Grandma and her McDonald’s will soon be eliminated from the field of battle. Passive investors, inexorably, beat down and vanquished. A new era, one beset by spiraling debts and interest rates will beckon a period of extreme uncertainty.
Over the past two weeks, the SPY is off by 10% and more than 2,400 stocks -10% — oil and gas hit the hardest. Admittedly, I got caught with my hands in the jar, long some of these stocks. But I corrected (extra Delbert Fucking Grady) my ways and have taken to the short — like a baby to the tit.
I’ve always been a cavernous man — wholly interested in the dark ages and all it brought with it. God willing, we too can enjoy our own dark ages, one rife with tumult and chaos. We have just the leaders to make it happen.
I am doubling down on my call yesterday. We will trade down 1,000 by the bell — setting the stage for an Asian sperg out Sunday night, in what truly would be broadcasted as an apocalyptic occurrence for the ages.
Pair trade idea: long SHITCOINS — short US equities.
Now with equities in turmoil, Wall Street stopped fucking with bitcoin and it’s looking sporty again.
Let’s keep it simple shall we?
“The Fly” wins again.
Top picks: TZA, FAZ, SOXS
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is Le Fly the contrarian indicator? flee….
On the side note, there is 100 point difference between dow and its future.
on the same page w/ Dennis Gartman, the renowned market guru
Added some hedges myself. Monday could be a Dow -2000 day if we close on the lows.
I’d expect a rip your face off rally early next week.
premature ejaculation
shorts could be roasted cum Monday should we trade down into la belle
Let’s face it. The disbarred boiler room con man is an after the fact loser.
His XIV debacle was a disgrace.
Any moron knows this market is trash, dont need him to pimp the downside.
Fukking asshole
jfc don’t get so emotional about your losses
Central Bankers have made such a mess of all of this. With the worse being the PBoC.
I disagree. They support the market with national capital, could we??
oh I so wish you were right. We have Japan buying all their own bonds, etf’s. We have the Swiss holding the most AAPL stock. We have China lending to the most reckless of speculators. We have FOMC, ECB, etc buying up their own debt at historical levels. IMHO, letting us fall and recover reflecting true global supply and demand would have been so healthy…but they have been avoiding that since Reagan. Each bubble just getting bigger and bigger.
Couldn’t disagree more. The Fed is the worst.
Like ours, their interventions cause dislocations – but the benefits of their meddling has been more broadly shared among their people, is not directed to select bankers, and is not used to fund middle-east wars.
@Ferd..China’s Debt to GDP is now worse then Japans. China has shared their wealth, and caused massive speculation. So their hurt will be stronger felt. For the Wars, if USA has a massive stock slide and huge push up in Bond Yields the congress will put pressure to pull in costs.
I’m all for doom and gloom–but you’re shorting near a temporary bottom. The 200 DMA for the SPY is only a couple of points away. We are almost assuredly going to bounce from that level. The world’s central bankers aren’t going to let the World burn…
He’s been off all week. Fly’s contra indicator now until further notice.
Bottom’s in.
>Bottom in
I am leaning that way, someone, something (AKA Plunge Protection team) stepped in after 2:00 margin cleared, that was a hell of a reversal. Who knows Trump has some big time buddies in finance……..
Aaaaaaand we’re green Lol
Well done Fly. Quite bilgent.
Fly is still ticked about his XIV loss–may be clouding his judgment.
Pay no attention to these non-believers, Mr. Fly! From deep within the earth I can hear the thrumming of long-dormant engines. This is the sort of market that awakens your animal spirits.
get in the ark, for a trade
This market should bring you to Christ.