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
23,449 Blog Posts

GIVE ME A FUCKING BREAK

On the anniversary of the 1987 crash, the market crashes? Come on with this fucking horseshit. When was the last time the market fell by more than 200? It just had to drop today, out of all days, as a way to fuck with people.

I’m getting lit up, seven figure losses, down more than 3% for the day, led by everything. Miraculously, coal and the homies are holding their ground– but it doesn’t matter.

The sick, perverted, stock Gods have decided to play a prank on us by pulling the strings out from the marionette, leaving us without a captain to direct the ship. Consequently, it’s down, down, down for the market and the fucktards, such as myself, who are long.

Gone are the days of yesterday when mocking the bears for being “stupid fucking retards” was fashionable. Today the bears are celebrating, decked out in their finest burlap’d costumes, dining on the livers of overzealous longs.

VIX is spiking and so is TLT. It’s a classic “risk off” day, which if history is of any use will be short lived.

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56 comments

  1. mrkcbill

    PPT wins again

    Have a good weekend Fly

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  2. Tonka

    “It’s a classic “risk off” day, which if history is of any use will be short lived.”

    Short lived just like the most overblown market non-event in history…1987

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  3. trade_drunk

    PFFFFFT what a fucked shit show. Glad I am 100% CASH and have been by the end of the trading day for 3 mother fucked weeks! In & Out bitches, like a coked out ninja.

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  4. JTU

    Bought TC, WNR, and VHC today!
    Everything is on sale!

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  5. acehood

    Today is like that scene in Clockwork Orange.

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  6. OG

    Other than coal and homebuilders, everything looks fucked.

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  7. LD

    Like a big elastic band, when things spring back, they’ll go higher than their recent highs.

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  8. Yabollox

    What a coincidence, 25 yr anniversary of the 1987 crash and this shit happens. Kinda like Bengazi, 11th anniversary of 9/11 and there’s a spontaneous demonstration over some bullshit video on YouTube. Just another coincidence.

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  9. xxxHuggieBearxxx

    I’d like to know what the fuck mcdonalds being able to sell hamburgers has to do with how much my molybdium is going to sell for?

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  10. Randomness

    The Fed takes turn juicing equities then bonds. Its juicing bonds now. Its a balancing act in which it has no choice. Its like a dance with the market. Dammit, I split another infinitive.

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  11. The Plumber's Crack
    The Plumber's Crack

    wtf- i have to go to work and flush toilets, now the market does it for me.

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  12. jimmy_two_times

    started EXK

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  13. lol

    VIX TASTIC!!

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  14. Mr. Cain Thaler

    You nailed it on Twitter. The statistics of this being anything other than pre-planned are horrible.

    There’s an easy fix here. In about 4 days I’m rolling into a margin position I’ll hold until the end of the year.

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  15. DMG

    Where are all the cork-smugglers who were talking shit about Obama running away with the election?

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  16. xxxHuggieBearxxx

    reallly one can only laugh that i fully invest over the last two days after sitting out for months only to encounter the worst single day drop in four months or something….i mean what in the shittastic fuck.

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    • trade_drunk

      I realize I have not yet established myself in these great halls as a master of the market, however I did post 3 fucking weeks ago that buy and hold should be considered, and I quote “buy and get lit the fuck up”

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  17. TradingProdigy

    Fake crash….wait for 3:45 PM

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    • xxxHuggieBearxxx

      yeah thats what i am holding out hope for…..really watching 143 on the the spy.

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    • LD

      I agree. I think fear & stops are propelling this down. The earnings releases and anniversary started this but aren’t enough to justify such a slide.

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  18. Bullish

    The S&P is up 0.16% on the week!

    Run for your LIVES!

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  19. KCTrader

    Bears don’t celebrate, they hibernate for another day when the Bulls will have their turn to seize the day.

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  20. TradingProdigy

    Its a great day to buy…blood on the streets!

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  21. francesco

    vix + 18% and someone call it fake crash

    go figure

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  22. xxxHuggieBearxxx

    I swear this is fear mongering. Its a setup. A flim-flam scam by the boys nirping the HFT machines.

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    • francesco

      also sell off in gold is fear mongering ?
      or is just someone ( for ex. the stock Gods ) has a lower target down …

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  23. TraderCaddy

    Calm down.
    This isn’t a crash and there isn’t blood in the streets.
    To get to the equivalent of ’87 we need to go down about 2800+ (DJIA)points.
    This is called a down day.
    We used to have them all of the time before Uncle Ben started pumping the prime.
    Anyway, be glad about the ’87 crash otherwise Fly would not have had the name PPT 12631.

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    • jimmy_two_times

      right on TC. been a while since we saw a down day like this. Just need to blow off some steam.

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    • KCTrader

      Agree, Helicopter Ben didn’t do any emergency fund rate cuts today, of course, I cannot think how he can cut any further. I thought the Chairman of the Federal Reserve was suppose to monitor and try to control inflation and not if the stock market goes up.

      Supply and Demand not apart of Ben’s Economics back ground in these recent days.

      He knows who pays his money on and off the table though. Lobbyist… dangerous at times.

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  24. xxxHuggieBearxxx

    no bounce back today and they’re gonna close this below 143 on the SPY.

    And then Monday gets ugly.

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    • francesco

      there’s not been a support ( volume level ) all day , just for the record . just down sell .

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  25. xxxHuggieBearxxx

    like to see a close at or above 144

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  26. Hammy

    Hey, at least your ad revenue must be strong…
    http://i.imgur.com/Sw8YQ.jpg

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  27. Trading_Nymph

    This Liver taste sooooo good. . BTW Buzzard Field opening says Brent drops even more imho.

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  28. The Hoodie

    No ships today Cap’n, just a submarine…DIVE, DIVE, DIVE!!

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  29. razorsedge

    SXL, for the win alex.

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  30. xxxHuggieBearxxx

    Fuck everyone and everything. I am going all in on the close across all accounts (no margin). We test the highs next week.

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  31. xxxHuggieBearxxx

    shit close after all…plus my clock was off by two minutes and i got caught with my pants down. Hope monday opens up is all i can say.

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  32. Sloop

    SHIT!! I should have kept my QQQ short from yesterday. IF I remembered today was the 500 point black Monday anniversary. I could have guessed this would happen Wall Street LOVES tradition. DAMN IT!! LF is doing well but my others are in the shitter!

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