SPECIAL EMERGENCY UPDATE: I NAILED THE BOTTOM. Someone please schedule my CNBC interview. “Famed internet blogger calls the bottom.”
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This is a wonderful business. I get to witness a market crash just about every day now. Here I am trying to bottom fish, showing a modicum of confidence in this wretched system and BAM: off with my mustache.
For me, the conundrum is the fact that valuations are so cheap. We are in crash mode here and people don’t give a fuck that Intel Corporation [[INTC]] or Google Inc. [[GOOG]] are as cheap as a Bronx hooker.
Every asshole I know, including the strange men on the t.v., say “we need to retest the intraday lows of last Friday.” Fuck you sideways.
Now that everyone is saying it, of course it has to be done! It’s a self fulfilling prophecy.
I am just pissed off because I’ve been wrong buying the dips. I should have been chasing the momentum down. However, again, the valuations are just absurd. I am very, very bitter.
Where’s oil going? Does anyone even need oil rigs anymore?
Transocean Inc. [[RIG]] and National-Oilwell Varco, Inc. [[NOV]] are going to have to lay down their rigs and let them rust in the mud. Homeless men will live in them and use them as urinals.
It could be worse. I could be fully invested.
I was going to buy more [[UYG]] at $9. Fuck that. The way this market is trading, I’ll be able to step in at $2, today.
I’m going for a walk.
UPDATE: Holy shit in a bonfire. WE’VE BOTTOMED!!!!!!!!!!!!!!!!!!!!!!!!!!!!
NOTE: I will continuously say “WE’VE BOTTOMED,’ since I will eventually be right. After nailing the bottom, “The Fly” will go on the teevee and tell people how smart he is, and shit like that. I will go on the teevee with my white flowing robe, leather sandals and have my trader/servant carry “THE iBANKCOIN STANDARD” onto the CNBC set. It will be quite the scene.
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Buy when there are mustaches on the street.
Insightful as always, Fly.
Think I could appreciate it more if I were not long up to my eyeballs.
Try not to step on my carcass when come in at the bottom!
Nouriel Roubini is having a Facebook meltdown with Nick Denton.
This is teh awesomez.
My ass is now permanently puckered and i’m shitting out my bellybutton. Off to buy some more CVX, lates…
All hail the panda pic!
Coal stocks are green. Just sayin’…
Fuck this game.
Im taking my ball and going home.
Fuck everyone.
I wish you all nothing but misery and failure in your fuck bag life.
Although, I kinda have a feeling we rally today.
Maybe Ill hang out just a little more but if this shit doesnt go up, give me my ball and again, fuck off.
Die slow.
http://www.rallymonkey.com/video/kenindex.swf
Can’t wait until either Bush, Paulson or Bernanke show up on the tube to tell us all is ok. That will take us to fresh lows. Fuckers.
Yeah, there was some loose talk about “clean coal” in the debate last night, mebbe good for a bit of a one-day bounce in the sector
Fuck coal. FXP Pandas run on plutonium.
I will be buying a shit load of drugs this afternoon. Once my dealer gets out of work, Ill be loading up on:
5 eightballs – its so good its yellow
1oz of chronic
100 80mg oxycontin
50 valum
50 percs
50 vikes
6 viagra (just cause it’ll be tough to chubb up on all that shit)
Who cares if you do drugs and your family thinks you are a junkie. Does it really matter anymore. At least you will feel good.
We’ve been crashing for way too long. Confidence is shot. The general public has no interest in the market at all. And why should they? Hedge funds are in control, brokerages can’t do shit right now, and anybody investing long term (aka more than a fucking week) is getting killed.
Chris Cox is MIA. No perpwalks.
Bernanke is an academic. He’s giving speeches like it’s al over.
Paulson is… ah, ah, uh, w… well… ah…
And there is no leadership anywhere.
A rolling stock crash is like a rolling stop at a stop sign. Eventually there is a final crash and then a repair.
Back to the Beaver (Leave It To).
coal & natty are golden at these levels – anything domestic energy will rock when this thing turns
LOL @ Gold!!
Hedge funds are in control,
There are some left?
As of now, I am in charge in the White House.
Bitches.
Watch V, its flipped the upside switch.
Watch V, its flipped the upside switch.
Pos. divergence. DJIA went down, but Q’s,SMH,KRE didn’t.
“I will continuously say “WE’VE BOTTOMED,’ since I will eventually be right. After nailing the bottom, “The Fly” will go on the teevee and tell people how smart he is, and shit like that.”
Love it. Excellent idea. They can call your new segment with Erin Burnett at 2:40 pm on CNBC Stock Buzz with The Fly, and Cramer will have to take a hike. I have a dream, and in it, Cramer is gone.
CNBC SPECIAL NEWS UPDATE- “Famed internet blogger buys on dips like an asshole”
I called CNBC and scheduled your interview. They want you on at 1:00 AM right after the Billy Mays infomercial for the Garden Weasel.
Oh yeah, right, it’s a real fucking bull market out there. Shit for breakfast.
Boca,
thank you for the pants.
I enjoy nailing the bottom from time to time mythelf.
I’m trying to quit smoking. I’m down to two butts a day.
Fly,
thank you for pointing out dig.
Trader Caddy = LOL “garden weasel”
Classic
I prefer gerbils.
I nailed a bottom once. It was in a gay bar.
Anything and everything that hits 80 goes to 120. So the VIX will go to 120, no?
credit crisis, what credit crisis????
i just called my credit card company to find out about a charge on my card…
after they solved the problem, they asked my if I wanted a check for $20,000 at 0% till july 09 with a $99 maximum fee!!!!!!!!
i swear to god.
this is nuts.
I was at a gay bar yesterday. The men there were really polite. They kept offering to push my stool in.
I told you guys to wait to rally til I got back.
I just bought shares of SSO at 28.
Market crashes and homos…great, time to roll out the rainbow flag on the home page fly?
MOS is coming back!