For the first time in a long time, I ventured off into the dark abyss of the financial blogosphere. Mainly, ideas were plentiful, some cogent others not-so-much. However, the overall common denominator is the incredibly low IQ’s of the gurus professing investment acumen. Most of these men can’t string 10 sentences together, without committing heinous syntax errors, let alone teach me how to bank coin. All in all, the grammar is nothing less than an abomination out there.
If I was terrible at fixing bathroom pipes, I would not advertise in my local newspaper “handyman available, specializing in fixing bathroom pipes.” The very notion that you muster the nerve to blog, without knowing how to write and speak proper English, is shameful. SHAME ON YOUR HOUSE, in all seriousness.
After throwing almonds at my screen, disgusted by the lack of creativity on the web, I ventured back to iBC and was equally chagrined. Quite honestly, if I was viewing iBC, particularly Fly blog, for the very first time, I’d think “The Fly” was a Goddamned idiot (note: I am permitted to say “Goddamned” because I know he is a figment of your overzealous imagination). With all of the cursing and joshing around, I’m afraid this website is being misrepresented by some deranged rapper with a few million worth of diamond necklace money sloshing around the markets for sport.
Plainly, your opinions are not all that important to me. I do not say that out of disrespect or disdain for my readership. Don’t get me wrong: if I read harsh criticisms, they sting for about 1-3 minutes. Then I remember how “awesome and amazing” my $30,000 “bathroom problem” is and I forget all about it. Life is too short to worry about the opinions of those who do not truly know you. The important factor that has me on this train of thought is my children. Tooth fairy forbid my teenage son logged on and saw the drivel posted here, I’d be shamed for about 3-6 minutes. In all seriousness, I do not conduct myself in the same manner in real life, as I do here.
I’m not getting all emotional about this issue, quite the contrary. It’s very likely I will continue to tell you to “fuck off” in between sips of hot hot coffee. However, just know, eventually, this shit you read here will need to be watered down, as I ride into the sunset, an old goat fucker.
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The Fly is God.
I am long long plays for now but am watching closely or I should say closer at all prespectivs handed to me on my plate. I am sure that this is the best play for now. Fly does no some shit but shit dont pay the bills.
“I’m not getting all emotional about this issue, quite the contrary. I will likely continue to tell you to “fuck off” in between sips of hot hot coffee. However, just know, eventually, this shit you read here will need to be watered down, as I ride into the sunset, an old goat fucker. ”
What does Mrs. Fly think about that last part?
Well played.
hrm… I’m a little bummed now that I know you’re not really a droog.
You’re still a fucking idiot.
love u too Dr. Depends
Stop meandering and look at the fucking futures would ya!? $WNR up 4% tomorrow. I have a bonner (sic) for $BIDU – up 5%!
You’re a good man Flyseph.
I have seriously tried to read other financial blogs – they are horrible and quite boring.
The fact that you threaten your readers is the attraction to iBC. Just like that poor woman who gets beaten by her husband when he gets “upset”, yet begs the police not to press charges as he didn’t mean it. We come back daily (or hourly) to hear you threaten to split heads.
Please don’t let up on the insults.
Lol. You are insane
Some could construe it as “selling out” or buying in but so long as the goal remains banking coin I’m on board.
I basically read this, Bess Levin, and http://www.sec.gov. http://www.sec.gov has some great material.
This is testament to why NYC has trade offs. You get out of they’r [sic], where rat-faced fuck faces acting 24-hour nuisance opens the door to acreage and peace. Hopefully other annoying assholes will keep Fly’s vigilant spirit aloft. I hope this blog ends up a book/blog-legend. There are nuggets and diamonds here I tellz ya.
One thing NYC has going for it… less tornadoes than NC.
_______
Most people totally miss the true elegance of this blog.
By the grace of Santa, small plebs, exercise your transition from extrinsic to intrinsic motivation! Acquiesce to the The Fly through his agita of andragogy else prepare for your Zeeco account to be heavily salted, lightly peppered, and consumed by your ruling patrician!!
IBC gives me and my WNR a Zamboni … You guessed it, I’m all in again!
LOL . Drawing a mental picture of …….nevermind……….
how about creating a Eminem persona and a marshal mathers persona
one is the clown and one is the dead serious one. both kind of music enjoyable but when shit needs to be serious we get down to work.
Not that there’s a lack of entertainment here, but I second this suggestion. That would be pretty awesome. It’d allow for some more literary freedom to let people know what persona is writing the post. Doooooo it.
For my website blog, its just a place to keep my notes and ideas…so I can go back later and see what I did wrong.
“Dear Diary, I think there is a copper bubble in China because they buy more copper than they immediately use over there. They also buy more oil, uranium, precious metals, and little jade buddha’s. It will feel so good when the little jade buddha bubble finally pops! The price of jade buddha’s is really a lot lower in “reality”. I am going to start an aggressive short position on little jad buddha’s and hope that they don’t all turn muslim on me. Love, Bare Bear
lol….For Jade Budda and other fine arts, you notice antique auction houses are a great indicator. A girl needs her Diary…imho, Fly really should move it to his site.
No he shouldn’t.
It is not considered rude to corrrect poor folks and their english where I come from, probably because 97% already speak it perfectly well.
It is necessary to point out that when using present subjunctive, the proper sentence would read ” If I were terrible at fixing pipes” not “If I was terrible at fixing”.
Ex: If my bitch were not a whore, I would not have to crush the skull of every circling hard dick in my neighborhood.
That is all young english students, proceed.
Wrong. Was is acceptable
Was works because dude now is capable of fixing pipes. (really?)
It’s acceptable if you are talking about yourself in the past tense, and not in any present capacity, which I don’t believe is the case here.
Ah the nuances.
_______
“English” should be capitalized.
“if I was viewing iBC, particularly Fly blog, for the very first time, I’d think “The Fly” was a Goddamned idiot”
Couldn’t be further from the truth Fly. Your blog is great even though I disagree with you at times. You get it and many don’t yet you are still able to trade this pile of dog poo effectively.
Too be honest when I need to know how the aglo’s are feeling I come here and you pretty much nail it everytime which means you win because Wall St is run by algos…
Indeud, to all of the above.
As a humble pleb, I am in no position to advise Mr. Fly on practically anything. But the rampant cursing and scolding of asshats, such as S&P and CCME, is quite welcome and provides great voice.
Respectfully riding shotgun, or maybe pistol, on WNR tomorrow…In a suit and top hat drinking champagne I can’t afford (yet).
THE LAST SHALL BE FIRST !
FLY S IS GOD !
Who?
I mean,: Who cares?
I want to bank coin, so I am here for the picks and learnig the art of picking only!
Yeah, when I came here first to read the great post of alphadawgg I did wonder what the heck is wrong with that profanity spewing host of this site…
But what ya wanna do? You’re holding onto a a few concentrated positions for ages. And giving a politely worded summary of the market and your reasons to hold your stocks would be very very boring.
So, carry on…
Or get a new schtick
Fly, on your blog you brag when you are up, and you complain when you are down. On other market blogs, the blogger kings will never admit to being down. We only get to read about their winners. Other than God, only Goldman Sachs, JPM, BAC, Morgan Stanley and Citi have perfect trading quarters (and I’m not so sure about God). Only you allow us to see you on those days when the market is smacking you around. Who, other than Fly, would allow us to see him like this?
http://static2.dmcdn.net/static/video/832/104/18401238:jpeg_preview_large.jpg?20101030080227
I enjoy and appreciate the mix between fine writing and juvenile potty mouth humor here. It amazes and impresses me how one post comment thread can turn from “dick” humor to a serious and subtle point about trading and markets.
A well balanced financial blog surfing diet includes many sites, and this one is part of the mix.
I suspect more popular financial sites have something driving traffic like a TV show or parent site, or they take a mainstream format position. I think the iBC “format” is more niche. This is not a bad thing since frequently niche formats have audience demographics that advertisers covet.
I think niche formats attract more creative talent as well. Think about the tedium and questionable Karma of writing a doomsday blog day in and day out. Especially since some readers may be betting the family farm and future on your content. The better sites are very clear up front about the disclaimers, like iBC.
Readers should take responsibility for their own lives and trading! A great performance frequently has nuggets of the truth embedded in the entertainment. That is the empowerment of the audience.
me thinks thou does protest to much, to trade or not to trade that is the qusetion, do not lend your ear to treachery,,,,,im glad i got that out,,,
Fly
Excuse my impertinence, but what the hell brought this on.. This thread?
Don’t look now but the bears are about to get their faces ripped off! Ha! Enjoy.
This was supposed to go out last night, but we had temporary power outages. Luckily, the dollar is dumping even more this morning than it was this last night, so Relax, go do it, when you want to bank coin….
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The Fly: A true cocksman and wordsmith.
LOL Dr. Fly the OG Blogfather of the Known Universe.
I think The Fly is a catholic, and this post is his “Mea Culpa” moment in light of the coming Easter Weekend.
Go my son, your sins have been forgiven…
Your penance is to pick a ticker that will actually make us money for a change.
As Pope Leo reincarnate, I order you to deliver all gold and silver collected to my dog house. Don’t make me go roam in on you!
got long OCZ, last week,,,so far even, but imho it should ride higher,,,,
dumped cant find news but ouch…
I can’t check this website at home for fear of the kids seeing a headline like that last post regarding the S&P. Feel free to insult me though.
OK OK, I sold a few things and the market resumes the melt up. I still have plenty of longs but I will not buy any more dips. I’m gonna do a few sequels of my old movies and refurbish my bank accounts.
maybe a few scenes w/ lissa marie,,,naked might be your come back…
What is the Internet for, if not to be the asshole you can’t be in “real life”? Viva Le Fly
Too many words, gives me a fucking headache. I only look for the stocks in bold. How do I make coin today?
You have been a major influence on my developing mind. I conduct myself as a gentleman and tread lightly when among common folk, and save my madness for the interwebs.
I can only read one other finance blog, barely.
Thank you Senior Tropicana.
Happy random day in April!
4:20?
Weed futures are up.
“Life is too short to worry about the opinions of those who do not truly know you.” – I needed this reminder; it came at just the right time. Thank you.
VMW, WISH I OWNED IT,,,fcx,clne,clf doing good thou,,,my wnr is growing,,,,
FCX is minting mone…
Aren’t these clowns on CNBC geniuses? Now they are talking about the gov’t buying homes and bulldozing them down.
I’ve got a better idea, why not just give cheap loans to people that can’t afford them…what could go wrong?
Yeah, what a waste of capital … better idea would be to hold a lottery like last depression.
Completely agreud. But they gotsta keep the treadmill running.
DAX up 3%! Holy Crap.
If you watered down this site, it would be like adding ice to a fine single malt.
It’s all about the flavor over here.
How it Works – The Jersey Way
Three contractors are bidding to fix a broken fence at the White
House in D.C. — one from New Jersey, another from Tennessee and the
third, from Florida. They go with a White House official to examine the
fence.
How it works:
The Florida contractor, Jonathan, takes out a tape measure and does some
measuring, then works some figures with a pencil. “Well”, he says, “I
figure the job will run about $900: $400 for materials, $400 for my crew and
$100 profit for me.”
Cletus, the Tennessee contractor also does some measuring and figuring,
then says, “I can do this job for $700: $300 for materials, $300 for my
crew and $100 profit for me.”
Vito from Jersey doesn’t measure or figure, but leans over
to the White House official and whispers, “$2,700”.
The official, incredulous, says, “You didn’t even measure like the
other guys! How did you come up with such a high figure?”
The New Jersey contractor whispers back, “$1000 for me, $1000 for you,
and we hire the guy from Tennessee to fix the fence.”
“Done!” replies the government official.
And that, my friends, is how it all works!
truly a democratic fix, except the guy from tenn, gets a chineese contractor to do it for 100.00,,,,
No– you gotta get union scale workers there, pay the union bosses and fringe benefits, and get campaign donations.
as i watch my acc, rise with glee, im takin a back by the fall of the dollar, which in affect makes my returns even, i mean tho the dollar amount increases, my buying power decreases, so basicly we are fucked,,,,it takes deisel to run my yacht,,,so tho i can sit and sip margritas in the glory of a good trade, i can not afford to go anywhere,,, (like i use to), people dont come down to the resort and spend as much, or stay as long,,,this devaluation of our currency is smoke n mirriors,,,the bernank is trying to battle a chineese cluster fluck
I read your site because your gravatar pic is so hot it makes me want to have a heart attack just so your nimble surgeon’s fingers can compress my chest….
(deep breath)
Oops, confusing my day job with my night one… ;)>
Fly,
What do you make of this? http://dailynewspulse.com/western-refining-nysewnr-preparing-for-a-massive-restructuring/2219839/
A good portion of our population should not be roaming the internet or walking the streets…Is there such thing as a sound mind. Hey some people act crazy, and I say they probably are crazy.
Today is making me think I’m really smart.
Scott B must be jumping off a building and trying to impale himself on the trip down after todays action. I feel for the guy, it sucks to be right for all the correct reasons, but the market just poops all over your thesis.
I like, Scott and appreciate his analysis. But there’s one and only one metric to being right. And by that metric, he is wrong. Everything he’s “right” about is stuff no one disputes.
I agree with you completely. Being right doesn’t pay the bills, trading well does.
Crack Spread versus WNR http://twitpic.com/4n8jej
question… does anyone have a site that lists the historical global market allocations? I remember someone saying something like “in the 70s oil crisis 25% of all cash in the market was allocated towards energy” or something like that. I’m trying to work on a thesis based on how much of the world’s resources are allocated to any particular area, particularly one in identifying the point at which criteria for a “mania” is reached to see if there are any patterns.
There’s never been a Helicopter Ben trying to stave off the collapse of a global currency except maybe in Rome which didn’t end well; think 1000 years called “the dark ages”.