I swear to you I am a normal guy, running about the world in search of fortune. This market is making me fucking crazy. Not just ordinary crazy either, LUNATIC crazy without pause.
The market just melted the fuck down inside of 40 minutes. Oil sprang higher and everyone started celebrating, popping corks of champagne into each other’s faces–a grande old time, yes?
NO.
Now we get rubber bullets to the face. If the market was merciful, it would fire lead bullets and be done with us. Instead, we get impact wounds and limp on, hunchback of Notre Dame style, ashamed of what we’ve become.
I feel like a monster of sorts, craven and stark raving mad, playing a ruinous game out of choice, not necessity. I hope you appreciate my candor.
With oil up 7%, the market should be up 3%. Instead, we are banana peeling into the bell, setting up for calamitous disaster on monday.
Fuck this shit.
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FIG
I’m just over here eating sandwiches and slangin dat premium
https://www.youtube.com/watch?v=LoF_a0-7xVQ
How FEYE is still up I have no clue. Then again, I have no idea what is going on anymore.
They had a big conference this week is why.
You’re mad! You’re a lunatic! I’m guessing you are human.
In all honesty, i take little pleasure in my incredibly prescient GOLD/SHORT SPY call….while, its true, i am making money hand-over-fist, it is difficult to enjoy it knowing the suffering that is taking place within the inhabitants of this here blog.
I pray you consider your collective predicament during the weekend, and considering joining for “The Year of the Bear”
Be well.
Last year was. This year we will just feel the effects of it
Lunatic is better than going full retard?
Excuse my language, but this market is a whore, it exists to fuck everyone! Choppity chop chop chop wtf
reposting i suppose
don’t get me wrong. i am accumulating oil (via OIL and USO) from 47 and down as low as it goes. But today is also a lot of short covering into the weekend. Crazy not to take some profits today if you are acculating WTI. Unrelated, stopped listening to CNBC at 1 EST but 3 hours of babbling about SHAK and not a word about ONCE – which not only was also a moonshot but to this point has been trading up right to left all day – unlike SHAK which has been sidewasy since the open. I am out of ONCE (I think :- ) ) but what a day for trading that ticker and what a year for smallcap biotech
28 S&P’s in one hour
Finally a good day ovah heah. If oil can have one more day of not being ghey we might be on to something. We are up 200 on Monday, mark it down.
And then down 300 Tuesday
Nah, limit down Monday.
This market wants to murder me
Isn’t there a Trader’s Almanac prediction regarding a down January?
so goes January so goes the year and other nonsense
Yes. It’s the worst January since last January!
The markets playing a psycho fucking fiddle God dammit
freaky friday – an oil(&)copper bounce with selloff
being +.05% is now a good day for me, FML.
Ooooops. I was looking for the blog where Monsieur Fly actually was insane.
For a change, I have started not watching the markets for long stretches of time. January has made little sense. Eventually the irrationality will slow down.
Almost every day I have something that moves 10% or more. Today AMZN was up 13% and CBI was down 10%. They are the same companies they were last week, and will be next week. The market simply freaks out.
The oil jump was completely absurd (even if oil is oversold).
Wise words Zheeem. Wise words.
you are an island in this magnificent schizophrenic shitstorm.
Four words to describe this market:
River.Twiced.Extra.Karabell
Context HERE
In sum, too many and too frequent oversolds make me cautious.
heck, I didn’t even have time to pop a beer. not a bad end of day, just a light karate chop to the balls kind of day.
Kind of makes yesterday’s Pm trade look silly? Which it was. I would add… suspect.
They may be following a script somewhere… Mon mediumrare Tue welldone Thu fireworks
friday – let the air out of the tires.
I closed out the month of January over 20% on less than 10 trades.
Carry on.
Is your 2015 strategy to primarily make YOLO earnings plays? Do you see that 20% extrapolated out the rest of the year? Just trying to figure out if it’s you that I should be exclusively following from here on out. In fact fuck it. 20% per month? Sign me up for your newsletter. You obviously make the rest of [us] look like the chump mortals that we are.
-2% on the month on more than 40 trades for me (loss includes commissions). Fuck.
Also up ~22%. Mostly short euro, short CHF (post depeg), long DAX.
Well done indeud sir.
5% bitchez
Will this be the one
We sit in the middle. I say GRAVITY
You need a vacation and it was an amazing day for some, it is not that bad at all… all about allocation as you know…
Rest.
Bragging = Douchbagery. Time stamped.
so true, although for reasons i can’t fathom I am inexplicably entertained by a braggard. However, I must admit that I, myself, have mastered the art of lucid dreaming, and in my lucid dreams I fuc*ing kill it EVERY time. I think it was Baruch who had the great quote about those traders who always sell the top and buy the bottom. ‘It can only be done by liars.’
It is Notred Dame.
But true, this market is approaching full suck. ATR now higher than the October sell off. Chopchop at HFT speed
I’ll be up all night, today hurt. Never made such a string of losing trades in my life. The blood is flowing
Don’t do that to yourself on non trading days. We need our rest for the week to come.
Fuck this shit.
Super Bowl winning vid–
https://www.youtube.com/watch?v=WwpD-daFx8U
Oil and “The market” are no longer linked. The energy plays have crashed. Fucking utilities and social media and biotech and slaveconn Apple are basically at all time highs. Oil up is good for the energy market only now. Time to reconsider what “The market” is. Welcome to 2015 the year of the hedge fund and the death of the “aw shucks” index player.
A game fuck up. Social media should have been Facefart. Because old people friending other old people and buying Clorox and tampons and adult diapers thru bullshit ads is the future. How could it not be.
IR stay long…accumulate dips
Great post Le Fly.
Crazy…You. No way.
Say bye bye market…
I’m short with conviction. This time I will listen to Fly and not hold my shorts for too long. Dare I say we have seen the all-time highs though.
30 yr treasury @ 17% total return last 90 days…Who’s buying that garbage at 2.25% versus AT&T 5.70% dividend, certainly not retail and probably not even institutionals.
Thank the God that does not exist. Russell Wilson and the Seahawks lose. Sorry pal.
Life is full of trials,isn’t it?
http://www.raptureready.com/featured/twobear/twobears206.html