22 Responses to ““The Fly’s” Bank Analyst Takes Down a Bank Bull”

1. Crude Broker Says:
   

   Christopher Walken is a badass.

   May 7th, 2008 at 2:38 pm
2. chris walken Says:
   

   short LEH

   May 7th, 2008 at 2:41 pm
3. DB Says:
   

   I look forward to watching that happen to Citi.

   May 7th, 2008 at 2:42 pm
4. idealxcynic Says:
   

   so do people still think oil is going to $200? if it does, it won’t be because of supply/demand problems. there’s tons of that stuff, it’s coming out of my backyard right now.

   May 7th, 2008 at 2:54 pm
5. gappingandyapping Says:
   

   Fly how bout shorting some more LEH.

   May 7th, 2008 at 2:54 pm
6. The Fly Says:
   

   I did this morning. I do it every morning, with my cup of Monster.

   May 7th, 2008 at 2:56 pm
7. Kiwin Says:
   

   What is that gun you are wielding? It has to be something like a .50 Desert Eagle, I’m sure Dpeezy could give us all the info on that, like street value and shit.

   May 7th, 2008 at 3:04 pm
8. Crude Broker Says:
   

   Short MER, they have a shitty structure over there. They just let go of some Houston traders that lost a ton of money and the group stands to lose a lot more I hear. A lot of MER traders were short wti and gas contracts. Also they were long the gasoline/heating oil summer spread (which was a safe haven for years), except for this one. Lost a ton of money, and owe a lot of money. Drop in the bucket some may say, however, a Subway sandwich shop is much more effecient than their operations.

   May 7th, 2008 at 3:05 pm
9. The Fly Says:
   

   “The Fly” walks around with a shotty, underneath his overcoat.

   However, in the summer, he goes with the rambo knife.

   May 7th, 2008 at 3:07 pm
10. The Fly Says:
    

    Crude:

    What say you on NGAS?

    May 7th, 2008 at 3:08 pm
11. Jason Says:
    

    Don’t forget to slice and dice….

    May 7th, 2008 at 3:08 pm
12. Uncle Sam Says:
    

    SKF closing above PAR, nice pull Fly, lock & load.

    May 7th, 2008 at 3:12 pm
13. JoeyBagofBinky's&Boppy's Says:
    

    The asshole dip buyers are lurking.

    May 7th, 2008 at 3:15 pm
14. DB Says:
    

    I’ve been having a great run in nat gas with CHK and APA but now that Cramer is hyping the stocks I might have to sell.
    Goldman just came out today and said there will be a potential shortage come the winter and the price is well below oil. Not to mention there is plenty in the USA and it burns cleaner than just about anything else. Fuck I can’t believe I agree with fucking Cramer.

    May 7th, 2008 at 3:19 pm
15. gappingandyapping Says:
    

    Shotty’s rock but again I can’t turn down the Glock 27 in my shoe.

    In market news the SPX looks to be setting up for a reversal pattern to the downside if we close near our lows. 1405? Going going gone, support is now resistance.

    May 7th, 2008 at 3:20 pm
16. JoeyBagofBinky's&Boppy's Says:
    

    Looks like the asshole dip buyer’s just had a diaper blowout. Speaking of that….

    May 7th, 2008 at 3:26 pm
17. No One Says:
    

    Are there any important companies reporting today anyone know of?

    May 7th, 2008 at 3:26 pm
18. Crude Broker Says:
    

    Well, I’ve noticed you’ve been in NGAS before so you may know the fundamentals more than me. I do think natgas is underpriced and the technology coming online gas cos have access to is impressive. This allows companies to get a ton of gas out of little tight spots, more so than in the past. Looks like that is what they are after. I like it. Chart looks good. Buy it, because you can, you are The Fly.

    May 7th, 2008 at 3:28 pm
19. JakeGint Says:
    

    Crude, do you guys use the Genscape feeds on your trading floor?

    May 7th, 2008 at 3:30 pm
20. JakeGint Says:
    

    Stay away from it (NGAS).

    You want a fucked up Bazooka Joe stock then go with IOC, which went “Bazooka! Joe!” yesterday.

    May 7th, 2008 at 3:32 pm
21. Crude Broker Says:
    

    We use FuturesSource and ICE. I am sure there are better ones than FururesSource but they seem to work best with Excel spreadsheets etc.

    May 7th, 2008 at 3:43 pm
22. JakeGint Says:
    

    Crude,

    Genscape is a little different, more pure information for energy brokers, especially grid and gas brokers.

    It’s more the equivalent (on the stock side) of a “buyside” research subscription feed.

    May 7th, 2008 at 3:53 pm

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