iBankCoin

Whimsically Wonderful

After a good night’s rest (3 hours) and a hot cup of earl gray tea (honey & milk), “The Fly” is renewed, ready to accept fresh battle axes to the cranium–if need be.

I’ve forgotten yesterday’s nightmare and now fix my attention on several singular items. For example, I have to move inside of 3 weeks, yet haven’t packed a single box yet. Also, I’ve yet to secure movers. Back in the old days, my friends and I would get inebriated and move the stuff ourselves. However, those days are over, thanks to my desire to avoid hernia ruptures. On top of that, Mrs. Fly has about 2 months worth of renovations scheduled for the new house, which all but assures my life to be hell for the duration of the summer. So, oddly enough, my life isn’t going to get any better–than right now– for several months down the road. My losses are superfluous and mostly exaggerated obstacles.

I am teeming with gratitude to still have 5% gains for the year. It could be a lot worse, as you know.

There is too much noise on the internet. I find it to be a place best suited for trading gorillas, addled with personality flaws, interested in meaningless schoolyard antics–child’s play. I am going to sloooow things down a bit, focus more on longer term market calls, less on the caprices of day traders and market vagabonds. It is nearly impossible to swing trade these days, some do it with proficiency. Once upon a time, I specialized in short term trades, targeting the fastest and craziest stocks that were traded, until I blew myself up in a most horrendous stock market accident (no large marge).

Trading ahead of the Greek election is risky. There is always the chance the elections can produce a positive outcome, so it’s hard to remain bearish on the catalyst. After that is the Fed meeting, something that is sure to keep everyone on edge. After that, I’m afraid the market will be on its own, not exactly a desirable trading environment. The big move higher, if it’s going to happen at all, must occur within the the next three weeks. That’s what I am positioned for.

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34 comments

  1. razorsedge

    was lookin at the volume on friday, humm banksters pushin up the mkt, because they knew it was a done deal?(spain)

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  2. enfuego

    Pure and utter rubbish mixed with a dash of bullshit…

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  3. decklap

    Tea? With milk and honey…..? A guy could get a reputation.

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  4. acehood

    only 3 hours?

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  5. gomer_pyle

    Fly,

    Allow me the plaisure of recommending Hong Tong Movers to ye. Theyr’e the finest chinamen that $USD can buy, for a quality moving experience. Stubby mexican chinese come to your house to pack and move everything for you. Great selvice

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  6. Beat PDT

    Moving sucks. Almost as much as the market right now. Longer term is definitely a more “healthy” approach. (no heart attacks)

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  7. Po Pimp

    No downside with the Greek elections. Even if they go full retard and elect the wrong dudes, it’s nothing a few well-placed drone attacks can’t fix.

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  8. Anton

    Having just done the moving thing, I urge you to horsewhip the best contractors you can find on Angie’s List into completing as many interior renovations as possible — especially floor refinishing, painting and electrical upgrades for home theatre (sic) & security — before the movers move you.

    Be sure to give Steve the Neighbor your forwarding address.

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  9. zortrades

    Moishe’s moving

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  10. Dog

    Increased chance of stroke if you don’t get enough sleep…just saying.

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    • The Fly

      Excess sleep is equal to obesity

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      • Dog

        I agree, too much sleep is bad. It’s a balance just like everything else. I get about 7 hours and think that is ideal for me. I just think running on 3 hours sleep day after day can’t be good. Sounds stress related but you know yourself and what you are capable of. Good luck on the move.

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        • alf44

          … he has been known to indulge in the occasional “power nap” … which is healthy !

          Just sayin’ …

          .

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  11. ckalt

    use Yelp to find your movers. I did

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  12. jimmy_two_times

    Get yourself a 20ft container. Load it with your household goods and then store it at a secure site whilst your renovations are completed

    Add at least 15% in time and denairos to your reno. The contractors usually start hard out of the gate then things slow down, especially the time it takes to choose tile colours etc., not to mention some audible changes that you will make along the way – just because.

    Good luck on the reno. We were lucky enough to have out old house close 2 months following closing our new place. It was still a nut house.

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  13. flyaway18

    I happen to notice Alf among your “Prisoners” in the IBC Game column. Now that is really funny to see the prisoner line-up and how much they are in the red.

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  14. ruggyup

    News today re: ‘exosomes’ and Aethlon’s Hemopurifier should be a catalyst for the highly speculative AEMD.

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  15. Marc David

    Fly is the exception to the rule. You still hitting the weights Fly at some unusual hour?

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  16. Marc David

    Glad to hear it.

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  17. Dre

    Long core idea FSLR got long this A.M

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  18. Yabollox

    Spend 21 hrs a day analyzing markets, hire some big dudes to pack your shit and move. Take care of the valuables yourself.

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  19. the boost

    not a motivated buyer here , bearish or bullish …think i will make a pest of myself here at home

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  20. bluenextbear

    master fly – you clear those distractions off the plate and you will be back to snorting bathsalts and shoving twits into murderholes – trust

    your carefully cultivated skills are like those of a professional athlete – the market demands you suit up and be hard every time you get in the chair else you find a scrode splitting wedgie in your PnL –

    if you’re having wood floors refinished have them done before you move in … no matter what –

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  21. Blind Read Ant

    Another classic M. Fly.

    Merci.

    (w/emph) Inebriated moving – herniated disk – RFLOL.

    Nada personal naturalmente.

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