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
23,436 Blog Posts

Bank Panic

I feel like some sort of fucking ghoul, looking for wealth destruction in stocks. I know all of this negativity is very bad for my karma. However, I just can’t help myself.

See, when I see people fuck up their trades, in a profession that I have mastered, I get crazed in the head— obsessed with proving a point. Unlike others, for me, it’s not about the money. Hell, if I was all about the money, I’d be fucking whoring myself around—squeezing pennies out of old ladies. As a matter of fact, I don’t even accept new business anymore.

Fuck the money.

It’s about proving a point.

The point here is we (the world) are in a very precarious situation and printing money is not the answer. It solves nothing.

Take a quick scan of the big banks; they are having their faces ripped off for them—on this glorious tundra like NYC morning.

Rumors are spreading fast, regarding HBC‘s need to raise capital. I am hearing they need 30 billion dollars. That’s outrageously funny. No one is going to give them that much money.

Here are the names you need to watch:

C, BAC, HBC, DB, BCS, GS, STD, MTU, JPM
and WFC.

Dude, things are looking grim.

In other news, I really need to start eating oatmeal again. Someone had mentioned it on the blog yesterday and it reminded me: hey, for the love of tits, I like oatmeal.

I’m embarrassed to say, I’ve been drinking an awful lot of Earl Grey tea these days. I don’t know what’s wrong with me. I get obsessed with things and completely get carried away. I need to stop drinking tea. It really is a queered out beverage and offers little caffeine to fuel my fucking engine.

As you know, “The Fly” does not sleep.

Hey, by the way, credit default swaps are blowing the fuck out for C again.

Happy trading, fuck face.

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140 comments

  1. gappingandyapping
    gappingandyapping

    Oh my god we are fucked! Where is the messiah?
    Tza has been deployed egregiously.

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  2. Nobama Rally

    DD might get his new lows before inauguration as the Wall St. fuckers want to panic everyone to give them all the stimulus money and forget the Joe the Plumbers.

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  3. Tony

    Wed. before OPEX is a bitch if long

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  4. EN1GMA

    FLY RULES!! what’s wrong with Earl Grey?
    btw, you don’t see a bounce today do you? just in time for Obama’s homecoming?

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  5. Ttuffeb

    Who needs trading when you can be a Buffett in reverse?

    Buy and hold to the downside.

    Until you cover.

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  6. TraderCaddy

    Point of Interest for the oil drilling haters:
    JPM reduced ratings on RIG,NOV,SII,PDE.
    Also A BP has 20oz coffee for .50 this AM. High Octane.

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  7. Needle dick the bug fucker
    Needle dick the bug fucker

    Im still holding UYG at 7.75…. Arggg

    Fly,

    Riddle me this.

    Time line, next 5 years

    So the gov sells treasuries, with that money they go and buy mortgages. Effectively driving down mortgage rates to historic lows, 4.5% on the 30 is what they’ve said they want, people refi lower, housing prices put in a bottom and stabilize.

    Inflation takes off coming close to or exceeding the Avg interest rate paid on all these mortgages the gov owns. That’s a loss in my book. With accelerating inflation the gov will be forced to raise interest rates hence mortgage rates will follow.

    How is the gov gonna sell all those mortgages when better yielding paper can be had else where. They can’t it will be a net loss and taxes WILL have to rise.

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  8. NYCLadyinRed

    -=

    F the banks and
    printers
    http://www.youtube.com/watch?v=dOPF0S7Hss4

    -=

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  9. Working Man

    I don’t know if you’re serious – but I just burned out on coffee and started drinking Earl Grey last month – I’m like a crack addict gone English on that stuff, love it.

    In other news, China will own the West Coast – now known as Cali-china.

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  10. Bravo

    FLY:

    What are you gonna do with SRS this morning? You could swear it off for good today….

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  11. Juice

    The next week or 3 of declines will yeild positive divergences beneath the indices surface, and set the stage for a ripping february to april rally.

    Don’t lose your capital in the mean time.

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  12. The Fly

    Earl Grey with heavy cream.

    Fuck the light half stuff.

    I drink like 200 cups of tea per day.

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  13. Juice

    Win big on ABK, blow it all & then some on TGT.

    Fuckery investing.

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  14. The Fly

    Figures, NOV catches a downgrade AFTER I covered all of my shorts.

    Oh well.

    I still own loads of DUG/ERY.

    Oil names are screwed, regardless where crude trades.

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  15. TraderCaddy

    I realize that the fancy Manhattan apts. (like Jerkoff’s) are pre-world war something but they look like Section 8 housing here, from the outside.

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  16. Flats

    Fly,

    Great call on staying short. I certainly think the market is oversold, but the tape is all that matters.

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  17. mike

    TraderCaddy: Thx again for info on Tradelog last week.
    Another Q: how did you resolve discrepancy between Tradelog results & 1099? Mresults be consistant line x line, or do you just amend the final total?

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  18. jig

    SRS goes to 70 today

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  19. TraderCaddy

    Mike- I manually go into it and it ends up close enough per my CPA. I have many trades and the 1099 gross proceeds are in the tens of millions. Never had a proble (knock on hard wood).

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  20. Gun Slinger

    Trish Regan is a former Miss New Hampshire?!? Isn’t that like being the smartest retard? I always thought people from NH are woodsmen lacking teeth and wearing heavy red plaid. Come to think of it, these are the people who will benefit most from Obamanomics.

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  21. TraderCaddy

    Long SMH,Homies. Spitzer in and out.

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  22. GW

    Fly:
    Tea has 3x more caffene than coffee and is great for your health fighting cancer and such…..Add some Green Tea in there son….

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  23. TheArtist

    For anyone up late like me….last night on Bloomberg they announced a “consolidation speculation” report on many tech names they believe will be merging soon in these times if anyone wants to do more HW on this…..

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  24. Hammy

    Earl grey is good, but Japanese green tea will be dirt cheap pretty soon.

    This bloodshed is merely rocket sauce for those in cash. Where is the next level of spx support?

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  25. TheArtist

    by the way…all the railroads, CSX BNI NSC UNP have just hit new lows or are pennies from it as of now…..

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  26. Goldie

    Let the Devildog depression begin!!

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  27. Lady Guenevere

    I LIVE ON THIS STUFF

    http://www.sportea.com/

    Year round, hot and cold. They have small bags for hot tea and quart size bags for ice tea.

    I love it and I go through A LOT of this stuff. Its all the stimulus I need.

    When I am ‘ out’ I drink Earl Grey, I love that stuff!

    The market is in a bad mood today but I havent bought anything new as I am off to a doctors appointment shortly. I am glad I got in and out of the stuff yesterday.

    .

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  28. buylo

    you should be able to pick up some foreclosed Dunkin Donuts on the cheap pretty soon, have all the coffee you want for free and bank coin by retro-fitting each DD with market computers, so you can go short while sitting at the counter and watching the cleavage

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  29. cybtropic

    C looks strong for now

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  30. TheArtist

    Lady, how was that wine yesterday?

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  31. mike

    TraderCaddy: Thanks again. And, good luck; it is nasty

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  32. TX Slave Trader

    You ever going to change your template to reflect your 2009 outlook Fly?

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  33. Put in a limit for some FAZ at 51.01 and it ripped thru and filled at 51.78 – WOW! Drink 7 cups of coffee per day for delusions – that’s right – check it out. Anyone own C recently? Just checking.

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  34. MOOBER

    Asshat dip buying vulture bone picker, ovah heah. BGU QLD

    Why not? Tight stops.

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  35. Lady Guenevere

    SPORTea®

    · Is Energizing

    · Is Sustaining

    · Is Nutritious

    · Is All Natural

    · Builds Endurance

    · Leads to Peak Performance at Work and Play

    · Enhances Mental Alertness

    · Fights Stress

    · Provides Basic Vitamins, Minerals and Electrolytes

    · Fights Colds

    · Builds Stamina

    · Is clean, refreshing and truly quenches thirst

    · Is a Blue Ribbon Award winning gourmet tea (Westward Magazine)

    · Has a CitrusSweet flavor that excites the taste buds

    · Has no negative attributes…No Calories, No artificial sweeteners and it is a decaf equivalent so no caffeine or sugar letdown

    · Is a unique beverage to drink throughout the day…. Everyday for best results!

    _____________________________

    Artist….I had a glass of Pinot Noir(my favorite) and spent most of the time on my cell phone handling my other business…issues. I then drove out to my parents house and took care of them till about 9. Not the relaxing hour I had planned. A cold front came in last night so will have to try another day for my relaxing escape. Im off…..

    .

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  36. BIG MIKE

    FLY…

    You DRINK TEA? OMFG…that is sooo homosexual…unlike a gangster like me who straight up snort caffeine out of the can…the Expresso kind mind you, none of that decaf bullshit.

    In all seriousness, drinking egregious amount of cold water helps out alot because it boost the metabolism.

    Also, there is another trick I’ve learned from Tony Robbins (Self-Help Guru), is inhaling for 7 seconds, holding breath for 28 seconds, then exhaling for 14 seconds…10 times, 3-7 times a day, helps out alot too. It brings oxygen into your system.

    Thats right bitch…I am motherfuckin encyclopedia.

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  37. GW

    Next level of S&P support is here 850-854….notice no acceleration to the downside when we broke the trigger……
    below that is 820-832 range…but that is death warmed over territory….

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  38. j-daddy

    Needle,
    You can’t refi if you need a reappraisal and the new comps drop your value, which they will. Cnbs always touts increases in refi applications, but they never show data on how few are getting completed. Inflation is eventually going to get here, but it will take a long time. Meanwhile, housing won’t stabilize until it’s a smoldering crater. This whole crisis is a numbers on the page problem. When the asset prices are all written down the inflationary pressures will be able to assert thenselves, not before.

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  39. Freddy Krueger

    YES….That is what the market needs..a Big Ass Dump, so it becomes attractive for a low risk entry, pulling down the indicators down …yessss

    still got more to go..

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  40. MOOBER

    Chomping cigars and hot hot coffee. Breakfast of champions.

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  41. Freddy  Krueger

    But getting there….

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  42. That oxygen stuff is BS – your body will not accept more oxygen than it needs – the football players used to breathe pure oxygen from tanks on the sidelines until someone informed the morons.

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  43. MOOBER

    Well, that was fast.

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  44. TheArtist

    THE FUCKERY will be playing a lunch gig later on if anyone wants to attend…..at The Nut Sack Cafe….

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  45. Pete

    Things must be tough out there when the Fly is selling cinder blocks…it’s gotta to be the Fly in this ad:

    http://farm3.static.flickr.com/2416/2201688044_b9a72418e2_o.jpg

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  46. sniper6

    all the tea talk…WTF, what would Coach Cawfee say if he heard this drivel?

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  47. T MOE

    May GS and XOM burn in hell. Both are supposed to be best of breed, but both are trading levels that they were back before the bottom dropped out in November. In XOM’s case in October.
    Another reatilers files for chp. 11. Who knew? Ha Ha More will follow. SRS goes to 100 before long.

    Picked up some shorts on SPY at 85.50
    We test the Lows soon IMO. May be a short stop at 800 but 700 here we come

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  48. MOOBER

    Coach Cawfee, adorned in plaid pants and Brylcream hair style, would spit in your direction and make you run suicides until you vomited your “sport tea.”

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  49. Working Man

    Tony Robbins is a downtown dandy with tendencies to step very, very lightly.

    He lives in Cali-China.

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  50. JF

    Next support on SPY@ 84.03

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  51. Gun Slinger

    Earl Grey Tea? Green Tea? Espresso? What is all things old loose pussies drink for $500.

    I start my day with 100% BSN No-Xplode. Bodybuilder grade shit complete with Nitric Oxide delivery system, N.O. Meta Fusion, Ener-Tropic Xplosion and a Muscle Voluminizing Creatine Matrix.

    It quickly gives you a raging boner and pumps you up for shorting Capitalism and writing your Chinese characters.

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  52. New Hampshire Resident
    New Hampshire Resident

    Gunslinger, you must be from San Di-gay-o or something. Fireworks and booze half price, zero sales tax, three dollar Copenhagen, and the ability to buy guns with an expired fishing license, make this the best place on earth.

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  53. j

    Great call…Fly

    and you too Dog.

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  54. DEVILDOG

    # punyandy Says:

    All the assholes are short. Tomorrow should be a solid up day.
    January 13th, 2009 at 9:22 pm

    YES, I’m an asshole, however, I’d rather be that than a dumb shit cow or sheeple that believes wall street’s bullshit.
    MOOOOOOOOOOOOOOOOOOOO!!! BAHHHHHHHHHHHHHHHHHHHHHHHHHHH!!!

    My slaughter house dream comes true and I bank HUGE COIN!!!

    Bulltards please stay long and wrong. NEW LOWS coming soon.

    BTW, don’t fuck with a MARINE when it comes to WAR. I don’t retreat and I WILL WIN the WAR. You’ve been warned for the last time.

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  55. Braveflaps

    Fuckery gig in jeopardy as drummer embraced “Attilla” and “Tim Knight” and “Fleck” and vomited so much he choked on his own anus.

    RIP

    Wanted: drummer for hard driving and revolutionary rock band.
    No fatties please.

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  56. New Hampshire Resident
    New Hampshire Resident

    I get quick energy from doing lines of gunpowder, chased with a bongload of dried moose turd.

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  57. Flux Capacitor

    Tetley British Blend is the only thing I’ve found in the States that is close to real tea.

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  58. j

    you’ve been warned for the last time.

    I take that a marine doesn’t lie either, Dog. Which means seeya later aligator? You wont return here. Yes?

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  59. TheArtist

    Are theses asswipes on CNBC going to spend ANOTHER ENTIRE FUCKING DAY wasting the airwaves over this Madoff shit…….even Bloomberg is still wasting time on it……Could these fucktards please concentrate on stocks?

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  60. Juice

    DevilDog bravado meter (DBM) ~ 8.3

    a buy is triggered at 9. Mortgage the house, go on margin long at 10.

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  61. Jakegint

    Earl Grey with heavy cream.

    Fuck the light half stuff.

    I drink like 200 cups of tea per day.

    ___

    Homo sez whaaat?

    _________

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  62. Juice

    Kudlow has fallen for the Messiah.

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  63. Jakegint

    Trish Regan is a former Miss New Hampshire?!? Isn’t that like being the smartest retard? I always thought people from NH are woodsmen lacking teeth and wearing heavy red plaid.

    Blow me, I went to school in New Hampshire, save for the nine months of winter, it’s a very pleasant place. Up until recently it was the last remaining sane New England State. Then its “tipping point” was reached by the last fleeing Masshole, circa 2002 or so.

    Come to think of it, these are the people who will benefit most from Obamanomics.

    Actually, that’s one state to the (far) left, People’s Republic of Vermont.

    _______

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  64. scum bucket

    That tea was probably grown in a chinese sewer. LMAO!!

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  65. TheArtist

    Krudlow will suck the ass jucies from any asshole that is higher on the food chain than he is…..for as we know, that is the Krudlow Kreed…….

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  66. New Hamphire Resident
    New Hamphire Resident

    Vuh-mont, ayuh, them’re some bunch of sandal wearin’, Volvo-drivin’, Earl Ghey tea-drinkin’, patchouli-smellin’ sumbitches.

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  67. T MOE

    KIM and VNO taking a huge shit! Thanks for the trade on these Fly

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  68. pay attention

    Larry Kudlow is a fucking idiot!!!

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  69. Weird

    DD: You’ve been warned for the last time
    =================
    finally, DD i hope you keep your word

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  70. T MOE

    When Kudlow comes on that is my que to turn off CNBC before I throw my coffee cup through my screen. I can’t stand to listen to that fucking fag. He should stick his mustard seeds up his ass

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  71. j

    Moe

    You know he was the chief economist at Bear, right?

    He was turfed outta the job because he didn’t show at a morning client gig as he was high on coke and slept through the alarm.

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  72. Freddy Krueger

    Yes!!!Good Market Dump!!! volume more than 10 to 1….Yes!!!Thats what i like…bring the low risk entry…I got my sniper rifle and this time im bringing the artillery and the Stealth bombers…waiting for my turn from high ground…

    Market getting there…

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  73. DEVILDOG

    j, a final warning does not mean I’m leaving. I’ll be here to go against you until we hit S&P 150.

    Juice, keep buying the dip…THANKS!

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  74. T MOE

    j-

    How funny! He looks like an alcoholic, coke head.

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  75. DEVILDOG

    Freddy, thanks to you for buying the dips too. Tomorrow will be another BIG DOWN day so please buy today.

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  76. kidstock

    Pussified selling down here. I call bullshit.

    Buy ’em.

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  77. Tony

    asshole dip buying time…They’re gonna get fucked good after lunch

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  78. DEVILDOG

    Wierd, sorry you are a long cow or sheeple. Actually I’m not sorry. Hope you’re losing your ass.

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  79. dan from kaChing

    WTF, CNBC gettin some racy content on their website these days…

    http://www.cnbc.com/id/28654770

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  80. Jakegint

    How funny! He looks like an alcoholic, coke head.

    He was, both.

    He got straight, reformed his life, converted to Catholicism.

    Not the worst thing that could’ve happened. Unfortunate side effect is that it gave him a case of perma-bull-itis.

    When he was at the Bear and on coke, he was more bearish. Odd, no?

    ____________

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  81. DEVILDOG

    Tony, yes they will get fucked, however, the big fuck is tomorrow morning. Wanna guess what new unemployment claims will be before the open tomorrow after the way low fake reports they put out the prior two weeks? Gonna be a super fuck you bulls you’re DEAD.

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  82. j-daddy

    I’m hugely short too, but I just can’t resist the urge to say…
    DevilDog fucks a sheep. BAAHHHHHHHHHHHHH!!!!!

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  83. j

    Here, Dog…

    I’m buying citi here and I bought some dollar against yen.

    Wish me luck…?

    Dude, I was kidding about you not coming back. I’m one of the few that love ya.

    However it’s very bad form to tell a trader that you hope he loses money. You can think that of course, but don’t go around saying it every time someone hurts your feelings. Get to know the etiquette, Mr. Marine.

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  84. TheArtist

    1) the market is in it’s lunch time stall mode…..
    2) what is everyone having for lunch?
    3) Krudlow is asshole irritating!
    4) Devildog, don’t you eat that yellow snow
    5) Lady Guenevere, Do you “got green eyes”?
    6) Dennis Kneale is still a burning ass rash…..

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  85. j

    When he was at the Bear and on coke, he was more bearish. Odd, no?

    Which means he ought to be doing more lines to straighten himself up? hahahaha

    You know , Jake all he’s doing is selling a good feeling story. People don’t wanna come home turn on cable and listen to some baking, rabid lunatic like Devil dog telling you that you’re losing all this money in your 401k after you hear there were going to be job cuts at the office that afternoon. That sorta thing doesn’t sell. good news does even if its wrong.

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  86. Thunderpup

    The black tea in Earl Grey is proven to clear the mind, and my ring finger is long.

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  87. Juice

    DevilsDog .. you best cover before the Feb-Apr rip roaring Messiah saves the world rally … of course, from what level it begins has yet to be determined

    developing ….

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  88. Jakegint

    j-

    That may be true, but I really think Kudlow has changed his attitude, if not 180 degrees, then at least 140 or so.

    It may have been the blow, but he used to be a big time nasty asshole. Who knows, maybe he still is, but its hard to fake that kind of all the time optimism.

    His faith may have saved him, but it may also ironically have killed him as an objective analyst.

    _____________

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  89. j

    yea I heard he was a dick. The other thing I heard is that he doesn’t have an economics degree, yet he’s always talking about that subject.

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  90. sniper6

    Fire mission, coordinates KOL, range $13.65, 200 rounds, commence fire!

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  91. CNBC Sucks

    Just got back from running an errand. Has Madoff-TV reported whether Bernie found any corn in this morning’s deucage?

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  92. j

    There’s a decent dollar yen trade here to go long.

    You need to figure out where the Bank of Japan will begin intervention as when they do it can usually go up 3-5 big figures.

    The call is to figure out where they’ll come in.

    I reckon they would be in from 100 point away which is 88 and around the same level they quietly swooped in a few months ago. That would have the effect of sending it back to 93 or 94.

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  93. Jakegint

    Sniper — are you shorting KOL? Looking for that gap fill to 12.36?

    Or are you going long? You are going to need to be more generic with your trading terms…

    _______

    J — his bio says he has a degree in history, but then went on for some graduate work (though no degree) at Princeton in econ and history. Then he worked for the Fed.

    ________

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  94. TheArtist

    Krudlow is optimistic because he is way over paid and he lives in a place where reality is too far away for him to see it……Dennis Kneale lives right beside him…

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  95. DEVILDOG

    Juice, for once I absolutely agree with you. My NEW LOWS target will be hit in mid-Feb and I will be covering there and going long for the “messiah’s we are saved bullshit rally”. When that tops out I’ll be going 300% SHORT and HOLDING again for NEW LOWS. My ultimate LOW is still S&P 150.

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  96. sniper6

    JG- long. Goin’ up.

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  97. j

    some one will end up taking a shot at madoff. If I was him I wouldn’t be taking any walks around the park.

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  98. j

    Oh ok, thanks Jake.

    ————-
    Devil Dog… 300% leverage… Dude, don’t under do it. Get big or get out son.

    You need to run 12: 1 leverage like the banks do which the Fed thinks is conservative.

    You’re under leveraging, Dog.

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  99. viz

    fuck,,,that michele cabrera has nice titties..face could use some work

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  100. DEVILDOG

    # TheArtist Says:

    Krudlow is optimistic because he is way over paid and he lives in a place where reality is too far away for him to see it……Dennis Kneale lives right beside him…
    January 14th, 2009 at 11:55 am

    ABSOLUTELY CORRECT. That is the problem with ALL the assholes at cnbc. Wait until they start losing their “jobs”. They will then have a more appropriate perspective on the real economy and the real world. I also expect that the first “garbage worker’s strike” and other city worker problems in the shit hole that is nyc will help straighten them out.

    Gotta go get my teeth cleaned now. Have a very bad day cows. MOOOOOOOOOOOOOOOOOOOOOOOOOOO!!!

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  101. TheArtist

    There will be some stocks soon that will go to .01….following in the footsteps of Wachovia and Washington Mutual (which Karen Finerman bought long 4 days before it was disolved….I would love to know how many millions she lost in 4 days on that) but Devildog’s task is to find the next Nortels of the market world….I’m tasking you with this devil so get crackin’ on it…….

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  102. scum bucket

    DD is correct, S&P will ultimately bottom @ +- 150.

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  103. Juice

    DDog … in my guestimation, the rally will begin earlier than mid Feb .. I’m thinking late Jan – early Feb

    and I agree with the rest of your market prophecy … although no way SPX 150 … no way short of an asteroid striking the planet or an all out nukular war… SPX 500 +/- 100

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  104. TraderCaddy

    Still hangn’ w/ SMH long. Out of my homie ITB etf for 1.5% loss. Pricks.
    May add to SMH.
    Like NASDAQ at 1500.

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  105. j

    Gotta go get my teeth cleaned now.

    Dog do you get fresh bones from the butchers or use those stale discolored ones in packs?

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  106. Gio

    Well done Fly. Masterfully executed. I knew you were right all along…

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  107. Jakegint

    In another irony, DOG has broken out above it’s recent downtrend line.

    _____________

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  108. JAF Observer

    The DEVILDOG ball-lickers seem to be out in force today…a reversal is likely imminent.

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  109. blow up

    Funny: MVIS is up today. Anybody know why? Buyout?

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  110. MV TitBits

    Fil Zucchi

    12:10:00 PM

    Meanwhile, my rumor mill just informed me that a $2 bln office sale in NY City got repriced to $1.2 bln.

    Fil Zucchi

    11:35:00 AM

    Position in SRS

    Commercial Real Estate tidbits

    Thanks to uber-Minyan JD for these headlines from CB Richard Ellis (CBG):

    * CB RICHARD ELLIS ISSUES 4TH QTR MANHATTAN OFFICE REPORT: CBG US
    * ‘RAPID INCREASE IN SUBLEASE SPACE’ IS CUTTING PRICES: CBRE
    * RENTS FELL 2 PERCENT TO $67.20 A SQUARE FOOT, CBRE SAYS: CBG US
    * MANHATTAN OFFICE VACANCIES ROSE TO 7.6 PERCENT IN 4TH QTR
    * MANHATTAN OFFICE VACANCIES ROSE TO HIGHEST SINCE 2004 IN 4Q

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  111. TheArtist

    C has already surpassed volume of it’s total volume of all day yesterday, and we are halfway….. if it keeps up C will do 1/2 billion trades today…..it has broken of course under 5.00 so some hedge funds are having to dump….next stop 3.00?

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  112. Gun Slinger

    Dear NH Resident,

    Believe it or not, I too am from NH. I went to Manchester High School West and played many a baseball game in Gill Stadium for Jutras Post.

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  113. Henry Kissenger

    I’ve got some “The New World Order is here deal with it” bumper stickers,who wants one?

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  114. TraderCaddy

    Jerkoff cam on CNBC is annoying. I would rather watch the famous shrimp on a treadmill video.

    http://www.youtube.com/watch?v=cMO8Pyi3UpY

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  115. TheArtist

    I’m waiting for the iBankCoin bumber stickers that read; “I am easily satisfied with the very best.”

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  116. Braveflaps

    Madoff already stole “Morality has nothing to do with a man such as I.” He’s printing t-shirts and signing them.

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  117. Freddy Krueger

    This move down is 90% over…a little more to go…

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  118. TheArtist

    I bet The Fly is “furiating” (if I may make up a word) over the asinine Fuckery CNBC has become…..

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  119. beatstreet

    I don’t see COF listed in your financials to short. Wonderin’ why.

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  120. DEVILDOG

    We will probably get a .382 bounce of today’s move going into the close I hope. Perfect setup for tomorrow. I’m calling for 700K new unemployment claims and a gap down open tomorrow at today’s lows. Want to bet against me go ahead.

    j, as far as your comment about trader etiquette, FUCK that! Trading is a zero sum game. I don’t make money unless someone losses. I wish death and destruction to those SSF cows and sheeples that bet against me. This is a WAR. I support my family by my trading. I do not wish those well that try to take my money with bullshit rallies with the WORST DEPRESSION and BEST socioeconomic REVOLUTION in our history ahead of us. Besides, I hate stupid sheeples that still believe the crooks on wall street and our corrupt government and central bankers. Those stupid sheeples are the reason those crooks get away with their corruption to date. If you’re part of the problem, as far as I’m concerned, you deserve to live on the streets and eat garbage. I’m not here to make friends and I don’t take prisoners.

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  121. Ass Napkin Mike

    TradderCaddy
    Leave me an email address that I can contact you at. My brother in law works at SI and they are just starting to brain storm the college edition. –Mike

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  122. jig

    what makes you say that Freddy?

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  123. cybtropic

    I got all the CNBC/Madoff coverage recorded if anyone missed it. Madoff’s driver should just drive that stupid truck in circles until that chopper runs outa fuel.

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  124. CAP

    AMEN DevilDog ! DD for President ! Once the revolution starts I volunteer for duty as the guillotine operator. I’m going to enjoy chopping some heads off.

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  125. DMG

    shitz and gurgles

    Bought BAC @ $10.15 ’bout an hour ago

    and SLW @ $5.18 ’bout 2 hours ago

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  126. DEVILDOG

    Juice, you may be right, as my new low call by the 19th is still possible. Actually, should be the 16th with MLK day on the 19th and the market closed. I see many huge bearish flags in all sectors that have built over the last 60 days. The break could be tomorrow with my unemployment claims call. In addition, I believe the PUTs are going to WIN opx on Friday. Fine with me!

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  127. Jakegint

    Rumor has it, the name will be “Tea Drinkin’ Man!”

    __________

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  128. Ozark Hillbilly

    Try some Morning Thunder tea from Celestial Seasonings if you want some tea with a kick. It will get you going.

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  129. Thunderpup

    Noone knows where the legend of DevilDog started, perhaps during the seige of Stalingrad. Noone knows what side he was on, perhaps both sides. He was in the smoke of burning flesh that you sucked in your lungs as you ran for your life amongst the rotting corpses, through burning buildings, avoiding snipers. He was in the primal screams of men, and yes women, as they butchered each other like animals. He was in your innermost terror as you realized – noone gets out alive.

    Yes, he will be in the terror-filled faces of your neighbors as they scrounge for food as the S&P hits 150, and everyone realizes that nobody gets out alive of this zero-sum game, except him. When you take your last dying breath, hungry, freezing…you’ll realize that somewhere in a bunker in Montana crouches DevilDog, with his crosshair pointed at your skull.

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  130. mrkcbill

    Tea, Karma, Fly good to see you get in touch with your feelings!!!

    Do you throw used Tea Bags on Steve’s lawn?

    DevilDog your all worked up… good stuff.

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  131. TheArtist

    “Celestial Seasonings” is a Seminole Indian phrase for “gay juice”

    “Twinings” is a Crow Indian word that means in english “liquid steel”

    I drink Twinings…….

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  132. Jafo

    Sorry J, …you licked DEVILDOG’S balls and what did you get? The fucker snapped at you. Lesson learned: Don’t lick DEVILDOG’S balls anymore…he licks his own balls. DEVILDOG is also a complete fucktard. And for the rest of you DEVILDOG supporters…you know who you are, go fuck yourselves…DD hates you all.

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  133. Controller

    Thunderpup,
    Good stuff! What a visual.

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  134. Pete

    I am starting to think these banks are reporting a week early to get the nasty business out of the way and ready for the Obama rally next week. If thats the case, the remainder of this week is going to be plenty bloody…and next week should include a nice bump up, however temporary.

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  135. TraderCaddy

    Ass Napkin Mike- I’ll send my e-mail address to Fly after 4PM today and ask that he forward it on to you (I think he has it already).
    Is this okay Fly?

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  136. Ass Napkin Mike

    SOunds good. I think you will be intrested.

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  137. Fred Flintstone

    DevilDog told all so many times about new lows before the middle of Dec, then new lows before Dec 31 and then new lows first week of Jan – and yet, somehow, those new lows just don’t seem to be here even today but he’s still here patting himself on the back after disappearing for a few weeks. Funny how he’s never here to post when he’s 100 percent wrong.

    Lame ass DISHONEST MF.

    Fly, nice call – hope you’re so short you can’t see your own dick.

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  138. mrkcbill

    Vix up 15% Hello

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  139. InternationalGroupie
    InternationalGroupie

    If i remember correctly, large institutional options trader who already held HBC puts for jan extended up to march. *i remember the lot being huge. got the info from the interactivebrokers’s options record.

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  140. JF

    Does anyone really know who these fucktards are that pump the market up at the end of everyday?
    They have a lot of money to waste.

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