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
23,404 Blog Posts

Position Updates: DUG

Will one of you fuckers get to the PG and post a chart of the obvious breakdown of [[XOM]]?

You lazy fuckers.

See, I already knew it was coming, while many of you believe oil can do no wrong. Tell that to the shareholders of [[VLO]] or [[TSO]].

Anyway, my point is: XOM is the biggest component in [[DUG]]—double inverse oil stocks.

A clean breakdown in XOM means more well deserved profits for “The Fly.”

UPDATE: My boy Ragin’ just threw up a chart. Thanks for nothing you lazy Woodfucker.

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23 comments

  1. JakeGint

    I think SMN’s a bigger call here… check the percentage MONstah is of that index… it’s more than a seventh of it!

    And MON is going to the mid 70’s. I’ve got a weekly chart, maybe I’ll post it later, if I can figure out the shrinky dink thing…

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  2. theflyisajoke

    I shorted XOM at $94 and DE at $91

    Banking Coin

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  3. jeff

    Does anyone care to comment on the USD?

    I say down down down, I hear rumors to the other side but doesn’t sound convincing…

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  4. The Fly

    I demand you change your handle, due to the sheer fact that “The Fly” is the farthest from jokery known to man.

    Jake:

    I have SMN coming out of my fucking ears.

    Back to sapping my neighbors’ 401k plans, via shorting their stocks.

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  5. jeff

    SMN now before possible action tomorrow?

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  6. Shorticus, Demigod of Financia
    Shorticus, Demigod of Financia

    Hmmmm….

    That young rascal James Diamond seems to struggle on even with a number of internal organs removed.

    There!

    We shall see how much better he sallies forth with no liver…

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  7. TraderCaddy

    Tell the bearded one to shut the hell up so the chips and homies can spike up.

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  8. The Fly

    TC:

    No rally. Just pain.

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  9. Granpa

    Hey Fly.
    Maybe you can pick your next asshat from the ranks of Congress.

    Or, you could do it in reverse. Pick the couple that aren’t asshats.

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  10. Bearonidus, Son of Shorticus
    Bearonidus, Son of Shorticus

    As his issue, I have concurred with the philandering Shorticus on SMN.

    I took positions yesterday upon the lightning bolt to the groin that basic materials took.

    More wine!

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  11. Woodshedder

    Fuck you FLY BOY.

    I gave you EWZ, and the IFN and INP. Did you act on those? Nooooooooooo.

    So I thought XOM would bounce a little before crashing.

    Can’t win them all.

    Plus, some of us work for a damn living.

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  12. DPeezy

    “No rally. Just pain.”

    Sounds like a line from 30 days of night…
    “No God”
    …as the vampire destroys her.

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  13. The Fly

    Hey, I work too.

    However, it’s worth noting, not nearly as hard as you Southern log carrying type.

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  14. Otis the Redneck

    This is how we do it down in Dixie:

    http://www.youtube.com/watch?v=20GmG_3HUyc

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  15. Woodshedder

    I’m gonna have to send out Bruno to hit Danny, Cajun’ and Dpeezy in the kneecaps.

    “Don’t take my charts from me…its all I have…sniff sniff…”

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  16. Woodshedder

    Actually, I’m knocking off, right fucking now. Next you’ll hear from me, I’ll be at home.

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  17. Otis the Redneck

    This is what we do at family reunions:

    http://www.youtube.com/watch?v=40tjhcpt37M

    So don’t give Woodshedder any shit. Our family don’t like it.

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  18. jeff

    my dumb ass got stuck in bwld + cors

    sell the mother f’ers?

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  19. TraderCaddy

    If you want to sell, get rid of them in the rally to start soon-after the dumbass bearded one is finished talking. He makes “what me worry” Greenspan look like a genius.

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  20. jeff

    thanks man, i had the same thought…

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  21. boca

    “What, me worry?” That oughta go in the official site dictionary under Bernanke’s name.

    Great zinger, TraderCaddy.

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  22. JakeGint

    Otis —

    That’s some awesome shit. I got getta me one of them twin .50 cals.

    Almost as fun as plunking a six foot emu ‘a twixt the eyes.

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  23. Otis the Redneck

    JakeGint-
    You outta see what it does to rabbits. It’s like magic.

    In the meantime, I have been machine gunning every bull in the pasture. It’s a fun day DUG in my foxhole and SMiliNg.

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