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
23,435 Blog Posts

POMO, NO INFLATION, REFLATION, QE2, THANKSGIVING, GLOBAL GROWTH, ENDLESS STIMULUS, NO RECESSION, SIDELINE CASH, JOBS RECOVERY SHORT SQUEEZE

Did I leave anything out?

It appears the market wants to go higher. There is no point in fighting it. However, I am not in the mood to buy stocks right now, so I won’t. If you must be nosy, I am deciding whether to vacation in Portugal, Spain, Italy or Australia. These are very important topics that much be broached at THE HOUSE OF FLY. All things to do with opulence and grotesque decadence are of interest to me. Feel free to offer advice, although it is not readily needed or required.

At the present, I am still in the same old shit, so there is nothing else to chat about.

If you enjoy the content at iBankCoin, please follow us on Twitter

80 comments

  1. The Zombie

    The Fly is God.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. gappingandyapping

    CHINA, INDIA, FREE TSA GROPINGS

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. MarshalN

    Italy all the way

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. GOBBLE GOBBLE

    Italia !!!!!!!!!!!!!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. FIG

    Why not visit all of the PIIGS in one trip to Europe. You already have 3 of them on your list.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. Tradingfrog

    Short VXX. Anytime. All the time.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. Woodshedder

    Romania is nice in December, I hear.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. doughstream

    Every tiny restaurant in Italy has great pasta. Must be something about their tomatoes.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  9. scott

    EURO DOOMSDAY, DEATH OF THE DOLLAR, BERNANKE PUT, MARKET MANIPULATION, ROCKETING LONG RATES, OPTION EXPIRATION, SEASONAL STRENGTH, ALGO MOMENTUM oh, I dunno. a few other’s I’m sure…

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. Jack the Ripper

    Visit FTK headquarters

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • Po Pimp

      Been there done that. Nice building off the Sam Houston tollway actually.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  11. Anthony Brown

    Sydney and Melbourne are awesome cities!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  12. TheV.King

    POMO, NO INFLATION, REFLATION, QE2, THANKSGIVING, GLOBAL GROWTH, ENDLESS STIMULUS, NO RECESSION, SIDELINE CASH, JOBS RECOVERY SHORT SQUEEZE
    Rock and Rolla Cola Wars I Can’t Take It Any-more…….

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  13. dizzles

    cmon fly,

    Australia all the way champ. phenominal beaches down there (white pointers) if you know what I mean. I am from there and you won’t regret.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  14. TMoe

    Thank you EMC for your generous offer to buy ISLN. Started buying ISLN at $3.30 just sold all my shares at $33.70

    Indeed

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  15. AI

    Greece islands there are some cheap mansions on sale …. and if you really want to go out you can buy a whole island

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  16. lindsay

    Italy

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  17. Dr Fly

    Holy shit tmoe! Congrats

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  18. Mexican Rape Tree

    Juarez is nice this time of year

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  19. WSJC

    Then what does all this tell you about SCO and Oil?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  20. Yusuk Aziankok

    Herro fwom China. Me thinks the fry should vacation in Shanghai.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  21. theman

    the flight to Australia is way too long, go to Madrid then on to the beaches in south, great food, wine, the Spaniards are a lot more fun than the Portugese but, they too put out great food.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  22. FIG

    FTK riding its way to $3.00 now.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  23. theman

    forgot to mention that the women in Spain win hands down

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  24. KansasFarmer

    FTK just printed 3…

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  25. dizzles

    theman obviously hasn’t been down under.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  26. Frank White

    Is this a good spot to buy 2mm shares of FTK?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  27. DMG

    If you enjoy chain-smoking, intoxicated german men wearing speedos and dancing to electonic polka muzak (and i have a sneaking suspicion you do), definitely make it to ballerman 6 on the island of mallorca, espagne.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  28. Apocalypse Now

    Having visited all of those places, let me say that Italy is by far the best of your options without a doubt. If you enjoy history, good food, friendly people, art museums, sculptures, and culture. The weather should still be fine, if you want summer like weather you might want to try Australia since it is their summer as you know.

    I live in S.D. and since you just visited and enjoyed the lifestyle, Italy would be my choice. The East Coast of Australia is laid back like the West Coast , but your plane trip would make you lose a few days. Melbourne, Sydney, and Cairns (Great Barrier Reef) would be the top spots to visit.

    For Italy, North is great including Venice, Florence, Milan, the island of Capri, and Amalfi Coast. Rome has a lot of history and architecture but is not as nice as the north.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  29. ckaltner

    M&A is always nice for a weekly Monday pop

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  30. Aristotle

    Dr Fly, could you tell me when the Turkey gods will bestow large dicked gains upon us, covered in gravy?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  31. ckaltner

    Italy Forte dei Marmi. Your kids will love it too, especially the town square

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  32. Skynet

    RE: FTK

    Anything to do with the short interest / days to cover?

    Any insight?

    Today would be the last day to cover –

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  33. Frog

    Here is one more good video about QE

    http://www.youtube.com/watch?v=wpmlHTeVG9A&NR=1

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  34. Trading_Nymph

    You won’t get a good value at any of these locations with the F/X rates. Maybe if Spain and Portugal Bond auctions fail this week you can get a better deal….Copper in China doesn’t want to go up over 4, fwiw.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • Trading_Nymph

      well, I am using US copper market price cuz it’s easier to follow…4 seems to be mega resistance over the last five years. LME stockpiles down and pending strike is holding it in backwardation..but China Stockpiles mega high and China wanting to slowdown, just looks ubber weak set up to me, but I am normally always wrong.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • heaterman

        I think for copper one must look long term at rate of growth in production vs rate of growth in demand. Doesn’t appear that the price should drop much to my eyes. Not making any more of itm not getting easier to find and barring a worldwide depression demand will continue.

        • 0
        • 0
        • 0 Deem this to be "Fake News"
        • Trading_Nymph

          heaterman, Shanghai was the big buyer of it and their stockpiles are so high at this point, too much went into the “china can’t control inflation play” which until I saw the reaction to their CPI, I could not even believe anyone doubts China’s control of anything, but they did.

          • 0
          • 0
          • 0 Deem this to be "Fake News"
  35. Mexican Rape Tree

    Are we going to be having nut stuffing for Thanksgiving?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  36. TheV.King

    COMING SOON!

    The V.King’s TOP 10 Rock and Roll Songs of ALL TIME!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  37. FIG

    GMXR getting taken to the cleaners today. Down 6% on no news. I wonder if Le Fly is still holding.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  38. shirley

    only my opinon after having worked and lived in europe for 15+ years:
    the really quick and dirty, no time for more than 4 incomplete sentences:
    spain in december?? horrible idea, but always horrible food! great place to diet!!
    italy–enough to see, do, all senses are stretched beyond . . . . even when the weather is not great. venice in the rain is priceless!
    portugal is a 0 on all fronts, but the folks are kind.
    austrailia, never been.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  39. theedge111

    My friend just got back from Spain.

    She liked it but the place is all fucked up.

    Soup lines, poverty. People go out but have no money to spend so they just dance at clubs.

    Be careful if you head out there. I bet crime is rising. YOu don’t want to put your goddess in harms way!!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  40. QJ

    Fly,
    Cape Town is always nice, you can go swimming with the sharks

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  41. william wallace

    Italy, Australia, Spain, Portugal in that order

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  42. Bo Beach

    It rains and is cold in Italy for the next three months unless you get way down in the tip, south of Tropea. Froze my ass off in the diego lands for a month in January-February time.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  43. Hank Moody

    Fly I have a decadent house in the south west of Western Australia in the Margaret river wine region – see eagle bay. I will loan you for the summer in exchange for a free subscription to the PPT… I hear it is that good!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  44. skputts

    Fly, if you have not been there, the Huka Lodge is heaven on earth. Lake Taupo, New Zealand. If you’re a golfer 2 great course on the North Is. as well. And a pretty good course 10 minutes from the lodge. Don’t take my word for it, look it up. Best in the world and worth the crazy prices.
    In Australia, nothing that I have seen is in the same category. But New South Wales Club is the best golf course in the world. Good luck, mate.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  45. Tradingmantis

    V.King

    Was that Joel tune on Cold Fly Harbor or An Innocent Fly?

    • 0
    • 0
    • 0 Deem this to be "Fake News"