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
23,445 Blog Posts

Going Back to Sleep

By the time you finish reading this post, “The Fly” will be snoring like a baby who just finished smoking a Cuban cigar.

We’re due for a pullback. Okay, are you happy? I’m not going to “fag the fuck out” on one small drop, after such a fanatical melt up. I have my own set of issues to deal with, all pertaining to back office bullshit. Long story short: aside from select tech, stocks are pulling in just a little. If I may be so bold, I suggest you walk away from your monitors, in exchange for something fun—like a nap.

Goldman upgraded my PH to a buy from neutral this morning; but the effects are muted. I am enjoying minor declines in just about everything but FAZ, PH, PWER, FORM and JST.

Off to take a rich man’s nap.

Ciao (the most annoying form of goodbye, worldwide)

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32 comments

  1. WTF

    See you after siesta. That is after 7PM. Send regards to capricorns in the dream land.

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  2. Jimmy Mock

    Sleep well malaka

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  3. ruggyup

    Ciao most annoying? If so, second place or, even too close to call has to be sayofuckingnara.

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  4. ajb_2010

    lmao@ciao…. Ciao is also used as a greeting as in hello, good morning in some parts of the world.. Ciao for now lol!!

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    • JakeGint

      It’s also a very aggressive dog around children.

      ________

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      • DMG

        Lies!

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      • WTF!

        No, yoo spelt it wrawng—-its ciao ciao which is as doubly aggressive around children as New York, New York is great! Btw, this vicious K9 is the 4th dumbest on the stupidest dog list, “surpassed” in lack of intelligence only by the Afghan terrorist hound (#1), the Basenji iranian militia dog (#2) and the Beatles Bulldog (#3). #1 smartest is the Borders books collie presumably because it is well read and #2 smartest is the poodle which irrespective of sex, nevertheless looks like a bitch.

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  5. Billy Bob

    Mr. Fly and Mr. Jake I have monee that I got from slipping on the pee pee at the walmart. This stock market yall keep talkin on about. Hows are you making monee goin to the market?

    yurs sinsearlee
    Billy Bob

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    • go2mars

      They re-Stock at walmart every night. Just go back there, and ask the Manager what he recommends regarding their new “Stock”. If you find a Walmart, near a bunch of other places where you can buy things, you’ll know you are at the “market”.

      Glad I could help.

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  6. drummerboy

    or he smokes a stogy w/ baby during nappy time,ya know,so baby dont burn the sheets.

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  7. Jason

    While Fly sleeps I have tip-toed past him with a briefcase full of GSIT. Sleep well Mosca…..

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  8. Fly Leech

    Wake up! There’s some good shit taking off out there. BORN, JSDA to name a few. You were right the first time, it’s a bubble.

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  9. stinkystank

    lol, nice…

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  10. Bullish

    Rumored $25.00 bid for AXL, not confirmed, stay tuned

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  11. Bullish

    AXL up over 6% based on takeover rumor.

    rumored-25-bid-for-american-axle-manufacturing-unconfirmed-axl

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    • Bullish

      “Deep breathing is one of the simplest ways to relax. By learning this technique one can learn how to relax in a stressful situation, clear your mind and it can be helpful when trying to fall asleep. ”

      I’m staying calm.

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      • Bullish

        I know what you mean but…..
        I can’t help it!!!!!
        I’m just so fucking excited!!!!!!!!

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  12. AlphaBetaBanjo

    I have no time for a rich man’s nap far too much research to do on Hefs offer…I need to re read that Crystal Harris opinion

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  13. Hank Moody

    My schnauzer will fuck your poodle up so bad, we’ll have a shnoodle!

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  14. J Livermore

    Took a nap myself, hit the leather sofa when some positions red, woke up, they were all green. This is easy !!!

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  15. Trading_Nymph

    Go2Mars, Sorry I didn’t respond on the other post, I was napping also. I watch copper, ore, coal etc…in relationship to bonds, equities, f/x. Did you see ore in Dec was 6.5% down YoY to china for imports, along with copper being down on physical imports. China’s New 5 year plan is coming out this year and china govt wants to slow. Yes, they are still giving out money for small appliances to rural people, but auto stimulus is gone and one city last night was talking about imposing property taxes, which they don’t do. China Govt has a lot of issues at the local level with bad loans and corruption. China Govt spent like crazy in 2009 to save the world, the world never really thanked them at all. Yes, they have some energy saving plans, but they are not spending like they did…and historically, they don’t buy copper when the arbitrage trade with LME is gone. BTW, aren’t you bothered at all with the large holding of LME copper by only a few players….smells like bubble to me if demand falls back in China. imho. AA earnings and outlook is what I am waiting for, AA should have good earnings over recent high Al prices, but outlook, heck, China Govt tried to auction off some of their Al at had problems, don’t see AA being so giddy if they are truthful…we will seel…………………JPM Health Conf has a lot of it on streaming audio http://jpmorgan.metameetings.com/webcasts/healthcare11/agenda.html

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