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
23,423 Blog Posts

Encouraging Washout

Truth be told, when the market’s reversed lower today, I wanted to die. I turned the screen off and ate some grilled chicken, made a few calls, and watched the teevee. I am not thrilled by today’s action, but happy enough to spit in your face. You rotten rats greedily piled into your shorts at the lows, hoping we’d cascade lower. Now you find the shoe on the other foot. You’re all going to die soon, especially when this market jack-knife’s higher and flattens your head into the pavement.

In all of my years blogging on the internets, I’ve never witnessed so many malcontents, people deserving of death by torture.

In the end, we all get what we deserve. I can only use the tools available to me and not deviate from my passion, otherwise I am lost. Will I regain all lost coin and completely kill all of my naysayers will one giant act of violence? Perhaps. Stay tuned.

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90 comments

  1. ripper

    do you still like EZPW?

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  2. Cascadian

    Hmmmmm….. I think I don’t agree on the part about ‘in the end we all get what we deserve.’ Some assholes make out way too good, and some liars get away with their lies.

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  3. Genghis Khan

    I say The Fly will make everything back before the end of the summer and will end the year up 5 – 10%. I can tell you how he will accomplish this, but I’d be violating the laws of time and space if I did.

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  4. OG

    Nice kick save to end the day. My account still ended the day in the red though…

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  5. Bruce

    Why are you do vindictive? 🙂 Bears have been getting crushed for 5 years now and finally get some yummies. :-p

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  6. Badduck

    I expect much auto-fellatio by the bears in the next few days and weeks.

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  7. lplongo

    Sold my GOGO long today so you can be sure it will rocket higher.

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    • ripper

      nice trade

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    • punyandy

      I fucking threw it in the trash, too, @ 17.15. “Thankfully” only about 10% off my basis, but down from the recent high of $24 and change.

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  8. Paul Kersey

    More malcontents than this??

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

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  9. Bruce

    TBH I can’t wait to see the super smug ultra bulls get crushed when the Fed’s magic printing press doesn’t make the fundamentally shitty markets keep going up at a 45 degree angle. Oh man how many must have gotten big heads by getting gains when almost any long pick in the last 5 years was a guaranteed winner.

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    • Romeo Fayette

      Bruce–
      If it’s so obviously the Fed pushing the market higher, I assume you’ve participated in the whole 5 year rally?

      Since you’ve got your finger on the pulse of these “guaranteed winners,” what should we all be doing now?

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  10. Adam8020

    Fly,
    I love your blog – I consider you and your ‘arch enemy’ Tim Knight the best financial bloggers on the net. I wish you all the best with getting your money back – I know full well trading losses are no fun. But could I respectfully suggest that you bring back bannings – some of these troll comments are not just rude but downright sick. Surely you need your focus on trading not on reacting to haters. M2C

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  11. negrodamus

    The fly is pie

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  12. Top Tick

    J Livermore is dehydrated

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    • J Livermore

      Top Dick Sucker, enjoy the next 3 days, from that point forward, it is in God’s hands.

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  13. J Livermore

    I love it when my pool boy absolutely pounds me into oblivion

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  14. Top Tick

    hmmmm thats interesting

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    • dogCatcher

      OneTrickTick – your mama is calling you, she needs you to whore yourself out so the family can pay the rent. Do us all a favor and make sure you wear a rubber, we don’t need anymore idiots like you roaming the Internets.

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  15. Honest ABE, nohomo, RATCHET POET
    Honest ABE, nohomo, RATCHET POET

    Just to keep you all apprised of my fine work today, here is a review of the poems I published.

    For interested parties, the book due out in the fall. Expect many more poems like these as I transition professionally from Medical DOCTOR to poet laureate.

    Begin:

    Regarding Easter:

    Whether Easter or feaster or folly,
    The crippling of Fly makes us jolly,
    This holiday tiding, I know you’re abiding,
    To work, you’ll soon take the trolley

    Regarding Negrodamus

    Racist or not it’s quite funny,
    That Chappelle was so keen of good punny’s,
    Now Fly needs defense so slings his best fence,
    But the readers know his joke’s runny

    ——-

    Haiku:
    It’s true he cant hold,
    His demons will not let him,
    Barzoon’d he is

    That bitch Jenny wins
    Five alarm fucking I gave
    She always slept well

    ——-

    Regarding VIX

    To VIX is to decimate quite certain,
    For Fly to approach would be hurtin’,
    As we raise our glass and cheer our repasts,
    He must prepare for the curtains.

    Regarding Dehydrated Readers

    To imbibe until one is full-sated,
    is best until selling’s abated,
    IT stocks are low, the whole sector does blow,
    Fly’s portfolio has been conflagrated.

    Regarding Worst Fears

    The Tears for Fears proclamation,
    To “rule the world”– such elation,
    It cannot be said, the feeling of dread,
    That Fly fears for his coming ablation.

    Regarding Fly
    Fly’s skills most dear are lacking,
    mostly in part due to slacking,
    the future is grim, he knows from within,
    only a miracle shall cease the shellacking.

    Regarding suggestion to turn iBC into a dating site
    In youth, young girls are a passage,
    with age, older women have baggage,
    Though intentions are earnest, their knobs they will burnish,
    As most men must simply just scavenge

    Fly married young for a reason,
    Either accident or one choice appeasin’
    For Chess to get laid would freeze everglades,
    and as we know hell hath only one season.

    Regarding Matt_Bear’s fear of human depravity and plan to kill

    Though the cunning of vagrants may vary,
    the depths of man’s will you will parry,
    To assume you will win, may cause you chagrin,
    as the despair of bleak darkness is scary.

    Your hoary narratives aside,
    I hope you won’t think I’m too snide,
    That to say that armed bandits would fail t’plan gambits,
    Is a mistake that they won’t abide.

    Regarding J. Livermore

    Your manner of insult is tired,
    If jokes were the game you’d be fired,
    My guess is you’re single, if so you should mingle,
    My belief is for men you’re inspired.

    Young man you should heed my directive,
    you’ve lost with your low-brow invective,
    If respect you desire then it pays to acquire,
    An ounce of a trait called “perspective”

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  16. Top Tick

    Abe, I like your skills, can you write a poem about having a contest to see who is more dehydrated, J. Livermore or TheHarper….they are both fucking parched so it should be a pretty fun little event

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    • J Livermore

      Top Dick Sucker, remember to keep checking your ears for anything unusual.

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    • Honest ABE, nohomo, RATCHET POET
      Honest ABE, nohomo, RATCHET POET

      For the task you request I must gather,
      a way to contain all the patter,
      An impossible feat for there is no retreat,
      from their ceaseless bleating and blather

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  17. speerothekid

    I’m looking forward to public executions

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  18. crimedog1976

    The Easter bunny will shit in the face of shorts who are too retarded to bag coin down here

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  19. gatorsun

    Hope everyone reads DUBZ on a daily basis…what a life, simply amazing

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    • Weenie Roast

      DUBZ blog is worth it. Totally agree. One day, he’ll end up being roasted on a spit by some cannibals, but until such a time, his photos and traveling skills are just awesome. Guy has been almost everywhere. They need to find another planet so he can keep traveling.

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  20. unclehar

    I must not smoke before dinner and I must not trade before the right hand side of the trend reversal. Cheers.

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  21. Jennifer

    I hope you didn’t waste time with that horrible poem. I went long today many of the very names the fly has been pummeled in. Get ready for a sizable rally.

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    • Honest ABE, nohomo, RATCHET POET
      Honest ABE, nohomo, RATCHET POET

      These poems are written quite quickly,
      to waste time on them would be rather sickly,
      Your timing’s just shy of the bad alibi,
      You exclaimed to explain our quick quickie

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  22. crimedog1976

    Most, if not all bloggers on this site need help.

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    • Frog

      No kidding.

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    • dogCatcher

      shitdog1976 – you so fucking start, lets check out your trades for the last 5 years. rich guys who make coin don’t spend their free time trolling blogs, so you must be a loser.

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  23. ironbird

    A deeper hole to trap the bears would have been a better set up. Nice protection team save into the bell tho.

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  24. rahagar

    Trump and Hillary are still walking amongst us. Maybe we all don’t get what we deserve.

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  25. Johnny

    went short on margin into the bell. this is the beginning of a bear market boys.

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  26. Bdubz

    The most intelligent man living cannot succeed in accumulating money–nor in any other undertaking–without plans which are practical and workable. Just keep this fact in mind, and remember when your plans fail, that temporary defeat is not permanent failure. It may only mean that your plans have not been sound. Build other plans. Start all over again. Right here is the point at which the majority of men meet with failure, because of their lack of PERSISTENCE in creating new plans to take the place of those which fail.
    -Napoleon Hill

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  27. bchu12

    Stocks that ripped me a new asshole today despite the overal market rally:

    HPJ (fok you!!!)
    TSL
    ONVO
    GOGO

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    • THEY WILL KNOW ME BY THE TRAIL OF BLOOD
      THEY WILL KNOW ME BY THE TRAIL OF BLOOD

      Ouch. I used to fuck about in that GOGO game, but got burnt twice and sent that position off with a middle finger.

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  28. jtjudah

    ‘Kill them…Kill them all’

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  29. it is showtime

    Nice “”mysterious force”” at the end to pump

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  30. Astronaut Von Snoopy Deluxe
    Astronaut Von Snoopy Deluxe

    RITHOLZ got his face shoved up his ass when he panicked at 3 pm.. get long the LNG shippers boyz.. GLOG GLNG DLNG CQP

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  31. Astronaut Von Snoopy Deluxe
    Astronaut Von Snoopy Deluxe

    GLOG. and may God bless the FLY

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  32. Astronaut Von Snoopy Deluxe
    Astronaut Von Snoopy Deluxe

    Barry Ritholz is a stinking piece of human sewerage who sold out to Bloomberg cause he fell short on his dickfuck website

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    • The Fly

      Fell short?

      His website is still one of the most viewed in finance. What the fuck is wrong with you idiots?

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    • dogCatcher

      Even if he did, he has made more money then you will ever have. Instead of creating a business, you spend your free time posting shit. And go run along and count your pennies in your piggy bank.

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    • Mr.Partridge

      another stupid fuck… I lost count

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  33. Lau.trader

    Forex kong is the voice of today’s investor as…..this eternal bullishness is just plain ridiculous no?

    You can’t possibly survive the long term with a continued view that things are coming up roses.

    Gorillas don’t look at it that way as kong jus t keeps on nailing it.

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  34. Astronaut Von Snoopy Deluxe
    Astronaut Von Snoopy Deluxe

    (rhymes with cuked) i dont know an I dont care)

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  35. alf44

    .
    … and so … we “bounced” … as I said we would !

    Although, who could’ve possibly noticed the post(s) … as they floated in a never ending sea of shit and garbage posts ALL weekend !

    Nevertheless we “bounced” … as I said we would !

    4000 on the NAZ held … for now !!!
    —–
    Any decent “chart monkey” could’ve made the call !

    NOW … we are more than likely in store for a bit more drama and angst … and a retest of that 4000 NAZ level… going into the 3 day Holiday Weekend !!! IMO

    “Git yer popcorn ready” !!!

    GLTY

    .

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    • alf44

      .
      … now I have to decide … do I open another bottle of Wine …

      … or, just go straight to the “Hard Stuff” !!!

      Decisions … Decisions …

      Sigh !!!

      .

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  36. Susan Miller

    I told you people to get out and you didn’t listen. Even Barbara couldn’t resist and insisted on buying that SPLK piece of shit. Nancy and I are laughing at this pretend Monday rally as we gaze up at the soon-to-be blood red moon. Vince was very thoughtful and made us the best drinks with grenadine. We insisted he wear Ron’s old hammock and I think that made them taste all the better.

    Y’all be safe out there, hear?

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  37. Trading_Nymph

    You Know what I would say, SPX topped at 1775, all of this is froth. Central Bankers on hold, No nice close Fibo levels, Market is in air and going to be slammed with huge amount of commodities flooding the market, while China slows. Bias is still with us Bears even with this oversold conditions. Roar.

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    • butchbr73

      you think?

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      • BathSaltTrader

        Nymph identifies herself as “a bear”. It defines her as a trader. Where in bull markets or bear markets, Nymph represents Team Bear. Therefore, in her wold view the market is always in the process of “topping”. “The bubble is on the verge of popping” “Central Banks running out of bullets” “Market manipulation” Etc. etc.ad infinitum.

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  38. Dusty_Rhodes aka Jeremy
    Dusty_Rhodes aka Jeremy

    Poems were great.

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  39. xxxHuggieBearxxx D.P.M
    xxxHuggieBearxxx D.P.M

    Short 4 into the teeth of this bounce.

    See you in the 17’s.

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  40. Bernard Cornfeld
    Bernard Cornfeld

    I will say that with the new format it takes me less and less time to get through the comments section.

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    • alf44

      .
      … reading the comments these days requires a Surgical Mask … Latex Gloves … and a Condom … just to be safe !!!

      .

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  41. wabisabi

    all of the comments imploring fly to ban the dissenting shit talkers are somewhat amusing. there was a time when fly did not always ban anyone that dared dissent from his views or disrespect him in the comments section. i, for one, enjoyed this site a great deal more years ago when any asshole could freely reveal himself here as the idiot he or she truly is without censor. these last several days have been somewhat reminiscent of those times. if interpreted and then utilized properly there is great value to be gleaned from even the most asinine of comments.

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