You have no idea how disturbed “The Fly” is right now. He gets like this whenever the market disobeys his wishes. As we speak, he is shadow boxing, with a full beard on his fucking face (where else would it be?). He looks at stocks and their respective stock prices, scrolling on his teevee, and laughs at them profusely, while throwing popcorn at them exclaiming: “stop it, you’re killing me.”
FFIV over $100. NFLX over $140. AKAM over $50. It’s too much.
As it stands now, “The Fly” will never invest again, unless we sell off. You might as well get accustomed to the sage advice offered by the other bloggers on iBC, ’cause Fly has no interest in ever buying stocks again, unless of course we sell off.
It’s not a game anymore. Never has, never will be. I do expect the market to trade 200-500 points higher today, on the back of worse than expected Philly Fed numbers. Whatever the market is supposed to do, the opposite will occur. Should we find out the economy produced 1,000,000 new jobs next month, the market will crash on that news. Anything to fuck with the sane.
Pardon me, kind sir of the internets, I do not mean to castigate you as being crazy. But you must see yourself from my vantage point. See, your perception of yourself is normal, tax paying citizen, God fearing, avid buyer of American stocks. I view you as a dog licking peanut butter off a rusty fire hydrant.
I got my knife on my side and beard on my face. Go ahead, fuck with me. I dare you.
UPDATE: I sold out of long term holding, iBN, for a 40%+ gain. Cash position is now 55%.
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i love you.
You’re scaring me man. Should I sell all my shit here?
Don’t be silly. We’re going up forever.
Back to shadow boxing.
were all gonna be rich!!
Dow will be down 350 between today and tom. count on it
The fly is like jeremiah johnson, about to scalp the market that is trying to scalp him!
Lets not forget Fed fuckin Ex missed, guided lower, and announced job cuts.
But, thats not indicative of anything….
oh yeah, the housing market has resumed its collapse. lets not forget that.
the collapse is just beginning
fo shizzle!
Housing has bottomed in all markets and is headed higher from here. With mortgage rates at all-time lows, home affordability has never been better. Those calling for another drop in housing prices are backward looking at the numbers.
The economy is slowly improving and personal debt is on the decline. Foreclosures are still occurring as banks look to clean up their balance sheets. Next year as foreclosures decline and interest rates start to edge back up, it will be obvious that housing has already bottomed and prices will steadily rise.
Feel free to buy houses now knowing they will never get any cheaper. Indeed, happy days are right around the corner. We have a “strong buy” rating on the housing market across all markets and all price ranges.
figured you guys would,you were all the ones showing the houses of the foreclosed knowing full well that all the #’s were bullshit,and went so far as to help them bullshit the banks,just for your fucking commissions. assholes, hope you havent sold a house in a yr. you fucking real estates agents and brokers all should be executed.when these assholes,who want to sell there homes because they are in their mid 50’s,who now, all the sudden,want to go to Fla. with their stupid high price on a median house cant sell,because another foreclosure for half the priced sold half a block away,these are existing homes in a major metro area……..the bottom is not in on housing yet my friend you are delusional……….i own a handyman biz,and there is an anomaly happening right now, and the ones that dont want to wait are buying foreclosures now. and the ones that are waiting,only want to buy foreclosures and the idiots who are throwing the monkey wrench into the mix are the ones that want to sell just for the sake of selling,as they think they are informed on the local r.e market,they cant figure out why, 1,there house hasnt been shown in months,or 2, the price is totally unrealistic.nhba president……fucking please
The return key can be used with great results periodically.
My realtor told me the housing recovery is on track and it’s a great time to buy.
I’m short right now, but one bright spot on housing is that on a YOY basis 1st-notice defaults are down 30%
Your realtor gave you great advice. All certified realtors are highly trained professionals who have the necessary expertise to assist their customers. It is indeed a great time to buy or sell real estate.
I’m hoping this was a witty, ironic post. If not, the illuminati/realtor branch has infiltrated iBC.
http://agentgenius.com/g-rants-insanity-more/nar/dear-madame-president-an-open-letter-to-vicki-cox-golder/
Your realtor will fuck you in the ass if there was a commission in it.
Our organization does not discriminate based on sexual orientation. Our members are highly trained to serve the needs of their customers. If a transaction is negotiated between two parties, we feel a professional fee for services rendered is reasonable.
good vicki,cause i dont discriminate either. so please, bend over and grab your stilleto heels honey, cause Daddy wants to stick his big Armenian dick in your ass…….. i promise, i wont cum in ya………….NOT.
I stand corrected.
Your organization does not discriminate based on sexual orientation.
A Realtor will fuck anyone (regardless of sexual orientation) in the ass if there was a commission in it.
While the organization does not necessarily recommend that specific procedure, one should expect to pay a professional service fee once a transaction of services is agreed upon and executed.
only if its service with a smile,cause the fake grunts and shit,dont work.
roflmao.
Great thread, above. Kudos to all who participated.
____
fucking spam. tell your real estate agent to go sell a house in the red light district in zimbabwe.and i told the hooker i wont cum in her mouth
Great post, sire!
The “pump monkeys” on TeeVee are trying their best to only talk about the 3 positive bits of news and not mention the 300 negative…… lets see, mention these 3, over and over and over and over and over and over and over and over and over and over all day you you get 300? market goes up…. there you have it,
FIRST!!!!!!!!!!!
Bitches!
at what?
He was FIRST!!!!! in his head, which is all the counts here.
good shit.
I love this side of mr Le Fly… I am once again a fan of the banter after losing interest some time ago
This is not the side of Le Fly that you want to see at your dinner table.
In other news, motherfuckers is broke these days.
Good Shit, now make another batch of popcorn and watch the robots crush the market
I am actually rooting for it to trade up, so that I never have to buy stocks again. I like closure.
I would love for the market to finally hit 25,000 so I can retire and move to Manhattan Beach CA. Maybe by years end?
Would the PPT be beneficial for a novice trader currently doing ~10 trades a year with ~$15-20k of capital? Or, do you need to be trading fairly actively and have a big bank?
Thanks,
The PPT ignores your question.
Thank you.
yes.
sign up for a month. if you don’t benefit; quit.
Don’t encourage him.
NO. Don’t sign up. It’s a fucking drag in there.
wait a sec… that’s you fly, writing as spratleys… right?
You just need a good old Flash Crash to perk you up a bit. 🙂
The last time we flash crashed I was under general anesthetic. Perhaps I should donate one of my kidneys to some stranger. I bet we’d crash nice and hard then.
dude,your not goin there. fuckin damn it. we like closure to. what goes up, must come down, it has been written…..
Space alien magicians shouldn’t get this flustered.
Why do you hate chinese solar burritos filled with jet fuel sauce so much?
Whoever said the Fly has his best commentary when the market is against him… they were RIGHT!
Fucking funniest posts I’ve ever read have been in the last 24hrs.
Maybe if you shave the beard and put your fanciest top hat on things will go your way – just a thought. Remember what you’ve taught us here – you gotta look good to do good
This is not commentary. This is real life.
Don’t be surprised if I hi-jacked the Fast Money show and took everyone hostage.
(just kidding, no need to call the police)
The ‘Fast Money’ show has to lead the league in bad calls.
we used to call it,”fast way to lose money”, back in the day when ratigan was doin it.
Your post is the most complimentary post I’ve ever read
in the last 30 seconds.
You are welcome. It’s what I do.
That sarcastic “complement” was for Bullish in response to his left-handed compiment for you.
“”What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower.””
[W. O’Neil”
maybe if we were able to buy the “iBC DOW 9000” hat?
This market is trading like Pink Floyd’s Us and Them.
Le Fly is indeud disturbed. The sudden barrage of posts is entertaining though.
Fly. Are you still holding SQM?
Thoughts on a BO of 2003’s 51.00 high?
Hats off on your write up many months ago, this is my stock of the year so far.
LOL. Do not antagonize le Monsieur please.
One must be licensed for that.
______
Fly says, “full beard……..(where else would it be?)”. Well, Saint Fly, since today is my 78th birthday,no shit, I defile all temerity and point out to you beloved frequent references to “bearded clam”, “bearded taco” and the like as much more appealing locations for the full beard look.
You must not have read the iBC handbook. Rule # 1 is the 47.5 age limit.
Happy Birthday though…
Ahhhh….your age is given away by the simple fact that you appreciate a fully bearded clam and taco. The boys prefer clean shaven Brazilian style.
Some prefer the full garden. The shaving of which can be entertaining.
ffiv is insane!!!
Fly- Pull yourself together MAN! Take a shower, shave, throw the suit on and get back in the game!! Fuck the the irrationality of these markets, SPAM the Fuck out of these Perma-Bulls on your blog, and buy more VXX…..Lets go!
I still take my regimented 3 showers per day. Got to smell good.
If it is your 78th bday. Wow, you are old. Lol
the market will do what will hurt the most. doesn’t care about anything else IMO. now that retail is gone it’s the pros fighting one another … getting ugly.
we close higher and at the highs tomorrow. monday will be flat to up.
It’s a Costanza market in a bizzaro world. As long as you’re in this mood, why not go 3X nukular (sic)?
Is there a AAA discount at the iBC Lodge and is there a golf course and or tennis courts on the property?
And have the bed bugs been eradicated?
What a fucktarded market!
At least I have the Fly’s posts and the comment section to maintain my sanity.
take it easy… i finally took some serious profits on my longs…
we will crash and burn after september 18….
PS. Still think buying 3x etf is retarded long or short….
and VXX… holding it is a crime…. in Kazakhstan lmao
What happened to Dow 12K, ex-commie?
ha!!
it is coming…. lmao…. I hope you are ready fuckface…. lmao
and taking profits is part of rebalancing…
if you don’t do it you end up eating shit.. as you do now… in your shorts
I could tell the fly was pissed off. simply by seeing how often he is blogging now. He blogged at midnight, then before the market open, now again a few hours later. The market gods have pissed off the fly, and he is searching for revenge. Look out people, he has a wicked pimp hand, and will ban anyone who rubs him the wrong way.
Fly, I just got back from tomorrow. I saw you tossing the ball around with your kids outside. You looked as relaxed as ever.
I will do the opposite of what you expect.
The housing market is not getting better in Atlanta. In my neighborhood a house that was 800K just sold for $425K, one that $750K sold for $389K and at least 4 others have just left there house in the past month. I live in neighborhood of about 80 houses. I tried to refinance my house which was 400K and it appraised for 220K.
The Fly is still actually winning, even when he is blogging profusely with a wicked pimp hand and a Bowie knife in the other.
I expect an imminent appearance from Merlin, as “The Fly” plots his next move.
It should be interesting. Stay tuned……
We need some KRULL
WORD
Listen… the market is talking to us. It says I cannot go up and up. stop biting my ass… Those who have crappy speakers cannot hear it. I have hi end AV receiver with hi end floor standing speakers.
And the S&P daily chart looks like the dragon is spitting some fire on fuckfaced. Good luck to all.
Sir Fly,
The day you stop blogging is the day I grow an enormous beard, wear all black and enter a period of 40 days and 40 nights of mourning. Poetry, madness, art, I bow in awe to your scribing abilities…best one yet, thank you!
will Fly follow the lead of other MM’s and retire this year? is this the end?
the dot com bubble couldn’t get him, but this time is different?
to be continued..
BOJ left the $23 billion unsterilized in its intervention. This is what i have been hoping for all year. They will do more too if the Dollar Yen tanks again.
Funny shit though. Basically the Chinese are making the Japanese buy US treasuries instead of them doing so. How?
The Chinese have been buying buying Yen and therefore JGB;s. This forced the the Japanese to intervene and buy Dollars against yen which means they will buy US treasuries.
Funny world.
Some people eat a sandwich. Some people hit the golf course. Le Fly talks to retards on the internetz. We all have our methods of waiting.
what’s for lunch?
Fresh zucchini and pasta with tomatoes.
btw, I think this site may have been hacked. I got a fake security message, and this is the only site I had open.
When I told you that Dow was going to 36K you said I was sniffing and smoking at the same time. Now look at me with all that C4 Direxion Long shares on margin. On my way to retirement now.
FIG
How’s that workin’ out for you today?
this post is pure genius
At the rate the market is going up while housing is going down soon I am going to be able to cash out and buy every house on my block. I will be a feudal lord.
yea,cause were all pissed at something today. be it the market,or whatever. mines a whatever.cause crazily i’m min the green today.go figure. and trust me,it wasnt by design
I would like to see pictures of some of the people that post here. I think it would be like going to a wal-mart in Missouri.
You just posted so do you look like one of them?
We don’t shop at Wal-mart,so you’ll have to give us more info.
Take a looksie…
http://www.peopleofwalmart.com/
Please, the proper pronunciation is “Wal-Marts”.
We may be setting up for an afternoon dump – index put/call ratio is below 1 going into expiration. Shouldn’t be huge, but 1-2% could happen.
Did Fly act this way during the turn in March 2009? Just wondering. And the negative readings in the PPT were worse in August 2010 than Feb/March 2009.
Same plan as yesterday, scalp Qid when ES crosses 1120 or above.
If we can get there