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
23,458 Blog Posts

LUNATICS ARE IN CHARGE

We fucking tanked into the bell, because dicksuckers sold into strength. This morning, we dropped like a stone on a false press release, regarding Austrian politics. There is nothing, whatsoever, logical taking place here.

Let me be clear (no 0bama): I am long tech, a great deal of it, with 30% cash. I own large amounts of TLT, as reserves, in order to benefit from the fear trade. My largest position is VMW and I intend to take profits when The PPT flags OVERBOUGHT.

Make no mistake, today’s close was bad. Expect more of this shit until the lunatics are killed. I need the keys to Zion you fuckers. The smell of this place is making me sick and I want to murder every single one of you, with my ax.

The world is filled with fear and this country is being led by the blind. The people who will replace the blind are fucking psychopaths. Long term, I am not optimistic. Short term, I am looking for gorillas eating cocaine leaves to smash rocks over your heads.

You do not deserve music today. Now go home.

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104 comments

  1. jimmy_two_times

    Love the use of nil in Bama name.

    one fooked up market here

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  2. clegger_2000

    Rick Ross is not afraid.

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  3. checklist

    half the days gains given up in the last 30 minutes, the whole day (like several days recently), more or less in a perfect trending channel…

    not lunatics, computers are in control.

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  4. alf44

    .

    SHORTER tha Verne Troyer !!!

    .

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    • The Fly

      Ooooh, you’re close to a full ban. Just go away now. Come back when I am in a better mood.

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    • Mad_Scientist

      Alf, you already were shorter than verne troyer before you got your eye poked this afternoon.

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      • alf44

        I was NET LONG … before this morning !

        Read tha posts !

        I ain’t postin’ lies here, Sir !!!

        Call me obnoxious … if you must !!!

        Do NOT … call me a liar !!!

        Try to keep up !!!

        .

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  5. schizo1688

    i thought PPT flag over-bought already….now can we have melt down tomorrow ?

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    • The Fly

      I already requested your FULL BAN. You are a dead man walking. Prepare to see Mr. Solomon.

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    • TeahouseOnTheTracks
      TeahouseOnTheTracks

      If the PPT didn’t flag over-bought then OEW did …

      OEW DAILY RECAP:

      “The market opened higher today, tested the OEW 1168 pivot range, and then rallied into the lower 1200?s. This rally from Monday’s SPX 1136 low falls in line with what we had expected, an Intermediate wave A of about 70 points. It was 66 points. With the market ending the day “extremely overbought,” it may be time for an Intermediate wave B pullback back to the lower end of the OEW 1168 pivot range. Short term support is at the 1187, 1176 and 1168 pivots. Overhead resistance remains in the low 1200?s, plus the 1222 and 1240 pivots. Should this market continue to follow its recent scenario, we should get the Int. wave B pullback then another rally to complete Int. wave C and Major C.”

      Then you may install your shorts …. naked if you don’t mind the chafing of burlap, Ha!

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    • Mad_Scientist

      He’s trying to use reverse psychology to get you to reveal the ppt secrets.

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  6. rookie

    F*ing hell, you can tell the goddamn “pros” are back trying to screw everyone out of their money and sanity. think i might take the rest of this month off and preserver my gains.

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  7. Blind Read Ant

    Nice post Fly. Strong. Brooding. Aggression.

    If it’s at all possible to increase this sense, you might consider CA’s newly (re)elected Gov. Brown got “resentencing” revisions into our Penal Code.

    Thus, “just in time for Halloween,” i.e. Oct. 1, 2011, rapists, car thieves, attempted murderers and thugs of the above average variety will be released from prisons and returning to the projects and a neighborhood near…me.

    YAY!

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  8. jose mann

    I am taking the rest of this month off even though I have no fucking gains this year, actually down 3K on some stupid trades …

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    • TeahouseOnTheTracks
      TeahouseOnTheTracks

      and more losses to come if you get cute and try to go short again next week … sure you can sell the clam tomorrow/Friday after the news but he’ll get even after the weekend … GLTY

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    • DRAXWIN

      stop trading the levered “widow makers” Jose.

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  9. Cato

    Selloff was from a perfect trendline tag on SPX from 7/22

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  10. Belly of the Beast
    Belly of the Beast

    A bit of Southern Twang this afternoon ?

    http://youtu.be/9-kjIfx1aQo

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  11. mutabaruka

    What the Fuck just happened?

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  12. mutabaruka

    My profits are down 50% in 6 minutes I leave my screen. You pussies Its ok going long overnite.

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    • jose mann

      why do you leave the fucking screen, you have better things to do ??? did you take a shit and it takes 6 minutes … no fucking or pissing or shitting during market hours …

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      • mutabaruka

        New Rules During Market Hours.
        No fucking, No Shitting, No Pissing, No can you go buy me some groceries, go fucking buy your own groceries and Get off watching Maury.

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      • flyaway18

        Jose, you seem to have this fixation with activities associated with four-letter words ending in “ing.” What is that about? I’m beginning to worry about you going postal (ing).

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        • jose mann

          Fly, I am a postal carrier, so I am postal, and I am going to lose my job soon if you guys do not start using the USPS, fuck …

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          • dave

            How much would you guys have to charge for first class mail to break even on 3 day a week delivery?

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  13. The Zombie

    Fucking awesome post.

    Respect The Church Of The Fly.

    The Fly is God.

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  14. JDS

    Ya this market is fooked. Only short term trading strategies seem to work for me. Volume was crazy light on the way up so I guess it was susceptible to getting killed easily. Gayballs.

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  15. The Fly

    “I’m selling dope, straight off the iPhone” has to be one of the dumbest rap lines in the history of rap, which makes it the best.

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  16. The Real Alf

    Listen up idiots!!!

    Let’s recap shall we?
    _

    I was long all day until the exact time of the high and then went short!!
    _

    Cha Ching!!!!

    Just smarter than you loosers- yes spelled it this way on purpose!!!!

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  17. Niles

    Confusing as hell, first Fly says were all fucked now he says roll em over and go long in a span of a week. I think the recent rally we have will fade by the end of the month and you can look to another big sell off by end of OCt/ Early Nov, that is where I am long

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  18. PositvePsych

    There will be lunacy and there will be music!

    http://www.youtube.com/watch?v=yW0ltw7fsdI
    The The Slow Emotion Replay

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  19. TraderCaddy

    This video of Michelle Obama at the 9-11 ceremony has gone viral.
    There are those who suggest she is saying to POTUS “All of this for a damn flag.”
    Any deaf people out there who can read lips?
    I find it hard to believe but….

    http://youtu.be/8W5xDBxE_0w

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  20. The Zombie

    I cannot seem to give thumbs up or down on any comments. Is ALF a hacker?

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  21. A

    just received a notification i can buy GSVC’s secondary via Etrade…coming out next week. have you heard anything? are these things worth it? you have to put your shares and a price

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  22. Apocalypse Now

    Hi Fly-

    Important Question regarding PPT score (member):

    Can we recalculate this every 15 minutes? These wicked reversals require day trade like skills to manage volatility – many algo driven computer trading strategies are being used.

    Also, the PPT score at 4:00 has since changed and increased since 4:00. I am not sure how that happens since 4:00 is end of day.

    Thanks from a member.

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  23. josh

    Lunatics are not in charge. Retarded hft algos are and they need to bee stopped. I’m dead serious.

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  24. halfbloodpope

    I have been at miserable pharmacy all day and I dont get to go home. This is 14 hours of stupidity. Be careful with the blind jokes Mr. Fly, Alf may take offense.

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  25. Tommy

    The world is a complete and utter mess. It really is not enjoyable trading TNA and TZA on a daily basis. Yes, coin is being made, but it is an uneasy feeling everyday wondering if the market is up 5% or down 11%. The rambling of directionless earwigs and bumbling politicians with their heads in dark places and fingers in greasy tills. The US squirming in its debt fuelled, deficit ridden nightmare. Pondering when a nation goes belly up and the basic systems we depend on get eradicated. The delusion of politicians with only one eye on the ball and the other eye trained on a life of leisure and entitlement post-retirement. We have sealed our coffin’s to a post 9/11 lifestyle that has waged multiple wars around the world; drastically increased the role of government in our lives; changed the way we travel; and abandoned basic privacies from personal finance to library records. We have let police agencies become paramilitary organizations…….. All of this for a damn flag – the word’s of Bumma’s wife at the “post” 9/11 gathering.

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  26. xxxHuggieBearxxx

    i am going short and preparing for the apocalypse. it is upon us.

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  27. ?

    Twas bryllyg, and ye slythy toves
    Did gyre and gymble in ye wabe:
    All mimsy were ye borogoves;
    And ye mome raths outgrabe.

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  28. TraderCaddy

    BoSox lose in the 8th and Rays are now up 2-1 vs Baltimore.
    Time for DJ Kitty:

    http://mlb.mlb.com/video/play.jsp?content_id=12092851

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  29. tx slave trader

    LMFAO @ gorillas eating cocaine leaves comment…and I went long some CIEN calls to follow Senor into the abyss…

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    • Tommy

      Memories of the delightful Coca leaf. A few countries in SA allow for the ingestion of the wonderful leaf. Spent a long time in SA drinking and eating the tea leaves. Helped with serious cases of altitude sickness. Also, kept one hell of a smile on my face. Good times.

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  30. Frog Playing a Colorful Accordion
    Frog Playing a Colorful Accordion

    “The world is filled with fear and this country is being led by the blind. The people who will replace the blind are fucking psychopaths.”

    Good point, Fly. I marvel at how concisely you make your points sometimes.

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  31. DRAXWIN

    SOCIETY OF FEAR, 100% AGREE, fucking pathetic…

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  32. Yogi & Boo Boo

    What is it with bears? I don’t get it. Ship them all to Alaska, or better yet, Jellystone Freaking Park.

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  33. dave

    Are bid/spreads being filled within reason on TZA/TNA limit orders by etrade/tdameritrade users?

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  34. razorsedge

    humm, i retired 7 years ago. but found it boring. i own everything out right. but i like to work. seems many want something for nothing..play on the backs of others, ok but u need to know how they got there.they have a passion u dont.

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  35. dave

    Just because I’m working on my n’th beer. I had an epiphany…. apocalyptic sex insurance.

    Pay a premium and be guaranteed sex with porn stars in the event of a Mad Max scenario.

    http://losangeles.cbslocal.com/2011/09/14/la-porn-studio-begins-construction-on-post-apocalyptic-underground-bunker/

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    • Yogi & Boo Boo

      Look on the bright side. Their ‘clypse will probably consist of some as yet undiscovered horrible STD while they’re locked inside their Effing [sic] bunker.

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  36. razorsedge

    sorry, ment the people who work, they r the real america, bustin there ass for a better life.payin there bills, tryin to make ends meet. while the govenment figures out how to fuck them.

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  37. tradingmantis

    Halfbloodpope – don’t tell me there are 2 pharmacists on this blog…including yours truly…

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  38. alf44

    If I Had A Rocket Launcher

    Here comes the helicopter … second time today …
    Everybody scatters and hopes it goes away …
    How many kids they’ve murdered only God can say …
    If I had a rocket launcher … I’d make somebody pay !

    .

    I don’t believe in guarded borders … and I don’t believe in hate …
    I don’t believe in generals or their stinking torture states …
    And when I talk with the survivors … of things too sickening to relate …
    If I had a rocket launcher…I would retaliate !

    .

    On the Rio Lacantun … one hundred thousand wait …
    To fall down from starvation … or some less humane fate …
    Cry for Guatemala …with a corpse in every gate …
    If I had a rocket launcher…I would not hesitate !

    .

    I want to raise every voice … at least I’ve got to try …
    Every time I think about it … water rises to my eyes !
    Situation desperate … echoes of the victims cry …

    If I had a rocket launcher … Some son of a bitch would die !!!

    .

    ~ Bruce Cockburn ~

    .

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    • SUBCOMANDANTE CHINCHILLLLLA!!!
      SUBCOMANDANTE CHINCHILLLLLA!!!

      Gringos don’t know shit.

      “Cry for Guatemala”

      FUCK YOU, ASSHOLE.

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  39. JakeGint

    Fly — I don’t know how you could hate the Dogsledder now… never mind the banging Glenn Rice stories… howabout this one?

    Before she was elected governor she is also said to have snorted cocaine with her husband off an overturned oil drum while snowmobiling with friends.

    Giddyap, little Cowgirl!

    ____________________

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    • JakeGint

      That would have been much more effective HAD THE FORMATTING NOT BEEN TURNED OFF.

      …..for fuck’s sake!

      ________________

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      • alf44

        My GAWD…you are even MORE “anal retentive” than I am !!!

        Perhaps we ARE “twins separated at birth” !

        YOU … obviously being the .. DUMB ONE !!!

        .

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  40. alf44

    OH !!!

    BTW …

    TOMORROW … WE DINE IN HELL !!!

    .

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    • SUBCOMANDANTE CHINCHILLLLLA!!!
      SUBCOMANDANTE CHINCHILLLLLA!!!

      YOUR MOTHER SUX COX IN HELL

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      • alf44

        My Mother is deceased !

        Special place in HELL … for degenerates like you !

        And to think … there are actually other scumbags out there … who would give that filth a thumbs up !!!

        Pretty sad and disturbing !!!

        .

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  41. Yabollox

    Lunatics or Psychopaths…. what a choice!

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  42. JakeGint

    Meanwhile…

    Presenting…A New Wave Musical Interlude in High Accordian.

    ___________

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  43. Hermes

    The Internet and NYC always deliver. Trending on all the cool sites.
    http://www.youtube.com/watch?v=Qak0qvetvPw&feature=youtube_gdata_player

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  44. Trading_Nymph

    The Bright Side, I haven’t sucked at Trading as much as the UBS Trader, ouch, 2 Billion Dollar loss….Also, Fly didn’t give us a Vid, So I am bringing “Oh Sookie” for all the True Blood Fans in the house http://www.youtube.com/watch?v=J8tODhvb47s

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  45. StockThrust

    Hahaha this was one of the best posts you did this year. You get one more chance to bail this morning before all the economic news thats coming out.

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  46. Ned Kelly

    Hahahaha. World markets are correlated and since Greece has been fixed again…..Euros go up and up we go. Of course Greece will become unfixed within days.

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  47. BanAlf.com

    Just found out Alf’s name…

    Kweku Adoboli of UBS

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  48. Raule

    Gold, bonds, and bucks in the toilet. Coin banketh time, scientifically of course.

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  49. Rogue Trader

    Anyone playing the Hong Kong dollar for an upward valuation of about 30% within the next year? Mr. Limm pronounces it “dow-war”.

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  50. TraderCaddy

    I think Merkel just had an orgasm.

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  51. xxxHuggieBearxxx

    Ahhh…I love the smell of gubbermint innervention in the mornin’.

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  52. carsony

    long. mww,vlo,tex

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