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
21,506 Blog Posts

Donny is a Freakin’ Retard

Hey kid, you made it big. From this day on, you can tell your kids: “one day I was the headline story for Fly’s website.”

Go ahead people, bet against oil, see where it gets you. As a matter of fact, go buy some “oil down” bullshit, via [[DOY]]. I guess the assholes who created DCR were so pleased with it “zeroing out,” they decided to build another one. Genius!

What the fuck is wrong with those assholes, making ETF’s that go to zero?

Look, I threw out my economics 101 book a long time ago. If you are going to live a life of luxury, off of egregious stock market gains, you cannot think rationally. Shit is backwards, turned inside out. By the time you figure it out, it self destructs—blowing your arms, legs and balls off.

At this juncture, only assholes bet against crude. They are the same people who are buying bank stocks on the dip and are avid CNBC fans. Some of them even have posters of Bob Pisani, walking the NYSE, on their bedroom walls.

If you insist on betting against oil, do it with style. Go with the ETF (DOY) that can send your bullshit account to zero, effectively leaving you broke, penniless and plain ol’ vanilla gay.

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23 comments

  1. Dennis Kneale

    Dude I have that poster in my bathroom!

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  2. Mike

    Aren’t you long DUG?

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  3. Mad Max

    Iran is like the bully kid in grade school that told you he was sorry for tripping you on your way to the lavatory and the very next day you’re gleefully walking to the shitter and the bully boy takes a baseball bat to your knees.

    Fuck Iran. We need to blow them the fuck up before they take a baseball bat to our knees.

    Crude oil to 200 bitches!

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  4. The Fly

    I am long DUG.

    DUG is my hedge against my oil positions.

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  5. anonymous

    fly, you are my hero.

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  6. Donny

    I will tell you Fly, what I told alpha … I actually opened a cracker jack box last year, and learned that I inherited mineral rights in Oklahoma of all places. No Shit!

    It’s a tuff racket depositing those quarterly checks. FREE MONEY!

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  7. alphadawgg

    Donny, you must be confusing a cracker jack box with a fortune cookie.

    Shit….and I gave you a headline.

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  8. The Fly

    Donny is validating my headline on this thread.

    Thanks.

    Fly Wins Again.

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  9. Donny

    NO, it was a Cracker Jack box. It looked like one of these fuckers: http://www.crackerjack.com/home.htm

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  10. alphadawgg

    Donny, how old are you?

    The Fly might consider instituting a “below 17 1/2 years” policy to go along with the 47 1/2 thing.

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  11. Sir Douchebag

    Word on that.

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  12. Aris

    was donny the guy betting that oil would crash, along with other commodities?

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  13. Mad Max

    Looks like I got some bad karma for my Iran views.

    I’ve got two words for you clowns:

    Ka-Boom!

    Wait, is that one word?

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  14. Swatter

    $Wtic is under distribution. Now LOCKED in 130-140, maybe suckers like you are dumb enough to buy it here. Hell, the only reason it went above that range was short covering. Soon your next headline will be “Fly sells USO!” Write that on your forehead with the latest lipstick you bought.

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  15. YKNOT

    Max,

    Who has Iran tripped?

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  16. Coryea Capital
    Coryea Capital

    Swatter,

    Shut the f*ck up. Go short USO then.

    Non-OPEC countries can’t produce enough oil to sustain global demand growth & we aren’t drilling in Anwar. Iran’s “Horzue straights” or whatever the f*ck its called has 40% of the worlds Oil. Nigeria and Libya are threatening cutbacks. OPEC gave us an extra 200K barrels a day — a drop in the bucket. Long term alternative energy plans are in development, but years from successful implementation & America’s infrastructure is built on highways. Plastics are made from oil. Global demand indicators are trailing indicators, we won’t realistically be able to quantify global demand destruction for another month at best. Short refiners. Short-term Oil pullback, maybe, but Oil WILL move higher. Oil to $200. — For additional insight contact Arjun Murti, GS Analyst that called these prices 2 years ago. Go tell him to Short USO, I’ll stick with the Fly and continue banking egregious coin.

    Oh — and while Congress blames “Oil traders” for speculation & threatens regulation, go short NMX & CME. That shit ain’t goin anywhere but down.

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  17. Swatter

    “For additional insight contact Arjun Murti, GS Analyst”

    Short GS too. Your welcome Coryea!

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  18. Jakegint

    Max,

    Don’t be discouraged. I think there’s a number of younger folks here who do not want to face reality. This is human nature. No one wants to face bad things. Everyone wants to defer pain. I smile — somewhat wryly — when I see questions from posters (new ones, or just new monikers?) like “Who has Iran tripped?”

    One wonder what sources of information these people access, but then one may not want to know.

    Such is the fate of a free Republic. Free speech does not necessarily guarantee truthful speech. Hang in there.

    ___

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  19. Jakegint

    Coryea –

    Don’t forget ICE, while you’re at it.

    I used to know a money manager of your name… you don’t have your own shop, do you?

    _

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  20. Mad Max

    yknot,

    My thesis is very simple yet seems to ring true every single time.

    Iran sabre rattles about taking out (or trying to at least) Israel. Israel takes it very seriously. Iran says it would attempt to blockade tanker activity in the Straight of Hormuz if anybody takes action against them. Then they back off to the point of yesterday their asshole leader makes a bullshit speech in Malaysia about how they have no interest in war, war games, blocking the straight, etc. Just hours after his bullshit speech, they fire test missles. They are not to be trusted. They are total pussies but they are crazy pussies. I say we bomb the fuck out their nuke sites NOW because they are assholes and cannot be trusted. It will cause severe short term pain but at least armageddon will be delayed for a few more weeks.

    Cheers,

    max

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  21. Max,

    “I say WE bomb the f”…

    What’s this “we” stuff?

    One word for you – enlist.

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  22. Sia

    Here is a safer way to short crude: DTO

    PowerShares DB Crude Oil Double Short ETN (DTO)

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  23. Mad Max

    I tried to enlist but they don’t allow one legged gay men over 45 1/2 into the military any longer.

    And the “we” stuff is anybody who hates evil you jew hater.

    ps: fuck you

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