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
20,179 Blog Posts

In Lieu of Titanic Correction, I Bring to You the Gentleman of the Year

Look at the panache of this chap, pocket square inflation out the motherfucker. He has the red socks going hard, doesn’t give a fuck. Check out his picket watch too, affixed to a chain he probably bought in 1907.

I know you want to talk about the Dow indicating down 400 and how Le Fly was fucking dead right again, long FAZ, SOXS, GLD, TLT, JNUG and a virus stock into the maelstrom. But we’re not here for that now.

Look at this magnificent man.

What’s he doing here, aside from telling the world how it is? He’s giving some millennial snowflake the business — telling him to fuck off and to get his thumb out of his big ass — that’s what.

Look at this punk’s haircut.

I don’t know who this nice chap is, but it would’ve been nice having him as a Dad.

“Hey Dad, can I get some of that iced cream from the man in the truck.”

“Listen here Fly, that fucking iced cream is for sissies. It’ll make you soft and grow big floppy jelly tits on you. Have some fucking oatmeal and be a man.”

BEHOLD.

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15 comments

  1. metalleg

    I know that dude is not The Fly but that dude is…

    THE FLY!

    Get in your time machine and travel 30 years into the future and voila! There you are.

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  2. bravo

    His name is Dan Pena. Guy is a legend.

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  3. numbersgame

    Those two pics are awesome, Fly. They tell the whole story

    Here’s a haiku I call “Too much complacency”, dedicated to my friend Alty.

    Rose colored glasses
    South Korea. Italy.
    Bloody Red Monday

    https://ibankcoin.com/flyblog/2020/02/05/markets-post-big-gains-internals-soft/#comment-565876

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    • alty

      There are only 2 kinds of markets. Either the make fun of Numbers for being so wrong market or the buy shares for my yet to be born grandchildren at a discount market. Either way I win.

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      • numbersgame

        I don’t think you are stupid, but like most investors, you are ignorant as hell: you don’t know what you don’t know.

        During the last few years, it has finally become evident to investors that the CBs’ artificially low interst rates are propping up the markets. However, they (and you) have still not extended this to realize
        1) CBs have been doing this for **decades** (look at 50-yr interst charts)
        2) Interest rates can’t fall much farther, so the days of double digit stock returns are behind us.

        As for “making fun of numbers”
        YTD, TLT (+11.2%) is now crushing SPY (0.67%) as well as QQQ (4.57%). It is even beating AAPL and MSFT and edging out GLD (+10.6%).

        Last year, the market “won”, but bonds still had one of their best years ever so I’m not complaining.

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        • alty

          It makes no difference to me which market “wins” or “loses”. US stocks are 33% of my portfolio. Bonds and cash 30%. It bothers you deeply for some reason that there are people out there willing to accept average market performance across a range of asset classes. I’m currently up 2% in February. That alone is unsustainable monthly performance. A diversified portfolio and steady contributions is and always will be the key when you are a patient person with long investing time horizon.

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        • numbersgame

          I don’t give a shit about your gains or losses, but you seem obsessed with mine. The only time you post is to disparage my trades, even though they keep turnign out to be right, TVIX,ROKU, TVIX again, bonds, overpriced market, etc.

          You claim it is because you liek to watch arrogant people lose, but then agian, I don’t see you bothered by anything Fly ever posts.

          You know that 5th grade bully who picks on 3rd graders? You aren’t that kid. You are the bully’s sidekick, who kicks the 3rd grader after the bully knocks him down. You really are a coward, regardless of how your portfolio is doing.

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          • alty

            I’ve clearly gotten under your skin which was the goal all along. Your first post of the day mentioned my name which says it all about obsession.

            Got TVIX right…except for that harvest late last week, what 40% lower?

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          • numbersgame

            1) Your first post *everyday* mentions my name.
            2) Looks like that first post got under *your* skin, which was *my* goal. Your choice was to either ignore my post or respond, really a lose-lose proposition. Kind of annoying, right?

            Do you want to keep playing this game?

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          • numbersgame

            TVIX is short term because of time-decay. Unlike bonds, you can’t buy-and-hold and wait for a crash.

            Comapre the VIX and TVIX charts and maybe you’ll learn something. Probably not.

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          • alty

            I’m sure it’s tough to process how many months (years?) of working it’ll take to make up for the trading losses. If lashing out at me helps you blow off steam, I’m glad to help you cope somehow.

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          • numbersgame

            That’s a good comeback – I really mean it. I wonder how you came up with that…

            “I’m not your problem. However, given your apparent difficulties, if this is what you need to get through your days, I can take it. ”
            -Numbersgame in response Alty,, 2/12/2020

            Imitation is the highest form of flattery, so thanks.

            https://ibankcoin.com/flyblog/2020/02/12/why-hate-tesla/#comment-566011

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  4. Good Shepherd

    Back from the future kids and i can reaffirm: THIS IS IT

    Closing my vix calls this am

    Get long btcusd, flobtc and gld you fucking morons

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  5. mad marsupial

    If I ever need a laugh, I’m never disappointed here. Too damn funny.

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