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
23,430 Blog Posts

THAT WAS A KILL

The misery is palpable. 200 NASDAQS in so many days. You thought the market was going to simply drift away. But, in fact, it was revving up to run over your fat, fucking, faces (extra Stuntman Mike).

I made wholesale changes to the portfolio today–all for the better. My sales were executed in a timely order, at least intra-day. And my purchases are all up 2%+ from my basis.

The Gods have smited you and tossed you back in the trash heap of man. Your puts and shorts have been annihilated and the Dow Jones Industrial Average just ran, mind you, 700 motherfucking points over the past two days.

The Santa Claus rally is here. You’ve been discredited. The world is back on its axis.

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31 comments

  1. zombie

    FIG

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  2. Trent J

    WALL 2.0 just exploded.

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  3. it is showtime

    The sucking sound of longs into the final move, Currency war Commodity & Sovereign targeting & survival hasn’t changed bc of 700 Dow points. I call. Eventual. Bullshit

    Silenced again. Under the water level Into the chamber

    I’ll Be Back

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    • Dr. Fly

      SHHHHhhhhhhhhhhh

      Humble yourself

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    • TheHarper

      what a doltish comment

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      • it is showtime

        A wide open shot with no backup good for you

        First Hour: Author and scholar of Soviet and post-Soviet Russia, Stephen F. Cohen, asserts that the US may be closer to war with Russia than any time since the Cuban missile crisis.

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  4. gorby

    Up 6% in two days -that’s what I’m talking about

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  5. og

    Drowned by GPRO. Might as well hold into lock up now…

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  6. steve-0

    Easy to drive mkts up/down with thin xmas/haunkkah trading…what’s the big whoop…

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  7. dcolella15

    Just wait for total destruction of the VXX…it will be fantastical

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  8. soupbone

    my feline is very fecal and on your fat fucking faces feces. whatever.

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  9. traderconfessions

    Hope you sent Yellen some flowers. Guess it wasn’t all about oil after all.

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  10. evilspeculator

    Beautiful tape in the past two days – evil and merciless – just the way I like it 🙂

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  11. profiteerer

    I set stops this morning on my energy plays and they all hit – and ended the day much lower. Hmmm. I’m saddened that I didn’t get the full upside of this ridiculous day’s gain, but yesterday’s more than makes up for it (I was still up greater than average on the day today by a decent margin). I’ve gotta wonder what happens from here. Maybe it is like October where the massive rally just keeps going and going. I’m not so convinced, but I’m certainly able to sleep a bit easier now based on my current positioning.

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    • esquared

      I sold out of 2/3 of my energy names as well, unfortunately 1/3 of my sales were within a % or 2 or the day lows. And of course I missed the rally in the broader market as I liquidated everything 3 days ago. Need to put some cash to work tomorrow…

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  12. chileeater

    The Dow is an index for blue-haired old ladies and CNBC blow-up dolls. Rejoice in it at your own peril. Invest instead in NASDAQ biotechs and gas-guzzling pick-up trucks.

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  13. alty

    I guess it. wasn’t. showtime.

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  14. iflyjetzzz

    I hope you’ve gotten some sleep in the last 36 hours.

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  15. YOU WILL KNOW ME BY THE TRAIL OF BLOOD
    YOU WILL KNOW ME BY THE TRAIL OF BLOOD

    all you bears are queers

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  16. barry

    Doesn’t change the fact that u are down 40+% and u have a big red nose that honks when u squeeze it…..jk fly good work! U made 2% when the indices were up more!! Jk fly u know I heart u buddy

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    • profiteerer

      Lol. How has “barry” done since March 2009? Have you beat SPX +divs reinvested? Raise your hand if you have. Yeah, thought so.

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      • profiteerer

        In other words: when shit-talking, how far back are you willing to go?

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  17. alf44

    .

    Dreamer

    Dreamer, you know you are a dreamer…
    Well can you put your hands in your head, oh no!
    I said dreamer, you’re nothing but a dreamer…
    Well can you put your hands in your head, oh no!

    I said “Far Out” … what a day, a year, a life it is!
    You know … well you know you had it comin’ to you … now there’s not a lot I can do!

    Dreamer, you stupid little dreamer;
    So now you put your head in your hands, oh no!

    I said “Far Out” … what a day, a year, a laugh it is!”
    You know … well you know you had it comin’ to you … now there’s not a lot I can do!

    Well … work it out someday …

    If I could see something …
    You can see anything you want boy!

    If I could be someone…
    You can be anyone, celebrate boy!

    If I could do something…
    Well you can do something…

    If I could do anything…
    Well can you do something …

    Out Of This World?

    ~Supertramp~
    .

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  18. Dr. Fly

    Considering I am 25% cash and I sold my biggest position when it was flat today, 2% outperformed the market, Barry.

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  19. NON Solo

    Fly, is SLCA one of those oil stocks that you think can double/triple in time, if oil has indeed bottomed?

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  20. Chuck Bennett

    I took an arrow ARWR to the face a few months , and trailers have run over my neighbors WNC. This is temporary of course. TTPH and CEMP are for the win. Up 250 and 70 % respectfully.

    Regards,

    Chuck Bennett.

    Ps. If you fools don’t know me, you best join the PPT and make something of your lives.

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  21. belly of the beast
    belly of the beast

    Fake Putin’s Twitter:

    https://twitter.com/Putin

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  22. Dr. Fly

    Slca will double if oil goes to $65

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  23. ironbird

    Crude has to have bottomed. Yields have to have bottomed as well. This rip in the tape is so fake it must be real. TMV UWTI for the win along with any ticker on the exchange. Stop thinking just believe and buy everything.

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  24. BlueStar: Contrarian Investor
    BlueStar: Contrarian Investor

    Being a bear blows.

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  25. rangersfan

    Bought $WLK . Low oil prices are good, if oil prices stabilize and trade in the 60s will be good for the overall market, and signal growth for the industrials

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