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
23,558 Blog Posts

Greetings from the Ark: Here’s to Not Giving a Shit About Record Highs

If you thought new highs might drag curmudgeon Fly out from his ark, you’d be wrong. I don’t give a shit about new highs. I’ve traded the market since I was a wee lad, running about the sewers of Brooklyn in search of fortune. I see stocks spiking higher and then continue to chew on potato chips, obstinant and confident that all of this decadence will one day end in flames.

Bear in mind, this end of days scenario might not even happen in your lifetimes. That’s all right, since I have an eternity to see this pan out.

In the interim, I remain long the single best performing asset class that all of you love to hate: treasuries. Admit it, you’re just silly fucking assholes who have no idea what’s going on in the real world, so you make up an imaginary one for you and your stupid family to inside of.

That being said, I remain SHORT FCX, into new record highs for the indices. You can never say “Fly is just a bandwagon trader. He always shorts when things go awry.”

Fuck the bandwagon and everyone on it.

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4 comments

  1. badduck

    OA is long $FCX. Let the cage match begin.

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  2. metalleg

    *** I INTERRUPT THIS THREAD FOR A SPECIAL ANNOUNCEMENT ***

    THE HONORABLE SENOR FLY HAS MADE IT INTO THE HALLOWED HALLS OF ZERO HEDGE. TO REPEAT, THE HONORABLE SENOR FLY HAS MADE IT INTO THE HALLOWED HALLS OF ZERO HEDGE.

    PLEASE PROCEED TO THE LINK BELOW.

    http://www.zerohedge.com/news/2016-08-09/why-father-orlando-mass-shooter-was-sitting-behind-hillary

    NOW BACK TO OUR REGULAR PROGRAMMING…

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  3. og

    Added to VRX. lol

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