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
22,140 Blog Posts

OOOH, WE ARE IN ‘BEAR MARKET TERRITORY’

Thanks to the fucking asshats on CNBC, I am fully aware that the indices, excluding the S&P, are now in ‘bear market territory.’

What shall I do now?

Developing…

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18 comments

  1. Cajun

    short FSLR

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  2. alphadawgg

    Look to fade CNBC? That usually works well.

    Time to pull up stakes and move camp. Those guys are known to fart in the wind.

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  3. asshole dip buyer
    asshole dip buyer

    buy GE

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  4. boca

    I think the market action is boring Fly today, so he has more time to write humorous posts for internet peons, myself included. It’s appealing to my very dark sense of humor today.

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  5. Crude Broker

    Fly, why in the fuck do you still watch CNBC? I think you would be a happier man if you sat back watching Discovery Channel or ESPN all day. We turned those financial channels off a long time ago. We watch movies here all day at the office. “The Good, the Bad and the Ugly” and “Airplane!” were on this morning. Try it.

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  6. The Fly

    Crude:

    For your office, I will post another Frankie Ruiz song.

    CNBC is comedy for me. I enjoy listening to the illogic.

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  7. The Fly

    Quick Alert:

    I just had my favorite breakfast: eggs in a basket.

    The last time I had them, the market swan dived.

    More on this later.

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  8. Kiwin

    Speaking of you watching movies or CNBC all day, I read instead. For Woodshedder leaving you going to update the library or atleast add an “Alphadawg” section. I like seeing people’s favorite books.

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  9. Crude Broker

    Ha Ha, that day was hilarious when you posted it. A few guys jamming that song, and then one guy just wouldn’t let it go. He was on my shit list for a week. Everyone got a kicked out of it. Who comes up with that shit? Fucker.

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  10. allcash

    SPX and DJIA caught with the decline of nasdaq great newsssss

    Seems like the market wanna do late session rally
    pure sickening

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  11. Crude Broker

    I think we should go to a 1 hour trading session. 2:00-3:00 pm EST. There will be no time for late day rallies or any of that bullshit, just balls to the wall, add to or take from your positions for 1 hour, then go home. Think about it, it would take a bunch of the bullshit noise out of it, and ruin CNBC.

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  12. sniper6

    Crude- excellent idea. But, can we do that from say 7 am – 8 am? That would give me the rest of the day off to collect returnable aluminum cans from the side of the road.

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  13. calvino

    Yea I turned off Bimbo TV for a day and it fucked me upside down and sideways. They had the whole fucking clown parade on from the bearded chairrat to killer Hank to Chaime the filthy little Demon all on in one day. Had I seen those shitslingers I would have gotten flat instantly. Or so I say in retrospect. Thankfully Martay is giveing the lying fuckfaces the blag flag today.

    On a personal aside.. In my former life, when I was in business, Indy Mac saved my skin once. I am sorry to see you guys go, even if you did it to yourselves. I hope some of you find a new beginning. To the rest of you bankfucks, fuck you, UB, PCBC and especially CYN.

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  14. buckeye bob

    I need some help here – does anyone remember how long that last bear mkt lasted was it one or two days?

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  15. alphadawgg

    Calvino, you must be in a good mood today.

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  16. YKNOT

    “bankfucks” LOL

    Calvino is a good man.

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  17. calvino

    Yes, Alpha, the Fly is wreaking havoc on my enemies today, and all the Vegas douchebags bankrupting families with their slut machines are falling all over themselves.

    btw.. clf is up a modest 16% today. That’s a normal move for a Big Board stock right, if they are a fucking biotech maybe and just got and fda approval for a new mindnumbing spike for little rugrats. Short the lunatics.

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  18. Jakegint

    Crude- excellent idea. But, can we do that from say 7 am – 8 am? That would give me the rest of the day off to collect returnable aluminum cans from the side of the road.

    Here’s my thought.

    If you took all the comments, blogger and respondant included, from this blog from day one, threw them into a Cuisinart for three minutes and poured out the contents into a milkshake glass, the above would be the result.

    And yes, that was a compliment, fwiw. Bravo.

    __

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