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
21,152 Blog Posts

Get Back in the Dojo

There aren’t any legs to be swept here. As fate would have it, the guy who is calling the market top is getting lured back into the market, slowly but surely, at the degenerate level. Instead of buying mega-cap safe havens, I’ve opted for two companies that should be floating around in a giant homeless man’s pickle jar, instead of my portfolio.

It’s the momentum, the perversion of greed and envy, that will crush you like a mandolin in the hands of a mad ape– every single time.

It’s time for Le Fly to refrain from late inning grand slams, in favour of beer runs and midnight earl gray sessions (honey and a splash of milk). I’ve been here before, many times, over 1,000 years, and it never ends well. I end up having yo clean up my own mess for a solid 6 months, toiling amongst the working class during the hottest of days, sweating like a beast in the jungle, trying to make back what was rightfully mines.

I spit on the stock exchange and shall not waiver in my belief that most of you are going to suffer from outrageous, firm breaking, margin calls.

Good day.

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19 comments

  1. acehood

    You can’t lose what you never had.

    http://www.youtube.com/watch?v=7WZWDeK0_qw

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  2. Vale

    Holy Cow! Bitcoins are up another 100% since last week! mmm… I think everyone should put their entiere life savings into bitcoins, it’s the best investment on the planet. lol

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  3. flyaway18

    I’m noticing some ghetto slang often heard from my students: “yo” and “mines” although I think yo was a typo. I’m also wondering how many knuckleheads went out and bought FSLR today up $13 after you said it was going to $80.

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    • The Fly

      But it is going to $80

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    • The Fly

      I’m noticing you are asking to be banned.

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      • flyaway18

        Fly, I am not asking to be banned. I try and contribute in a positive way whenever I can. When you wrote about FSLR going to $80, I thought about your VHC going to $100 prediction. How many people do you think bought VHC based on that prediction. Mind you, I said prediction. You can tell me “It is going to $80” with all the conviction in the world, the same conviction you said VHC will go to $100 and yet it is still a prediction. Ultimately, as I, and many others have written here, each person is responsible for their buys and sells.

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  4. flicker

    I have not seen a BAN from the Fly in many a moon.

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  5. WilyMike

    Like you, I would advise against any late inning heroics. I am, however overweighted in things Japanese, particurlarly long thier exporters and short thier currency. It would seem that the powerful in Japan would prefer to line the pockets of the well- heeled, in much the same way our friend Ben has done here in our United States. I see no reason to not participate. Perhaps when it all goes to shit (if I may use such a common word) in a few years, the ever more obscenely wealthy amongst us- having preserved the nations wealth in our accounts- may be counted on to dole out pittances to the starving masses, so that we might be called kings and heros. Certainly, the world can trust in me to do my part. Know what I’m sayin, yo

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  6. jimmy_two_times

    Hearing crap like “this market will never go down”, and “need to add some octane, things are good”.

    Those fumes will get you one way or another. Looking forward to buying margin calls!

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  7. The Eye-Talian Stallion
    The Eye-Talian Stallion

    “Recent comments from JC Penney management imply that the company might seek a near-term financing solution to ease vendor concerns and limit distractions for the chain,” the report said. “We expect that last night’s news of a CEO change could accelerate any financing efforts.”

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  8. Vale

    Ok, this is the first thing I’m going to buy after I cash in my Bitcoins … Honey, I’m home, I got an Egg 4 yoU
    http://autos.yahoo.com/blogs/motoramic/hyundai-unveils-future-personal-mobility-because-walking-doesn-150759928.html

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  9. iBitCoin

    This is the Guilder Era 2.0 with the great wisdom of Le Fly and Mrs. Setting the standard of manners and poise. The only investment here is bitcoins in my safe deposit in New Jersey. Yes a place for tact and intellectualism simmering ‘neath the souring apple. Full D.close. long Bitcoins AAPL

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  10. Hugh Hendry

    BITCOIN!

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  11. Testicules

    Time to focus on NorKor and who is driving jr. To these extremes.
    Imagine a hit on SouKor….. Some measly little SAMSUNG Factory for instance?

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