Reflecting back on 2011, I want to punch calendars in the face. As of right now, as you read this, “The Fly” is losing coin. In a way, you can say I’ve squandered my recent successes via holding onto my hopium pipe. I smoke from this pipe and make outrageous declarations, while in robe, from my balcony. My neighbors ask me to tone it down and I retort by firing my bedroom cannon at them. The recoil from the battery nicks my furniture, pissing Mrs. Fly the fuck off.
I am in this war alone. Most of the people I know do stupid shit, like defend criminals in court or sell drugs through fancy offices. Wall Street is besmirched by the media and “main street” as an evil group of people doing fucked up shit to the economy while everyone sleeps. The truth of the matter is, it is YOU, main street, who fuck everything up, via your votes and spending patterns. You are degenerates, unable to manage a purse, let alone a $15 trillion economy.
You borrowed money from banks then walked away from your obligations when the value of your home went lower. Well, fuck me running sideways. I’d like to “walk away” from my LULU and RBCN investments and just forget about the whole ordeal. Oh, Mr. Congressmen, can I please just walk away from it and sue Morgan Stanley for recommending those stocks? You see, I’m a fucking idiot and I believed what the smart folks at Morgan said. I’d like my money back and another $500,000 for pain and suffering.
You cocksuckers on Main Street are a DISGRACE to the world. I see you little pigmies and I know how you think. While the apparatus on Wall Street is not perfect, we are leagues smarter than the fucktard who makes widgets in Somedumbfuck, Michigan.
Naturally out Prezident backs the zeroes because he’s never been a boss. It’s populism rum amuck and you’re all gonna pay for it, dearly, when your bullshit 401k plans hit zero.
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Ha, thats some good shit right there!
SomeDumbFuck, Michigan!
I’ve been there!
Ditto
I think there’s an Indian Casino there.
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so dramatic …
2011: the year when everyone lost money, except for those who barely managed to make any.
the truly wise understand sometimes its best to just sit it out
hahahaha
The shrills of a man, who bet on a horse which never left the gate.
BANNED
Rantastic!
Santa Claus called and told that this market is a $hitshow. I’m not playing for the rest of the year…. this is nuts. Down every day!
The Protesters are busy yelling it was Grandpa and Wall ST that killed Santa Claus.
When you say fire your cannon, are you referring to your General Jr?
If so, that’s incredible range.
Fly I wouldn’t worry about Lulu. Once the drug pushers and lawyers see you walking around in your Lulu pants, Lulu will double. Here is a picture of the Fly in his newly purchased Lulu pants:
http://yogaqueens.net/wp-content/uploads/2011/08/yogapants-for-everyone_men_081011.jpg
Damn, those look comfortable. I bet they’d be perfect with a regal robe!
I don’t like this post. Have another go at it son, this time with a positive disposition.
Yup… I lost money, then got out in early Aug, now just waiting for a good time to get back in… Maybe mid next year??
You’re a far smarter trader than you realize.
We aren’t even at the half way point of the month. Santa can still come to leave wonderful treats for us, the second half of the month is usually more bullish
SPY hold of 120 favors the bulls
Isnt that spelled “bawse” ?
that godamn main street. bad main, bad main.now heel boy, heel.
Right on FLY!!!
fuck those fuckin fucks! Even as he goes down the ‘Fly’ teaches you all how to lose like a MAN. Did someone put a gun to the fkin dumbfuhcks head and FORCE them to buy a home they couldn’t afford, take out a 2nd mortgage to buy an SUV and a Plasma screen? in the words of Method Man – fuhhh que, fuhhhh que, fuhhh que…
http://www.youtube.com/watch?v=DxthUUoCKJ8&feature=autoplay&list=AVGxdCwVVULXcYZi3gMMwIZhDToomlqGSC&lf=list_related&playnext=1
so fly what r u tryin to say? dont hold back.i have sold my gld pos for a loss, i am 90% cash now.
pygmies not pigmies
Actually, I do believe he means “pigmies”.
Although, I think “little pigmies” is redundant. But, hey, who am I to say? I don’t even own a cannon.
If it was written PIIGmies, and then part of some form of alliteration you would be correct. You don’t own a cannon, but do you own a Canon?
He may have been talking about small pygmies, you know, relative to reg’lar pygmies.
________
boss, your blame is misplaced for today .. look no further than the euros nuking the planet … bernanke was spotted heading to the senate saying he is very concerned about europe .. uh, yikes !
I’ve always wondered why The Fly wasn’t more criticle of the middle class. This post more or less echoes my own thoughts towards americans in general. We’ve had it way too good, and we’re totally oblivious to the fact that we live well outside of what can considered fiscally responsible.
Very well said Sir Fly.
Based upon your writing, I would have to say you are “PISSY”.
PISSY…… PISSY …… PISSY ….. PISSY…
PISSY…… PISSY …… PISSY ….. PISSY…
PISSY…… PISSY …… PISSY ….. PISSY…
PISSY…… PISSY …… PISSY ….. PISSY…
PISSY…… PISSY …… PISSY ….. PISSY…
PISSY…… PISSY …… PISSY ….. PISSY…
PISSY…… PISSY …… PISSY ….. PISSY…
PISSY…… PISSY …… PISSY ….. PISSY…
Move on!
You should be banned, just sayin’
BANNED!
And the great Americna tradition of blaming someone else lives on.
BANNED!!
Wall street isn’t made up of genius, it’s made up of crooks like Corzine who aren’t held accountable.
FLY:”…HORATIO CLAWHAMMER will return, with Merlin as his friendly, yet insidious, sidekick.”*
Needs more /\ /\, less betting on politicians.
*Thu Sep 1, 2011 1:54pm
We’re smoking hopium…and you don’t want no part of this Shit!
http://www.youtube.com/watch?v=AnZh1fgk8wk&feature=related
1210 has held…1300 here we come.
I wish they’d stop trying to shake me out of this shit.
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yeah… But (commenting from the side lines), 1230 held two days ago…
All you wannabe hedge fund managers…put the whole fund into TNA…you will make back 22% in 3 weeks.
Until You find out your accounts were traded in REPO markets and your global account gets MF’d
Good luck!
1) Who forced the fuckin’ banks to write mortgages for deadbeats? And don’t say fuckin’ “Barney Frank and the FHA”
2) Who forced the fuckin’ banks to bundle and sell shit mortgages, and who forced big banks and brokers to buy bundled shit and create derivatives on it?
Blame WALL STREET, not Main Street.
If two parties are responsible, why are people looking to blame ONE?
And I do not mean “republican” and “democrat” (although that applies as well)
This is such a stupid debate, as obviously both MAIN STREET and WALLSTREET are at fault. Hence, why there were two parties to those transactions.
WALLSTREET was nuts for loaning money to the kinds of uneducated monkeys you find in the lowest walks of life. Those people live in their own excrement – obviously they should have been made to do so in a one bedroom apartment run by a slum lord. They’re disgusting little rags who don’t deserve shit in life, for their stupidity.
But saying that means they get a pass…come on, bullshit. They borrowed the money; you need to hold these animals to something or they’ll run wild and chuck feces at cops in New York. You have no business slandering WALLSTREET because they were propping up civilization and suddenly couldn’t support the weight any longer, even if they did live lavishly during the good times.
The high school drop out and low income housing recipient are as much to blame for this fall by not paying their mortgages as the people who were dumb enough to think these kinds of people would ever amount to anything.
I would imagine their credit is ruined and it becomes impossible to buy/rent anything in the near term until they can prove they are a low risk again. What should we do? throw them in a debtors prison?
What was stopping a “high school drop-out” from walking away from a mortgage they couldn’t afford 10 years ago? They weren’t being approved 10 years ago! The easy money the fed created and government propaganda/ group think that everyone should own a home and that it will always increase in value are the biggest culprits
I’m not advocating shit. I’m telling the “BLAME WALLSTREET” crowd to shut the fuck up.
All of these arguments are akin to saying “don’t blame the dog for peeing in the house, blame the master.”
“Master shouldn’t have trusted the dog. The man should clean up the mess.”
Fair enough. Since a person is expected to own up for themselves when they behave badly, like pissing in the living room, then I will stop treating these men and women like people. They took money they couldn’t afford but they’re not responsible because they’re dumb animals.
And they can sleep outside because that’s where dumb, filthy animals sleep.
I understand what you’re saying and I agree with you that people need to be responsible for their actions regardless of circumstance. I disagree with you, that the blame wall st people need to STFU. They have valid points in that the corruption/greed on wall st had a part in the problem, look at countrywide
http://pslweb.org/liberationnews/news/bank-of-america-owes-billions.html
when the master allows the dog to piss in the house for years unchecked, it is hard to blame the dog when he pisses on the bed
It’s not hard at all. And if there’s yelling to be done, the dog does not get to yell at its owner.
No, dogs can’t talk, but they can def bite and any owner who beats his dog should be bitten
you’re all full of your own excrement. A contract is just a contract. There is no honor amongst thieves or lawyers.Keep your stupid moralizing out of it. It doesn’t matter whether you’re collar is white or blue. Think less like a jerk and more like a bank.
That which threatens and disgusts you – poverty for example-is about you. Not them.
careful preacher man …that soapbox of your is a slippery slope-
BANNED!!!
I agree with you except who were the idiots who gave money to idiots expecting them to act differently than idiots? That is probably equally insane. You don’t give a guy smoking at a gas station firecrackers to play with and get mad when your gas station blows the hell up…
Underestimating the degree of stupidity some people have isn’t easy, but failing to take into account the risks of enabling a bunch of bad credit people who never had nothing loans to buy 200k+ houses, and then buying up instruments and leveraging up the whole entire economy with them and trading them isn’t exactly “intelligent” either.
I have been known to fire my bedroom cannon at my wife….
My strategy this year after getting stopped out of everything in Oct was to just trade the Index ETFs from pivot to R/S then take the profits and watch for the next set up
I don’t honestly know how anyone could “invest” is this clusterfuck with any hope to bank anything
only degenerate gamblers are in this market. see any in your mirror?
Well said.
Does anyone know if there’s a way to tell which brokerage accounts place money in REPO markets, lend to a third party, or trade it themselves?
How many “MF Globals” does it take before people start burying their money in the ground to hide it?
Damn, Fly is on a banning streak!
All the 401k’s to zero? That’s gonna hurt.
Typical NYC/SF elitist attitude. Your ilk prefer to degrade and bash the people that actually create and produce goods in the “fly over states”, then constantly remind them that they are the root of your problems… You blame others for who wins elections but what have you contributed to this nation?
You must blog from inside a cathedral to be on such a high horse.
Mr Fly, any targets for ZSL? That seems like a good hedge here with a tight stop.
Crying from laughing so hard. Great one Fly
I’m laughing about all the bans. Great stuff.
Fly’s had a Helluva banning month today. We really need a BANNED ticker at the top corner of the Home page — Jeremy???? Maybe even an All-Site banned award, complete with stupid shit said to get your ass banned.
Between the Shits & Giggles ; the BBQ recipes ; and wine advice — ya just gotta love this place.
“You borrowed money from banks then walked away from your obligations when the value of your home went lower.”
This is the main reason “the independent” vote went for HOBOama.
“Naturally ou[r] Prezident backs the zeroes because he’s never been a boss. It’s populism … you’re all gonna pay for it [in]… your bullshit 401k plans hit zero.”
Since 2006, Pelosi, Dingy Harry and 2008’s HOBOama have been strangling America.
Dodd-Frank, in addition to Abomination-Care needs to be repealed so Americans can run small biz again.
All these laws do is piss off our allies, restrict citizen access to financial opportunity and criminalize poor people.
Okay. Rant for the day (check). Fine post LeFly, Be TUFF!
fly,
my screen capture history is loaded with your blog posts.when things are shitty like now, 3 red candles, i somehow find solace in those posts. i go to them when i need a pick-me-up in the midst of a tough market day and i fell renewed…. seriously! i know i’m a degenerate rookie (< 3 years trading) but its nice to know i'm not alone. thanks!
omen, you’re a good trader, this market is what’s fucked up. I’m looking forward to trading with you again when you get back or when this europe shit ends.
I do trust all the ideas you have offered on your post. They are very convincing and will definitely work. Still, the posts are too brief for newbies. May just you please prolong them a bit from next time? Thanks for the post.