iBC Several Years in Review

Many of you new jacks on this site have no idea who “The Fly” is, with regards to his pedigree and stock market prowess. Over the past 15 minutes (I read at a 800 word per minute rate), I reviewed some of my posts on FlyonWallstreet.blogspot and here, dating back to 2007. First of all, let me say this: if possible, I’d like to travel back in time and punch the ears off of that jackass who was scribbling shit here, claiming to be “master and commander of the internets.” Happily, I declare to that wretched Fly of 2007 that “I am, indeud, the only true and living master and commander of the internets.” Moreover, I can’t read too much of my old writings without getting a headache. I must have been hopped up on some plutonium powered mustard gas or some shit.

But the facts remain: yes, I nailed the crash of 2008-early 2009. And, yes, I nailed the reversal in 2009, making over 60% in ’08 and 90% in ’09.

All of that is besides the point I am trying to make. Sometimes, due to the inadequacies of  internet communique, my message gets drowned out by the sound of hookers howling in the dark. Most of you are not very sharp and often times get distracted by silly pictures and/or the hairs on your balls. You throw your entire life savings into the market and try to hit grand slams on a daily basis, as if this shit was little league with the bases loaded all the time.

As much fun as you may think I am having here, this is not a fucking game. I spend 18 hours per day studying ways to get better and it’s not enough. There are always trades that could have/should have been made and losses that should have been taken. The stock market is an exercise in imperfection, where one asshole is pitted against the other to see who’s worst. Every so often, a real winner emerges and he is lauded as the next Jesus Christ, thorned crown and all.

Aside from the jokes and the adolescent banter, I am trying to cultivate a culture here that cannot be duplicated elsewhere. A corporate work ethic with an independent/entrepreneurial spirit aimed at dominating the stock market, rendering all other financial sites/services obsolete. I’d like to think I have a solid staff of writers, who are able to navigate any market. But the truth of the matter is, some are better than others and some do not belong here at all. Remember: it’s work ethic and market prowess that is required, not once a week posts of how awesome you may or may not be. I will dip you in fire and spit out your liver (yes, I am chewing on it).

Having said that, I am interested in bringing on another blogger, or two, into the fold. I would like nothing more than to offer a tab to a responsible and professional trader, one who isn’t looking for fucking hand outs. Once again, if you’re interested, post your thoughts and trades in the Peanut Gallery. If you stand out, you might be selected. Most of iBC’s bloggers were chosen from that forum.

Finally, the markets are in the process of digesting recent gains. I do not expect much volatility in the near term and will stay long until proven wrong.