I slept in this morning, so that I could avoid seeing the market open. I haven’t been getting sleep in weeks and I am beginning to feel burned out. I forced myself to stay awake to around 5amish, so that I wouldn’t wake up when the market opened. From the looks of the market, I might have missed the worst of it. But we’re not done with this nonsense. Since we haven’t reversed off the lows and jackknifed higher, there’s only one way to go: DOWN.
Why should we go down?
Why not?
It’s a Friday and scary things happen over the weekends. Why, there could be a war, a pestilence, or even another car recall!
I am glad to see utilities trading higher for the year, up 10%, while growing their revenues at 3% per annum. But their PEs must be cheap, right?
WRONG AGAIN.
The utilities suck and so do I.
Into the final 3 hours of trade, I look forward to riding my Four Horsemen of financial instability into the train tracks, to be run over by speeding locomotives.
If you enjoy the content at iBankCoin, please follow us on Twitter
I’ve come here to pay my last and final respects to the space-alien magician known as The Fly.
May god forgive your eternal soul.
Ayyo g’boy aint dead he just been removed of penis
A common condition? No. Not in pediatrics but we do keep tiny jars of formaldehyde on da ready for just such occassion
Why did we go up all of last year to begin with? It should have never happened. Pumpers deserve to lose money.
No one deserves to lose money you fucking idiot.
WORD
When you steal it from somene else, produce nothing in return; yes you do deserve to lose “your” money.
Don’t call me idiot you douche.
Who’s stealing Dick HEAD ?
So the regular person buying stocks is “stealing” money?
No, the persons in between are.
No one deserves anything.
I second that.
There is only the jungle, where the weak are eaten by the strong and BB provides for all of his primates.
I am scared… Should i pray to jesus or allah ?
hedge yourself and pray to both
btw nice call on GTAT in the 3s Dr FLY. you will make it all back.
I’ve been sitting in my section 8 apartment waiting for your blog because I have nothing else to do other than go for walks back and forth to the coffee shop and pace back and forth and then going in and spending my ebt card on food. I fear many more will be doing this in the next 5 years.
Shit pimp I am a DOCTOR OF MEDICAL SCIENCE IN THE FIELD OF PEDIATRICS and I ain’t got a pad neither, me n my side boo kicked out for stereo bumpin all nizzy to the AM
Whoever posted as Jesus before was not the real one….Don’t steal my shit….
Now as FEYE makes a bee line for 45, I will have my arms wide open for you Mr. Fly. Come to daddy.
I am thrilled to see that restaurant and mobile gaming IPO’s are doing relatively well as high growth technology companies knife lower by 10-12% a day as God intended.
I know of a cave on a small island named Monte Cristo.
I should’ve listened to Hitler…
Does the ECB take out the bazooka this weekend?
Shut up
OK but lick my balls first.
No, your dog has dibs on that.
You shouldn’t disrespect your mother that way.
Your mother is choking on my cock as I type this.
My mother is dead. How’s that working for ya?
OMG !
.
He prolly love that LJive is a fucking kook
How did you know she just died choking on my cock…how’s that working for you?
Pretty sad when you’re excited to just be flat on the day. Too bad that is no longer the case…
I suppose I needn’t mention that the crystal cool, calm waters of Brazil continue to be quite pleasant.
Dear Heavenly Father:
Cai Shen is a prick bastard. Please deliver a $70 on YELP soon, I will praise you like I should.
Sincerely,
Rong Xu
It happens to the best of us– praying to the wrong God I mean.
Should have gone 100% cash in March!! 85% cash today, dead even for the year, and portfolio is leading the S&P500 by $3500 YTD, so I don’t feel bad
You’re the big winner on the site. Congratulations.
In March, portfolio was leading S&P by $20,000. I was euphoric! I should have known when I am euphoric, it is a big SELL indicator, hahahahaha! Anyway, though I hate the downturn, I still feel ok. Looking to buy some Chinese stuff again:: $BITA, $GOMO, $YY, $SFUN, $YNDX but don’t want to be too early and get killed.
1820 held. Fun time for the bears is about to end. They periodically get their few days of fun. Then shuffle back to their cages to get poked with sticks and mocked.
and that level is significant, why?
look at the 1 day S&P and see if you can figure it out yourself
A one day chart…your making a call that it’s over for bears based on a one day chart? Put your money back in the bank while you still have it.
Represents a 50% retracement of the move from 1740 to the recent highs. Typically viewed as a constructive “back and fill”. anywho
This is a controlled market and whoever controls it apparently wants it to go down. No amount of hoping and wishing is going to change that. It went up for years and didn’t correct even though technicals might have said it should. For the same reason, it will continue to go down. It will reverse when those who control it say so.
I love people like this.
Whenever the market goes up, it’s rigged or “controlled”.
Whenever the market goes down, it’s rigged or “controlled”.
I love you too.
WRONG !!! New LOD.
Go back to the playground. This is a man’s game. You Douche.
Days not over in my time zone… NY! and there is no need for your childish foul mouth.
+1
“childish foul mouth” I knew Janet Yellen posted here.
Hey Janet, when can I pick you up tonight so I can stuff my big cock into your small mouth?
Oh look 1816.50
Make that 1815.50
Hi Rong .. burn more incense.. d’ont skimp or I’ll know.
Chalk up another +7.5% for TITN. Fly, board the TITNic.
BTW, this close today will be bought. I am calling flat with maybe a slight green handle on spy?
You couldn’t be more wrong…wrong shoe. Market internals.
Could be less wrong… see you at 4
Wrong, isnt it a shame doe dat these anonymous trolls like this J guy with no accountability only pop up to talk shit on hardwork doe?
Sure thing “Doctor”. Get the cock out of your mouth.
way to much complacency. elevator has not reached the basement yet. I don’t think we’re even in the lobby..
nope… going right thru the floor… hard. put your seatbelt on for the last hour, should be one hell of a ride down.
Time for an update
https://ibankcoin.com/flyblog/2014/02/05/the-new-social-hierarchy/
Look to the NG tankers boys, and don’t be distracted
Putin’s a dunce and the gas will be exported. GLNG GLOG DLNG all showing some cojones today and excellent ytd.
ZOES is killin it today $$$$$$$
I am buying YELP today.
Wake up. There comes a time when a manager can fall so far below that working to get back up above the high water market just isn’t worth it. Just isn’t worth playing the game if you have to come back from down 35-40%. Anything can happen in the short term in the market; stocks don’t have to bounce. This isn’t new info to most, but just throwing it out there.
Don’t forget that -30% ytd requires a whopping 43% gain to get back to even.
But a fiduciary such as Fly would certainly never take such risks … ahh nevermind
Fly, I have been reading this blog since 2009. Joined PPT once.
The fact you are still writing under this kind of pressure and more so your partaking in the comments so much, says much more about you, then I have ever read here.
What ever happens, you will always be ok.
Cmon FEYE, need 4% more for your daily 10.
Surprised you still not shorting anything.
how the fuck are you still in these stocks?
Dear Respected FlyBanks;
GREETINGS!
Permit me to have an introduce to you and learn of my desire for going to business. I received your contact from directory of proven Fund Managers.
I prayed over it and selected your name among other names due to it’s esteeming nature and the recommendations given to me as a reputable and trust worthy person I can do business with and by the recommendations I must not hesitate to confide in you for this simple and sincere business.
Sir, I am a large overseas investor who runs a multiple billions in currency fund. We have returns, great, many gains. My story I have:
My father was a very wealthy cocoa merchant in Abidjan,the economic capital of Ivory Coast before he was poisoned to death by his business associates on one of their outing to discuss on a business deal. When my mother died on the 21st October 1984, my father took me and my younger brother HASSAN! special because we are motherless.
Before the death of my father on 30th June 2002 in a private hospital here in Abidjan. He secretly called me on his bedside and told me that he has a sum of $12.500.000.000 (Twelve Thousand Millions, five hundred millions dollars) left in a suspense account in a local Bank here in Abidjan, for trade and invest, that he used my name as his first Daughter for the next of kin in deposit of the fund.
Sir, we are honourably seeking your assistance in the following ways:
1) To provide a Bank account or paypal where this money would be transferred to.
2) To serve as the guardian of this since estate I am a girl of just 26 years.
Moreover Sir, we are willing to offer you 15% of the sum as compensation for effort input after the successful transfer of this fund to your designate account overseas. please feel free to contact ,me via this email address
[email protected]
Anticipating to hear from you soon.
Thanks and God Bless.
Best regards.
Chairman of the Ching-Chong Ding-Dong Foundation for Sensitivity to Orientals
PLEASE FOR PRIVATE AND SECURITY REASONS,REPLY ME VIA EMAIL:
whats your fucking problem?
Mr Chinerman:
I resprctfurry offer my services
Holla at me pimpi
—
engrish please
lol @ the sour puss crowd. have a sandwich. give the wife a facial. be glad the super duper deluxe PPT alerted you ahead of time to the current state of affairs.
Are you seriously going to hold through this decline?
stfu huggie. There are no bids to sell anything.
Jeremy, Its almost three o’clock put away your Shine Box put on your kneepads. Time to do what you do best. Pucker up
volume seems high….not sure why one couldn’t get out if they chose to
Sigh
EVERYONE EVERYONE JUST GOT SOME FUCKED UP NEWS
J-boo left me 🙁 🙁 🙁 🙁
She took da sofa, my retirement grease, an all the autpgraphed fiona apple CDs i fenta give my chitlens
We was in passiosn n I made a mess on her Kors bag n that was the last straw
“The chaos that one day will ensue from our 35-year experiment with worldwide fiat money will require a return to money of real value. We will know that day is approaching when oil-producing countries demand gold, or its equivalent, for their oil rather than dollars or euros. The sooner the better.” – Ron Paul
PRECISELY WHY I buy gold n teach children mandarin n also buy bitcoin n farm land in uruguay
Yeah, l’ll vote for that guy!
[not]
dats cuzx u a liberal pos
bot long dated mnkd calls
Cooler heads prevail.
Yo Cascadien thats a smart play dawg that nose insulin gon be big NICE BUY
I LONG TOO
When asked during the debates if they would fire Bernanke the republican candidates said “I may look into it”. The press rubbed their hands in glee warning “the market will crash” heh heh heh.
Well when Bernanke announces the end of QE, he is sharply rebuked. Two weeks later he says “QE will continue”. Two weeks later he was fired.
The press buries the story.
Meet my new girlfirend y’all (YES SHE LEGAL)
http://youtu.be/VIMnIh10po0
there are some real idiots on this stream,,anyone have trade ideas? There are inverse etfs/puts .Better than sitting there with your head up your ass,bleeding out