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
21,395 Blog Posts

Time Machine Special: Friday’s Jobs Numbers

They will be horrific, thanks to the fucking snow and shitty economy. Men dressed in burlap will throw themselves into lit fireplaces, so that you may choke on their black smoke, emanating from their carcasses.

I must admit, as of late, the whole blogging thing is fucking boring me to death. Everyone has their motivation, whether it be through gaining power, popularity or money. I desire none of the above. Sure, I like money and the fact that iBankCoin pisses on the competition; but it gets old. I am surrounded by sheer incompetence, every where I go. The inadequacies of others, in general, denigrates quality of life. These days, no one takes pride in their work. They don’t contribute to anything, only take away. For every person that adds value, there are 10 who endeavor to take it away. There is something to be said about the internet and how it is a cross-section of life. People should go back into the fucking matrix, or die sooner; that’s all.

On Jupiter’s Stone, the market is topping here. How do I know?

Well, do you ask a fish how does it swim or a bird how it crashes into airplanes? Of course not, so quit asking me “why”?

In the big scheme of things, we’re all crack heads, playing “follow the bee” in Times Square. I meant that in the most anecdotal way possible, as you know.

Top picks:
[[DRR]] , [[TLT]]

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52 comments

  1. Cash Is King

    Loved that post.

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  2. Le Fly

    Capnweb

    To each his own. I am different because i write better and oh yeah i invest better.

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  3. Le Fly

    How’s this for edgy: you’re fucking banned.

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    • Woodshedder

      Cool. You need to ban people more often.

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      • Dani

        Banning bottom dwellers is fabulous. They are already taking up to much oxygen on planet Earth, don’t let them take up ibankcoin’s oxygen as well…….

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  4. Le Fly

    Common

    I didnt say we would crash. That’s stupid.

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  5. Le Fly

    I hire illegals for that

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    • DMG

      As a long time advocate of political correctness, it is imperative you refer to them as ‘undocumented workers’.

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  6. Le Fly

    Fish

    Maybe. But we are still going lower

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  7. Rand

    No curse pledge? Hahahahaha

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  8. Bob Dylan

    My friends from the prison they ask unto me, how good does it feel to be free? And I answer them most mysteriously: Are birds free from the chains of the skyway?

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  9. Scarface

    In the big scheme of things, we’re all crack heads, playing “follow the bee”

    Ain’t it so true

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  10. Po Pimp

    FIG

    Had to get that in at least once.

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  11. Larry

    All the lackies in the job world looking for a free handout!
    Get a real job, and go eat a sandwich.

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  12. scott

    But Fly, bad news is good news. Bad news means mo free money. GOOD news means markets must stand on their own 2 feet! Can’t have that…

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    • TA

      Scott, good point

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      • myke

        couldn’t agree with scott more. bad news is good news. good news is ok news. bad jobs # = green shoots for free cash, low rates and fudged profits for all. team fail!

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  13. ecchymosis

    I also used to feel like that, Dr Fly, but heavy doses of Prozac straightened me out!

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  14. TA

    The Fly has not been the same since he stopped kicking old men down elevator shafts.

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  15. Working Man

    Know this Fly — you add man, you add.

    I’m a writer, I know of what I speak.

    And the combination of your skills is a pleasure.

    Peace to you and yours–

    Might be time to break out Ol’ Blue – Mets style.

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    • CapnWeb

      I stop by now and then to observe this insane asylum and it pleasures me not. Fly thinks… maybe if I am different than the other worthless bloggers and I say Fuck alot, I will garner a huge following be able to convince the unwitting to pay for the incredible PPT. A group of wanna be writers demonstrating their boredom with life and the markets… babbling about what?? Live your fantasies well. It takes all kinds in life and I repsect them all… to an extent. How edgy…. now you fucks get back to whatever it is you do.

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      • TickerTard

        CapnWeb you need to change your name to CapnObvious.

        This blog sees angry trolls like you like a fat man sees sheets of toilet paper. How’s that for vulgar writing?

        Now go back to installing U-verse for AT&T.

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  16. manuelstop

    Get a grip man…It’s the beans, the cold and seasonal affective that’s the mind robber. The reglas hea got ya back. Keep it up and you’ll start thinkin EWT, sunspots, or some shit like that…We still have the Canadian blog games coming up.

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  17. Common sense

    Fly,

    One of your funniest posts IMO. But your new apathy may color your shades a little too dark. I use to think stocks were the biggest ponzi scheme and suckers game in the world. But then things like earthquakes, PIIGS crashing, euro tanking, China bubble stuff started happening and it got me thinking that the good old relatively honest U.S. stock market is relatively sane and in comparison maybe even valuable. Who knew. Cramer comes out with this same story tonight but this was obvious to many investors that last 30% up. And not if but when inflation comes in our old age are we going to count on our gold bars or iron pellets buried in our back yards saving our butt. Warren Buffet is betting on railroads, what choice to we have. We had our crashes already, 2 in the last 10 years. It is probably either sideways or up for years to come, but like you said never invest more than you can afford to lose.

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    • Buckeye Bob

      Never watch the loud mouth, but I read his show commentary after this post. Holy crap, I almost agree with Cramer.

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  18. Cramer's Mom

    Everyone should watch my son’s show

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  19. arch

    i try to give when i can, in return for what is given….at least i try

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  20. JohnF.Kennedy

    Hey that’s kind of like my line:
    We need men who can dream of things that never were and ask “why not?”.

    Now if you can go back and pick me up in your time machine so I can get to 2010 and kick some ass in D.C.

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  21. GeorgeBernardShaw
    GeorgeBernardShaw

    No. Fly’s question re: “Why” is more like my line:
    “Some men see things as they are and say why – I dream things that never were and say why not.”
    And no need to pick me up in your time machine. I would rather be dead. The USA is so screwed.

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  22. Dayman

    Red pill or blue pill…

    Maybe take some time off. Go visit another country and get drunk with the locals at night while building a house during the day. Nothing clears the head better than working with your hands and getting away from everything you’ve known as familiar.

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  23. Freddy Fishsticks
    Freddy Fishsticks

    Everyone and their mother has been talking about how Friday’s numbers will need to be discounted due to weather, etc. Seems to me this is a no-downside trade. If they’re terrible, we all saw it coming. If thy’re not so bad, then well then, that’s great. Get drunk, buy stocks.

    I just have trouble looking out into the horizon on the bloomberg economic calendar and seeing any sort of “that’s a big day” days in the next 10 days. And we’re out of earnings season. So unless “Greece 2” comes out nowhere, I dont see this correction. Just a bunch of chop. I’ve lightened up my short term holdings like you, but still…

    Of course, this all assumes the market moves on news and fundamentals, rather than “nazca lines on that thar computah screen”, like so many seem to imply around here.

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  24. Maelstrom

    Market needs to correct, very sluggish seems to treading water ..can t see them letting market get trashed till after mid term elections are over. Not much money coming in just shifting…who knows, just my thoughts..Good luck all

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  25. Dirk Diggler

    FAZ it up James

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  26. Tim

    Fly,

    I work in a fairly serious office and often read your posts during my lunch breaks. Sometimes I find it hard to control myself from having fits of laughter due to your insane humour and people around me wonder whats going on.

    Keep up the good work Fly. Thank you for humour, it adds colour to my days.

    Tim

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    • howie2092

      Agreed. Fly, your posts of late are especially good. I too work in an egregiously sober office, and your laugh-out-loud posts catch me by surprise – often with a mouthful of grape soda spewing onto the screen.

      “Men dressed in burlap will throw themselves into lit fireplaces.” Indeud.

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  27. MX2101

    I enjoy reading the tabbed bloggers and posters here who have something to say, especially since many are good writers. A lot to learn here and maybe contribute something along the way…

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  28. ibankcoinfan

    Ibankcoin is the best site out there.

    Let me ask you something. In the last 12 months, which site would you have wanted to follow. Ibankcoin or the other trading sites out there? Which site has given you the best calls and with logic that you can understand? If you followed Ibankcoin these last 12 months then you would be up up up. Hey, it has not been perfect and not every call is right, but its been better then any other site out there.

    Ibankcoin is about trading the markets. Its not about chatting, its not about shooting the shit, its not about fooling around…The Fly is here for business and making money.

    He guys. If you are trading for real, not paper trading, then this is the place to come.

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  29. Heaterman

    Jupiters stone………..indeud!

    One of your better posts that did generate what could be termed a large smirk at the least.

    I read somewhere today on the www (Wierd Al’s own internets) that unemployment #’s were projected to be an additional 20K for Feb. We’ll see if it gets revised.

    I’m not overly optimistic about Mother Market especially with the “drive season” raising the specter (not Arlan) of a greater number of our hard earned $$ going overseas to pay for fuels. People hate that >$3.00 price like hell.

    More adult males in the 25-45 range are unemployed than at any time in our history from what I read. That ain’t gonna cut it. The fat lady has yet to sing.

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  30. Braveflaps

    I won’t short in size until Dr. Fly makes a no curse pledge.

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  31. Slaying Dragons

    My day would be much less without the banter and humor of “The Fly”

    This market is fucking tough right now. It’s hard to maintain a high level of motivation when things are just not moving.

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  32. Woodshedder

    Fly, don’t let Obamacare get you down. It won’t kick in for another 4 years anyway.

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  33. FUCK DUKE

    Any other Terps fans out there??? fuck Duke!!

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  34. YaBollox

    So there was snow and some shit, and the numbers will suck. Okay fine– then the next bunch of numbers will be after the snow and shit, and they will rock by comparison. Let the f-ing market drop and then buy in for the next batch of stats.

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    • Originality Police
      Originality Police

      You are surely the only market participant to think of this. KUDOS

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  35. victor wang

    Market can be manipulated, comments can also be manipulated.
    Look at the charts before 87 and 29, about 6 months lead to it.

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  36. Alvari40

    Thanks Germany….thanks cold weather….thanks QID………

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  37. Officer Frank 'Ponch' Poncherello
    Officer Frank 'Ponch' Poncherello

    I must admit the Fly has been quite witty lately.

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