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
23,431 Blog Posts

ICE COLD (REMIX VERSION)

I want to do the ICE COLD blog post again, since the last one was typed while I was walking, using my fucking iPhone, while wearing sunglasses.

Words cannot express the sheer anger I feel right now. It’s raw and barbaric. Instead of trying to play the market, I’ve decided to light fire to a barrel of garbage, each and every morning, right in front of my house, on the lawn if you will. As the flames burn and “aromacize” my neighborhood with the pungent smell of trash, I will cordially dump hundreds of thousands of dollars into said barrel, while in my robe, slippers, and fitted with a smoking pipe. Gleefully, I will waive to my fucking neighbors, as they go off to build pyramids, or whatever the fuck they do. If any of them try to touch my burning monies, I will throw them into the barrel too.

This will surely offer greater joy than, recklessly and without control, hemorrhaging money due to fear and greed. Fuck those emotions. I am going with aggressive-compulsive disorders from now on.

As I type this shit, I try to remind myself “hey, it’s just a little bit of money. You can make it back up, dipshit.” But then my alter-ego jumps in and punches him in the face and lights his suit jacket on fire, while tossing marshmallows.

It doesn’t matter that I lost “a little bit of money.” I fucking sold out of the market on Thursday of last week, only to see a minor lift on Friday give birth to a monstrous GORILLA RAPING today. The end result, my fucking GSVC went down! You have to love that. Oh, and my WNR gapped the fuck up, whipty (sp?) fucking dooo.

Most of my shorts went up in line with the market, except EXH. Yeah, that motherfucker gapped up A BUCK from my initial short. Now I am married to the bitch and will need to average up. Mind you, this is just one small day. Tomorrow is another day and I am sure the same shit will happen. My shorts will go up forever, GSVC will trade flat and WNR will trade up too. It’s the perfect hell for me, one that has me homofied of my own cock, largess with 70% cash.

Don’t talk to me and you better not leave any fucking comments here. This blog is not for you, but to remind myself of how fucking stupid I am.

[youtube:http://www.youtube.com/watch?v=FgXBAnduGrc&ob=av2n 603 500] If you enjoy the content at iBankCoin, please follow us on Twitter

114 comments

  1. dishobgyn

    I hope you dont have any sharp objects close by.

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  2. dk

    i can’t type while pissing in my pants. i retract me disrespectful comments about ibanklesscoin.com.

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    • The Fly

      FUCK YOU.

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      • dk

        should be you’re both banned. just saying. ok.. i know.. fuck me.. i’m banned. i’ll break the news slowly to the kids.

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        • The Fly

          long day. You live another day thanks to your kids.

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        • just kidding

          DK… it’s not a banning you should be worried about… Fuck with the Fly enough and he will not only tell you to go fuck yourself, but he will rip off your cock and shove it so far down your throat that the next time you shit you will literally fuck yourself.

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  3. xxxHuggieBearxxx

    The remix version was a big improvement.

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  4. Bobby Boucher

    RUT is headed for an 8 handle and will see said 8 handle before it sees a 5 handle. Two things stand out on the chart;
    1. The move below 650 in price was not matched by momentum (MACD) setting up a textbook positive momentum divergence,
    2. The break below 650 (the August low) was supposed to start a move lower to complete the bear flag pattern that formed in July and August. The move failed as the RUT has now regained 650. Failed moves lead to swift and violent moves in the opposite direction.

    RUT should now move to the 800 area for a touch of the broken uptrend line that can be drawn from the Mar 09 low to the Aug 10 low.

    I would play for this myself except I was caught in the first week of August thinking we’d get one more decent rally before the current downtrend began. Thus, I’ve been 40% long via URTY since RUT 750 and I’m not inclined to average down an underwater position.

    http://stockcharts.com/h-sc/ui?s=$RUT&p=D&yr=3&mn=0&dy=0&id=p52437512066

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  5. flyaway18

    I saw AGQ in the first hour of trading dip below 100 and I wanted to buy some but I couldn’t. I watched it from my mobile trading platform. It went to about 102 then dipped back below 100. I said that mother is a buy right now and next thing you know it shot to about 109. I hope Jake stayed in too because they really were trying to shake people out.

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  6. Duh

    Fucking hilarious!

    Disclaimer: Not your plight, but your prose

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  7. flyaway18

    You said last week you weren’t going to short the market. The market is acting like a petulant child right child, refusing to obey your commands. IDK, in a market like this I’m just observing but I don’t trade for a living, and that’s probably a good thing, lol.

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  8. dishobgyn

    this market is doomed and will test 9600 on DJ and 1000 spx
    not to worry
    you can not pick every apple.

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    • Mad_Scientist

      9600 isn’t even that far down. Why is a test of those levels considered “doomed?”

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  9. ok y not

    Senor Fly,

    To cheer you up I will return your
    garden sphere. Disregard the previous
    ransom request.

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    • flyaway18

      lol, that’s funny. I actually saw a garden sphere floating down the Mohawk River Valley during Hurricane Irene. Thought it might have been Fly’s.

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  10. Niles

    Looks like stock market for dummies just found their new author 😀

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  11. Joe

    How do you lift a poor fly who’s stuck in a pile of shit?

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  12. The Fly

    Your both banned.

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  13. Joe

    LOL I was waiting for that comment. Love yo’ shit btw!

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  14. La Fayette

    I never short. Bad karma.

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    • drummerboy

      liar

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    • lol

      karma? Why, who the hell else is going to create a market floor when it all goes to shit but short sellers who decide they want profit? If not for short sellers, how would you get outrageous “short squeeze” gains?

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  15. SteveTheNeighbor

    “Gleefully,I will waive to my fucking neighbors, as they go off to build pyramids, or whatever the fuck they do.”

    Hi Neighbor Fly. You must mean your other neighbor-Old Man DeLuca. You know what I do. I am unemployed, trying to set up a hot dog cart business, and I sell you all kinds of insurance on the side.
    I am sure you know that my people are good at building pyramids but I won’t go over there with that so called Arab Spring nonsense going on.
    Anyway, let me know when you light your barrel of trash. I have some gefilte fish to BBQ.

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  16. JakeGint

    I fear today’s action springs from the karmic results of last night’s gleeful schadenfreudian dance on the (alleged) graves of the silver bulls.

    The only remedy, I fear, is for Le Monsieur to go long and strong AGQ at first light tomorrow.

    __________

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  17. The Real Alf

    Listen up morons and you will learn something!!!
    __

    I covered my shorts at exactly 2:00 PM because old lady Merkel got her fat ass out of bed and called me.
    __

    She told me about the plan.
    __

    I went long fully leveraged and of course I outperformed you loosers-yes, loosers!!!
    __

    Never doubt me and maybe you idiots will learn something!!!!!

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  18. Yikes!

    You need only one indicator when the machines are in full control. A simple moving average. The 60 min period has been working like a fucking champ. Machines don’t trade on news/fundamentals. They trade on price/volume. End of story. This market is as stupid as Forrest fucking Gump.

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  19. @crazyfasteddy

    Time to have a nice relaxing cup of shut the fuck up and get it together man! Time to use that iPhone ala brass knuckles to start the lawnmower on people asses already! It the Fly ain’t on his game, that doesn’t give the rest of us pikers a hope in he’ll now does it??

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  20. @crazyfasteddy

    Fucking iPhone autocorrect… that’s If the Fly aint on his game… …hope in hell!

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  21. En1gma

    Love the honesty Fly. A rare trait nowadays.

    /raises glass

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  22. Schizo1688

    Ppt is in over-bought territory already,1 more green day,I’ll initiate my shorts, great day today,I didn’t get hurt

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  23. Johnny2time

    $2 Trilly from the ECB has to be the bottom, still holding XIV lol.

    http://www.youtube.com/watch?v=NGu1YlXHVFM

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  24. DRAXWIN

    most likley you will be on the “pain train” for a few more days, until shit hits the fans again. I don’t know what kind of stops you run, but hopefuly you don’t get stopped out of ur shorts. I know how you feel, believe me….

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  25. Steve

    http://www.etf-corner.com/

    The guy is spot on. Check him out fly.

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  26. bob

    Dead Sea Scrolls Commentary on Recent Equity Markets

    Chapter 5 : Verse 20

    Woe unto them that call evil good, and good evil; that change darkness into light, and light into darkness; that change bitter into sweet, and sweet into bitter!

    English translation of the Great Isaiah Scroll (Masoretic Version)

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  27. bob

    …and a follow-on prediction of the market capitulation:
    Chapter 6 : Verse 11

    Then said I: ‘Lord (of the flies?), how long (to the bottom?)?’ And He answered: ‘Until cities be waste without inhabitant, and houses without man, and the land become utterly waste

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  28. freefall

    told you everyone was too bearish… Sold all my spy calls EOD..

    Now that the short squeeze is in a pause to slightly higher day… gotta keep everyone riveted to the screen for the next episode..

    the crash commences later in the week when it is revealed that……

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  29. futures

    Never lmfaoed so hard in my life. Really. Fucking comedic genius. Even though I admit to being an obsessive compluslive douchepleb, I can totally relate. I would have made thousand upon thousand today (alot for me) if I didn’t keep shorting the ES bottoms and going long into the tops. As it stood I ended up making $60 which is more stupid than playing my families birthday’s on the stupid fucking 100 million megamillion lotto. My horse broke the fuck down in the stretch when he was 15 lengths in front because he tried to jump the fucking rail after getting spooked by a flaming barrel of degenerate garage.

    Fuck me

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  30. ruggyup

    On the top step of my Oxydol box and from behind my Maui Jims, I see “all hat and no cattle” Rick Perry being challenged for goat droppings foreman only by Alf and his retinue of Alfs in Drag. They all have the long term value and appeal of dog dirt.

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  31. xxxHuggieBearxxx

    Listen, don’t let anybody fool you. ICE COLD can be useful too; whats your call on the market for the rest of the week? I know just how to play this…

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  32. Tino the Neutrino

    Europe officials are now working on a 17,6T euro bailout fund by applying existing banking standards to the EFSF.

    The fund will be used to prevent the debt crises from spreading and to end world poverty.

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  33. silentmax

    its aight boss le fly technicals point to a 1-2 day bounce and crash we go again. i lightened up on gsvc today. with no liquidity in gsvc some might have followed me. ahhh hell who knows.

    im bracing for a full on crash this oct is going to be a bitch and im preparing for it with a smile
    Anarchy and Mayhem

    lets go.

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  34. weaponsgrade

    The Fly- You start letting negativity take over and, man, you loose. You need that unconsciousness-on-demand gift given to
    athletes. But in your case the stock market.
    I will give it to you for just 50 bones. Let me know.

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    • The Fly

      Banned for saying “loose”

      A GAME.

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      • weaponsgrade

        Never was a student Fly. But hey..I was in the E-ZPass lane to the NBA. I never spent one night on a college campus except for making a booty call. I have been searching for someone to manage what’s left of my $. Not sure if your the dumbest person on earth or some kind of closet genius. Strongly leaning to the first and your not a market savant. But you sure can pitch shit. Frankly, most would be better off having Osama bin fuckin’ Laden mentorin’ from a league under the sea. Still waiting to see whats behind the all your shit.

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  35. J. Livermore

    I don’t give today’s rally any credit. Built on hope. We will see lows in everything (except the dollar) again very soon.

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    • Mad_Scientist

      Ok, but that’s what the bears say about every green day, and after 5 days of rallying, they say, that 5-day rally has no credit ‘cuz volume was low’ – meanwhile we ripped off 55 s and p points before now turning to go lower.

      Similarly the bulls say about every drop that it has no credit ‘cuz we didn’t make a new low’ but meanwhile we dropped 700 dow points.

      Credit really does not matter. The price action matters.

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  36. J. Livermore

    Alonzo: “I’m the man up in this beast”!!!

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  37. Riff Raff Jr

    http://youtu.be/m3gRH-hPS9I

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  38. Riff Raff Jr

    found the fly on youtube

    http://youtu.be/qOfClVBdXUI

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  39. La Fayette

    end of year repositioning started today..you wanna be in positions and long ahead of these knuckleheads.

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  40. synackf1n

    Angry Fly is best Fly. No disrespect.

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  41. R Kelly

    That was gayer than richard simmons humping a rainbow while shoving skittles up a pigs butthole.

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  42. R Kelly

    *the riffraff video, not Fly’s post

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  43. The_Real_Hmmm

    Going to take a shot and go long PCX, ANR, and MTW tomorrow. I wouldn’t mind selling puts in them either. These relentless pumpkin throwing sellers are fucking rapscallions!!

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    • The Fly

      STAY AWAY.

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      • The_Real_Hmmm

        You look into REITs at all for shorts?

        I know Cain has some knowledge of the industry but after today’s new housing numbers and last week’s existing sales, the constant among them is that y/y housing prices are declining, again. Some of these REITs are paying out ridiculous dividends and one that I was looking at has a secondary offering rolling out (NCT). Note that NCT also invests in senior unsecured debt. There’s a good amount of fat left on the stock too.

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  44. 4fl3x

    Maybe you could get your money back getting long ANR.

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  45. Mad_Scientist

    Kind of had a feeling this would happen…

    Mad_Scientist says:
    September 24, 2011 at 10:28 pm
    And we will see what we saw before. “Journalists” trying to explain the movement of the market with gems such as, “market gains relief as investors hope for EU intervention.” “Market regains confidence on hopes of EU monetary intervention” Sound familiar?

    “Market edges higher on hopes of QE3? This was what we were told until Bernanke announced it was a no-go.

    And today?
    “Stocks jump on hopes for a Europe fix; Dow up 272 ”

    http://www.forbes.com/feeds/ap/2011/09/26/general-industrials-us-wall-street_8701682.html

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    • Mad_Scientist

      Of course I don’t have any winning trades to show for it, but whatever.

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  46. Largebill

    Brand new day in 2 hours and 12 minutes.

    Let’s hope it is a day full of mustache punching. Go get ’em!

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  47. xxxHuggieBearxxx

    looks like we go higher tomorrow folks…end of quarter rally is on!

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  48. Surplusdroids

    If the banks implode and the world descends into anarchy I will get long defense contractor names.

    The thesis being, get long any large or mid cap that is permanently engrained in the accounting and procurement infrastructure of the federal government.
    Especially the pentagon. (NOC, RTN, HAL etc.)

    Fuck this market and fuck it all.

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  49. La Fayette

    No, it was the Bills throwing dirt on their 21 game losing streak and dancing on the Patriot’s graves. That’s why the market turned around today.

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  50. Bullish

    T. Geithner is stepping up his game. He says that Europeans got the clear message.

    I somehow actually feel the Europeans are gonna fix this thing this time.

    Why? I don’t know. They have been a buzzkill the last 99 times I’d hoped they’d do the right thing.

    Looks like coordinated action is just beginning.

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  51. The Fly

    I particularly enjoy when the Europeans go out of their way to deny any progress in bailout talks

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  52. noodle

    Fly is a bawse. He is actually winning right now.

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  53. JakeGint

    What’s a bang off the long term trend line tell ya?

    Maybe nothin’. Maybe a whole lot.

    ____________

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  54. Blind Read Ant

    Eh, given that parts of the world are back at the 500 year let’s take over planet juncture, plus the “euro project” in a dejected state, our market’s will rally soon.

    Even if doom-gloom is all the graffiti on the streets.

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  55. J

    This is a maniacs market. Only mad dogs and new yorkers trade them… and ex New Yorkers.

    look at fucking gold. I went to bed a 2 am my time with gold looking it was heading into the toilet and look at it now.

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  56. JTU

    I was buying all the way down, shitting my pants while doing so but I’m a firm beleiver that you have to buy stocks when they go on sale! My only regret now is that I didn’t deploy the rest of my cash yesterday! It looks like we may have a Big Day!

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  57. J

    JTU

    this shit is really fluid. It all rests on political decisions in Europe and if was easy it would have been done a long time ago.

    If they do something big the recent highs will look like 4 galaxies away.

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    • TraderCaddy

      Agreed.
      Market moves are based strictly upon political decisions and the subsequent Euro moves, etc.
      Underlying economics now and six months out don’t mean much.
      I will be watching 10:00 AM consumer confidence numbers and if worse than expected market will go down for about 2 minutes and that is where I will probably do a trade or two.

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      • dk

        TraderCaddy.. there wasn’t even one fuck in your post. Where the fuck do you think you are.. stocktwits.com? Jeez, if I want lame market analysis I can turn to CNBC.

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  58. HFT Robot

    Your efforts are futile. We control this market.

    The sooner you understand that and stop trying to extrapolate intra-day and daily charts, the sooner you will begin to make money.

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