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
23,471 Blog Posts

The News Was Bought, Sold, Bought, Sold…

Sharp reversal, following a nothing Fed meeting, as expected. Am I to react to every single fucking tick in this market? Fuck that, I spent my day eating some chili and chicken almond salad sandwich, sans the chips. That shit is for porkers.

The day isn’t done; but I know how this will end. Most of my stocks are getting trimmed, nothing too bad. Again, I am perfectly willing to endure a sell off. Even though I am fully invested (10% cash), the game plan is to ride in cars made from dynamite, into the Sun, into 2011. The cowardly way out is to cash up and hedge myself like a pussy. Actually, that would be okay, if it wasn’t for my proclivities to partake in dangerous activities. My style is not your style; trust me. Listen to what Chess and RC preach, for they will guide you in a conservative, yet sophisticated manner.

I have a plethora of stupid conference calls to make. I fucking hate the “office space” feel to the money management business sometimes. For the most part, brokerage houses are riddled with middle management morons, only capable of pissing in other people’s cups. Little do they know, I shit in their hot chocolate.

Into the bell, “The Fly” remains unchanged in his belligerent attitude towards others and is hellbent on winning.

Nothing new and nothing old.

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56 comments

  1. The Zombie

    The Fly is God.

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  2. drummerboy

    just finished a chili dog myself,homemade chili of course.oh,fig motherfucker

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  3. Stocks&Golf

    “Little do they know, I shit in their hot chocolate.” LOL

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  4. TheV.King

    LOL

    4 plates decline this morning for reps

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  5. clegger_2000

    Fly do you ever tell the conference call participants to “f**k off”?

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  6. concur with that guy

    i’m noticing some extra advertising on the site. to subsidize the stock losses, yes?

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    • drummerboy

      i had to stop when i got to 23% unemployment,you know why, its worse. ask anyone that was in the service business the last decade.

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  7. go2mars

    And more importantly:

    http://www.youtube.com/watch?v=NisCkxU544c

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  8. The Fly

    down .09% today. Fuck off.

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  9. FU

    Fuck everyone who curses the fly, without embracing him, at the same time.

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    • drummerboy

      in the restaurant biz they say every time a fly lands,it shits.he’s able to jump tall piles with a single buzz.

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  10. discoordinated

    If you had to short a sector, which one? (fly or anyones thoughts?)

    I am short BIDU and AMT cautiously via options. (so my sector to short is tech)

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    • go2mars

      Canadian home builders.

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    • cebu sun

      Im short ssw, swn, psun. Good luck.

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    • alphadawgg

      Do not short this market now. Why waste your time picking shorts? That is illogical and a waste of perfectly good electricity and dineros.

      Risk reward much better being long, especially as we go into M&A -o-rama in 2011.

      Heed or die a bear’s death.

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      • discoordinated

        closed a part of my BIDU short today and am still sitting on all of my AMT short (all via options).

        I wouldn’t short common stock in this market, but I am doin pretty well on my options shorts.

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  11. sailorboy

    So YOU were the initial supplier in the 2 Girls, 1 Cup video?

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  12. Jakegint

    For the most part, brokerage houses are riddled with middle management morons, only capable of pissing in other people’s cups. Little do they know, I shit in their hot chocolate.

    Do you make extra-territorial calls?

    ______

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  13. medfly

    Not in my hot chocolate with real whipped cream getting on my mustache.

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  14. panamaorange

    China,the main object of commodity speculation,spends 60% of GDP on real estate.

    Almost HALF is going into office space. Totally unsustainable.

    When that bubble blows, it will take XLB and JJC down by 30% in a matter of weeks, if not days.

    There’s no future in office space speculation.

    http://www.youtube.com/watch?v=otTd3ZwMeTA

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  15. Frog Wearing Burlap Santa Suite Riding in Car Made of Dynamite
    Frog Wearing Burlap Santa Suite Riding in Car Made of Dynamite

    Unless the world economy is recovering. in that case, that bubble will blow up eventually, but it will be years from now.

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  16. Frog Wearing Burlap Santa Suit Riding in Car Made of Dynamite
    Frog Wearing Burlap Santa Suit Riding in Car Made of Dynamite

    Wish we still had the edit button.

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    • The Fly

      BRING YOUR FUCKING A GAME WHEN YOU COMMENT HERE. No edit button. Say it right or don’t say it at all.

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      • Pro money manager yet a heavy drinker
        Pro money manager yet a heavy drinker

        Sometmies I hvae ideas to convye but they cmoe out wrong deu to my habot of hittin g the bottlw a tad ezrly. Giys like ud neef that efit bittpn.

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        • Pissed off at red market and stupid posts that waste everyones time
          Pissed off at red market and stupid posts that waste everyones time

          Piss off asswipe

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  17. Rothstein

    decline press? where? 24 hour fitness?

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  18. Alvari40

    “……sans the chips”. Doesn’t matter if the chili and smwich are loaded with HFCS – read the label. That shit’ll kill ya, and we don’t have a clue…..kinda like CDS.

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  19. Russian sailor

    Why don’t try trade the fucking TBT
    as good as gold…. and I know gold…
    I have traded it when Jake was learning how to walk…yep… I am that fucking old
    my entry on AEM is 3…. yep 3 fucking bucks.. and it’s Canadian too lol

    PS .. I bought all the gold Eurotrushy central banks were selling…
    so I am telling you now… as I have my fucking proven Russian TIME MACHINE..
    US garbage treasuries are going into the world toilet fast
    TBT will be at 70 .. just watch me turn your Government paper into toilet wipes…

    you comrade… Putin

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  20. Ralph

    Fly, step your iPhone app game up

    it looks so elementary on my expensive Apple products

    some suggestions:

    properly display quotes boxes with peoples text
    remove ads ( or at least minimize them after a few seconds ) WTF date local singles
    allow selecting/copying text and show posted hyperlinks
    fix instances where punctuation becomes scrambled

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  21. tuck9899

    jesus h christ…how can you be the fly and pick such shitty music??

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  22. Le Fly

    I have no control over app

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  23. Frog Wearing Burlap Santa Suit Riding in Car Made of Dynamite
    Frog Wearing Burlap Santa Suit Riding in Car Made of Dynamite

    U R on the wrong web site. This isn’t a music web site. People think that someone who is good at one thing knows everything. That’s why actor celebrities can sell financial services or anything to Americans on the TeeVee.

    Listened to the music myself just now. Actually it’s rather unique. And unlike lots of modern music, it doesn’t give me a headache. I kind of like it.

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  24. Frog Wearing Burlap Santa Suit Riding in Car Made of Dynamite
    Frog Wearing Burlap Santa Suit Riding in Car Made of Dynamite

    I was replying to tuck9899 about the music there.

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  25. Frog Wearing Burlap Santa Suit Riding in Car Made of Dynamite
    Frog Wearing Burlap Santa Suit Riding in Car Made of Dynamite

    diddy dirty money music

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  26. Uncle Fester

    Up +114% ytd with dynamite sticks in my ears and a light bulb in my mouth. God bless Zecco

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  27. mrkcbill

    PUT THAT HOT CHOCOLATE DOWN!!!

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  28. Le Fly

    Fuck zeeco

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  29. alphadawgg

    That post was classic.

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  30. JakeGint

    Not just Rick Pitino’s Cardinal Birds went down in a blaze o’ glory today…

    Or non-glory, as it were….

    ________

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  31. tgarfield

    I haven’t seen this conviction since the VXX buy.

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  32. Doctor Stock

    True… it seems nothing changes. Even the hype is getting old.

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