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
23,433 Blog Posts

REMEMBER THE PAIN

I tend to get excited very quickly. Just at the sight of a 3% gain (today’s take), I started getting violent, threatening to kill people for offering opposing points of view. Deep down, I am a true dictator, controller of others, a magnanimous leader with a horrendeous temper. But as the day carried on and the IMPV “earnings warning” (that was a God damn clown show), aka BANKRUPTCY REPORT, the feeling of pain started to crawl back into my stomach–the twisting knife inside of my guts, spinning and spinning until I bleed out and die.

So, as the market recovers and your charlatan positions edge higher, I want you to remember the pain. Look at stocks like GIMO and IMPV and understand that nothing is baked in. These stocks have sandbags attached to them and at the slightest hint of weakness, they will take you and your portfolios to the bottom of the ocean to be eaten by octopi.

Aside from all that, I intend to chuck African spears at people tomorrow, abusing short sellers with small brokerage accounts with great energy and vigor!

https://www.youtube.com/watch?v=qtFBRJFN3p8

Oh, by the way, The PPT nailed the tradeable bottom to the exact day, again.

os

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20 comments

  1. spinner

    He was great in “Von Ryan’s Express.”

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  2. Bubbles

    Market prediction: Decent with a chance of fuckery.

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  3. ironbird

    Amazing how fast the Japan pump seems to be fizzling out. The Nikkei can not bounce. China for the win?

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    • Ben

      Unlikely China will lead the way in the short term, the first corporate corporate debt default just happened a few days ago. It seems the Chinese government is actually slowly introducing free market dynamics into its capital markets. If that’s the case, there’s a whole lot of pain to be had in the corporate debt market in China in the near term.

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      • ironbird

        Agreed. Was thinking longer term. It is as if a phone call went out and the Abe miracle went poof.

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  4. it is showtime

    I still think (again) the top is in

    Despite this guy (wrong several times anyway)
    http://blogs.marketwatch.com/thetell/2014/04/09/sp-500-can-climb-to-1950-before-drop-says-nomuras-janjuah/

    I’ll be sleeping. if we breach Friday highs. wake me up that’ll piss me off enough

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  5. Game

    This is Mr Fly’s Journal.

    He does not care what you write here. Everything you write here either helps Mr. Fly or is irrelevant.

    As this is his personal journal, Mr Fly looked back in the archives to a similar time. A time when the bears thought they were winning during a bull market (2011). One thing he realized in his archived thoughts, was that he still allowed vagrants from the internet to pollute his mind (blog). There was a time period when pollution was certainly not allowed; to maintain the dignity of this corner of the WWW.

    However, this pollution is part of a healthy persons thought’s.

    YOU are a small pawn.

    Dream on

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  6. 6society

    Octopi!

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    • muktuckchuck

      I believe octopuses is the correct plural form, or octopussies if you are from certain parts of LA.

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  7. alf44

    .
    … Market bounces 1 day and this place becomes a ghost town !
    .

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  8. heaterman

    Pain…..is it really gonna last?

    https://www.youtube.com/watch?v=2Xg4c0kFVw0

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  9. Vic

    Are you holding on to IFON? Been traveling so if I missed a post about this, accept my deepest apologies.

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  10. zwolfe05

    FEYE, SPLK, WDAY, YELP, IFON

    ALL SMOKED TODAY

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  11. juice

    remember the pain?! how could we forget!?

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