Each and every one of you little trollops will die one day. Some of you will die with gold bricks in your closet. Others will perish under hookers and large bags of cocaine. Naturally, “The Fly” will never die, as he is immortal and will live forever. As you are reading this, I insist that you stop skimming over my blogs, as they are the most important writings since the Bible was concocted.
Let it be known, you will all pay for your sins, some more than others. Whether it be via painful leg amputations or ridiculous poverty, you will pay. In general, people are disgusting life forms, always out to fuck one another. Do not think for a second the Federal Reserve, or your political party, cares about you. You are nothing more than a set of digits, until you die. After you die, they will curry the favor of a new set of digits, so that their power is preserved. I realize some of you believe in apple pie and American dreams; but there is no such thing. All you have is your wits and your physical frame to outmaneuver your neighbors for the last piece of steak. Those motherfuckers are trying to steal from you. They plot against you as they shake your hand, due to inferior genetic make-ups and sinister souls. Be the better person and smash them with your claw-hammer (I am assuming everyone owns a clawhammer).
As I write this, news just hit, regarding Federal aid to the states. Actually, that is good news for stocks, since that was one of the big dark clouds overhanging above.
Nevertheless, I do not like the action in the yen. I do not understand why oil is gapping higher. However, I know why the dollar is falling. It is NOT falling due to our policies, at least not now. It is simply a reaction to the unprecedented short squeeze taking place in the euro. End of story; try not to over think it.
As the summer winds down and the economy continues to drag along, people will lose patience and attempt to smash each others brains out—just in time for Halloween.
Bank on it.
NOTE: I sold out of SWN and FAZ. I added to VXX and started a position in SCO.
[youtube:http://www.youtube.com/watch?v=6L4raCFhM_8 616 500] If you enjoy the content at iBankCoin, please follow us on Twitter
epic
Nietzsche declared god dead but wrote about Fly elsewhere.
Birth, School, Work, Death
GIG
I love your screen name. One of the craziest concerts I went to was GWAR at Iguanas.
I was unable to pass judgement on GWAR. I must trust the judgement of a Mr. Beevis and a Mr. Butthead on whether they are cool or not.
I believe tommorrow will be a tough day. Lots of overhang from today’s news.
When I die, I will bequeath half the gold bricks in my closet to the Fly!
For the Yen…you know BoJ better grow a set of balls and do something about it. China helped out a bit and jumped in to sell eur/usd…but these levels are stupid esp cuz USA bitched slapped them with this QE lite they did today……remember China Retail sales comes out tonight.
I think boj action is a good possibility as well
BoJ met last night and left everything the same, but only so far can they be pushed…and for bellow comments..lol…you guys.
Just the mention of “grow a set” and “bitch slapping” from Bjork is very distracting.
And what’s that you’re stroking, there, Ernest Blofeld?
_______
The object remains unnamed. I apologize for this oversight as I really hadn’t thought about it.
massive spec long position in the $Yen here that reminds me the $Euro a month ago
We are also immortal and will continuously supply The Fly with charts forever….and ever.
Shrouds have no need for chart patterns or QE 2.
Nor does Don Amiche, the Urinal Shadow.
___
Very true.
even though i have been bullish over the short term and suspect that we go higher, maybe even a lot higher, eventually, i believe these things to occur;
dollar will reverse and have a monster rally, maybe to new highs.
yield on the 10 year will go under 2%
stocks will test or undercut the march of 2009 lows. there is a chance that the dow will close a gap at around 2800 from 1990, i believe.
commodities will die.
we are not germany of the 20’s or argentina or brazil or any other latin or central american country of the 70’s or 80’s. DEFLATION is the danger and most likely outcome to some degree. helicopter Ben, as much as he would like, will not be able to either inflate or debase the currency.
even if the above occurs, i suspect gold trades higher than what it is now. i guess that makes the yellow metal almost a win, win.
Wow.
Post that one on your bathroom wall.
and drown yourself in your toilet… after this king of prediction this will be the best outcome haha
Loving the name change, No.1.
Well done, Blofeld.
“Please, please, call me Stavros.”
_____
Yes, yes, Sir. So sorry, Sir.
I’m picturing Donald Pleasence in that chair.
Best Bond villain ever. Even led to Dr. Evil.
Just awesome character.
Thank you Zombie. I hear there’s going to be a new Universal theme park ride in your honor.
Cool. Didn’t know that. Should be a sweet ride. Thanks for the heads up.
Good Christ, I hope you’re wrong about Dow 2800, Chivas. Even if I still own my VXX (which would hit 300 if that happened), I hope that would never happen. I’m never gonna be physically prepared for the Devil Dog scenario. Although my zombie friends would have a field day.
Chiv that is cartoon character talk?
Horatio Clawhammer.
Chivas:
no offense but when i hear:
guess that makes the yellow metal almost a win, win.
I always reach for my revolver.
16oz framing hammer at the ready.
http://www.sears.com/shc/s/p_10153_12605_00938224000P
much more menacing than a clawhammer, but not as fun to say/type.
You are all wet.
The most ferocious of double-headed hammers is what you want for the greatest wanton destruction.
_________
equally good for cracking skulls.
The bonus being that mine does not get caught in the medulla.
______
It’s a tiny bit disturbing to see that you put this much thought into cracking skulls.
I love a down market, where these innocuous finance blogs turn to end-of-civilization discussions. Shotgun shells and canned food, stat!
In the end, one must be practical in all things, no?
________
Wet?
Then this is the hammer for you!
http://www.aasharks.com/types-of-sharks/great-hammerhead-shark.htm
Trinity killer would approve
Kunstler and The Fly seem to be in alignment alerting us of impending doom.
http://bit.ly/csSWy7
It reminds me of Mr. Devil Dog’s address to iBankCoin.
I may have to watch that again…
I read through that and you know what started rolling around in the back of my mind?
That this guy was just a far more eloquent Timmah Knight or Wacky Denninger. It takes a special brand of narcissism to get that comfortably smug describing the impending end of the free world…
Then I came on this comment and it pretty much summarized my response:
Hey, just so you know: there are plenty of people doing something more constructive with their lives than endlessly prognosticating about coming shitstorms. No matter how eloquently stated, what use is more fear and trepidation? Yes, the world (as you know it) is coming to an end. Isn’t it time to get over it and move on to doing, or at least talking about something else a bit more positive and productive?
__________
Indeud. That comment pretty much sums up my opinion on the matter. Dreaming of Armageddon is cathartic. Living in the real world is messy. Let’s just move on.
I have no idea if Kunstler or The Fly are narcissists or not. I don’t think that’s the point?
Well it is the point if you want to think critically.
If you want to wallow in self-affirmation, there’s plenty of end-of-the worlders out there. Historically, it’s been a lucrative trade to predict doom (see “Erlich, Paul”).
Look at all the bunkered yahoos the Dope has accumulated.
________
If you want to think critically, you’ll identify what is being asserted and only focus on that.
2 + 2 = 4 whether a narcissist asserts it or not.
2 + 2 = 4 regardless of whether “bunkered yahoos” agree with it or not.
Indeed. Quite a bleak outlook on life.
It’s all in vain.
We heap up wealth, not knowing who will get it eventually (after the government takes 55%+)
Vanity of vanities. All is vanity.
Yet, there is more to life than what we see, no?
The kingdom is within you.
And beyond…
It’s on Orion’s Belt, actually.
____
22oz not 16oz is what I meant. I keep it under the seat of my pickup in case of bearshitters and non-PPT’ers.
Trinity killer approves even more than with a 16 oz
What is “Trinity Killer?”
______
John Lithgow
In a way, we are already buying Treasuries for the government vis a vis MBS pass-throughs. They “printed” the money, bought the assets, hold the assets, and now reap the benefits. They transferred mortgage payments to Treasuries. Indeud.
Calvino?
*****
Calvino.
Whattabout Calvino? Haven’t seen him in years… I assumed he’d died or something…
_____
Another Calvino sighting?
Actually, I believe he is back to teaching Philosophy at Nassau Community College (not that there is anything wrong with that)
I once took a pre-college calculus class at Nassau Community College. Great proximity to the Roosevelt Field Mall, which was a nice marketing point for many of their matriculants, as I recall.
_______
I’m trying to turn the legend of The Calvino into an iBC lexicon term.
Sort of a crazy post that somehow makes sense? That’s a Calvino.
Odd lateral thinking that makes you question your thesis? Calvino.
An exclamation of wonderment? Calvino!
Many applications.
Let’s not explain it too much. It takes away its juju. Um Calvino!
First rule of “Calvino!” — no one speaks about “Calvino.”
_______
I am so pissed at having flinched TWICE,
yes fucking twice,
at buying GDX on the dip the past two days.
Where has Jake’s blog gone?
For crap’s sake, must I hold your hand until you’ve traded your Pampers for Depends?
I could post the same thing every day for months to come — “clear to Christmas, God Bless!”
Instead, I will endeavour to cavort and gambol, as a harlequin, for your reading pleasure.
__________
Yes, hold his hand. And make sure to pat his head and rub his tummy when he loses money, just so he doesn’t feel any discomfort. A bedtime story would add greatly to the nuturing, as well.
Hey Salty Snap Kick….trading nymph saod something about BoJ…Is that what I think it is?
Driving around all day listening to Bloomberg and CNBC on XM…the advertising on these stations are enough for me to question why I listen …Could I really be this demographic……holy shit?
Can’t Take A Piss?
Can’t Get Wood?
Can’t Get a Date.
Central Banks Printing Money does Hyper Inflation get you down. BUY GOLD
Make money while the market goes up or down and be cash liquid at the close of the day.
We Email you Aheeeeeaaaad of Tiiiiime.
King I stop trying to figure out the Nymph long time ago….something about Iron Ore In India…kind of like a Tim Seymour with a vagina allegedly
Calvino!
Koolidge!
Dear Fly,
If you hadn’t made money some of the time you might have acquired market wisdom quicker…
AFLO developing.
From my point of view, the investors are the big gamblers. They make a bet, stay with it, and if all goes wrong, they lose it all.
Jesse Livermore
Debt Summit is coming…..
You have to consider the whole Global mess combined with creatures of habit. China is still key.
Would of, could of and should of
Was us/jpy short b4 lunch….took a few pips got “smart” got out……shit!!
Was also Long US/Cad grabbed some pips got out…oooof…smooth
Oh well…back to play another day
Pip! Pip!
Cheerio!
______
Latest post in PG -Sharing Post FOMC thoughts and Strategy update http://www.ibankcoin.com/peanut_gallery/index.php/2010/08/10/post-mortem/
Any WAG for the SPX tomorrow? Are we going up, zig zag or down or all of the above. Closing price tomorrow?
Should I buy TZA or TNA?
Position: VXX @ 21.11 and SD @ 4.89
Shoes to fall…..take long walk…..eat sandwich.
AIG FRN SALLIE FRED…..Wheres The Beef?
MSFT @ 12 times with 2% Div
isn’t compelling enough? Nobody wants to own?
INTC @ 3%…..this is better paper than 10yr
These guys have perfected the art of minting coin..WTF?
ADBE…”They Own the Printed Fucking Word”
GOOG…LOL…ANDROID…YOU TUBE….ok monetize me bitch?
Buy a condo and rent it out. I’m lookin’
What, is the housing market going lower?
Bank on it, I’ll let you know.
Thanks guys. I think you should cut down a little on your meds. You both sound a little over medicated.
You might be a bear if you stare at this for too long….
http://www.usdebtclock.org
If we spend 17 trillion on a War on Debt Clocks, that problem should be taken care of.
Oil may be rising due to leaked-in-advance news about a pre-emptive attack on Iran by Israel or the US.
Just a theory. Let’s see how it plays out…
That’s been gonna happen since 2008. I would not want to live in Israel about now.
http://www.youtube.com/watch?v=VsHXd4rQnW0
In the white house,Rahm is never more than 10 feet away from the Launch button. I wouldn’t bet Iran stays intact much longer.
http://rahmfacts.com/facts/08dead.html
http://rahmfacts.com/facts/06knuckles.html
http://rahmfacts.com/facts/25deerhunter.html
Ramanujan,,,,,,,, nuff said.
Looking at a 3 month chart of Vxx. Looks like the Grench should be sitting up top. Buying more at 20.
panama, I think you have it twisted my friend
Iran has China, Russia, North K, AND the whole middle east on its side
the US is on its last crutch IMO
Russia isn’t fully on there side.
http://af.reuters.com/article/worldNews/idAFTRE66E1GI20100715
How the Hell would all of those countries team up against the US? They can develop all the carrier killing missiles they want. We still have tons of long range nuke bombers, and hidden nuke subs. And those are just the weapons we admit to having.
We have enough conventional airpower to fight all those countries, simultaneously, without ever having to use a nuke.
LOL. If Jack thinks Russia and China want Iran as a nuclear superpower, then I want whatever he is smoking. You know it’s good.
Jack you know JACK SHIT about shit ….
You don’t have to understand Taiwanese to understand Taiwan gets it.
http://www.youtube.com/watch?v=HAfdaDVBDto
Hillarryous! [sic]
Im pretty short now.
Took a little start position in SCO. Holding on to 700 TZA. Bought some Oct SPY Puts. Still 25% in TLT and holding 1000 VXX (neither of which did much for me today, but i have high hopes for them in coming weeks).
This is all pretty unfortunate as I hate to see the economy seize up as it is doing….its rather quite serious.
DTO looks like its been a better play than SCO – for what its worth
http://stockcharts.com/charts/performance/perf.html?$WTIC,SCO,DTO
higher highs and lower lows, if liquidity isn’t a major problem
Thanks for the advice…i will take a look. I go straight to the CL when i wanna play big, so this is just a little position to see if we might get a pull back down to 75 or maybe even 70.
Definitely will check it out though
Suggestion for next years iBC shareholder meeting.
Hold it in the Gay Bar to open next to the “mosque” near ground zero and watch the fireworks.
http://www.foxnews.com/story/0,2933,599062,00.html
well, look at those futures tanking
dont you say that everyday
i change it up a bit now and then
Tanking a total of 6 points
Looks like my edz will rip tits in the morning
Didn’t know what EDZ was so I pull up the chart and see the high was about $955.00 a year and a half ago and is now about $33.50.
Cool.
http://finance.yahoo.com/echarts?s=EDZ+Interactive#chart1:symbol=edz;range=2y;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
looks like you have found a new purpose in life for me
EDZ not a good call if the dollar is about to el plumetto.
Step lively.
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http://market-ticker.org/archives/2570-FOMC-Announcement-810.html
Fuck the world!! Jingoism is alive and well!!
…the crazy radical cousin of protectionism.
Protectionism is the new radicalism. Don’t want to give up those valuable union jobs, do you?
___________
A Jingo ate my baby!
I don’t think we will need to wait long…..
The Fed news was pretty bleak,,,,we were not even able to fill the gap today
Fly, that made me laugh.
What happens when it’s discovered that David Blaine has been hired by Citadel to levitate the market?
im 75% cash –25% unsettled cash…im playn tomorrow since i pillage your accts today
The cat that talks
http://www.youtube.com/watch?v=rKS_hRH4ots
it even says shit and fuuuuK
Whatever you’re smoking cannot be from Cascadia.
Plenty of good shit in Cascadia— but I don’t smoke it anymore.
What’s with all the negativity tonight? Mr Bernanke just gave you the ultimate poker tell… He ain’t letting this recovery run out of steam.
You wanna bet against the guy with aces up his sleeves? Not me.
yes, fed might produce already its second poker of aces in this game. no one can win against two pokers of aces in the same game.
not sure how to respond to that… translation?
just thinkn a pull back is just what i want to see here …a big one ,not a 50pt ..so i can buy stuff i have been watching..so with that in mind and what i saw today .hope it happens
Have you guys heard any meaningful warnings from the CEOs? All I keep hearing is talk of growth and improvement. Now you add in a reckless Fed willing to throw in the kitchen sink… sounds bullish to me
yes , i did ..they arent hiring..along with the chosen one sticking it to the big boys who take jobs out of the country ..plus ceo fly has inquired about a 300 pt sell off…add that to the fact that most of the bulls threw more of their money in a ridiculous attempt to pull the market back up after hearing the truth,and futures are ,well,heading down the shitter right now…i would say im on the right side right now..
Nothing like being a permabear
Just call for a crash everyday and people will laud you for being right even if it’s a year early
Sticking with Scott’s hot hand
im not a perma anything….i flow with the vibrations of the universe…..sir
You might want to have the tuning fork brought in for repairs.
_________
im not responsible for the rest being out of tune..my venture into the strange world of vxx was just done for my entertainment… i can assure you i am all the wiser for doing so..and i didnt do to bad
Jake and TA
You will soon pay for your sins.
Well if that’s true, then….
In for a penny, in for a pound!
_____________
Your gold calls have been pure money
Get a room
Grazie, Signore.
________
The alien Gods will soon melt Jake’s smelter down to the ground.
TC:
Played Royal County Down today with my father. What a golf course. We ferry across the Irish Sea tomorrow on our way to Dornoch.
Aye lad, but were ye wearin’ ye special lead-lined tam o’ shanter?
_______
Post Feds and post Option Expiration and the Euro gets fucking CRUSHED! WOW
told you bitches. weekly resistance makes you look stupid, with all your reasons and shit
Sinners!!
I died today 🙁
Looks like we have some buyers. There’s gotta be a range here. Get your TNA ready.