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

Going For It

I am not covering into employment data. I’ve been stoic in my positioning for the last 400 points or so, there is no looking back now.

I shall proceed with KAMIKAZE investing, into the teeth of QE II.

In other news, Samsung missed earnings and tech stocks are begging for a severe beatdown.

Choose your next position carefully, pleb, for it might be your last.

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20 comments

  1. william wallace

    FIG first!

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  2. joey bag o' QE2s

    Ballsy.

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  3. Ben Bananake

    I’m with you Mr Fly! Hate to say but I think we will be covering early next week. I expect a shocker in the initial claims way over estimates:

    http://money.cnn.com/2010/09/30/news/economy/subsidized_jobs_program/index.htm

    http://www.youtube.com/watch?v=kj-xkobaRuE

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  4. Willie James Huff
    Willie James Huff

    My last position put me in the clark county jail, pleb.

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  5. Disguiseyflaps

    SWEEP THE LEG, JOHNNY!!!

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  6. franky

    this kamikaze shit sucks. i admire Mrs. Fly’s stoicism for Mr. Franky has cut me off. Which is righteous, as I suspect his denim varietal is less that of Mrs. Fly.

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  7. Teahouse On The Tracks
    Teahouse On The Tracks

    If this keeps up I’ll be drinking from a jewel encrusted chalice and you’ll be the pleb with the five figure online E-Trade account …

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  8. Doc

    I am prepping for Exams and trying to advance my position with undergrads. Cash is king. I can live with 87% gains for the year. FIG. We milk the trend for what it is worth and when it changes the losses are not close to the gains. That is how money management should work.

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  9. JakeGint

    Another take on Kanye, and the relative soul-quiet of being hugely in the black… Goin’ to California.

    ___________

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    • Trading_Nymph

      Hey Jake…I’ll be your beah….lol…………….Europe is down a bit as it leads into ECB and BoE meeting. Japan came out and said they won’t play in the currency games, which will make USA hard to argue they are all innocent with QE 2 and China is bad at G7 meeting this weekend….and OK what is wrong with this picture…Australian Dollar hitting ALL TIME high and China is coming back tomorrow night…this could be really interesting if they start selling copper, etc like they have historically have done before……..Fly I am with you…but you know how bearish I am.

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  10. Black Tongue

    THIS IS SPARTA!

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  11. inandout@aol.com

    Good Luck Fly , hope you get your mojo back .

    Believe me I been there before, everyone has
    from the greatest traders(best lessons are learned in slumps) and even the
    Big Market Makers referring to the cash heavy Robots’ even need to be reprogrammed .

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