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
23,441 Blog Posts

Godly Advice

Go to your local street corner and do 100 chin ups on your traffic light pole. Or, if that doesn’t float your Cadillac, do some vertical push ups off a fire hydrant or upside down squats off monkey bars. An important man of business, such as yourself, must stay in shape and release stress. Nothing says “stress relief” like a little urban workout regiment. Plus anyway, what are you gonna do, stare at the box all day, waiting for the market to do something nice? This shit is pure evil, spawned by dastardly Goldman tradebots. I have no interest in playing this game. I am 40% cash, 23% VXX and the rest long. Do the math.

I don’t give a shit.

Most of you are making large directional bets, which inadvertently lead to acute medical conditions, due to stress. Do yourself a favor and do some one arm push ups off a park railing. This market will not make you happy, just like most marriages.

As for you piker brokers out there: quit spinning your wheels. Get on the phone and make a friend.

As for me, I will partake in a little “r and r”, poolside, in order to get ready for the weekend. As you could readily understand, my life is very stressful. I mustn’t work too hard, else I might get sore fingers or my eyes might burn a little from looking at the screen. But I am sure you, big man on campus, have it all figured out. You’re over there buying puts or calls right now, hoping to hit stock market lotto, AND MORE. If you haven’t figured it out by now, the market is in “meat grinder” mode, where everyone loses. Sure, you can get lucky and fuck a pig in style. But at the end of the day, you’re still fucking a pig.

Words of wisdom.

More on this later.

This guy knows what’s up.
[youtube:http://www.youtube.com/watch?v=UF1F4E_mfs4&feature=related 616 500] If you enjoy the content at iBankCoin, please follow us on Twitter

40 comments

  1. TheV.King

    To The Max…

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • TheV.King

      Ha Mr. Bukake…fucking loser…Not like Cain Thaler who has to cheat to win…Thanks ADMIN for the heads up…

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  2. Kreizi

    We need 3x gay ETF. It will bring a fortune in this market.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • TheV.King

      I know…now go get me some green t and get back on the phone cold caller….

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  3. xxxHuggieBearxxx
    xxxHuggieBearxxx

    Market going lower….

    Yes, meat grinder now….but one bad news item from a 5% plummet.

    Do you think we are one good news item away from a 5% lift?

    Naaaa….not unless we add +300k jobs when that day rolls around. (ill be flat that day)

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. Caffeinated

    Can’t stop laughing

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. 24 hour ghetto workout
    24 hour ghetto workout

    Holla!

    http://www.youtube.com/watch?v=kDCxH88-9X8

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. Tradermark

    Boring friday afternoon humor. Jim Rogers calls CNBC a PR agency. On CNBC.

    Host giggles.

    http://www.fundmymutualfund.com/2010/07/video-jim-rogers-call-cnbc-public.html

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • The Fly

      Saw that. Loved that clip. Very true.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
      • drummerboy

        he said it best in the end of the tape,” this is not an easy business to make money in”. i’ve been watching old bow tie for several yrs now. when he opened that segment, he had a shit eattin grin on his face,usually old pops is the serious type. or maybe he was just diggin the chinese host a little too much. or nicole lapins’ mole.

        • 0
        • 0
        • 0 Deem this to be "Fake News"
  7. Dirk Diggler

    That shit is BANANAS!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. Trading_Nymph

    Going outside to the pool is stress cuz I have to skim out leaves….this is always fun for me…chop chop.1097 dance. BTW, I was sooo lazy last night and didn’t do my weekly article, it’s ecb, boe and Nfp next week…so ground hog day…we know the drill.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  9. alphadawgg

    Godly advice?…..say prayers and read a Bible lest utter ruin overtake thee like a lion after prey.

    Then eat a sandwich and do wind sprints ’til you puke. Then take a nap.

    Great stress reliever.

    If it makes sense later today, I am off to shoot cannon balls into my neighbors cow pasture, because the market is gay and nonsensical, of course.

    Make sense?

    Have a great weekend, all.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • alphadawgg

      Footnote: since the market has been consolidating all week, if we don’t get an evil robot sell off the last half hour today, I’d look for good things to happen next week, or more sideways action.

      Take your pick.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  10. Sam

    Stop hedging, get your ass up and start trading like a man.

    Sincerely,
    Your broker

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  11. arch

    bought a nibble fas 22.37 since you insist..i do have some vxx left

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  12. mancini

    Wow. What a coincidence. I covered my SPY short at 109.08 pre market, sold my UNP for a small loss, closed my short UNP calls for a small gain. Sitting mostly cash and IBM. Then I build myself a pull up bar under my deck…..after I watched a video similar to the one you posted… I come back and read this….Great mind fly.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  13. arch

    im gonena get fuckn japped here right on this platform

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  14. The Fly

    You’re all idiots

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  15. dumas

    Fly… you look marvelous. Incredible. Cirque type moves.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  16. Kreizi

    As VIX is calculated from both puts and calls, then why on earth does VXX only move when S&P goes down? New math?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • schneidehouse

      I’ve been wondering the same thing for a while now … you’d think it would rise on change, and fall on stability. Up and down 150 pts a day doesn’t seem very stable to me.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  17. Contango

    Watch me fuck with the oil market. Good day, sir.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  18. Vegastrader

    KEEP ON EYE ON AAPL MA200 = 256.50
    It was market bottom yesterday. Just hit it again and holding again for now

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  19. xochi

    Fly, I would like to thank you for introducing me to Deadmau5, the other week. I like your taste in music! Have a great weekend…

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  20. SteveTheNeighbor
    SteveTheNeighbor

    Neighbor Fly. I know you told everyone about hanging out by the pool but I don’t think using Fly,Jr’s Wham O Slip and Slide qualifies. Mrs. Steve requests that you at least put on your Speedos as you are getting our poodle all excited. She does appreciate your watering her marigolds, however.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  21. drummerboy

    hey fly, was that all your unusual volume on the vxx 20 puts for 2012.is you early.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  22. Molecool

    I think this is some of the best advice you’ve ever given, Fly. Keeping in shape is essential, not just for one’s physique but also to relieve the daily stress of having to look at this turd of a market. I have been avoiding the majority of this wood chipper but just *watching* this shit stresses me out. And resorting to ‘passive aggressive rants’ á la ZeroHedge is counter productive and will only lead to revenge trades. So I just present the evidence and tell people to suck it in and wait.

    My momo indicators started to suggest a ‘summer of pain’ scenario a few weeks ago – and that’s exactly what we got. Now it’s just a matter of ignoring all the in between drama and to sit things out until it’s so tilted to one side that there’s no escape but down.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  23. Dubz

    This update is one for the record books, time to do some loose sewer grate deadlifts.

    Flick of the cap,

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  24. bigdonk

    I prefer to do a big line of coke and wash it down with copious amounts of beer. That’s just me.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  25. francesco

    what it turns out today is this was just another nice accumulation day

    ..

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  26. arch

    im sorry sam thought you said start a war

    • 0
    • 0
    • 0 Deem this to be "Fake News"