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

Celebrating Your Demise, in style

Indignant malcontents.

I have been blogging stocks for over 4 years, gifting you dick suckers with coin making ideas/ family style entertainment. In exchange for my graciousness, you pepper these holy grounds with backward commentary.

Over the past 4 years, my investment style has evolved tremendously. Long ago, I was something of a gunslinger, like you. I’d rattle off 50 trades per day, which in turn led to sky rocketing blood pressure and a temperament that made Archie Bunker look like a nice guy. Times have changed.

I’m much more focused on mean reversion, asset allocation and beating the livers out of conventional wisdom, instead of following the herd. If you are interested in being in a herd, get the fuck off my site, for I loathe people who are unable to think out of the box.

JBL warned. They are the largest maker of CSCO routers, being a very large contract manufacturer. And, KBH warned: big fucking deal.

Ultimately, the market will bend to fundamentals. You just need staying power and clever asset allocation to make it through the process.

One final note: Japanese intervention is failing.

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25 comments

  1. wilmer

    Long Live The Fly

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  2. Kevin Hughes

    You’re absolutely right about the Jap intervention! (The stock stuff I’ll leave to you)

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  3. Ix

    “Indignant malcontents.”

    Best succinct definition for “humans” ever.

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  4. Jason

    Days like today i have renewed hope for a +20 VXX

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  5. drummerboy

    indignant malcontent……..OUCH.godamn……….fig mother fucker. now i go paint door i hung and eat sammich……….ouch

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  6. Rand

    Well, i am back after a four day weekend. Anything new happen while i was gone? Nothing too strong, i hope. Well, have a good day!

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  7. FIG

    wow that was a quick drop in like 2 seconds.

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  8. EasyMoney

    I thought this was going to happen all overnight…..The market actually gave you the opp this morning to go all in. AAPL was the telltale sign. It dropped to 275 in the first minute of trading. NO BIDS now. Watch out below!

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  9. Geoduck

    We are Japan!

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  10. Dr Fly

    PPT Subs:

    UPDATE on my Positions
    http://ppt.ibankcoin.com/?p=4059

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  11. Vish

    To all comments: being in the Fly’s herd counts as being in a herd…

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  12. bubo

    No worries, we should close in green today….

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  13. TraderCaddy

    Went long SMH 27.15.

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    • TheArtist

      how was that grilled cheese yesterday?

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      • TraderCaddy

        Great.
        I sent you one via internet by hitting the F1 button.
        Did you get it?

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        • TheArtist

          ha…. didn’t get it, but I’ll be in Flagler on the 9th-16th if you want to send one up, better make it 3, I’ll have 2 buddies there that will also want one.

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          • TraderCaddy

            I will actually be a county north of you about a week later caddying for my kid in a Nationwide Golf tournament qualifier and if he gets in I’ll be at TPC Sawgrass in Ponte Vedra (Jax) for a few days.
            Weather is starting to cool down. About 88-90 now.

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  14. TheArtist

    Monsanto (an ancient native Indian word that translates to: “The Devil”) tanking at the moment

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  15. TraderCaddy

    Out SMH 27.40.
    That was easy

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  16. The Big Ragu

    tremendous bounce in the last minute

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  17. Geoduck

    There’s a bunch of generic forms of Round-up out there now, which was big cash cow for Monsanto. Chinese rip-offs are killing MON.

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  18. TraderCaddy

    Crashing $$ is good for chip sales overseas where their economies are booming.

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