iBankCoin

WE ARE DOOMED

So far this week, the bears have attacked two former bell-weathers, BOFI and VRX, and won. The mood is especially somber, after coming out of September with guns blazing; October is looking like a fucking bust.

Biotech and commodity related stocks are in a special sort of hell, one that roasts its inhabitants at accelerated temperatures, all the while dropping anvils on their skulls.

Today, I’ve been crushed into dust. Being fully long, exposed to the easterly winds, I am down 1.85% for the day. This is a sordid affair. My top 3 positions are BIDU, GILD and TWTR. I have other positions down a lot more, such as CNX (fuck coal), BWLD, PANW and MU.

Listen to me. I thought we were good; we’re not. We’re fucking doomed. Giant insects are going to swoop down and eat our faces, lift us into their nest, then rip apart our arms and legs. Dust storms will develop, clown raping farmers, forcing them to commit ancient human sacrifices in futile attempts to save their crops. The market will cease to exist, after Citron Research and Bronte Capital dot blogspot dot com, issues new scathing reports, suggesting life is a lie and the market is filled with shell companies who don’t really transact business, but instead are merchants of illusion. They will support said claims with a series of website screen shots, effectively sealing our fate to the depths of hell–where centaurs will kick our chests in and goats will impale us with their horns, then gnaw away at our lips.

Hopefully the market will rally tomorrow.

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12 comments

  1. razorsedge

    Thanks for that positive account of today’s action. Now go to the hospital and get that rape kit, we can’t prosecute with out hard evidence.

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  2. it is showtime

    – – – – – – – -no Ldra
    late day rally again

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  3. zuul4

    Sold my UCO very close to the lows. About an 8% loss. Pure garbage.

    I’m sitting out here for a bit until we’re extended one way or another and I can buy a handful of options for cheap.

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  4. ahadbi

    we need a bluestar post.

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  5. blahblahblah

    i sold my VXX into this crazy late climb. so we must be crashing tomorrow. or just more trickery.

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  6. uglyflint

    Classic Fly rant.

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  7. doubleplus

    “Bronte Capital dot blogspot dot com” HAHAHA

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  8. typebtrading

    Do I sense sarcasm? Lol

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  9. john

    Fly you get way down and then you’re flying (no pun) high. I remember 2011 when you were out of your mind near the lows, you were pacing around like a madman, when you talked to someone on the phone who called the bottom, S&P 1100.

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  10. zheeeem

    Reading “28 Years in Wall Street” – pretty good so far, thanks for the rec. Listening to the KMI call, and it really sucks.

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