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
23,445 Blog Posts

No Happy Ending

Oh well, you cannot say “The Fly” did not try to be bullish.

Ladies and Gentleman, the bull market of 2009 is over, despite only lasting 2 hours. As you sit there, in your Chinese outfit, sipping on disgusting black tea, you lose money.

Naturally, my Chinese securities are still green (CHL, WX, JRJC, FXI). You might ponder or wonder in amazement, “Mr. Fly, how is that so?” I would tell you, if it didn’t require me punching a jelly donut into your fucking face.

The banks and the CRE shall and will be punished through large capital losses.

People I know, in the business of shorting stocks to zero are pointing their guns at stocks like MAC, KIM or even SLG. Let it be known, “The Fly” aka Senor Tropicana aka HORATIO CLAWHAMMER is having a glorious day, with his longs up shorts down.

To summarize my day in one blog post would be disrespectful to the laws of reason and honour. All of you bottom picking motherfuckers are about to get an early burial.

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55 comments

  1. hammy

    zombie is slow

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  2. Gwar

    ZOmbie, go wash yourseld off in the Potomac… Zombies are stinky

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  3. charlie

    Bear time:

    http://www.youtube.com/watch?v=Ob_oD1IsYbE

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  4. T MOE

    As I stated yesterday, you chance to jump into the funnel. These rallies here and then are nothing more than short covering. There are very little buyers.
    REW working very nice for me since my purchase today at 70

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  5. Pete

    Fly please. I have been meaning to talk to you.

    We, your fans love you. But all you do is abuse us and call us deushbags. I dont know why we take this abuse.

    But if I may ask, plz stop cursing at us, calling us names, abusing us.

    Your loyal fan,

    Pete

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  6. Pete

    The Fly is god.

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  7. Angel Mozilo

    You fuckers bet on the wrong fucking horse

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  8. gappingandyapping
    gappingandyapping

    Nailed it!

    Filled Buy 400 TZA Limit 52.955 — — 10:45:15 02/04/09

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  9. The Fly

    STFU

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  10. Henry Fool

    While it is true I’ve watched idly while my gains dwindled I still have 7 out of 8 positions in the green.

    LOPE AVAV EGO LZR DVAX SWHC PBE

    AFAM still red

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  11. Tojo

    Fly are you shot XOM and long DUG…

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  12. Henry Fool

    Come on Bears

    There’s my list! Sell it short I dare you!

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  13. mdawsz

    THE BOTTOM IS IN!!!

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  14. Ass Napkin Mike

    Pete,

    Shut the fuck up.

    Youre a douche.

    Die Slow

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  15. The Fly

    Market down/China up= Fly wins again.

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  16. JakeGint

    UUP turned back at the 61.8% fib, at least temporarily. ($25.90)

    Watch the dollah, then hollah.

    _______

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  17. Tojo

    Fly short XOM – long DUG ???

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  18. TraderCaddy

    Long JPM @24.18,XLF 8.99.

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  19. sniper6

    shoulda held long BGZ for another $3 upside, fuck, shit, god damn

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  20. TheArtist

    For those interested, The Fuckery will be scheduling a gig for tonight at the DoucheBag Pub and Eatery. ASSHAT will open the show at 7:00. Free crotchless panties for the first 50 ladies thru the door. more developing.

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  21. GW

    Pete that has to do with your matrix and possibly childhood….

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  22. sniper6

    flipping over now, short 100 BGZ @ $68.50

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  23. The Fly

    Not short XOM- just long dug, ery.

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  24. CAP

    COVERED BAC short. Long FAS here.

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  25. Big Mike

    The best thing to do since we are stuck in this bullshit range is to sell puts or calls, while hedging by going long puts or calls at a different strike price…

    Market is too volatile to make a decent coin in common stock…

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  26. Proshares

    Henry you still Long DXO?

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  27. TraderCaddy

    Market is loony tunes.
    Except for WFC,BAC most financials are higher. Even STI which was downgraded.

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  28. TraderCaddy

    Out JPM (+2%)and will ride XLF into the close (or beyond).

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  29. sniper6

    oh, this is gonna be a wacky finish

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  30. dave

    Regions is in the funnel.

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  31. Blow Up

    watching FXP.

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  32. sniper6

    symmetrical triangle forming on BGZ, bitch is chopping sideways in a really tight range now, stopped out of short @ 67.50

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  33. Lady Guenevere

    I dont see AFAM on that list Henry…did you get rid of it or still holding for a loss?

    Some of you guys instead of ridiculing my late night musings and predictions about the market for the next day should try and listen for a change.I TAKE MY OWN ADVISE, and so was defensive today-cash is also a position and I sold off my TNA this morning. My next day predictions have been accurate so far.

    ****************
    Lady Guenevere Says:
    Thoughts about tomorrow:
    When meeting obstruction upon obstruction to achieving your goals you can say it is all bad luck. In reality each setback is a test of character. Can you see the humor in Mother Market chiding and playing with her children?

    Tomorrow is a defensive day, with blocks and obstacles to achieving your goals
    February 3rd, 2009 at 9:54 pm
    Get Your Lotto Game On Post
    .

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  34. Henry Fool

    stopped out of DXO yesterday @2.45 to raise cash I still like it just had no room and DXO got cut.

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  35. TraderCaddy

    What is BGZ?
    No time to look it up.

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  36. sniper6

    TC- Direxion ETF, 300% inverse Russell 1000

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  37. dave

    We need leadership like George Washington. He had two sets of testicles and invented cocaine.

    http://www.youtube.com/watch?v=sbRom1Rz8OA

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  38. charlie

    TC – Crack, twinkie, yam, base, charlie.

    Go on. You know you want to.

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  39. sniper6

    pretty good volume on it today too

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  40. sniper6

    administer in small doses

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  41. TraderCaddy

    Don’t touch the stuff.
    Can barely trade the 2X etfs.
    It’s like playing pinball machines. Pong is more my speed.

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  42. sniper6

    Buy some. Change your name to TraderCorvette.

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  43. Employee8

    What, no WTF close?

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  44. CAP

    If BAC gets nationalized, FAS will go to $5.

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  45. Yogi & Boo Boo

    Paul Volker rally… right on time.

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  46. sniper6

    gotta go, BATF black choppers circling the compound, hate when that happens

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  47. Dague

    The Dow is well over -100 points, but Faz is only up +2%, just dont understand sometimes.

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  48. Henry Fool

    LOPE AVAV EGO LZR DVAX SWHC PBE still green!!

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  49. JakeGint

    Fugghedaboud the Chinee.

    The refinahs are motorboating large fake ones.

    ________

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  50. Employee8

    Like these Jake?

    http://looku.com/view/1000/wow

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  51. JakeGint

    E8 — I am a connaisseur and I declare those yams “reality based.”

    _________

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  52. Employee8

    Agreed

    these too (???)

    http://looku.com/view/988/she-needs-four-hands

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  53. Atlas Vicious

    JakeGint

    You need diversity training. There are no italian chinese

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  54. SRS

    no SRS takedown at end of day today!!..thats interesting maybee the bullshit is over

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  55. JakeGint

    E8 — hard to tell from that angle, but those look genuine as well.

    _______

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