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.
The market is going to take a major dump first thing Monday morning and close near the lows of the day. Weak BEARS will cover 30 mins – hour before the close. I won’t. Tuesday same thing. BTW, I updated my new low to 1/19 last week, however, we may just do a slow cascade down until mid February. I’m not covering my 9/19 or 12/6 positions until we get a 6 handle on the S&P.
January 9th, 2009 at 5:46 pm
WRITE IT DOWN.
January 12th, 2009 at 2:06 pm
Click to Edit (2 minutes and 43 seconds)
January 12th, 2009 at 2:29 pm
Devil Dog where do you live? Do you still live back east?
Are you retired from those two different VP positions?
Are you a part-time trader?
Do you have your own website?
Do you play golf? or fish? hunt? sit on couch after sitting in chair all day?
Do you live in the woods in the country with a stock pile of food guns and supplies?
Who are you? The link on your name is always broken…
Artist, I picture DD not having time for women. I picture him spending his free time not in a game of golf or dinner with a lady but instead buried in a mound of survival magazines and ordering survival stuff off the internet.
Proshares, you’re wrong…I’m getting BIG time paid. The game won’t be at bottom until S&P 150. I will take all the money. I told you before I’m in it to WIN the WAR.
Lady,
I’m 55 years old. I’ve been married to my college(VA TECH) sweetheart for 28 years. My only son is a college sophmore. I now live in Montana, formerly in Dallas. I’ve been a full time trader for the past 5 years after retiring from the corporate world. My motivations right now are to use my money to help create a viable 3rd party in the USA to throw out the corrupt reps and dems and abolish the fed and establish a government for ALL the people and one that follows the Constitution. I guess I’m a “peaceful” revolutionary. However, I believe the current corrupt power brokers deserve a very harsh punishment and an ultimate residence in Hell. I also support Wounded Warriors since our government does not take care of them.
My hobby is road racing.
That’s it.
The Fed has already backstopped Citi with 300 billion over losses in mortgage bonds……..and they are still in bad shape…… I honestly see citi being the number DJIA component to help bring the index to its knees……I cannot see any blue skies anywhere ahead from here……”di did you see the frightened ones, di did you hear the falling bombs, the flames are all long gone but the pain lingers on…” goooood by blue skies, good by…..
Ross Perot tried to get a third party going and that fizzled out without a ‘figure-head’ to keep the party alive. It takes more money than God to get a viable third party….they dont even let those guys debate.
I got the Montana idea right as I felt like you lived out west Montana, Wyoming, Dakotas. Not really a ‘ city guy’.
Good luck with the third party… do you have a website for this movement?
As for me….no way in Hell I am putting anything on this blog about me…vultures just love to tear apart anything you post.
Bought FXP againn this morning, I hate this MFER, but I can’t stop myself. Somebody please validate my dumbass for doing it.
DevilDog I don’t think ProSahres means you are not making money on paper, but S&P 150, who the hell is going to have any thing to fucking pay, unless it is in lead.
Crisis in the 21st century is the evolution of decades of refinement in psychological warfare–shock doctrine. Americans want to believe it can’t happen here. People in the United States will do well to understand Argentina’s banking failure in December 2001.
Citi……selling their prime gem, Smith Barney…….it is the equivilent of having a car that you need to get to work, but need money so you sell the engine out of it…..yes, from the outside you still appear to have a car…..but you are no longer showing up to work…..and no longer receiving income…..
Citi is on the way sliding down a steep hill into a pile of goat turds…….
I Cry, you are hereby validated. Next time ask for complimentary car wash.
And from Marc Faber:
I am far from certain that US equities, which have declined by about 50% from their highs, are such a a bargain. Valuations are far from where they werea at major market lows such as in 1932, 1974, and 1982. Moreover, economic conditions may turn out to be far worse than in previous recessions, including the Great Depression at the beginning of the 1930s. Everybody seems to think that, thanks to the government’s monetary and fiscal interventions, this recession will come nowhere near the 1930s slump. However, I think it might be far worse – and precisely because of the interventions.
When people talk shit on DD, go short (circa 920-940). More comments = more short
When people praise DD get long. circa around here – 850
How many of you IDIOTS were long above 920? Talking shit to me, and TONS to DD?
I was massively short at that level, covered too early 904! Stayed in though with new TWM, TZA, SKF, GS, (plus watch C for tell alert) Banked massiv coin!
NOW all you fuckfaces are screaming get short.
HAH!
Fact is we may go lower, but since you guys are all gung ho we go higher. Funny how that works.
Weak bears out stupid bulls in. Tomorrow will be the same thing except we will close at day lows. Mr Market I hope you’re one of the stupid bulls. I’m holding for a 6 on the S&P so I don’t care how much the PPT buys at daily inflection points on the way DOWN. I’m just watching my accounts go greener and greener. In the end my NEW LOWS will happen and I will bank BIG COIN. I will WIN the WAR.
Freddy, keep buying and losing with mr market. BTW, I was right today. When do guys like you and mr market actually make a call? All you cowards do is comment after the fact. I’m not impressed or inspired by your lack of courage.
The Fuckery would be a massive marching band capable of crushing all parades on Wall Street and Pennsylvania Avenue.
It would be led by the greatest parts of the greater than the sum of their parts bands like Zep, ACDC, PJ, Band of Horses, My Morning Jacket, Tenacious D and, yes, I will take the B Crowes plus early (very early REM).
Yep, don’t think I’ll be buying that CX or ADSK today.
# DEVILDOG Says:
Just a reminder:
# DEVILDOG Says:
Just in case you all forgot:
DEVILDOG the only one making this call:
# DEVILDOG Says:
The market is going to take a major dump first thing Monday morning and close near the lows of the day. Weak BEARS will cover 30 mins – hour before the close. I won’t. Tuesday same thing. BTW, I updated my new low to 1/19 last week, however, we may just do a slow cascade down until mid February. I’m not covering my 9/19 or 12/6 positions until we get a 6 handle on the S&P.
January 9th, 2009 at 5:46 pm
WRITE IT DOWN.
January 12th, 2009 at 2:06 pm
Click to Edit (2 minutes and 43 seconds)
January 12th, 2009 at 2:29 pm
Guy’s got a pair unlike most of the biotches around here making after the fact calls.
Devil Dog where do you live? Do you still live back east?
Are you retired from those two different VP positions?
Are you a part-time trader?
Do you have your own website?
Do you play golf? or fish? hunt? sit on couch after sitting in chair all day?
Do you live in the woods in the country with a stock pile of food guns and supplies?
Who are you? The link on your name is always broken…
.
Devildog, I think Lady is trying to ask you out on a date?
If S&P gets a 6 handle, nobody will make money. Not even Devil Dog. Write it down. Nobody gets paid. Game over.
FLY:
VCLK under 6.40 is looking like a nice average down price. Oversold or about to break down????
One of these days Devil Douche, POW right in the vagina!
Henry:
Not buying more VCLK. It’s just a down long for now.
Artist if these questions imply to you that I am looking for a date with Devil Dog….you must really have some serious dating issues.
He’s way to scary a person to want someone with lace and champagne.
I think his type would wear GI Joe Army boots and be able to skin a bear with her pocket knife.
Just trying to figure out what makes him such a rascally rabbit
.
It’s all over except for the crying.
Fly – is your pic up anywhere? I would love to put a face to a name.
“with her pocket knife”
Awesome.
I think I’ve gotten Lady blushing!!!!!!!!
Tough times harken back worlds oldest profession.
DevilDog … can ya spare a couple mil?
Lady G = IQ 65
Probably a good match for DEVILDOG
C is holding below 5.75
Artist, I picture DD not having time for women. I picture him spending his free time not in a game of golf or dinner with a lady but instead buried in a mound of survival magazines and ordering survival stuff off the internet.
C is a turd.
It’s…
oh. well then.
Any chance I could pick a brain bout some EDZ? Cuz I’m typically more proficient at breaking open small nuts…
And certainly, these nuts are huge. Bout to bust, in fact.
Anton, I’ve got 400 CX that I’ll give you a deal on, if you change your mind.
Proshares, you’re wrong…I’m getting BIG time paid. The game won’t be at bottom until S&P 150. I will take all the money. I told you before I’m in it to WIN the WAR.
C down big? Must be the shorts………
I’ll take 100,000 HOGS, @ MKT
I ment to use the word “falling” not holding…. sorry….on citi…
devildog reminds me of gary busey from black sheep.
Watch out. Obama talking..
Edit..
No biggie
Market may reverse from here…
The Messiah didn’t use the phrase “the worst financial crisis since the Great Depression” as he usually does when talking about the economy.
That’s confidence inspiring. Buy stocks.
Lady,
I’m 55 years old. I’ve been married to my college(VA TECH) sweetheart for 28 years. My only son is a college sophmore. I now live in Montana, formerly in Dallas. I’ve been a full time trader for the past 5 years after retiring from the corporate world. My motivations right now are to use my money to help create a viable 3rd party in the USA to throw out the corrupt reps and dems and abolish the fed and establish a government for ALL the people and one that follows the Constitution. I guess I’m a “peaceful” revolutionary. However, I believe the current corrupt power brokers deserve a very harsh punishment and an ultimate residence in Hell. I also support Wounded Warriors since our government does not take care of them.
My hobby is road racing.
That’s it.
How about you?
This crisis is manufactured, dont forget about that…
Closing at day lows, the bounce is done.
The Fed has already backstopped Citi with 300 billion over losses in mortgage bonds……..and they are still in bad shape…… I honestly see citi being the number DJIA component to help bring the index to its knees……I cannot see any blue skies anywhere ahead from here……”di did you see the frightened ones, di did you hear the falling bombs, the flames are all long gone but the pain lingers on…” goooood by blue skies, good by…..
You are not the market, DevilDog, wake up…you were wrong for 6 weeks straight.
Mr Market does what he wants to do.
DD thanks for that bio.
Ross Perot tried to get a third party going and that fizzled out without a ‘figure-head’ to keep the party alive. It takes more money than God to get a viable third party….they dont even let those guys debate.
I got the Montana idea right as I felt like you lived out west Montana, Wyoming, Dakotas. Not really a ‘ city guy’.
Good luck with the third party… do you have a website for this movement?
As for me….no way in Hell I am putting anything on this blog about me…vultures just love to tear apart anything you post.
The crisis is NOT manufactured. No tin foil hats please.
Economies peak and trough. We are in a downward spiral.
Nothing new.
“The Fly show” will be coming soon to a youtube near you.
come on Lady, Devil opened up time for you too also…..no excuses, we will all behave……
Death to CitiBank!
Death to China!
Death to Exxon!
Death to Dip Buyers!
Death to Crude!
That motherfucking Exxon, has got a day of reckoning coming. The fat bloated Oil Co’s can only defy gravity, and attract dumb money, for so long!
Kill’em all!
Q Says:
Fly – is your pic up anywhere? I would love to put a face to a name.
There is no known photograph of The Fly. The best we have is a surveillance photo taken just minutes after The Fly left the site. The photographer did not survive: http://4.bp.blogspot.com/_k8aeamVo2JM/R6x9kLb9swI/AAAAAAAAAMY/ydZJHth5I48/s1600-h/pctoilet.jpg
ottnott, that photo is great….
Someone IS BOUND TO HAVE a picture of Sr. Fly
He has a bunch of servants working for him, just give them a few peso’s for a cellphone pic.
Since hes the tender age of 32….I am sure his Momma has some photos.
.
Bought FXP againn this morning, I hate this MFER, but I can’t stop myself. Somebody please validate my dumbass for doing it.
DevilDog I don’t think ProSahres means you are not making money on paper, but S&P 150, who the hell is going to have any thing to fucking pay, unless it is in lead.
Nice sells this morning Master Fly!
VCLK volume
I Cry BullSHIT is smarter than most. Men with big guns and lots of ammo will get paid. Men with big paper gains will throw confetti hissy fits.
I’m gonna put in an order for 1000 shares of DD.
Let’s talk stocks maybe.
Ur face
Fuck all this bearishness!
Long term I love the bear case but this week resolves bullish.
unless it doesn’t.
long: AVAV AIPC LOPE VCLK
you want to talk stocks?
o.k.
next stop for BAC is 8.50
Crisis in the 21st century is the evolution of decades of refinement in psychological warfare–shock doctrine. Americans want to believe it can’t happen here. People in the United States will do well to understand Argentina’s banking failure in December 2001.
Our Engineered Market Meltdown: Part 2
http://www.gamingthemarket.com/2008/10/our-engineered-market-meltdown-part-2.html
DevilDog has in own NWO in mind. He’s got my vote.
In the New World Order, everyone will have their own New World Order.
“The Fly” wins Again.
Surprised?
Amazing isn’t it?
Continued weakness 30 minutes from the close. Who knew?
Devil Dog!!!
P.S. Never forget what dog spelled backwards is.
Working 4 part-time jobs = HANS goes to $140.
The Partnership is melting. Fuck GS
Citi……selling their prime gem, Smith Barney…….it is the equivilent of having a car that you need to get to work, but need money so you sell the engine out of it…..yes, from the outside you still appear to have a car…..but you are no longer showing up to work…..and no longer receiving income…..
Citi is on the way sliding down a steep hill into a pile of goat turds…….
I Cry, you are hereby validated. Next time ask for complimentary car wash.
And from Marc Faber:
I am far from certain that US equities, which have declined by about 50% from their highs, are such a a bargain. Valuations are far from where they werea at major market lows such as in 1932, 1974, and 1982. Moreover, economic conditions may turn out to be far worse than in previous recessions, including the Great Depression at the beginning of the 1930s. Everybody seems to think that, thanks to the government’s monetary and fiscal interventions, this recession will come nowhere near the 1930s slump. However, I think it might be far worse – and precisely because of the interventions.
The DD Timing indicator:
When people talk shit on DD, go short (circa 920-940). More comments = more short
When people praise DD get long. circa around here – 850
How many of you IDIOTS were long above 920? Talking shit to me, and TONS to DD?
I was massively short at that level, covered too early 904! Stayed in though with new TWM, TZA, SKF, GS, (plus watch C for tell alert) Banked massiv coin!
NOW all you fuckfaces are screaming get short.
HAH!
Fact is we may go lower, but since you guys are all gung ho we go higher. Funny how that works.
Artist: I agree, except for a possible layover at the new WFC headquarters
But yeah, all of the financials are 1st car…
… maybe stocks are boring.
~Danny
Exactly
That was quit a closing rally no?
OOPS, no lows
I was short all day and covered near the lows, fuckface!
Goldie – def not complaining bout it, it makes my job easier!
I propose an IBC house band: THE FUCKERY.
Danny is a master of psychology.
Dead cat has to land before it can bounce.
From Brad Setser: http://blogs.cfr.org/setser/files/2009/01/korea-and-taiwan-11.png
More charts and his commentary here: http://blogs.cfr.org/setser/2009/01/11/this-really-doesnt-look-good/
“Closing at day lows, the bounce is done.”
Once again…DEVILDOG is dead wrong. Write it down.
would THE FUCKERY be a 3 man band or a quartet?
I bought 1000 BGU at the close for the hell of it.
You call that an EOD rally?
I call it shorts taking monster profits.
down 125, low of day?
So Danny made a few hundred …. meh
Weak bears out stupid bulls in. Tomorrow will be the same thing except we will close at day lows. Mr Market I hope you’re one of the stupid bulls. I’m holding for a 6 on the S&P so I don’t care how much the PPT buys at daily inflection points on the way DOWN. I’m just watching my accounts go greener and greener. In the end my NEW LOWS will happen and I will bank BIG COIN. I will WIN the WAR.
Come on guys……
http://www.youtube.com/watch?v=Yop62wQH498&feature=related
.
Damn what a good day for T MOE.
SRS, short GS, short XOM, short COF, Short SPY
This is for GS and all the rest of you bulltards:
http://www.youtube.com/watch?v=1ID0lqRTBWc
Mr Market, I missed your calls recently. When did you last step up and make one? You didn’t. So what do you know…NOTHING. Fuck off chicken shit.
More blood this week. Even though we did not close at the lows things looked really weak today. Total Absence of buyers.
Market didnt close at the lows, it bounced from lows
mdawsz, perfect example of a WEAK bear. I hope you get left behind on the plunge DOWN tomorrow. I hate weaklings.
The Fuckery would be a five piece, in the style of The Black Crows if you ask me:
http://www.youtube.com/watch?v=C7gIRovO0pQ
Freddy, keep buying and losing with mr market. BTW, I was right today. When do guys like you and mr market actually make a call? All you cowards do is comment after the fact. I’m not impressed or inspired by your lack of courage.
Would MOOBMOOBER be the double-inverse BOOMER?
The chickenshits have frozen trading in AA…….
DevilDog;
Look at the mirror, Mr I BEEN WRONG FOR 7 WEEKS STRAIGHT , SO I KEEP MOVING THE DATE FORWARD SO I CAN BE RIGHT
For those of us here who have been successfully using the DevilHog indicator…he’s back…place your bets…
Freddy,
Devildog has stated he is in for the big collapse, and has been short since mid-september. I know he talks his book everyday but don’t we all?
The Fuckery would be a massive marching band capable of crushing all parades on Wall Street and Pennsylvania Avenue.
It would be led by the greatest parts of the greater than the sum of their parts bands like Zep, ACDC, PJ, Band of Horses, My Morning Jacket, Tenacious D and, yes, I will take the B Crowes plus early (very early REM).
They will rock and destroy like Iggy.
DD,
How many times i have to say the market NEEDS to go down?? Go in the archives or maybe you got Alzheimer’s Disease…
Market needs to correct, its a cycle and the cycle is DOWN for the short term.
Goldie
I know, im a short term trader 3 days to weeks.
AA loss 1 Billion. Is that bullish????
Who will open for THE FUCKERY?
we’ll have to suggest that iBC creat 2 house bands, one opening act, one main act……
The opening band shall be:
THE JALAPENIE WEENIE TRIO
E8 – yeah, me and my 10 share buys of TWM, ya caught me.
MORON.
I believe this link explains DevilHogs theory better than his words….
http://clusterstock.alleyinsider.com/2008/11/likely-s-p-500-bottom-600-down-40-from-here
I shouldnt even argue…im down less than 1% today after being up 45% plus last week…
I guess im getting greedy…time for my Prozac
Im out
The DevilDog lifts his leg and marks his territory on bulltards.
Bulls are fire hydrants in the Dog’s world.
Brad Setser plays some mean rockabilly guitar, too.
__________
The opening act is “Asshat.” They are based out of the Bay Area.
Flaps!
My Morning Jacket!
Cards represent!
____
Opening acts should be from the Braveflaps’ Yukon-based label.
Weiner Flavor.
Or Shiverpiss.
Take your pick.
Or else the third band on the label – I before E, except after C.
long live fly