This evening, some internet friends and I met for a ’round table discussion’, regarding the important matter of the criminality and brazen individualism of the one named Kenneth Fisher.
This man, who is world famous for his mentally unbalanced commercials on Forbes and The Street.com, is a great destroyer of American capitalism and fiat currency and/or faith in mankind.
His funds, as you readily know, are getting assailed, lambasted mind you, to the tune of 30%+ this year, yet he has the fucking nerve and gall/audacity to make public statements regarding stocks, giving advice on crisis management. Is he fucking kidding?
This man needs to be stopped and arrested on charges of conspiracy to destroy the American idiot investor, via low end, yet hypnotizing internet commercials. They are quite good, you must admit. I insist.
Howsoever, Ken is full of all sorts of nugatory data points.
Exhibit A:
[youtube:http://www.youtube.com/watch?v=koIxJB6uZ28 450 300]In short, it’s men like Ken Fisher and Bill Miller that make Wall Street look like a place where oversized clowns, with large red noses, get fired out of small cannons into fields of stringed beans. It’s almost as if us Wall Streeters have been reduced to 30 second comedy skits on the Jon Stewart show. This vexes me to no end. I say to hell with these pikers. String them up and seize their assets. Let’s send them to Nike sneaker factories in Thailand, where they can get kaned to death for taking 16 minute lunch breaks.
Speaking of which, as many of you know, I have a bone to pick with “The Commodity King,” Dennis Gartman. I know some of you fuckers love that cretins newsletter. But, let me tell you, anyone with the cannon balls to nickname himself after an entire asset class is a fucking asshole. End of story.
That’s like me saying: “I am the King of all Dollars, master and destroyer, commander of the legions of coin and currency.”
Douchebags.
UPDATE: Speaking of douchebags, check out this new Fox business commercial ripping Cramer. Classic.
[youtube:http://www.youtube.com/watch?v=yca7nbhyMVY 450 300] If you enjoy the content at iBankCoin, please follow us on Twitter
Fisher is a classic douchebag. He’s also said trade deficits don’t matter. ….and what’s up with the hands?
he has an alligator face.
Fly:
I’ve known Dennis for 20 years. He’s a good guy. A really good guy. He can get it wrong at times like we all do, but he’s also very quick to take his lumps and move on. His newsletter to which i have been a subscriber is very informative and offers a good look into overnight events.
I really think you are unnecessarily being far too hard on him and he really doesn’t deserve it.
Fuck the Gartman Letter.
Fisher looks like Beavis. Or is it Butthead?
Yea, what with Ken’s hand gestures. What a douchebag.
This is a guy that’s talking a good book and then you hear he’s down so much.
That Cramer commercial is running like mad on AM radio here in the San Francisco Bay Area — all channels. Exact same audio track.
Good to see the AotWA back.
Although, maybe we’ll be ready to crown a couple new ones after JPM & WFC earnings tomorrow morning.
Speaking of which, check this out:
http://www.marketwatch.com/news/story/prediction-obama-pick-dimon-treasury/story.aspx?guid={CC95B387-4E33-4883-AB80-EB3FA337E6E3}
Fly:
Stop being so stubborn and quick to judge. You don’t have to use Dennis’ letter to trade. It can also be used to get an appreciation of what’s been happening over night without having to go to number places and read individual stories to be better informed.
Act your age or you’ll be sent to your room for the rest of evening without any candy.
How do you know what’s been going on? You channel each market?
It’s getting late. I’m going to have sex with my wife. Good night.
Gartman is a tool. However, I am sure he is a gentleman, as all men from the great state of Virginia are.
Someone should cut off Fishers hands.
Eat some cereal, go to bed.
I got through about 25 seconds of his hand gestures before I had to stop it. If he pulled that shit in Iraq he would have his arms and LEGS cut off! What a tool bag!!!
Someone should cut off Fishers hands.
No. You would also have to rip the arms off. The hands they could replace with hooks and then he’d be waving those things around like Cap. Hook.
the upper limbs would have to go.
Fly:
Dennis is a gent. Show some friggen respect willya. He never takes people for granted and never leaves them in a lurch when he’s touting trades.
Like you he ALWAYS puts up his buys and sells.
Quit picking on Ken about his hand gestures.
The man is the World Champion Paraplegic Hula Dancer. Show some respect. He can’t stay at the top of his game without constant practice.
ottnott
I particularly like the circle he did with the index finger of both hands swinging them around in a sort of hoola hoop montage (towards the beginning). That was cute… especially when you realize the goof ball is down, what , what did fly say? 60 odd %.
I think we should start an equivalent of a AA for loser fund managers. They’re all sitting in a circle and Ken comes in:
” Hi, I’m Ken. I lost 60% of my fund and a recovering loser.”
Total asshat! He manages my Roth and it’s down 25+ on the year. Maybe that makes me an asshat lover. Any suggestions on another clown to manage my retirement plan?
LoL at Ottnott.
Fly, thanks for giving the award to Ken. I’ve been waiting quite a while now.
CNBC actually ran the Cramer ad. Whats up with that?
Quote:
“Some people have also noticed an election effect this year”
Ken:
“It’s not an election effect per se. What we have discovered is an anomaly going back dozens of years than, between june and november, in an election year, US stocks seem to perform better relative to European stocks, whether the rest of the time US stocks are leading or lagging the economy or not”.
What a fuck. And to think that I applied to work there when I was desperate.
Fischer deserves a good caning for the hand gestures alone. there is nothing more fucked up than sychronized finger flips. If there s an asshat of the century award this guy has my vote!
Those aren’t his real hands.
I recognized those hands as the hands of none other than CNBC’s Maria Bartriomo. She has mad skills that go beyond broadcasting and giving tug jobs to Mark Haynes after 5 scotch and sodas.
Fucking idiot ought to be up for two consecutive asshat awards.
fly:
roll him over into next week’s asshat as the prick deserves it.
“synchronized finger flips” deserves a serious headkicking with two awards.
Last chance. get McCain on the PPT
Congrats to the Rays on the Boston massacre last night and turning the BoSox into chowda.
what a gynormous assputz
Setting up for a possible classic SMH daytrade. INTC,ALTR holding up well in pre-market movement and TXN,AMAT,KLAC not down by a bunch. May buy SMH on gap down and if AAPL holds up will scale into some Q’s for a Spitzer in and out.
Fly ahole/back pattin indicator reachin hi’s – imminent smoking to ur equity coming karma man
I think Fischer’s routine would be seriously improved with the addition of finger puppets.
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Seriously, watch the video again, and note how still he keeps his head whilst the hands seem to adhere to a completely different agenda altogether.
It’s almost “muppet-like.”
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We are trying to contact the man in your video, the one with the frankenhands and alligator face. Does he do interviews?
I hate Cramer but I keep watching him – strange, no?
The things is names like “Commodity King” sells alot better than “Clueless arrogant dickbag will wipe my ass with your money” or perhaps “I have no fucking idea what im doing thanks for the 2%, now go fuck yourself”
I love this site. Wish I would have found it sooner.
While you freaktards are making fun of people while Rome is burning take a look at Nassim Taleb’s video. Go to Finvziz.com,news,BP. This market ha turned into a slot machine. The only people buying are old fuckers looking at false PE ratios and the FED. It is more important to know what you don’t know than what you think you know. What you think you know is overeducated f
fuckups making plans that could not run a business or trade their way out of a paper bag.
I love it when Cramer does his reccomendations and right away all the pikers start buying then I go short. I like taking their money.
It seems Pro Trader was assassinated right there in mid-rant.
I kept telling him to watch his back, poor bastard…
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Fisher is a textbook douchebag. He’s so perfect at it.
What makes it great is that he’s been riding his father’s coattails his whole life. He claims to have made some great market calls, but he’s been non-stop bullish forever, so I have no idea what he’s talking about.
CR-AAPL not even negative anymore.
Watch for the head fake
suckers, er… “fellers.”___
Margaret Brennan looks stoned and or anorexic. Quick, somebody get her a bagel.
Pro trader
Dude, go short. Who is holding you back. It’s a free country. So stop it with the ad homs directed to the longs.
You got you faced ripped the other day and blaming the longs?
SMH + pre-market.
Cannon-size balls lol. These newsletters putzs needs to be handled similarly to the tobacco companies. No ads, tax the hell out of them, and turn them into non-profit corporations. Let them die slowly, but make sure they die.
Kill them all! 🙂
Hey at least you don’t have to attempt to vote down (CA Prop 8) your 6 yr old boy being taught that cornholing is okay in california.
The end is near, be very afraid.
CA Prop 8 ^^
Fly, You have some balls judging Gartman with the trading history you have on this blog.
And You want to launch a PPT? HA!
starting to open a position in ES…
Fly. I thought you were the king of all dollars, etc. My bad.
Wow there are a lot of Dennis Fartman supporters on this blog. Either that on its Dennis Fartman himself.
Ken Fisher is a serious asshat. I was reading somewhere that since he started managing money, Fisher has annualized returns of around 4% not including the beating he has taken this year. How do guys like him manage billions ? If Fisher is an asshat then what are his clients ? Giving money to an asshat to invest is plain crazy.
We giving back Monday’s 1,000 points over the course of the rest of the week?
simply stunning that the 1 month T Bill yields .006
J;
I went long the other day and made a 28% gain. I am not saying doom and gloom. I am saying anything is possible. Watch your ass on both sides of the market. My present Idea it is gold. That could change in a day. Get the picture. And yes I made most my 28% in UYG using a Low limit order at the open.
anybody think we can snap back today?
What the fuck is with Ken Fisher’s crazy hand gestures? If you turn off the volume, he looks like Hitler giving a speech in the 1930’s…. a complete maniac.
Looking for at least a 2-3% SMH gain by mid-AM if NASDAQ can get+.
Fisher is actually an advanced robotic prototype released into the public for observation by the CIA. It’s pretty amazing really when you take that into consideration.
SMN is ripping the balls off the longs again today.
Hay “J” … Fuck Off, you idiot!
look out below..
There’s a gap on the Russell at 526 that needs to be filled.
Keep an eye on it. No similar gaps on the $SPX, which is annoying me.
Similar gap to fill on CHK at $16.60.
May take advantage of that one…
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Rumor on CHK, gappingandyapping got hit with a margin call. He is currently liquidating his shares of CHK, 2000, or approximately 35% of the company. His liquidation should be over with 90 minutes.
I bought a little BOOM-age here, in the low 18s.
wtf happened to NOV ? You SSing it FLY ?
my my…hey hey…flys stocks are headed THE WRONG way..theres more to the picture..then meets the eye..come on now..you can pick em better fly!!
WTF you did to NOV ? SS ?
Did someone just send out the memo that the economy is slowing? Is this the most fucktarded market ever? Who’s running this show?
You think it’s bad now, wait till Ol’ Ben starts speaking.
AAAAAH! I’m on fire! Make it stop! Make it stop!!!
-DT
By the time you make up your mind the market is going the other way. It you are not a good day trader stay the fuck away.
A long squeeze.
Soon to be reversed to a short squeeze.
KRE is another good long if market changes- and if you wit 10 minutes it probably will.
6/12/2008:
‘Fisher says people have had “the pants scared off them” but when this correction is played out the markets will be back to making gains. His message then is to buy across the markets — and especially in sectors like mining and infrastructure where demand is clearly still strong.’
can someone explain.
Is the market surprised with slower retails sales number for sept? This wasn’t even discounted until it came out today?
Or is this new shorting going on?
Ah saw this on digg, pretty funny.
The Iraq Door Breaker
http://www.youtube.com/watch?v=E_ISH3tKZcw
I read sign language and Fisher says: “The Fly can go fuck himself”.
Don’t go and shoot the messenger now.
He was also dabbling in some Jedi mind tricks, get tinfoil around your head, asap.
Selling KRE for nice 2.50%- still have half SMH @20.52. Can’t watch markets and Leave It To Beaver at the same time.
j,
That was exactly my point in the last post. There must be a whole shitload of under capitalized, over-trading, bottom picking, hero, newbies in here getting both balls chopped off. I don’t get it. Maybe I should try the tinfoil cap and sunglasses getup..
SMH,KRE and small banks will lead the DIA up 200 by 1:00- all bets off after then.
DOW to 7000 by Friday
Too funny video with Ken Fisher. I laughed my ass off watching him move his hands around. At first, it looked like he was letting his nails dry.
Excellent post Fly!
Looking for NOV at $24.60 or thereabouts.
That would be a gift from the sandaled one with long flowing robes.
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CHK filled at 16.55! Gap filled! C’mon Aubrey!
__
do you have to be a big Fucking D’bag to be a CNBC reporter??
ahahah…. June…. *sigh*
Ken Fisher…boy you couldn’t be more on the money characterizing his personality on air. It’s like he’s on drugs for ADHD while he talks. I’m sure he’s making someone rich with all the air time he buying : )
Snapini