ALL HOPE IS LOST
This is it. Quit loving America, for she most certainly does not love you. Sure, you love your fucking neighbors/family and that stupid lake that you used to visit when you were a kid. That’s different.
I’m talking about the idea of America. It’s dead, friend. All of the bullshit that you thought you knew is in fact NOT bullshit, if that makes any sense to you. The stewards of our money and security failed us on an epic level and now there is no turning back.
Most of the people that I meet, who are down massively, attribute their losses to “betting on America’s long term viability.” So many people are like Kudlow, bunch of jingoists, who regularly suck the pants off their respective political parties.
Take yourself out of the matrix and see what they are doing to you. Or else, the next thing you know, some zombie motherfucker will sneak up from behind and eat the brains right out from your stupid skull.
LOL UPDATE:
48 Responses to ALL HOPE IS LOST
you and me have been doing jinx posting all day.
My brain is aligned with the Fly’s,ovah heah.
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Any signs that the market is close to bottoming out? Probably still a little ways to go down……
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Oh, no, did Cramer come out and call another bottom? Did Obama declare 110% tax rates? Did the Beard drop $10T in dollar bills out of fleets of helicopters? DID GEORGE LUCAS DECIDE TO MAKE ANOTHER STAR WARS MOVIE?! I CAN’T STAND THE STRAIN ANY MORE!!! What is it!?!
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lol…..
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Its over.
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ITT, right here right now 
Why do you hate Nanny State’s so much?
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Danny’s getting slack,
ape raped and clown raped (possibly Godzilla raped) are yet to be in the iBankCoin dictionary
Why is everyone trying to pick a bottom every 2 days? There’s no sign of a bottom.
Bloated, overvalued bellwethers like AAPL, AMZN and GOOG are still a ways off 52-wk lows. They need to shit the shower.
The VIX still reflects a market with no fear. It needs to ignite for a panic bottom to materialize.
XOM is getting throat-fucked. As the largest weighting on the DOW and SP-500, there’s no way these fragile markets rally while XOM is free-falling down an elevator shaft.
Keep your shorts and be patient.
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Artist
NICE.
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What’s over?
We like Ike (and Howdy Doody).
What is good for GM is good for America.
We can’t let those Commies win the space race with those crazy chimps.
Plus we hear that a young man named Roger Maris will be joining Micky Mantle this year.
clever
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Woodshedder smokes?
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Catch y’all tomorrow. 
P.S. DB just downgraded HIG to “fuck yourself.”
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Phil,
Soooooo, does your place in Brazil have a guest house?
Guest room?
Basement?
Garage?
Utility shed?
Bench in the backyard?
Other accommodations for “visiting” American ex-pats?
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Anton, add:
Air compressor?
Ott,
I’ve always found a tank of compressed air to be the key to all manner of accommodations. A veritable key to the city, if you will.
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Where else can a guy like me sit on his fat ass, push a few buttons, and transfer $3000 from the 401k’s of America directly into his brokerage account in one day? (If SRS crosses $95, make that $4000).
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Anton,
ROFL
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Artist – after the close I’ll add them.
good suggestion on the ape-rape.
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I love America – Where else? My house 
‘cept, I ain’t fat.
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My fellow dudes. This is a great blog to read and luv. I would share it with more people but the ‘porn palace like references’ prevent me from doing so. Oh well? Continue on!!
Looking out over yawnder and I see all clear skies just past Hawaii. Give it a couple a weeks and will rip to upside for a good wack down on the quest for the big O IMHO.
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George W. Bush’s legacy – bankrupting the USA.
Well done…
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DOW 5000….YES WE CAN!!
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Phil,
In the past I’ve made the mistake of getting greedy and overstaying my welcome with my iETFs. In the last 30 minutes, I’ve taken 25% of these off the table for nice profits. I think we go lower but after screwing myself over three or four times, I’m not calling a bottom but I am happy shaving off some positions for a profit.
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The market will only bottom after all those who are “nibbling on FAS here” totally blow out their accounts.
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Covered 1,500 XOM at $65 (my original target 1). Holding the remaining 1,500 for a move to $60 (target 2).
Sold my 2000 DUG shares at $34.05 today.
Continue to hold the following short:
AMZN, AAPL, GS, NTRS, STC, YHOO, HOTT, CPKI, V, BBY, BBBY.
I have no longs.
Only position under water, YHOO, but I still like it.
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If you are long FAZ, watch your patoot going into tomorrow. The risk just isn’t worth the possible reward overnight at these levels.
Ryan
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SRS high = $94.98! Those bastards! Taking money from hard working Americans!
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Who was the dicktard who called the dow going to 3800 this morning? Time to load up on ammo if that is the case.
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Sleepynaptime,
I hear ya. I dont plan on holding indefinitely, though. I built this short portfolio early in the year with a strategy in mind. Until I see the panic conditions in place, via the VIX, for me to cover, I continue to hang on.
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That guy going out for late day small decaf at SBUX.
Screw the fancy names.
That guy is done!
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Fly
Your timing is good in general and i understand you don’t want to pillage the nation more, but i would like to point out that the pillaging of oil stocks will continue.
The oil contango is narrowing, therefore all the arbitrage investment techniques require a further sell off of even stored oil, not just paper. a doji followed by a long red candle = turnaround and further selloff.
A bounce in oil will prove to be a great short again.
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http://www.ogj.com/articles/article_display.cfm?ARTICLE_ID=354768
Interesting for supply/demand from a respected bank.
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damn.. MICC getting just killed today on high volume..
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That’s the funniest video up top, I am still laughing…..because it’s also true, that guy should win an iBankCoin T-Shirt with “Morality has nothing to do with a man such as I am”.
by the way, I want one too. (in grey, L, pre shrunk)
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Wow the “change” is spectacular. Hitting a 6 handle at least keeps things interesting. Thanks “O”! I can’t wait until we “change” to a 5 handle!
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Anyone have a depression-era remedy for an anal prolapse?
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Wow, that was a pretty quick trip from 800 to 700 on the S&P, wasn’t it?
I boldly predict that we are now 100 points closer to the bottom.
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Short AZO with impunity. Shorted 500 at $140 at the close.
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Moober, jumper cables and a car battery.
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That rant from Carolina Guy was totally staged. Didn’t you hear him mention “The Tea Party”
That hitting the radio totally staged….all right wing propaganda
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New Poster, YOU READ MY FUCKING MIND, FUCKER!!!!!!!
I was looking at AZO now in AH. I’ve been watching this stock for the past few weeks. I believe the time is now to start hitting that biatch. I like it as well.
I’m not in yet, but will be tomorrow.
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Artist, tried that. Pleasurable, but ineffective.
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AZO is a bloated pig. Short with impunity.
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The irony of it all is that the walstreeter there uses all those RATM songs as his backdrop.
Well, it could just be self referential as well – the free market defender using Zack de la Rocha’s lyrics as a counterpoint to his anger positing the two sides of a dialectic of fury against a system that has failed.
Or he just doesn’t believe in reading lyrics.
Just saying…
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