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
23,458 Blog Posts

Christmas Time Blues

There is nothing redeeming about the tape I am seeing. The post National Feast, Pre Xmas blues are in effect. Everyone is sad, a wave of apathy has swept the nation–as people keep busy shopping for meaningless stuff on Amazon.com.

Fuck the oil patch. Fuck retail and to hell with every single stock that trades.

Nothing has gone right for me this year and I am pretty sure there is more comedic value in me shooting myself out from a cannon than attempting to make any real headway in this tape.

After collapsing earlier this year, swimming deep in the red blood of 35% losses, I managed to press my luck and cut those losses to just 11%–just two weeks ago. But now, everything has turned dark again, as the stars and the planets align against me, I find myself back into the gimp box, down 17% with less than a month left in the year.

I bring you tales of ‘true failure’ and fantastic stories of tragedy, unlike those other financial experts out there who do nothing but win. I, King Fly of Clan Fucktard, offer you loss.

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36 comments

  1. bart smith

    Those asshole are all lying. They are fucktards folding their hedge funds. Not a lot has gone right for a lot this year even those we sit at record highs. This market need a 1000 point collapse in the Dow in a two day period to clean things up and make it a righteous market.

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  2. vampyr

    Lean in a little. Closer. A little closer. Good, now you’re close enough for me to smack you.

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  3. budh

    2015 will be easy. Your comparisons will show huge upside improvement and massive gains. Those that kick ass one year usually blow the next.

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  4. prometheus

    Fly, there’s been so much carnage in energy, there’s got to be some margin calls worth buying. If you were to pick just ONE, which one would it be?

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    • Dr. Fly

      FANG

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      • prometheus

        Thanks Dr. Fly. I know it’s been a tough year for you, but being down 17% one year pales in comparison to being up 50% the previous year. Love reading your blog, hope GPRO rockets to $100, just so I can see The Fly slap people with hot pizza slices once again.

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  5. berniecornfeld

    All hail the King!

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  6. vampyr

    You get the “Getz”. You’ll always have a least one smart woman to resurrect you.

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  7. xxxhuggiebearxxx

    Hey you still got your 2

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  8. BlueStar: Contrarian Investor
    BlueStar: Contrarian Investor

    Nice comback

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    • mamoore9

      Righto, Blue! But we’ve also seen this before, it’s how the f’er gathers himself for a new campaign.

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  9. chivo

    I would join your clan fucktard, Fly!
    Clan fucktard ftw!

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  10. gappingandyapping
    gappingandyapping

    This is the shit trading we get when we never get a pullback that refreshes. Its pure index V shaped moves which doesn’t lead to health.

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  11. frog

    Thank you for offering us loss, Fly. That is reality. A#&hats who pretend that they never lose a trade are all over the Internets. No one needs any more of those people and their lies. Being able to face reality is very important.

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  12. bruce keller

    Well thanks for the EOX idea at least… up 20% today! 🙂

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  13. smartestone

    Buy SSO . IF the Spy goes up 7% you’ll breakeven. everyone says stock picking is to hard

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  14. Trent J

    The only person “winning” is KEEF MICK CULL-UH because he doesn’t actually trade. He does however sell bullshit buy / sell signals to people stupid enough to buy them.

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  15. sia

    If you were +80% last year then a -20% year is not that bad. Relax and prepare for a fresh start.

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  16. btts

    try -20% again next MONTH,when the shit hits the fan! hahahaha

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  17. clock

    chilllll Fly……97.735% here would trade net worth with you.

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  18. zheeeem

    Look on the bright side. You have internet friends.

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  19. dragun

    Outside of CTAs folding up their tents the notable
    ones shutting down are the ones with an *information” advantage.
    otherwise if you’re in the wrong sector the leveraged beta HF is toast.

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  20. dewey dortmunder

    Talk of Hindenburg Omen and death cross has me thinking Santa Claus rally is coming early this year.

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  21. sloop

    Me Fly, you are highly respected in my eyes. I have traded as you have for a living for 20 years now. It is at this time of year I find myself always losing ground. The Santa clause rally seems to come in time for me only to break even. I say every damn year that I will not get trapped next year but I always do. Just one year I would love for that rally we all look forward to. To take my account up but very few years have I ever been able to capitalize on it

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  22. doubleplus

    Alright, seriously – “Clan Fucktard” iBC t-shirts. Let’s get this done.

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    • sloop

      I want a tee shirt!!!!

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    • sloop

      I have a t shirt signed by Jim Cramer when he first started the Street.com Never wore or washed it. It’s got to worth something today

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  23. J Adabese

    I have one too, I wipe my ass with it.

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    • J Adabese

      Steet.com T shirt that is.

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      • J Adabese

        Sometimes I have my cell mate wear it and make him act like Cramer, then I beat the shit out of him. Self righteous bastard. Once a slob, always a slob.

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  24. J Adabese

    As for LeFly, that dog has made this inmate almost 100% on the year.

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