I have a 35 year old client who is worth about $9 million. He likes to refer to himself as “rich as fuck.” He is like the mayor of his small “bullshit” New Mexican town (as I like to call it), owner of at least 10 houses and many stupid buildings and several businesses. He likes to invest in stocks that “look good” and he is willing to drop millions on “hunches.” He once lost $2 million on a penny stock he thought was “cheap as fuck.” Needless to say, he and I are good friends and I think he has a mental illness.
Look here, pal, this market is shitting on old dudes. The guys who are unwilling accept the reality shall get the sharp end of the stupid stick. In general, old people are reprehensible. Anyone over 47 1/2 is not welcome on this site. And, in an effort to instill a sense of reason and democracy here, anyone under the age of 25 best leave now, else have their punk asses beaten the fuck down. Let it be known, “The Fly” has no problem breaking your bones into dust. I walk around with African tribal masks and kick people in wheel chairs into idle manholes. Do you really think your swiss army knife scares me?
Back to my crazy client. He says “let’s buy the fuck out of this market.” And I happen to agree with him. While it’s true, he is a “rich as fuck” spoiled natural gas well having bastard. It’s also true that he embodies the animal spirits of the typical American.
THE BOTTOM LINE: While you wait for this market to come down, we piss on your heads. If you stay there long enough, spoiled fuckers with money to burn, living in oddball cities in New Mexico, will be shitting on you. Quit being such a piker: get in the game.
Happy fucking Valentine’s day you little bitches.
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Happy V-Day!
Thks for your help today…
Also note LMLP is a fucking ass kicking dick clipping winner from hell…and IDCC will rip tits off
Also still 3 responses …2 of which are his own..c’mon
STFU
FU
Just in case you didn’t see this…
TheV.King says:
February 14, 2011 at 9:14 pm
Happy V.alentines Day
http://www.youtube.com/watch?v=FNKu5a5i2YQ&feature=related
update…3 responses…2 from himself
Reply
Can’t think of a bigger waste of time than watching that clip. Quit sharing your masturbatory material with the board for fuck sakes.
Sorry…..
Now do me a favor…(wait for it) ….(wait for it) take a box cutter and slash your throat…
That was funny. That’s two good deeds in a row.
Thanks again…Infact most elegant gentlemen may I say thank you for 3 things that have brought much joy to me and my kin…1. PPT (for which most of the coin I have banked in the last 1+ years i would have not have made) 2. FTK and 3. Your hatred for the masses…
Oh, I’ll get right on it there chief…if you promise to quit conducting your foreplay for jacking off later on the board.
I was gonna ban you until I saw that awesome vid. Well done!
Thank you kind sir..
Livermore, until you’re a gym junkie, it’s diffCult to get….
BUMBUM!!!
I said, Hey Joe, take a walk on the wild side
I dig the age restrictions.
Should we turn names over to Jeremy if we know of age violators?
No. Take action as you deem fit.
I think we should all wear brown burlap colored shirts…(sorry Steve)
And burlap pants with a drawstring, instead of a belt.
Unless you live in Marin County and surrounding areas.
Then hemp pants would be acceptable, but drawstrings only.
You can call yourselves the brown shirts
Mr. Fly,
You got style. No clue what that style is, but it is at once cohesive and chaotic like that whacko I dated in school.
You know, the one that could lick her eyebrows, like some weird gekko on a scholarship.
If you said that to my face, I’d scalp you.
Punk
I will kill you several times.
Try it punk
Have it your way greaseball.
Why is Fly so angry today. Are u getting some man? Anyway back “to slicing my onions with my balls on the side” The Fly 2010.
Old guys getting pissed and shit on… This site gets better everyday!
Shouldn’t you be busy with Mrs. Fly?
Fly could still be upset about the blue radio going in the trash.
It’s n the garage
Stay tuned for the update of the guy featured in this post 6 months from now. It will be called “Poor as Fuck” as inflation shoves a ski pole right up his bullish ass!
Inflation sends markets higher, stupid.
Thats what they said in May of 2008 when oil was at 140 a barrell
Sorry I called you stupid. But they weren’t wrong in 2008. It’s partly a timing thing. Government deficits were too big even then. The oil industry has a feast and famine cycle. When everyone sees oil at $120, they start all kinds of new drilling programs for more marginal fields. A short term oversupply was the result (which drove down oil prices). Was the drop from $148 to $32 proof that we had 60% deflation during that time? Oil is a complicated choice that I’ll ignore (its rise from a low of 2 cents a barrel to current levels is partially reflected by inflation, but also due to the rising cost of finding and developing new fields, demand increases, etc.
Look at other commodity prices for a more realistic gauge.
Look what the local stock market has done during every hyper-inflation crisis ever.
millionaires are losing their shirts & billionaires are hatching in the turbulence.
ot I thought this guy singing was a joke, but apparently he’s written some good songs:
remake: http://www.youtube.com/watch?v=q6yk9wWNB08&feature=fvw
waits: http://www.youtube.com/watch?v=yydqrFPbUGE&feature=related
another remake (turn down the very beginning) http://www.youtube.com/watch?v=MaC_cChs6hA
2x ot (brooklyn) http://www.youtube.com/watch?v=BCGiG4rgx5I&feature=related
The price of corn has doubled in the last 6 months and is set to break its all time high this week.
Its in everything from gas to steak to pepsi. Macdonalds and Kraft and every other food processor is feeling intense price pressure.
Potash has already taken off, but any other places where someone can make a buck off of this?
3 winner ideas:
Plant a garden this spring.
Buy old cats and dogs at pounds and sell them to Chinese food places.
Start a “soylent green” type company.
good one
That’s what I like to hear…go all-in…use some margin too…go 2x all-in….boo-yah!
So when folks get to be 47-3/4 years old, that’s when they get afraid to buy into a market that goes straight up with no pullbacks? Will that happen to you too, when you become 47-3/4 years old, Fly?
I have been reading since Dinosaur trader was still posting and I must say, this is some awesome shit here.
28, more balls than brains and not enough coin…But the Fly makes up for what I lack, in short-if you want more coin, do what people that have more coin than you do:)
If you want to learn, start at the beginning with “A” is for Action… Jackson.
______________
Thanks for helping me bank coin with AAU… I bought a boatload last week and it paid off. Same with ANDE!
if you’re 47.5 yrs old your a baby boomer. below that GEN X
I will be 46 in 2 weeks, barely make the cut.
but what happens in a year and a half?
You will find yourself at the bottom of an elevator shaft, courtesy of The Fly … Put it in the books Fly, 9/1/12
Obviously that’s when you walk out onto the metaphorical ice flow. Get out of the way of the young guys and go pick strawberries.
You will never get to be a baby boomer. You poor bastard.
Yep, China CPI just as it was leaked last night at 4.90%…
U.K = 4% “officially”
Did you see German ZEW missed all estimates on outlook, ouch.
Oh and Go2Mars…even though that CPI in UK was inline with estimates, did you notice that it hasn’t been at that level since the end part of 2008? This really looks like a repeat of 2008, but that is just me.
Well, unlike Fly, I am not 100% sure that stocks can’t retrace a bit. In principal, I think that the money supply MUST expand to make payments on government debt globally, but if it does slide, commodities and especially precious metals will be more resiliant than all other investment classes. So I’m largely tying myself up there and assuming it will all work out fine come inflation, debt default, currency crises, war, or accidental potato-gun shot to the shin.
I know you think Cu is way overvalued. What think you of silver?
Silver will follow Copper’s lead if history plays out. The game plan of expanding money supply has tipping point, there is a point when confidence to sell debt out weighs easy money printing.
Kids – no respect these days. I remember when… Aw, never mind.
A mere 9 million and he’s your client?
phew….26 years old. I still tread lightly on this godly site.
Me too.
I am 28 years old in internet years.
47 1/2 – I’ve got underwear older than that.
Under museum glass? Or in circulation?
Like a good golf putter – never give them up.
Does your New Mexican friend know you are The Fly?
All in long on the YM. Never fails.
Well back in my day the NYSE stood alone……..
FDX preannounces lower, and it goes higher along with the Transports – you gotta luv this market.
I hate to beat a dead DePeezy but check out LMLP….
Forget me not, bitch!
hey bubbles…
wait, young people aren’t allowed either? dang I have to wait like a month and a half until I’m 25.
Fed Jeff Lacker on Bloomberg with Tom Keene riight now
Are you making any money watching every single indicator? I’ve got to imagine it gets pretty confusing watching all the bullshit.
Actually I love all this stuff. One huge Soap Opera that effects Equities so much around the world. For money, Today, so far I am green across the board except for FAZ…which worrys me, I don’t like Gold coming along for the ride at all. Plus, GIVN is popping before earnings tonight, worried cuz europe sales can be weak a bit…anyway…being able to watch all this is not confusing in the least, I wish I could find someone that really understands all the pieces perfect, I think its Sorros, everytime he talks on TV I can tell he is watching the same show…yet, he is the smart one, he can spot a bubble and play it cuz he knows when it will pop…for me I am just learning what does it.
Forgot to mention, Fly is Space Alien that has a good handle on the pieces, that is why I hang out here too.
but, Bob, to answer your question, I am on wrong side of trade for awhile, I spotted the bubble forming in 2009 but instead of playing it, I decided to take the other side of it, I needed to understand what is that magic tipping point by watching everything. I have been amazed how big and scary the thing has grown to, The China Govt had so many chances to control it and failed to act, now they have a inflation problem that is way above the official number, a housing bubble and Copper at HISTORICAL HIGHS…I really thought they would have stepped in Oct 2009 to slow it down a lot more, Ben and QE2 threw me for a loop too, cuz I thought the market priced it in when news hit, had to learn the lesson the hard way, and the fact China Govt didn’t take stronger proactive steps at that point surprised me too. Bottomline, China Govt deserves the bubble they created…btw notice the Capesize ship rates dropping today, they can fill the smaller ships but bigger ships weaker even during China Restocking after their vacation.
He’s not that smart. I have read that his back hurts like hell when the market is about to make a turn. We should all be so lucky as to have our aches & pains be that profitable.
Soros I mean.
Now we’ve got half the people on this site obsessed with how old we are and what that means. Well, at least we have something to do now, in addition to Fly’s previous idea of setting up a Facebook site to overthrow the government, LOL.
We haven’t touched on mental age yet!
hell with age, your as young as the last chick ya did……………on another note,you old timers hurry up and go out and buy your tomatoes. moma mia over by der, at the old deigo market says tomatoes just jumped double in price to the wholesaler………that means 100 bucks at fly’s wfmi. and 5 bucks a pound to none fly buyers……….lol
“hell with age, your as young as the last chick ya did.” Someone smarter than me copyright that and cut me in on the royalties!