a matter of fact, rest  assured, we are near the end of the recent market sell off and will soon spring board higher. Once this occurs, sentiment will change and people will become stupidly bullish again, just in time for my most appropriate departure from equities.

As for my recent on-doings:

I met with fellow blogger and iBC co-founder, Danny aka “Spydercrusher” today. We discussed a great many things over halibut ceviche and fish tacos, overlooking the magnificent Pacific ocean. As expected, Danny is a fine young man, well deserving of his place here at iBC.

Later on in the evening, I took the family out to meet HOWARD LINDZON, at some low end pizzeria, overlooking a few homeless guys near PETCO stadium. The funny thing about this backward pizzeria is they actually carded me at the door and then looked my party’s name up on some sort bullshit list of theirs, as if it were a high end club.  WTF, ROFL: it was a fucking pizza joint!? Needless to say, this place suited MR. LINDZON like cat and yarn.

In all seriousness, Howard and his family are great people and I value our friendship.

As for this market: get ready for the BEARDED CLAM, for he will amaze and surprise all, AND MORE, shortly.

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34 comments

  1. StocksRider

    Fittingly, your first comment comes from the resident of the “gayest” state! – FIG

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  2. Trading_Nymph

    I think it’s just us California Ones that hang around the blogs at this time of night waiting for Europe to open…also waiting for Japan PM to do his press conference.

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  3. Po Pimp

    get ready for the BEARDED CLAM, for he will amaze and surprise all,

    Asshole better do something else the pimp hand will be re-engaged.

    And fuck all these fish tacos. Get back into a steak house and start ordering up those 4″ rib eyes. The stock market needs you to do this AND MORE.

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  4. NorCal

    Hey hey NorCal in da house!

    The best video yet!

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  5. NorCal

    Hey hey NorCal in da house!

    The best video yet!

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  6. No. 1

    A few times a week Tyrone would greet the ice cream truck by performing his ritualistic ice cream dance, caramel toffee bar heaven. But this week was different.

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  7. ecchymosis

    Fly, if you think that Pizzeria is too CA, come up here to the gayest city in the world and stand in line over an hour for a sandwich!! – http://www.youtube.com/watch?v=VNtvtpv_oKI

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  8. No. 1

    I’ve had this stainless steele beartrap set and loaded, but nobody has stepped in it yet.

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  9. Christoph

    Rama, on 4th near the Hilton, should be on the dining list of such a distinguished gentleman. That, and the Marble Room for fun.

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  10. Bullish

    Just so the Fly knows what us people south of Philly do on a Saturday afternoon:

    http://www.youtube.com/watch?v=__Co6GAaXFw

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  11. xochi

    I want to meet you too! I have a crush on you…silly me.

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  12. TraderCaddy

    That was fun.
    SMH kept trading while INTC was halted.
    Kept averaging down and now out with about 1.3% gain
    INTC is old and already baked into the price.
    By the way, it’s halted again

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  13. jig

    let me guess…basic pizza?

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  14. 8

    Fish Tacos? Was that the little joint on Mission?

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  15. TraderCaddy

    Now INTC is open a second time and price is up
    One has to be a George Costanza to trade, I am convinced.

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    • Yogi & Boo Boo

      The Intel Bottom. This is the dumbest market I’ve seen in a very long time.

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      • TraderCaddy

        The price had it baked in a couple of days ago.
        I show a low of INTC for the day at 16.55 when everyone threw in the towel but the stock is a cash pig, although won’t grow much in these economic times.
        Have to do a Costanza these days.
        The number of bulls is @22%, the lowest since March 2009 and we know what happened a few weeks later.
        Just a bounce this time, I believe but who the hell knows.

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  16. TraderCaddy

    I love fish tacos but Central Florida (Heathrow-Lake Mary) area has nothing so if anybody has a good place let me know.
    I have to make my own using Bobby Flay’s recipe.

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