It was the best of times. It was the worst of times. At the end of the week, the market did nothing, having absconded an early rally in exchange for drama. We’re all so panicked now, wondering what this bewildering market has in store for us next week.
We are reminded to #timestamp our trades and offset all gains with losses and losses with gains. One must always obey the specter of risk, as a market calamity is always right around the corner.
Keep in mind, good folks from the internets, the Portuguese used to be the currency reserve 600 years ago. Therefore, don’t be surprised if America entered an era of crisis by the year 2612.
Life used to be good– but now it’s bad.
For the day, I shed a staggering 3% because that’s what I do. I risk money to make money. There’s a reason why I bang on African drums most of the time, while you enjoy seltzer water on the weekends. Life is to be lived; and the market is to be played. Today I lost. But tomorrow, I shall win.
53 Responses to A DRAMATIC CLOSE
I believe you meant “must” good sir.
Ha, you got it already.
5 to 7 day correction? from 1433?
real men chat fireside
Google insiders got out early.
“I risk money to make money.” That’s it in a tiny nutshell. Well done dude.
Nasdaq futures closed at new lows, after cash close. Text book momentum day, complete with a small bounce near end of day that was designed to fail.
The Rattle & Hum dvd is way under-rated.
You must be kidding. To each his own.
greatest song of all time
Tough to say “greatest,” but I would put it in top ten fer sure.
I trust that everyone enjoyed the magic show ..
Fly, do you think SVU would still be good to trade on a buyout thesis? Thanks.
Yikes! You have linked the Motley Fool.
Libya will not go away. Dicksuckers unite, stick dicks in your ears quick!
Spelt summary wrong, just sayin
have a good weekend all, for it might be our last.
It might be our last… what like money? Who gives a shit… money it not my life.
unless you meant “it’s still summery inside the ppt, meaning still summer like, in which case I withdraw the correction.
I wish the U.S.S.A could have politically correct holiday and burn the Middleast in agent orange for a day.
1987 crash, Black Monday really? That only means someone wants to buy your stocks lower. LOL
Tend to agree. But no one wants IBM GOOG AAPL mega crap disaster. The list is growing and the pain is unique in some. Next week will be interesting.
No. Someone DOES want your AAPL GOOG stock. Please sell it to me Monday. Thanks
Sorry to hear you are loaded up in the tulip trade. That is your problem pal. It is the Romney trade til Nov 6th. Only.
Who are you and where do you get your information from? Specifically, “Romney trade till Nov. 6″.
Yes. R.I.P. The Internet.
Damn! I hate getting to the party early…. oh well a profit is a profit, even if it isn’t timed perfectly. LULz.
Last quarter was Google’s. This quarter will be Apple’s. Money rotates. It’s not a big deal.
If the Internet falls in the woods, does the teevee still exist?
Did we really need to close down 205 for the 25th since Oct 87
Just a coincidence. nothin to see here. Just a steady drop
This is all I can see on this site unless I refresh three times.
These fucking adds are driving me crazy !
Mobile or pc?
I hope you people know I have no control over ads and need to know when they are messing with content.
Iphone/ipad. Lower banner pop up. I mistakenly ‘click’ it half the time trying to ‘x’ it out.
same here on ipad
I got a “Disney” princess, I believe, ad on the bottom of the screen — the most annoying of all, large and poor graphics, flashing with each page-down maneuver; on my mobile, tablet.
Oh, gosh. On my tablet, and now it’s Walmart…. and the touch-screen, finger-swipe feature is barely functional unless the ad is “x”‘d out. Besides that, the Google tablet keyboard is not very functional in horizontal angle–I can view the blog bar and stock quotes and above, but I can’t view what I am keying on the screen.
Statefarm now.. The ad space software is still really annoying though.
Do you really want the market to snap back? If it does, Obama will win, which is fine with me.
Romney’s friends may try to tank it though– just as easily as Obama’s friends may try to jam it upwards. But Obama does have the more powerful friends. So it probably climbs back up soon.
Keep believing it, boy-0. Even your dolphin friend is rolling his eyes at this point.
Everything Frog says has something to do with Obama or Romney…
After the election whatever the fuck Frog is will be gone. The Ibankcoin community is a fucking tight group. Frog is wrong. Everyone knows it.
“Wrong” as in not a trader or anything that this site is about.
unlike fake amish & bobbinforapples who are so trading focused that they have given us dozens of actionable trading tips this very day.
Or have they? Somehow I can’t seem to find these brilliant trading focused posts they are making.
Observation/rant from a trip to the Safeway grocery store:
I would prefer for prices to be increased, rather than playing games with smaller package size, and reduction of product quality.
The current (hopefully) transparent trick is to increase prices maybe 10 percent, reduce quantity 10 percent and reduce quality. Note how water and “broth” have moved up on the ingredient list of many products. This game playing essentially means real cost of many food items has actually increased 30 percent or more in the past few years. It is disguised and passed off to the ignorant masses.
No doubt, manufacturers have researched things and know this is the best way for them, mainly because it forestalls the panic and anger of mass market consumers.
My view is why not jack up prices, let everyone see the debased dollar, and deal with it.
I am not wealthy, nor am I obese.
I’ll just eat less, but I despise product quality degradation.
Internet Explorer is all I use, and it hasn’t shown one of your videos in three weeks, maybe longer.
The banner ads on iPad/iPhone are annoying, but do not block content. The full page ad that blocked the content completely has come up a few times on the iPad. Not the norm, though.
Hey Fly, if I have an opportunity to get a job with one of the top private banks on wall street, is this a viable career path to eventually trade on behalf of clients? I know how to trade and am just looking for the job and capital but it seems like these gigs don’t offer much flexibility in terms of what you can do with clients money
As the Rolls Royce and Bentley car dealers say, “if you have to ask the price, you can’t afford it.”
U2 was epic for The Joshua Tree @ Pontiac Silver Dome May 1987 (pre-crash – but I didn’t even know / care about the crash then).
FIG – thanks for the post.
I absolutely agree.
Last Monday was up: Therefore this Monday should be up.