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
23,429 Blog Posts

Wall Street Undergoes Mild Pullback; PANIC ENSUES

I had a small drawdown today. This isn’t much of a pullback and I urinate on those who ridicule me in the comments section for holding at new highs. You don’t know what you are doing and have never made millions in the markets. I do not understand what makes you think you are qualified to talk to a person, such as myself.

Stupid, vile creatures, who inject crack cocaine into collapsed veins, should never visit iBC, let alone offer me financial advice. The idea, mind you, that owning stocks at new highs is a bad idea is preposterous. Nine out of 10 times, the market will continue even higher. The people who are bearish at the tops have a track record of success of 10%, nothing more.

It’s a down day, but so what. I added to IMMR, haven’t sold a share of YELP and that’s how I roll. I am either going to be proven correct or wrong.

I play the game to win and never look back or regret my mistakes–because they are lessons that will help me get better.

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26 comments

  1. bugatti

    It’s universal, you play with fire it may hurt you
    or burn you, lessons are blessings you should learn through — Guru

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  2. theharper

    embassies closed, obama droning the shit out of al-qaeda, US Army troops already on the ground. Yemen is gonna be a battle zone. long $SPY

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  3. matt_bear

    you’re a fan of smart phone tech, what are your thoughts on NUAN?

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  4. Jules

    My uncle once told me “If you’re scared you won’t make money, ride the wave”.

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  5. AJ

    you need to put “(no golden shower)” in your second sentence…

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  6. Mr. Partridge

    I am buying this left shit-show and right and sideway 🙂 and DUST of course

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  7. Granpa

    Why is O campaigning instead of signing the pipeline bill and what is that white stuff coming out of Gene Sperling’s mouth.

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  8. Fabe

    “Stupid, vile creatures, who inject crack cocaine into collapsed veins, should never visit iBC, let alone offer me financial advice. ” LMAO this is the funniest thing I read all day but I corroborated with your thesis by adding to my positions today. There are many fools.

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  9. Icahn Fan

    Superb video choice. Classic Icahn.

    “I don’t even watch SNL anymore. I just go to these board meetings.”

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  10. razorsedge

    goin short….

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  11. hybullshit

    Dear Fly:

    Will you be reducing your CXO prior to earnings release Wednesday 4pm ?

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  12. razorsedge

    FEMA requesting emergency food supplies to be delivered with in 48 hrs…

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  13. JPE

    2% pullbacks are now technically bear markets in this new world of investing!

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  14. gatorsun

    good grief…buy the effing dip on the stocks you have conviction. CNBC will be reporting this as the beginning of market collapse

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  15. Fidel Cash Grow

    Dr Fly. I plan on holding NGVC and NDLS through earnings and buying more $Z and re-establishing my YELP position on these pullbacks. Any comments/thoughts? TIA

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  16. francesco

    up 0.4% for the day, ( omg what a pullback ..)

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  17. fake amish

    Panick indued. What is the catalyst?

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