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
23,428 Blog Posts

Road Kill

You burlap fuckers are now nothing more than roadkill, the proverbial bitch of this market. Fuck you and your stories; I got the market shining my shoes and balls. How’s that, pal?

Once again, I encountered “market gurus” in my comments section today, offering advice to Senor Tropicana. Let it be known and heard, anyone offers me advice and you will catch a swift ban. Off to see Greg Solomon you go.

For the day, I was up another 1.2%, pushing my gains near 55%. My personal aggressive account broke a million today, starting off from a mere 100k at the beginning of the year. I did not think it was possible; but believe you me, it fucking is. I sold out of CX and AKS today, replacing them with large amounts of ATPG and MOTR. I’m MOTR boating up in this bitch, like an old sailor.

The market cannot trade down, prior to Santa. Also, look for mergers and acquisitions to really start heating up. Blackstone just raised $15 billion, for that very thing (buyouts). Before the party ends, we’re all gonna get drunk and shit, throwing cocaine in the trading robots, while eating caviar and guzzling champagne like bourgeois gluttons.

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60 comments

  1. jg

    fig

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  2. rofl

    Just spit my lunch of the screen with the market shining your balls comment.

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  3. Frank White

    Book it danno.. shits getting frothy again.

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  4. ya right

    Fuck off Fly

    your FTK was a big winner but not 1000%

    we didn’t forget your VXX and TZA debacles

    200%(1st plus second quarter)-75%-50%(TZA,VXX)(3rd quarter)+200%(4th quarter) does not equal 1000%

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    • The Fly

      Jealousy gets you nowhere. This is the reason why I reserved my personal success story inside The PPT, due to idiots like you. I went over the VXX trade 1,000 times. If you cannot understand how one rebounds from trades, then you should shoot yourself in the face with a howitzer.

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  5. mrkcbill

    COSTCO meatballs and beanie wienies for the entire office!!!

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    • TraderCaddy

      mrkcbill- Back from Mo.
      Flew into KC to get to Univ. of Mo.
      I met my brother in law who was coming in from Wyoming and we ended up at LCs BBQ.
      The bars on the window (although the armed security I read about wasn’t there) was a nice touch along with the junkies who apparently like the neighborhood.
      The fact that the Health Department closed them down for a few days added some “flavor” since you can’t have a good BBQ place without being closed down a few times.
      Had the combo plate.
      I would rate the pork a 6, the brisket an 8 and the ribs a 9 with the sauce a solid 10.

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      • mrkcbill

        LC’s …LOL….good stuff….been there many times on the way to Arrowhead….very solid in the Bryants tradition hope you had some fries too.

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        • TraderCaddy

          Yes, had a side of fries.
          Went real good with the BBQ sauce.
          LC was at the table next to us and talked to him for a few minutes. I heard Big Ts down the road was pretty good also.

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  6. doughstream

    Get drunk on baijiu.

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  7. darin_f

    Great choice in music

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  8. drummerboy

    solomon what a stunod.

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  9. ya right

    Fly rounds his gains to the nearest power of 10

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  10. 401ker

    Thanks for the CLF suggestion a few weeks back. I’m up 15% already…Hopefully my dog doesn’t die, but what the hell, I can always buy another one.

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  11. drummerboy

    i swear to god,i wanna choke somebody for not making a made for teevee show outta this place.” you notice i didnt say reality show”. damn

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  12. FIG

    How in the heck did you get a 10 bagger for the year when you lost 40% on VXX and TZA a few months ago? Inquiring minds want to know…

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    • Waltah

      Perhaps lots 40% just on that particular investment, not in the account overall. Very different things.

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  13. FIG

    speaking of roadkill, look at NKE after hours. Getting destroyed like nobody’s business.

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  14. Yogi & Boo Boo

    The crowd in here is almost as tough as the crowd in the PeeGee. Geez. 12631-4TW and a new Maserati for Christmas.

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  15. Teapotdome

    “I have a sentimental weakness for my children, and I spoil them, as you can see. They talk when they should listen.” Godfather

    http://www.youtube.com/watch?v=KxM1nreZdYc

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  16. klausmkl

    The Fly for President

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  17. TheV.King

    Hey Fly let me get this one….

    Listen assholes…it’s called asset allocation… you might only be right 50% of the time on the “call” you make but if you put 500K on something that goes up 400% then you achieve your goals quick… you can deal with some b.s. loss on 25K multiple times …get it you asshole pikers….

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  18. rookie

    Congrats on your personal accounts… those are some super-fly gains…. damn and all i got was a measly 40% this year… Going into tmrw the oil gods are gonna come through .. got 15K shares UCO avg 11.65. If all goes as planned oil will be at 93.50 ish by year end.

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  19. Mr. Limm

    I got the market shining my shoes and balls. How’s that, pal?

    That’s…. extremely amusing, Monsieur.

    ______

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  20. Fly

    How?

    Well, I had hardly any vxx in this acct, only tza. I was up 225% before tza and went all in on ftk, then levered up big time these last three months, turning modest 20% wins into 45, using leverage. I’ve been talking about this inside ppt for months

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  21. Fly

    Huge diff between personal aggressive acct and clients

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  22. go2mars

    Before the party ends, we’re all gonna get drunk and shit

    I’ve always wondered how caviar got popular. Some fisherman centuries ago squeezed a fish as he hauled it into his boat, and it shot out a bunch of slippery fish eggs.

    “Seriously, that’s the best part!” He told his not-so-bright assistant, while he ate fish steak.

    Where do you list up to date personal accounts in the PPT? I’m new back there.

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  23. Alvari40

    Fly,

    Just ban doubters – it’s easier. However, please continue to put up with questions…..some of us are still trying, after all these years, to figure it out. There is no way you picked MOTR and APTG for their seasonality; however, the SI of one of them rocks, while the other doesn’t have a SI recorded. Ahhhh….fuck it….nice job knocking it out of the park the past few months. I too have nice rewards (not Fly nice by any stretch). I think I just need to go large on the good setups. I still think a couple k is a nice return. I need to drop ’em every now-n-then and go large.

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    • walktothecabin

      Alvari40,

      The fly sometimes picks stuff that is oversold (i.e. MOTR)!

      The Dude

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    • Bin

      Alvari40,

      Never be tempted to go loose on risk management, which I think is what you are suggesting. Take it to heart and do not let anyone’s stated returns push you in the wrong direction. To reach spectacular returns, one has to assume unreasonable risk, the risk of ruin (or account elimination in this case).

      Best –

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  24. theedge111

    NIKE miss. Margin costs rose more than expected thanks to the bearded clam’s idiocy. It’s time to motorboat Meredith Whitneys tits as the state solvency crisis hits Wall St right upside the head.

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  25. Popeye

    Fly: Followed your advice on MOTR. OK so my limited analysis did not even come close to your experience, wanted to follow you on one and you were correct. I also picked up FAS a few days back. Just want to say it has been a very good day.

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  26. buylo

    no way you are up only 1000%, according to my calculations it should be closer to 1400%, my Congratulations Senior!

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  27. UpdateMuch

    Just popped back in to provide an update on my charts. Merry Christmas! Happy New Year! Heading out now with family.

    http://chartingsense.blogspot.com/2010/12/super-update-1221.html

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  28. Dr Genius

    1000% in 12 months? That is some risk that you took there. Prop to you though for having the balls to stick to your conviction.

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  29. theedge111

    Props to the fly. He’s got this black box trading shit down pat.

    Impressive to watch. Not sure how much longer the black box game will be played but there is a lot of money to be made once you know how these algos move.

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  30. hammy

    ten bagger for your whole account? fly, you are a freak.

    this site is bookmarked because it’s a wonder to observe someone who is the best in their element. bravo zulu

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  31. heaterman

    The end is near….The Black Swan has taken flight and is about to land and this is the sign.
    In the merry old state of Illinois, state troopers are pulling up the the gas pump to fill their patrol cars and their state issued credit cards are being declined. Legislators are being evicted from their business offices sue to nonpayment.. It’s coming gentlemen. It’s coming soon to a state near you, maybe yours.

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