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
23,463 Blog Posts

Complacency

Well, there you have it. Stocks continued to melt up, as investors chase performance. Very seriously and sincerely, this is bound to result in grave repercussions for stock prices. Imagine the market being a giant see-saw, with all of the people on one side. They are feeling all good and shit about life, because their end of the see-saw is lowered into warm chocolate. They are partaking in many grotesqueries, orgies, gobbling down huge amounts of chocolate—things of that nature. They are swimming in the chocolate, as the other side of the see-saw is just stuck in the sky, vacated. Things look great, as the prospect of being pulled out of the molten chocolate is slim to none.

HOWEVER.

Out of nowhere, a fucking space shuttle appears, shining its stupid LED lights on all of the orgy lovers, who happen to be swimming and eating in the molten chocolate. Suddenly, a great big ape, of monstrous proportions, is dropped onto the vacated part of the see-saw—changing the “balance of things.” Instantly, all of the free spirited chocolate covered people are flung into the sky— and devoured whole— by the giant chocolate covered ape, who happens to love the delicacy of “chocolate covered asshats” with unending vigor.

[youtube:http://www.youtube.com/watch?v=KIiUqfxFttM 616 500] If you enjoy the content at iBankCoin, please follow us on Twitter

44 comments

  1. Fig

    Fly… U have lost your mind. Last Nov-Dec you were pounding on your chest screaming dow 10,500. Do u really think u are that good? 3-5% is pretty damn precise, No? I give u credit for nailing this market on the way down and the rally back. But seriously…..

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  2. Le Fly

    Tell that to the shareholders of x, cmi and gmcr, as they are celebrating naked in their respective harems

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  3. Dr. Evo

    LMFAO, FIG.

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  4. Yogi and Boo Boo
    Yogi and Boo Boo

    Instant classic. CHOMP! CHOMP!

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  5. TA

    The leaders say we still move higher, today’s action was bullish.
    Ignore the noise, focus on the price action.

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  6. Great Unwashed

    Thank you, Mr. le Fly, for putting this market into terms I can understand.

    This is good stuff. The Fly’s dire warnings are more fun to read than his gloating.

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  7. Bow Tie Fucker

    Or when Chocolate hits the fan…. but this sounds like a story from one aged more than 47.5 named DEVILDOG.

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  8. AI

    lol in the meantime enjoy the orgy

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  9. ZenProfit

    When will the iBC Store have Chocolate Covered Asshats for sale?

    What size containers do they come in?

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    • The Fly

      EXTRA LARGE.

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      • mrsbuttons

        what’s a little seratonin between friends -you give no time frame -do we check the spot prices on cocoa?
        the fix is in… your story is good -why not kick back and not try to overthink it? Fade the vox populi…

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  10. Rip Roaring Bull

    Trying to anticipate a pullback in a bull market is a losing game. It is better to stay on the ride until an actual pullback starts and then lessen exposure? I do know one stock thst I intensely hate – CPE – I looked at it at 4 ….then 5…..then 6……AWWRRRRAAAHG!!!!!!

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  11. bigmovingstock

    not to mention, that Ape probably downed about 15 cups of extra black bean, and let out a massive belch which contained billowing black smoke before overtaking his victims

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  12. Newt

    That post was so funny I had to read it twice.

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  13. Dayman

    One of my co-workers at the Subway Sandwich Shop scoffed at me when I said to buy stocks. Said they had “come too far too fast” and that we are going to “crash any week now.”

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    • Sebaco

      Most retail investors feel this way.

      It’s a great contrary signal that this market could be heading to 12,000 in short order as inflation is tame, interest rates are at 0% and the government keeps all of the social programs going.

      But the Fly has a good track record. A week ago he said the market has 100 pts upside and 900 of downside.

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  14. No One

    And then someone realizes,
    that is not warm chocolate they have been in,
    but it’s a big warm pile of sh**.

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  15. Sam

    Surreal stuff, monsieur. I chuckled.

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  16. surplusdroids

    A great piece.

    “grotesqueries”…that shit is the mother’s milk.

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  17. Common sense

    The recent market is a tranquil pool of ignorance. The Fly’s latest comments and analogies are like songs that ring with clarity and sanity and their music pierce this surreal fog of a market. In other words, the Fly’s comments have never rang more true. Those who choose to ignore him will rue the day.

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  18. gregoryajohnson

    My 3yr old loved this bedtime story tonite. Le Fly giving sweet dreams to kids across the land.

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  19. dumas

    This post is a shiny example of why I come here, day after day after day. Entertaining and informative.

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  20. ideal420

    If ever there was the use of a phrase that denoted genius, “chocolate covered asshats” is it!

    Luv it.

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  21. Gary_UK

    Sometimes I do mock The Fly.

    But today he paints the perfect picture of this market. And it made me chuckle.

    Now, what will cause that Space Shuttle and giant ape to glide into view?

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  22. Purdy

    The public has not joined in anything that could reasonably be called a stock-buying orgy, they’re still way overweight in mm funds …historically speaking.

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    • Heaterman

      The day they start to get on board is when the end comes clearly in view. The higher Mother Market goes the further she falls when the time comes. Have your parachutes ready.

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  23. jimmie

    Are the LED lights manufactured by CREE?

    LOL thought so to the moon LMFAO!

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  24. Rych

    I need to start collecting these masterpieces. Print, cut out and put on my “Le Fly” wall as crazy asshats do in movies.

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  25. Aristotle

    Fuckin Eh!

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  26. Rych

    When will we see Fly in 3D?

    ///Raise the Goldman to punish puny asshats said Robot a323 to Robot C179///

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  27. KreppaNu

    Fly-

    Thanks for changing the text on the iphone app from grey to black!
    My aged eyes thank you, as I can now read your blog in daylight….

    By the way, the market will not turn until you, Sir, are fully short….

    However, one more large earthquake might also turn it…

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  28. tm

    On Caesar’s Scrotum, this market shall break, indeud. The volume is really drying up, there’s only so long the bot-team can keep buying and selling back to themselves. And “The Fly’s” predictions of “chocolate death for all” rings with both an unfortunate truth, and a clear urgency, like the sound of a pin-less hand grenade clanking along the linoleum floor of a high school corridor.

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  29. Braveflaps

    Very funny, sir. Also read to my irreverent children – because humans and apes of all ages love a story that ends with a “chocolate covered asshats.”

    Check out Zach Galifanucka’s live at the something onion; the whole thing is on youtube and occasionally Flyesque.

    “What was that thing Chomsky said about Pussy?”

    Yes, he went there.

    NORM Chomsky.

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    • cebu sun

      what did Chomsky say about pussy? It’s structurally ….

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  30. cebu sun

    Fly
    I was wrong but righteous all last year fighting the tape cuz the fundies sucked.

    I hate when my wife quotes me to me but here are some flyisms:

    “Don’t be a sap, go with the tape.”

    Are you intent on being right or making money?”

    Time to go with the flow my friend.

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  31. henryfool

    Told ya so on OSTK

    http://ibankcoin.com/henry_fool/2010/04/07/told-ya-so-on-ostk/

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  32. Le Fly

    Fuck everyone on this thread. Chocolate covered monkeys

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  33. xochi

    I still hold VXX. Should I find this comforting in some prescient/masochistic way?
    http://seekingalpha.com/article/197423-is-volatility-getting-cheap-again?source=hp_wc

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