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
23,431 Blog Posts

Bulls Clipped by 10:30am

Just forget about buying stocks. You’re over there, like an idiot, trying to catch a bottom again. I fucking told you: the market is a bad ghetto now. You can get shot waiting for a bounce.

On this failed rally, it makes loads of sense to buy [[FXP]], [[SKF]] and [[EEV]].

However, it’s worth noting, I am not selling any of my longs—just in case.

Seriously, you’re far too stupid and poor, to fuck around in this market.

Go play some low-stakes poker or something, instead.

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39 comments

  1. Benson Burns Bisonburger
    Benson Burns Bisonburger

    TIP is setting a 52-week high today. Well, before the year end.

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  2. kd

    Fly,
    What do you think about AUTH.

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  3. Green Writer

    The bulls seem to have brown fluids running down their legs. I love the ghetto reference.

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  4. JakeGint

    You mean, “unless you are short, and then it doesn’t matter how ‘stupid’ you are.”

    ____________

    Aside: You ought to have one of “your people” investigate this.

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  5. gappingandyapping

    Breaking News: Broker A just repoed my fucking car. Asshat I want that shit back and will ask for a government bailout!

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  6. Hermann Hesse

    No matter what your leaning currently is, this market is short-term over-sold, as woodshedder stated.

    Also, this is just the kind of volitility you see when a short-term bottom appears, seeminly out of nowhere.

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  7. Pudfucker

    Why does Bob Pisani wear a suit and tie? He should be wearing a cheerleading skirt and have pom-poms.

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  8. SaNTa

    Jake has a mustache and owns his own trading company… http://www.jakestrading.com

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  9. Juice

    they’re shooting Ag today … no food for you

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  10. Juice

    FRX sinking like a hollow pebble … slowly , but surely

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  11. JakeGint

    Bruce —

    the “tell” on ag was that horseshit article from the Brit titty tabloid yesterday.

    Anytime you see a paper using Al Gore as an excuse to pump ag on “famine” hysteria, it’s dumpola time.

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  12. JakeGint

    Santa, that’s kind of a cool site, but there’s not freaking way I’d ever live in Minna So Cold.

    Nice people, but they have to spend nine months in gerbil tunnels.

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  13. tehdrunky

    mvis still gay

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  14. newequity

    bulls on parade, damn you people.

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  15. Juice

    what paper? the SUN? checking out the titty pages or looking for contrary lead articles?

    you’ll like this one Jake .. your fave, Ron Paul was on fox’n friends yesterday .. when asked about Huckabee’s use of a cross in the backdrop of a political ad, he quoted Sinclair Lewis who said ‘When fascism comes to this country, it will be wrapped in a flag and carrying a cross’.

    http://www.youtube.com/watch?v=BrkltetQ0x4

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  16. PoorOkie

    I would like to apologize to all the gay people out there for ever calling Rick (snaggle tooth) Santelli gay. He is not gay; he is a fucktarded goat-fucking asshat. Larry Kudlow is gay.

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  17. Juice

    Larry Kudlow is gay .. not gay in the sense that is commonly referred to around here, but factually & actually a tail-gunner

    not that there’s anything wrong with gunning a brothers tail, it just ain’t my bag

    to each, their own

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  18. CubsRock

    Great call on SKF, Mr. Fly. Bankin Coin thanks to you 😛

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  19. Benson Burns Bisonburger
    Benson Burns Bisonburger

    A gay Jew neocon? No wonder he likes Barney Frank.

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  20. The Fly

    Bill Clinton is gay too.

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  21. Juice

    Clinton is bi … if it were possible to be tri or quadsexual, he’d be that too

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  22. PoorOkie

    If I were married to Hillary, I might be gay as well.

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  23. Benson Burns Bisonburger
    Benson Burns Bisonburger

    It’s actually pretty gay to talk about who’s gay while watching the market collapse.

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  24. Juice

    since Ag has been the strongest, its probably the last to get shot … infra & strong tech got shot yesterday ,,, we’re setting up for that elusive bounce

    maybe

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  25. Benson Burns Bisonburger
    Benson Burns Bisonburger

    That being said, when is LIMM coming out?

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  26. Juice

    Broker, don’t let the fun in SRS elude you

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  27. Juice

    LIMM is turdsday, i think

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  28. PoorOkie

    It is gay to worry about the market right now. It is completely and totally beyond anyone’s control. Just hold your core positions, put on a few shorts, then shut the screens down until Jan or Feb or maybe even Mar 08.

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  29. Benson Burns Bisonburger
    Benson Burns Bisonburger

    I’m praying (no pun intended) that Edwards and Huckabee win the nominations so I can go 100% short.

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  30. JakeGint

    Bruce,

    I am glad that wackjob Paul is training his guns on Huckabee. That guy is an unmitigated disaster waiting to happen.

    You know why the commie press has been pumping him don’t you? So that if he gets the nod (they wish beyond their wildest dreams) they can pile on him so hard he’ll WISH they would only call him Elmer Gantry, as that would be better than the full on Anti-Christ.

    _________________

    Not that the commie asshats believe in any of that shit anyway, they just want a commie in the House, no matter what.

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  31. JakeGint

    Oy, Edwards might be the only asshat out there even worse than Hillary.

    A true, empty suit, brainless commie.

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  32. Benson Burns Bisonburger
    Benson Burns Bisonburger

    Huckabee was a tax-loving fat fuck. Well-documented:
    http://www.crooksandliars.com/2007/12/16/huckabee-squashed-charges-against-his-son-for-stoning-hanging-dog/

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  33. MarketRaider

    Fly/Woodshedder maybe you can shed some light on some seeming randomness. So LEH posts mediocre earnings and some write downs but holds on to it’s gains for a day or two while GS beats and plummets. Does it make sense to anyone?

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  34. Leopold Stotch

    I thought Kudlow was light in the loafers. Watch his hand movements. Total homo.

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  35. MarketRaider

    Thanks ducati998!

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  36. chivasontherocks

    tomorrows’s 10:00 anouncement should be interesting.

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  37. buylo

    why? is Kudlow having a press conference?

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  38. Pudfucker

    Charlie “the insane pittbull” Gasparino quoted his source within Goldman who said Goldman had a “HORRIBLE” last two weeks of November, perhaps the worst two weeks ever.

    Plus, everyone thinks the banks/brokers are hiding shit in Level III assets that will be written down later, inflating both current earnings and book value.

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