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Trading with The Fly

Dr. Fly
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
23,417 Blog Posts

EVERYONE LOSES

Dr. Fly Thu Mar 26, 2015 3:40pm EST 13 Comments

I was busy eating protein bars all day. You didn’t think I was going to live blog this shit, did you? Look here pal, I’ve been doing this shit for centuries and get bored of the repetition.

Early this morning, all the bears started to lean over the edge. Now those fuckers are sky-diving without a parachute. Oh, do you think the bulls are fairing better? Most of these morons sold this morning and now find themselves, rather abhorrently, in the back seat of a FAZmobile.

I wouldn’t be surprised to see the market nose-dive into the bell, then shoot up like a bottle of coke loaded with mentos, being handled by the world’s leading jerk-off artist.

Thus far, I am up 0.42% for the day–erasing an early deficit–mostly thanks to PANW, GRUB and motherfucking ICPT.

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13 comments

  1. halfbloodpope
    halfbloodpope
    March 26, 2015 at 3:44 pm

    Did I mention DPLO a few days back?

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  2. matt_bear
    matt_bear
    March 26, 2015 at 4:00 pm

    0.42% is gently removing the cork from the wine bottle.

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  3. geezer
    geezer
    March 26, 2015 at 4:07 pm

    I was up 0.78 today too

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  4. Joel _legendre
    Joel _legendre
    March 26, 2015 at 4:11 pm

    This was a classic Joel (extra) Legendre close. Tomorrow we all pay the price.

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  5. jonny
    jonny
    March 26, 2015 at 4:30 pm

    Then again, ….
    http://ibankcoin.com/flyblog/2014/03/20/markets-dont-go-down-in-march-april/

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  6. gapfiller
    gapfiller
    March 26, 2015 at 5:54 pm

    At the risk of being overly simplistic, perhaps gentlemen with an interest in causing options to desire worthless would like to see the ES at 2050 upon the close of trading tomorrow.

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  7. ironbird
    ironbird
    March 26, 2015 at 6:03 pm

    What pitchfork? What wealth inequality? Hell of a pay package for a glorified accountant at Google. Nobility simply changed the name tags.

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  8. bruce keller
    bruce keller
    March 26, 2015 at 9:28 pm

    I think it will likely be a good sized down day, but with Yellen perking it up for the last 15 minutes into a nice rally next week.

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  9. zuul
    zuul
    March 27, 2015 at 7:29 am

    Missed my entry to short TLT. Originally had 3.45 pegged as entry, things changed, and I changed the entry to 3.41.

    It was still 3.45.

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