Massive gorilla raping taking place at the open, curb stomping investors into clown-dust. I’m just gonna say this to you, okay? People out there are fucking crazy. Cramer is on the teevee now telling you to buy and sell at the same time, to seemingly churn yourselves into a bar of butter. I am going to keep this real.
This market is a transvestite. It has a surprise waiting for you. Don’t be out there all naked and shit, for you might regret it later.
By Wednesday of next week, you will feel better. At the close of trade today, you will want a stiff drink.
Some really good stocks are on sale now. Margin liquidations are happening and the sellers will soon exhaust themselves; but we’re not there yet. I know that’s annoying to read. I used to get all mad, and shit, at people when they told me I couldn’t make all the money right now. Truth is, Friday is a shitty day to reverse and head higher. Friday’s were built to be dramatic, tire out traders into submission and ruin their fucking weekends.
Ever hear of “Turn Around Tuesday”?
Of course you have.
Enjoy your “Fuck you Friday.”
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Eat a sandwich. Ben’s got this.
fly’s posts quality are directly invert related to the market. it’s almost its own indicator.
“Hold out baits to entice the enemy. Feign disorder, and crush him.” – sun tzu
Soooooooo…rate hike anyone?
Was about to email my FA friend this morning so we must be close to a bottom.
@vandamme That’s the only arrow left in the quiver: “Rate hike pushed to 1Q 2016” and we get a face ripping rally… for a few days.
Meanwhile my best tell, VIX:VXV is ripping higher, highest since Dec ’15. Monday Funday is coming.
The new IBC logo on the front page is a nice touch.
Hide ya kids hide ya wives!
something is brewing at the corner office of citadel.
reversal on oil from Gartman
http://www.cnbc.com/2015/08/21/in-a-sharp-reversal-gartman-turns-bullish-on-oil.html
Sure got that fake rally.
Shouldn’t those holding options that expire today be careful not to hold into a premature stoppage of trading due to circuit breakers prematurely closing the market? If the market free falls and then closes for the day before 4pm, won’t it be impossible to sell or exercise options?
who let go of my EGO !?
What Fly didn’t mention is that the clowns are greek
love the ibc logo change too.
I’m gonna go home and sleep with my wife… on “Fuck you Friday.”
VIX @24 time to buy!
Maybe nibble on ZIV…
Largest ever weekly jump.
…and a Happy “fuck You” Friday to you as well!
Fly you like ONCE here?
has it been oversold yet? Feels like it.
ONCE hit my 40 level so i now in. Relatively small position si I will probably hold it beyond today instead of taking profit. Many of the phase 2 & 3 bios holding their own today – although we will see at the close. The SBIO ETF is a nice gauge of risk appetite there. also added to my ADRO position on what I hope was the final puke this morning.
Betting against ridiculous MOMOs like TSLA and NFLX and the like in the next 2 months will be fairly decent trades in my estimation. Although NFLX MIGHT be do for a bounce… maybe not?
Oh throw CMG up in that bitch too, that mofo burrito is about to burst.
holy shit
2 days in a row
this is obligatory
https://m.youtube.com/watch?v=079RCUtk8s4
what did i say
NOT THIS TIME
Odds of a crash on Monday are increasing by each downtick into the bell.
So these last 2 days aren’t considered a crash? lol
Not a 1987 style crash, no. But the action in the last few days is similar to the few days leading up to the ’87 one. Do I think we will? No. But these are the conditions in which crashes come from.
i need more hysteria and hyperbole from the crash test dummies
Starting a Poll:
Where or what is Dr. Fly up to right now?
a. Getting Coffee
b. Drinking Wine
c. Wholefoods
d. Watching a movie, or preparing his wknd post.
e. Nap
f. Seeing about a sandwich
g. mia
Furiously masturbating?
Look on the bright side…TWTR is up!
+1 lolz
F and hopefully writing another epic post.
Fly, you should buy David Einhorn a Rosetta Stone course on Romanian.
Wow. This is impressive.
Gap lower, rally, then plunge to new lows: Death
+1 to t.c
Thanks Marc.
What about oil sub $40? When is that a buy?
Per Fly regarding today’s tape…
Gap higher and never look back: this can only be done with some Federal Reserve or QE related news – NOPE
Gap higher, then fade and sink into the close: worse case scenario. This is the ultra-bearish scenario; but a high probability one. – NOPE
Gap higher, plunge lower, then rally: this washes out the Third Estate fine and dandy. After they sell, buyers step in and shoot trebuchets at their homes. – NOPE
Gap lower and plunge: low probability play, considering today’s drubbing. – NOPE
Gap lower, then rally: this is best case scenario play. – NOPE
Gap lower, rally, then plunge to new lows: Death – YUP
DEATH IT IS!!!
DEATH IS UPON US.