Last night I took to the Twitter to let the world know we’d be down 200+ today. The childish games with the futures markets has to end and many, many people should be imprisoned and/or executed because of it. Also, last night we got to see the Chinese market down more than 5%. This morning, the ass lovers from Greece have added turmoil to their daily repertoire, sending their utterly retarded exchange down 11%.
Adding insult to injury, CONN missed earnings by several football fields and will likely detonate C-4 explosives onto one of my smaller positions, HGG.
Nothing is going right this December–because the end of the bull market is here. This is happening NOW, in real time, and I missed it.
The breath taking drop in crude, coupled with a Fed Chief whose dimwitted and old as shit, makes for a very precarious situation near Dow 18,000.
Great declines await you my dear friends, as investors get washed out and their brains exploded by chards of metal. As you know, I am all but fully invested, maybe no more than 10% in cash. My year, and possibly my entire career, has been tossed into the flaming barrel of garbage for the history books to figure out at a later date. As a citizen of the United States, specifically hailing from the Northeast corridor where this great nation was founded, I fully intend to behave in a manner that is becoming of a gentlemen, withstanding outrageous losses whilst sipping on fine brandy, reading the morning newspaper.
Will I sell everything today?
That is the $24,000 question. I have a mind to do it, you know. At the end of the day, I am now beyond acceptance. I am in a new phase called “driving automobile made from dynamite sticks into a fucking wall that happens to be on fire.”
Do not join me in this ride, for I prefer to go it alone.
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God’s speed Le Fly.
If given your own show on CNBC you could single-handedly boost the rating back up near all time highs.
I was once offered a show on the Comedy channel, or at least a shot at a show by some insane executive there. I told him to fuck off.
What happened to the impala?
It was wrecked while driving fast near grocery stores, would be my guess.
No way it could keep running with all those protesters lodged in the grill.
Hang on kiddies!!! The ride is about to begin!
Need to put the bear back on the logo
We will recover. We always do!
Not this time, lads.
I’m going home. I didn’t come here to fight for them.
LOL – stop scaring the children! 🙂
“But the Dow is at highs. Why don’t you just buy the index?” says my gold bug family member who permanently lost 60% of his retirement in 2008.
30% of the recent move in the Dow is Visa.
That fact alone should tell us something about the state of the general economy.
not the stay puft marshmallow man! Cross the streams.
not the stay puft marshmallow man! Cross the streams.
GO FULL RETARD, SELL IT ALL BUY ,ENERGY STOCKS !
If I sell, I am pretty certain I will go live amongst the rocks and finish PPT 2.
Funny thing about profits and losses is that it doesn’t matter if you made 300% the previous year, losing 20% emotionally negates it all. As they say, no one ever remembers the good you do, no one ever forgets the bad. Hat tip to you Sir Fly.
You are only as good as your last trade.
I am new here and to the markets. Is this a good time to be entering the stocked markets and buying? I am doctor, not a dentist and I have been reading this fly fellow for a few months, so I think I am good to play this game.
Shut up.
Commodore – in market terms, it seems your year has paralleled that of the biblical Job. Much like him, your misfortune isn’t due to any misdeeds, but merely a test of the most righteous by the market gods. In time, you will be rewarded 100 fold for your loyalty. In the meantime, cruise over to YouTube & cruise a few ralfystuff whisky reviews, and then go about the rest of your day driving Mrs. Fly mad by speaking only in proper Scots dialect…