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
23,445 Blog Posts

My Cup is Brimming With Black Smoke

As I sit here, in my car parked in neutral, I sip from a cup brimming with black smoke. Looking into my cup, I see little men, running around with Chinese hats on, praising the communist regime and all of their fuckery. I drink them up.

I see old fuckers in wheel chairs, hitting young kids with hard canes, because they were laughing too loud. I drink them up.

In my cup brimming with black smoke, I see piker brokers calling their clients, suggesting purchase of lunatic stocks that are up only 200% over the past 6 trading sessions. I drink them up.

I see stupid bloggers, who pretend to be meaningful, offer financial advice to space alien magicians. I drink them up too.

See folks, “The Fly” wins all the time, even during periods of neutrality. He might take a few weeks off of his winship space shuttle. But, ultimately, he wins and does so with swagger.

More on this later.

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34 comments

  1. Cash Is King

    Poof its gone.

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  2. V.King

    10 10 10

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  3. V.King

    The PPT will be right very soon about the downturn….right?

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  4. Bow Tie Fucker

    10 point reaction almost there – get ready to buy another point or two lower. Goldman will not disappoint you. Oracle will blow estimates and bears will once again take it in the rear first thing tomorrow morning.

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  5. Hawaii Five0

    So Fly,

    With regard to TLT, are you saying it should start coming back? Reason, I ask is because I have a related position in a Profunds mut. that mimics the long bond.

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    • The Fly

      I think so. However, my position is more geared towards preservation than capital gain. It is a holding cell for my cash until I am comfortable stepping back in.

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  6. TheArtist

    you keep drinking “them” up you’ll be running for that room with that urinal and that damn shadow.

    carry on.

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  7. SlayingDragons

    Fly drinks YOUR milkshake!

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  8. Steve Place

    You’re not parked in your garage, are you?

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  9. rnb

    can smoke really get so far up yer arse that ye can still smell it?
    Time for a rant against the technicians ruining this market (or is it running)

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  10. The Sax

    I was going to load up on nothing but now that the Fly has sold, I am afeared to take a long position in that equity.

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  11. UncleLeo

    I am going to talk to my nephew Jerry and suggest a television show about nothing. I will tell him I got the idea from Fly.

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  12. Yossarian

    Would you like fries with that?

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  13. TraderCaddy

    Covering half SMH short and going to cover other half shortly.

    Bay Hill Invitational tournament $$.

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  14. The situation

    Vix now over 18.00…act accordingly.

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  15. TheArtist

    yep, robots must have blown a fuse.

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  16. YaBollox

    See the SBUX divvy. Drink it up.

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  17. sniper6

    sold DUG 12.90

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  18. The situation

    Just made an 8 day high on the VIX @ 18.42…..very interesting

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  19. Dayman

    Just went heavily short financials… Huge topping tails everywhere.

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  20. Yogi and Boo Boo
    Yogi and Boo Boo

    Oh No!

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  21. Teahouse On The Tracks
    Teahouse On The Tracks

    Sold HNR fpr 28% gain

    Sold PUDA for 60% gain

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  22. Purdy

    Buyable candle on the vix/vxx today

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  23. Juiceyfruit

    Fly, I know you know and you have heard it from the peanut gallery, but VXX +0.25% on this reversal, VIX QQV +5.0%

    Egregious vehicle. Outrageous scam. Almost impossible to win with this POS unless you can short it against real volatility.

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  24. lindsay

    “Paging Dr. Neutrality. Paging Dr. Neutrality. Please pick up line one “Pragmatic Capitalist”. Headline drama intervention needed urgently. Dr. Fly asks that you take this call for him and suggests immediate use of “buckle your seat belts. we’re going nowhere” behavior modification.

    http://pragcap.com/market-wrap-stocks-stage-dramatic-reversal

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