I think it’s fair to say we’re all fucked.
I don’t have anything good to say and I don’t have anything to boast about. I find myself, oddly enough, speechless, in what can only be described as decapitated. This is a good hard lesson for me, something I might talk about until the day I die, or not. One thing is for certain, I’ve gone too far than to see my resolve shrink now.
I will pray to all of the Gods, both old and new, in order to make my stocks go higher. I will smoke some hopium and base investment decisions upon the eyes of sacrificed goats.
There is no form of compensation worth the angst I receive from doing this disgusting job. I’d be better off shoveling shit in Louisiana than buying and selling stocks like a carnivale monkey.
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Don’t you want to blame blameless Germany and in general rant like lunatic Cramer? Buck up.
You should pray to the fire god also, if you knew what was good for you
screw that. the godswoods trees are the way to go
Just think of the deals coming down the pike. ‘Member Ford at $1.
This is when it’s easier to trade, when lotsa names < $10…
i’m not sure u rented the right movie
snap out of it playing the trade of market crashing 50 percent is just too hard what about consolidating in a 15% area where only stock pickers and traders will thrive? that’s seems more likely
hang in there, boss
Exactly. The game’s not over till the fat ass sings.
Actually, in this business the game’s over when your clients lawyers start calling…
Perfectly timed, as usual. Fly gives up all hope, and we put in a bottom. Reference this comment later. Have this timestamp etched into your favorite future watch which you’ll be able to afford as we take off from here and never look back.
Shut up with bottom calls already
Don’t make me ban you….This is the top, not the bottom
I only wish I had more money to deploy at these levels than my measly 2%!
Dear fly I told You to sell last week dont keep on hanging on to a thread it will snap soon and that gap down will be nasty be forewarned. Ps you will go insane.
My grandfather hearded sheep. When I visited him as a kid, no phone, just one light bulb and an outhouse. If the account blows up, it seems like a viable lifestyle…
Lived like that for a short time when I was a kid. Only difference was no light bulb. The stars are bright. The wine, water, and bread tastes great. The only problem is the charm wears out after a while or they electrify the place and the price of real estate soars and the reason for being there goes away.
What were the sheep saying to him?
If he is near a creek to fish in, and has enough space near the outhouse to grow tomatos, onions and some free range chickens, and keep a dog he has all that he needs.
this site is starting to look like zerohedge
atm its not even close to last fall
The news flow is really going to start trying to make the algos bark.
(Up or down.)
All eyes on the bernank.
Hang in there fine sir.
Dr. Fly, keep writing and you will jinx yourself out of this mess. It will help even more if you book some losses, it will cause the rest of your positions to go higher.
I had a hunch that YELP might find a bottom at $12 ish. If it’s $14 ish, I’ll take it.
Señor … look on the bright side …
Your “iBC Buck$” are multiplying like rabbits !
.
Fly! A reversal of fortune!
I am down a gajillion dollars, so there…
blood shall be spilled. this time it is the bear blood.
BTW Yelp has bottomed for NOW. it hit the bottom of the channel. Now we need to break 18
With 70% cash in the bank, a new home on the way paid for in cash or zero intrest loans, and a healthy happy family (assumption) I would say you are doing quite well for yorself Dr. Fly.
And if you do go broke you can dress up as an old man and represent TraderCaddy at the golf outing. http://ibankcoin.com/halfbloodpope/2012/06/03/those-without-top-hat-need-not-apply/
But once you’ve been a carnivale monkey it’s hard to be a regular workaday monkey.
never shovel shit Senor Fly. it is for the terminally retarded and the new poor once the college tuition loan bills come due. when everyone’s indebted grandma and idiot children are picking my strawberries(not rosa and jose from down south) the bullmarket will start.
My company is looking for an inside sales rep. Let me know if you are interested.
Must be rough for Fly to suffer with arrogance-withdrawl, however, we know he will ultimately learn nothing from this experience and is only laying in wait for a new opportunity to tell us all how he “desires to outstrip us”, and “The Fly never loses, small pleb”, and “Those who trade against me will be tossed into a medieval nut-remover”, (ok, that last one was my original), anyway, he wouldn’t be Le Fly if he wasn’t the incorrigible sociopath he plays on TV…therefore we must enjoy this rare glimpse into his deeper humanity (suffering will do that- it’s why you don’t fuck with Karma)…because all too soon that humanity will be hidden again beneath an armour of swagger, cigar-smoke, and countless shot-glasses of testosterone. Yet perversely, this is what we love about him, and why we keep coming back for more.
Still, I shall always be around in the future, to remind him of the largeness of his pussy during the Summer Meltdown of 2012, if only a brief glimpse of that ugly snatch, much like the face of the creature in Super 8, and how he bought the top of the rally, yelling about Dow 17,000, and how he finally had to dump all his YELP in 2016 just before it was de-listed.
If you are not Fly’s alter-ego, you are a close relative.
Fly, any thoughts on Ford? I love the co… fundies getting better day by day… Currently long – think it has a big move higher but its trading like death
I too feel that this place is becoming ZeroHedge2. Lighten up guys.
Easy to say, but if the positions are that painful. Liquidate, take time off and come back fresh.
Why can I say this, I just got a the timing wrong on the gold rally I was expecting and volatility got the better of my capital before the $60 move the other day. I was a week early.
C’est la vie.
-Diggah
Fly,
Just by your Louisiana reference, I now there’s no place you’d rather be.
Besides when you have your grandchild on your knee you can tell them that you weren’t shoveling shit in Louisiana.
Great reference and even better movie – all time favourite.
I don’t feel the capitulation.
Yes, Naz and S&P need to get back above their 200 daily sma by the end of market tomorrow, or we dive imo.
Bobby Boucher: Are we going to get a better bounce out of the Rut or S&P? Or it doesn’t make any difference, they will both do a slow grind to new highs?
I will have a post up shortly on my blog to answer your question.
DR Fly your turn shall come very soon.
A man begins cutting his wisdom teeth the first time he bites off more than he can chew.
12-12-12
… many years ago, while stationed at Schofield Barracks on the island of Oaho, HI … an Army dentist extracted my wisdom teeth. Thankfully, I had a nice stash of primo Hawaiian back at he house to lessen the pain.
But, I digress …
.
V.King!
I live in New Orleans Fly. You can come shovel my stuff if you know what imsayin’
Like I have always said, this is a predication of what is to come….a syphilis infested tumor that was once benign and has now become active like a herpes outbreak.
Hard lessons stick the best. There are more important things than money.
That being said, I wish you a timely exit from your current quicksand.
Quick, everyone – to Le Crisis Centre!
Someone in my family just found an old SF Examiner from May 1985. The Business section headline is ‘Dow over 1,300 in Heavy Trade.’
“The stock market pushed through the 1,300 mark in heavy late trading today… Analysts said the market was reacting to the Federal Reserve Board’s move to cut the discount rate from 8% to 7.5% and bank’s prime rates from 10.5% to 10%.”
Times change.
Check out trade in EUO, the inverse euro ETF. My four bagger on Jan calls is now a three, which suggests to me that something is up on a macro scale – G7 or G20 level rescue, raising all ships, ESP M. Le Fly, but not mr sleek butthole – gross!! – cuz he gots da AIDS.
So sorry.
Hang in there, sir. Don’t worry about a thing. Every little thing gonna be alright…http://www.youtube.com/watch?v=4uPZbIezChI&hd=1