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
23,433 Blog Posts

Nonetheless

I remain steadfast in my ability to endure major market corrections to the downside. The following is an interview of sorts, for your reading pleasure.

Do you know why “The Fly” is able to withstand such dastardly market action?

Answer: Because he has made so much fucking money over the last 5 years, this shit is simply an after thought.

Do you know why “The Fly” is so fucking confident?

Answer: Because he has a “calculator brain” and is never wrong, ever. He wins when he loses and wins twice when he lost. In a word: WHERESMYROOTBEER?

When will Le Fly start winning again?

Answer: As logic dictates, since he is in a perpetual state of winship, he is winning as we speak, despite what you may or may not think.

Are other bloggers even worth reading these days, aside from the Godly folks on iBC?

Answer: No.

Final question: What have you learned from the trading action of 2010?

Answer: Nothing. I already knew that shit (speeds off, from the comfort of his 80’s style stretch limosine).

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26 comments

  1. Wall$treetKid

    Thanks Fly, i read your posts everyday.. You have inspired me as a trader..

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  2. Yes Man

    FIG

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  3. Wolfschanze

    Thoughts on GWW? To stubborn for the 100 roll?

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  4. Richy

    Looks like the 52 week bill auction at 11.30 trashed the dollar. Flaming burlap everywhere right now……

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    • JakeGint

      It’s a shame, Timmah just had that Mercedes knitted from prime burlap yarn, too….

      It was the arrogance of thinking he could do “Flaming hoop” jumps that got him, I think….

      _____________

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  5. Alvari40

    CNBC – Fucking Retarded.

    Long FCX, USU and FXE working

    BTW – shallow pullback here on the NQ sets up a nice inverse H&S on the 5 min chart for afternoon enjoyment.

    BUY SHIT!

    UNG is gay.

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  6. JakeGint

    LOL… dollar down 60 cent. That’s ten cent more than the best rapper from Jamaica (Queens).
    Buh bye buh-bears.

    ______

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  7. zerobeta

    Saw men in burlap speeding away in a 1988 Dodge Astro in Midtown. Developing…

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  8. V.King

    Wow wee shit….
    BEIJING (Reuters) – Senior Chinese military officers have proposed that their country boost defense spending, adjust PLA deployments, and possibly sell some U.S. bonds to punish Washington for its latest round of arms sales to Taiwan.

    10.10.10 very binary

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  9. Alvari40

    Ya know…..I am one to watch a show like Fast Money every now and then – primarily because I rather not return calls to clients after the market closes. Come to think of it, I also ignore clients while the market is open. Anyway, friday’s show had all of those goons geeked out about the reversal and jonzin for up moves this week. Yesterday, those fucks all were talking like they have been calling this down move for the past two weeks and that this is exactly what they were expecting. Now, I have been trading for the better part of the past two decades, I know that opinions and positions switch; however, there was something unnerving about those guys yesterday – esp Adami. I must say that I cannot fucking wait to see how they cover themselves today. Petty? You betcha.

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    • wilmer

      My thoughts exactly. I assume that is part of the whole process of selling your soul to the tv gods.

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  10. The Ever-vocal Bear Camp
    The Ever-vocal Bear Camp

    Shit. I just learned how to short stocks a few weeks ago, and now e-trade is all up on my ass about margarin…like WTF does butter have to do with a few bad FAZ trades?

    Whatevs. I just called my dad and he put some more of that settlement money in my acct, so it’s all good. Besides, the charts totally say we’re gonna DOJI reverse and shit up in this biznitch.

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  11. WBE

    My long root beer short burlap pairs trade is gonna help pay for my toyota repairs pikers!

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  12. SteveTheNeighbor

    Neighbor Fly. It was a big surprise running into you at Dennys for the free breakfast. You can understand why I went for the breakfast, because I am unemployed, but just because you have a few stock losses should not get you discouraged. By the way wearing sunglasses and a fake mustache might not work to get you a second free breakfast.

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  13. The_Real_Hmmm

    The Fly is pitching a new prime time tv show to ABC where awakens on a tropical island of dead polar bears. It’s going to be named “WON.”

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  14. Dirk Diggler

    I am sitting at a Peet’s coffee waiting to meet someone, so I thought we could play a little game called “Serial Killer or Child Molester”

    Anyone can play

    Serial Killer or Child Molester? (note, his eyes are much beadier than my camera phone could capture)

    http://tinyurl.com/SK0CM1

    http://tinyurl.com/SKCMII

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  15. T MOE

    Sell off coming

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    • Alvari40

      It will never happen. What you will find out is that everyone wanted to go long all along. Now that money is in and this “news” turns out to be false, you will see that the bullishness stays and by late afternoon it will scare the shit out of the bears and they will run for the exits propelling stocks into the close. Regardless of what CNBC says – fucknuts.

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      • TraderCaddy

        Whether it is bulls or bears it is always fun to watch traders try to go in or out the door at the same time Three Stooges style.

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    • FIG

      No shit… Even J woke up today. Dow up 175, and SRS is still UP! I am kinda pissed about that, wanting to add to my position. The top of S&P is 1100.

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