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
23,468 Blog Posts

“The Fly” Wins Again

Where are the cowards who were talking shit just a few weeks ago?

In case you are unaware, I killed them all, murdered while they slept, suffocated by noxious black fumes.

With gains approaching 25% for the year and nothing but information flow at my finger tips, I’m on the verge of breaking out, yet again. My goal, as always, is to outstrip you. While doing so, I make you look foolish, almost child-like, as your attempts at market mastery come up short.

I never claimed to care about the economy, or the country for that matter. I cannot care about those two things and provide Mrs. Fly with gifts of the gratuitous nature at the same time. Get it?

Good.

Into the bell, I am selling NOTHING. As the summer winds raze fields of dry corn to ash, I bank coin, profusely, long LNN, MOS and CRESY.

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59 comments

  1. Jack 'd

    Aye, Aye! SIR!

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  2. vking

    Burn the fields!!!

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  3. youknowitsme

    I am selling into this POS rally

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  4. surplusdroids

    Indeud. Sold out of NVDA for a nice 6% gain. God bless the stock market gods.

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    • Kirby

      I own NVDA too.

      But i was the retard who bought it at 13 instead of 12.

      So this rally got me back to flat.

      Bleh.

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  5. TeahouseOnTheTracks

    Fly … What’s your avg cost for your RBCN holding? And why RBCN instead of CREE?

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  6. Donkey Arbitrageur
    Donkey Arbitrageur

    There is so much fuel in the form of shorts in both equities and in eurusd that both squeezes could feed off each other for some time to come.

    Don’t forget though… it crashes right after elections.

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  7. clegger_2000

    DDD and SSYS now 3D printing corn…

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  8. Sooth Sayer

    Congrats on your 24th win!

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  9. panamaorange

    Im bearish here for the first time in many months. Romney’s chances are getting swiftboated. That has to be good for at least a 3% pullback from here. Unless he somehow gets Christie as VP

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    • Frog

      Well, if today is any indication, traders are not trading on what’s happening in the presiential election. Unless they’re mostly voting for Obama.

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      • republikat

        I know many folks who did not like Clinton (like me) – and they missed out (not me) on one of the greatest bull markets of all time 98-2000 – foolishly convinced Monica would crash Wall St.

        I have de-conditioned myself to prevent political judgement from missing out on opportunities.

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  10. republikat

    ALJ ~ moon launch

    Have fun in zero G – SpaceX passengers

    I am earthbound waiting for next refueling

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  11. Frog

    Funny how people assume the market needs QE to go up, but then Ben says no QE yet, and the market goes up anyway.

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    • Dr Funk

      So little volume these days, whatever little pomo there is moves it

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  12. FUCKGOLDMANSACKS
    FUCKGOLDMANSACKS

    UAN the fancy gal today while RNF plays the slut. Don’t trust UAN (she is the slut ssshh)

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  13. FUCKGOLDMANSACKS
    FUCKGOLDMANSACKS

    I’ve been talkin shit for 2weeks right here. UAN. RNF.

    And as always…..FGS!,

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  14. xxxHuggieBearxxx
    xxxHuggieBearxxx

    Well, for fucks sake.

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  15. vking

    sold 25% of my CHK…

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    • GotsMoney

      Why would you sell any CHK right now? By November it will be trading >$25.

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  16. Kirby

    FCX earnings tomorrow. I own an utter fuckload. Am I gonna get burned, or stack bills?

    I’m letting it ride either way.

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    • xxxHuggieBearxxx
      xxxHuggieBearxxx

      I own a shit ton of FCX…bought it for the 34 cent dividend and promtply lost $2/share.

      mudderfuckers. we’ll see tomorrow AM

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      • Kirby

        I should have trimmed at 36. Hindsight 20-20.

        Either way I’m still up on my position.

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  17. Mr. President

    Have you begun to drink coffee again, Mr. Le Fly?

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  18. Whaler31

    Senor Fly,

    I have no skin in this game.

    Please behold my warning.

    If you are at +25% for the year.

    STOP TRADING.

    Take your wife on a long, exotic, and expensive, vacation.

    Get your new house just the way you want it.

    Install, and/or finish a high-end home cinema room.

    But first, build an iron-clad safe-room. You will need it during the coming insurrection.

    iBC Readers, mark this post.

    That is all.

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    • To Whom It May Concern
      To Whom It May Concern

      Never give Le Fly advice regarding his wife. He lives by The Gentleman’s Code, and such utterances are prohibited… …further, to raise one’s voice, telling a Gentleman to “STOP TRADING” is truly an act of shame.

      Please conclude your life to be in sharp contrast to Le Fly’s, as he will be overlooked in the coming destruction, growing vineyards, and harvesting grapes from the very soil your carbon atoms will enrich during the insurrection.

      Sincerely,

      The Coming Insurrection

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      • DEATH TO CNBC COCKSUCKERS
        DEATH TO CNBC COCKSUCKERS

        What are your shorts?? At least Bobby Boucher had the gonads to post his.. before TVIX de balled him.

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        • To Whom It May Concern
          To Whom It May Concern

          To speak of floats among thieves & misanthropes is of utter degeneracy. You have been illuminated a shibboleth. One who is not qualified to speak to adults in public, due to ill-manners and poor vocabulary, let alone escape the choler of my insurrection. Only the finest of gentlemen will be spared, living in decadence while being hand-fed informed bids.

          Sincerely,

          The Coming Insurrection

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        • Bobby Boucher

          My balls are still intact, thank you very much. TVIX and UVXY represent less than 5% of my portfolio at cost basis. So the 40% I am down in them combined means my portfolio is down 2% thanks to them. I have some long exposure so I am net short a fairly small %.

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  19. razorsedge

    lol, its easy to talk shit. the proof is in the pudding.if your up ur up, did u sell? or hold to a loss… its not that hard. have conviction but protect ur gains.

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  20. I Like Ribs!

    FLY…zzzzzzzzzzzzzzz

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  21. fake amish

    Watch the prez polls. If the 0 dips we rip as soon as the 0 gets a bump the tape is toast. Nice talk your book(scumbag money manager cnbc bullshit) clam rally today.

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    • DEATH TO CNBC COCKSUCKERS
      DEATH TO CNBC COCKSUCKERS

      Exactly…WRONG market is now getting comfortable with Obama win… Romney has loser written across his face.

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      • To Whom It May Concern
        To Whom It May Concern

        Molière’s character Alceste in Le Misanthrope (1666) states:

        “My hate is general, I detest all men;
        Some because they are wicked and do evil,
        Others because they tolerate the wicked,
        Refusing them the active vigorous scorn
        Which vice should stimulate in virtuous minds.”

        Be Enlightened,

        The Coming Insurrection

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    • I Like Ribs!

      How is today’s action a “clam rally” when he didn’t say anything the “market” wanted? Hey Fake Amish.. you da scumbag talkin book.

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  22. ShortSqueeze

    So…….just watch weather.com?
    Any sign of rainclouds in the midwest and short the crap out of the Ags.

    HFT algo all set and programmed ready to roll.

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  23. I Like Ribs!

    We are Rallying because Romney is fading. If you don’t get this you are truly missing it

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    • xxxHuggieBearxxx
      xxxHuggieBearxxx

      Romney never stood a chance….dude has no personality.

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      • I Like Ribs!

        YES! Right on Huggie (no bro)

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      • Heaterman

        Crying shame that this country has become so intellectually vacuous that its president is elected based on “personality”.

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        • xxxHuggieBearxxx
          xxxHuggieBearxxx

          Heaterman, its always been that way, and you know it.

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    • fake amish

      Actually checking the polls would help you. The 0 is fading currently.

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  24. noodle

    I like this song

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  25. starscream

    Which one of you jokers bought all those IMAX calls today?

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  26. Mr. Cain Thaler

    Why do you guys care who’s president when the US bond market explodes?

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    • Sur Platonic Platueu Du Tecnocrats, B.R.A., D.J.D.
      Sur Platonic Platueu Du Tecnocrats, B.R.A., D.J.D.

      That’s a soft ball question.

      Some of us prefer a “President” to a “Dictator.”

      Quite simple.

      This, naturally, is according to people who have any awareness of history.

      For strict socialists who equally assume burn said books, recklessness is just fine if their bread’s buttered (no no no).

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    • FUCKGOLDMANSACKS
      FUCKGOLDMANSACKS

      Broken recor

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      • Sur Platonic Platueu Du Tecnocrats, B.R.A., D.J.D.
        Sur Platonic Platueu Du Tecnocrats, B.R.A., D.J.D.

        Broke your ______

        Let me fill it – you mom homey.

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