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
21,075 Blog Posts

Think About It

Ireland is getting a bailout equal to 60% of their GDP and futures are hardly red. I know they were up a lot last night; but who pays attention to that shit? So now we’ve bailed out Greece and Ireland, yet the market keeps goose-stepping higher. I suspect after a Portuguese bailout the Dow can break out above 12,000?

I am not ecstatic about the bailout; but will it stop me from eating my morning bowl of oatmeal? Nah, not really. Will the Irish people stop drinking whiskey for breakfast, KIDS INCLUDED? Nah, I sincerely doubt it. Ever since those fuckers put down the cow tits, in exchange for business attire, it’s been all downhill for them. Hey Ireland, quit trying to play “fancy business man” and go farm me some potatoes. Let it be known, any Irish relatives of mine would be greatly chagrined by my comments. However, no one in my family reads this website.  Therefore, I am without boundaries.

Going into today’s trade, I am long PSUN, THQI, FTK, LIZ, GMXR, WFR, just to name a few. I’m thinking about shorting oil here too. It’s really too early to make predictions. However, think about it, it’s not that bad.

In the end, The Turkey Gods always win.

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33 comments

  1. SpeeroTheKid

    lmao. win post.

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  2. SmallFry

    Brilliant.

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  3. Gtotoy

    Shake n bake!

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  4. KeyLimePie

    http://www.naturalnews.com/030418_Food_Safety_Modernization_Act_seeds.html

    Senate Bill S 510 Food Safety Modernization Act vote imminent: Would outlaw gardening and saving seeds

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    • MX2101

      Well, if the government outlaws so many everyday things believed to be basic rights, this makes nearly everyone a lawbreaker. Over time this could have the effect of providing momentum to violent uprising.

      Joe six-pack may not object to financial laws he does not understand, but tell him he cannot have a dog or plant tomatoes and you have widespread outrage.

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      • Jakegint

        That’s the problem w. Dems… they think they can just legislate everything and it’ll turn out all right.

        If even one of them studied history, they’d note that even the slightest “pebble in a pond” law has repercussions that not even the most prescient could have foreseen.

        __________

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        • TeahouseOnTheTracks
          TeahouseOnTheTracks

          Doesn’t look like the Dems are totally responsible for this Jake:

          Sponsor: Sen. Richard Durbin [D-IL]
          Cosponsors:
          Lamar Alexander [R-TN]
          Jeff Bingaman [D-NM]
          Richard Burr [R-NC]
          Roland Burris [D-IL]
          Robert Casey [D-PA]
          Saxby Chambliss [R-GA]
          Christopher Dodd [D-CT]
          Michael Enzi [R-WY]
          Kirsten Gillibrand [D-NY]
          Judd Gregg [R-NH]
          Thomas Harkin [D-IA]
          Orrin Hatch [R-UT]

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    • drummerboy

      i guess i’m a felon now, because i did save my heirloom tomatoe seeds this yr. everyone now will build a grow room in thier basement. and the electric companies will have to play narcs now. geez, this shit dont end.

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    • Yogi & Boo Boo

      Everyone is being powned by these here interwebs: Where is the ban on gardening? http://www.govtrack.us/congress/bill.xpd?bill=s111-510&tab=summary

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  5. Dr Fly

    Praise be to monsanto

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  6. Dr Fly

    Or, it may mean higher share prices for cxw

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  7. xxxHuggieBearxxx

    well bummer i was hoping for more of a turkey gods style open today…

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  8. Cascadian

    In the end, the turkey gets eaten and the indians get killed.

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  9. punyandy

    Nice win on CRUS

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  10. SmallFry

    C’mon turkey gods!

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  11. theedge111

    Turkey gods are like QE

    All fluff and no substance. In fact, I think you could say that about the whole stock market at this point.

    What a fucking casino.

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  12. Jakegint

    LOFL! You wish your Turkey God (front cover) was as menacing as mine!

    Mooo hoo hoo ha hah hah hah hahahahahahahahhahahahaaaaa!!

    ________

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  13. Jakegint

    I am nearly 100% Irish and I concur w. your commentary.

    My Bushmills Breakfast (and small side of oatmeal) was lip smackingly derlishersh this marnin’.

    Now go get me gold… I’ll bring me sack.

    ______

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  14. Curly

    Erin Go Bragh!
    Get me anotha’ round of drinks, oh, and git me kids one too!

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  15. rookie

    i’m with you fly.. thinking of shorting some oil. market feels like it is waiting for any excuse to continue the downtrend and make the longs near 88 capitulate. maybe wed’s report will do the trick.

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  16. J

    “I suspect after a Portuguese bailout the Dow can break out above 12,000?”

    The story all day in the Asia was that Portugal bailout is coming before the market makes them.

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  17. The_Real_Hmmm

    I hit the CTRN lotto this morning and may buy some VRGY lotto tickets today or tomorrow. There’s some sentiment shifts going on with the testes after Citi’s call on TER.

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  18. Jimbo

    AMZN BTFO?

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  19. pedro

    another FTK BTFO good God!!! how many can it have??? FLY IS GOD

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  20. Money Tree

    5% a day is all we ask for FTK

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  21. TheV.King

    Hey Fly,

    Thanks for FTK
    You’re welcome for LMLP….Next stop 3.55
    * Do not BUY the V.Kings stocks unless you wish for a safe full of gold bars to drop on your skull like a Warner Bros character.

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  22. toobusytotrade

    Looking for a stock screener – anyone have a favorite?

    I have a list of 50 oil & gas company stocks that I like to play the dip. I just want to run a screen. Having some luck when buying when they hit a 5 or 10 day low. Just too busy with my dayjob to keep track.

    BTW – to all you FTK lovers – I’m in the drilling businesss and the industry does use FTK chemicals to improve our fracturing method. They have the higher-end solution, it’s more expensive and used selectively.

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  23. riddle

    Fly do you think yesterday rally is a bull trap or dead cat bounce? do you think you are trap?

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