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

EGG-FACED

Classic talking shit top, on my behalf. There I was, just a few minutes ago, dancing on the graves of certain bearshitters. Then out of nowhere, a hand reached out from the grave, grabbed me by the neck, then ate my fucking brains.

What the fuck was I thinking? There is no reason to believe the market will behave responsibly. I need to start prostituting stocks, and stop marrying them. Although I like the idea of a sustained bounce, up to 1,125, the likelihood of the happening, in such an orderly manner, is not to be expected. As a matter of fact, it is now my belief that the market is set on raping everyone of their coin. It’s best to stay small, with cash of 20%+ and let the market fuck itself, instead of you.

Pardon my belligerency, but when markets behave like this, out of sequence/unpredictable, I get fucking pissed the fuck off. Naturally, now that I hate stocks and the people who trade them, we will likely moonshot the fuck up now. Even so, the point remains: don’t suck the cock of any stock, for that shit is gay, unless of course you’re a chick. However, that would be vulgar. 10,000 apologies for my rudeness.

NOTE: In case you are wondering the Euro and the Yen are fucking this market. The Euro needs to strengthen, while the Yen needs to weaken. As of now, the opposite is occurring. I fucking hate currency led markets.

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35 comments

  1. bwana

    And then?

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  2. tradingnymph

    Fly, It’s China screwing with Europe….http://www.ft.com/cms/s/0/7049ad6e-68ea-11df-910b-00144feab49a.html?ftcamp=rss……the Real issue is whether Eur/USD could take out that 1.2130ish level which is a major Fibo point everyone is watching…..

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  3. TheV.King

    Remember….”You’re in the moving business not the storage biz” V.King 1:05

    Hey Warlord DMG check out your shout out over on Gints site….

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  4. Subcomondante Braveflaps
    Subcomondante Braveflaps

    “No ‘and then’!”

    Sweep the leg, Fly.

    SWEEP THE LEG!!

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  5. Bullish

    Team Geithner will push the rally further tonight. Im staying long for now.

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  6. francesco

    “don’t suck the cock of any stock, for that shit is gay, unless of course you’re a chick. However, that would be vulgar”

    makes a lot of sense , no need for apologies ..

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  7. DesertIrish

    Watch out for the “fly-swatter”

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  8. rocketman11

    “10,000 apologies for my rudeness” – amazing.

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  9. No One

    You are just a scared bear sitter (sic) yourself.

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  10. Mr. Cain Thaler
    Mr. Cain Thaler

    Nope HEAD FAKE!

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  11. The_Real_Hmmm

    I bet Jake is expecting the bearshitter’s precious meddles to appreciate in lieu of these apologies that are being egregiously handed out and diluted. An apology is now worth like 1M of what it used to be.

    I’m starting to like the prospects of CAGC with Chinese CPI at like +24% for food/veggies.

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  12. kouchuu

    Note oil didn’t follow this dip.

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  13. qqots

    Wow! What an essay from The Fly. Politeness (he said Pardon), even apologetic (he actually used the word), coupled with a universal Trader’s Truth. It should be required reading, no, it should be carved on slabs of wood, painted to look like marble and sold for many Dollars… or Euros… or Yen …

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  14. TA

    The market is trying to carve a bottom and in the process fucking as many around as possible.
    Don’t second guess yourself, give it time to heal for the next few days…we’ll know soon enough if it holds

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    • tradingnymph

      `TA last Thursday night about 11pm I sat and pondered the market for this week….all I could see was one heck of a Battle Royal….which only choppy choppy until I can see how the world reacts to GDP tomorrow. What are you focusing in on the forming a bottom cuz I don’t see it so much?

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  15. Thy Name is Gary Klumpbaum, Thy brain is small
    Thy Name is Gary Klumpbaum, Thy brain is small

    Bought in yesterday on an oversold premise. Felt brilliant.

    Added some on the first early morning pullback. Felt like a genius.

    Sold everything. Feel like I was molested by an aids infested priest in front of friends and family while they threw peanut butter and wonder bread sandwiches at me.

    This market is for the birds & I am not a bird.

    I am however a beautiful butterfly.

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  16. jimmie

    holy dope on a slope batman

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  17. MarshalN

    I see margin calls.

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    • M Night Shamalamadingdong
      M Night Shamalamadingdong

      I smell dead people.

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      • francesco

        euroland pleases to be fucked slow and low
        they aren’t even able to speak on this mess …

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  18. wilmer

    This POS market can’t sustain any follow-through rallies.

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    • MarshalN

      Which means more margin calls on the horizon. This morning just sucked in a whole bunch of people.

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  19. Lillian

    Apology accepted. I like you Fly.

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  20. Yogi & Boo Boo
    Yogi & Boo Boo

    Broken robot FX Trading. Sux Royalye [sic].

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  21. The Spider

    So much for the PPT. Perhaps it needs some work. Or it doesn’t work in volatile markets. or something like that.

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    • The Fly

      go fuck a dog. we are still up 250 from yesterday’s low.

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      • The Spider

        Stop living in the past buzzy boy. so what’s the PPT prediction for tomm? another up rally? More TYH?

        I dont need apologies. i need $. If fucking ur dog would give me $, I would do that too.

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        • jt

          got a brain use it instead of pissing on ppt ?; sorry for stating the obvious but you trade you deal in probabilities not certainties

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  22. texasradio

    If you get bored with the Hugh Hendry dance, try the Zimmerman.

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  23. MarshalN

    This is great, bears and bulls both lose.

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  24. Name

    The EURO was always a piece of shit, I want my GERMAN MARK back!!!!!!!!!!!!!!!!

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  25. Purdy

    Weak, but not disorderly today. It has come exactly half way back from today’s high to yesterday’s low. If this area is supported, all is not lost. Maybe governments will do something Euro-supportive overnight (e.g., shut up).

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    • francesco

      like trowing in another buzzillion euro dollars ? just to make it more and more valuable ? till you can use euro dollars for tapestry ?

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