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
23,446 Blog Posts

Diary of a Bearshitter

Dear Diary,

I made some good money in the market today. I know this is it. We are finally going to crash. My portfolio is all in FAZ, SRS, SKF and TZA. I fucking can’t believe people are still buying stocks. I mean, with everything that’s going on, you’d have to be a real cocksucking asshole to buy stocks. Heck, even Cramer is bearish now. Maybe he will FINALLY get one right.

I was on Twitter a lot today, talking to like minded people. That fucking asshole “The Fly” kept making fun of bears. The real asshole is him, because he is losing whatever money he has left. What a douche. There is no way that guy is real. He is probably paper trading from his mother’s basement. ROFL.

After Twitter, I was trolling around the Yahoo message boards, warning people of the coming depression. It seems there are only a few people who REALLY get it, like Tyler from Zerohedge (OMG, love that guy, no homo) and Karl Denninger. However, why does he spell Carl with a K? I always found that odd.

Anyway, tomorrow I am sure the assholes at the Fed will try to prop up the markets; but it won’t work. People are on to them! I am taking my girlfriend to the movies and then dinner tomorrow. She wants to go to this really expensive place; but I don’t have the money for it. I am just gonna say “they had no room at the expensive place, so hey let’s go here instead.”  Hopefully the market will really tank so I can make back some of my losses. God knows I will never make it all back.

FUCKING ASSHOLES.

I had SRS and SKF above $200 and I still own them. Those people at Ultra Funds and Direxion should be arrested and their testicles cut off or eaten off by hungry dogs for the shit they did to me.

Anyway, I am gonna go watch some tv now, then play some video games.

with love,

Samsonite

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77 comments

  1. Cloris Leechman

    Full marks!

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  2. Bullish

    Samsonite? LOL!

    No bear would write a diary like that… or would they?

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  3. drummerboy

    thats good,thats real good,sounds like some one we all know. rof

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  4. MarshalN

    Devildog really needs to come back now to complete the ensemble

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  5. mrkcbill

    June 9th
    Couldn’t sleep ….woke up at 3 in the morning to check Futes…All Red as I suspected.
    Went to the basement to check on my Gold …yep my 10 ounces of physical Gold is beautiful.
    I stack them them 2 up and 5 across.

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    • Colonel von Ryan
      Colonel von Ryan

      10 ounces, shit buddy you better get to work. I want to see plastic tubs full of Eagles and Buffalos. Ever since Obama gave Merkel that Freedom Medal and asked for 1T to bail out Greece she has that “just pumped” look on her face. If Greece goes, Europe goes and we go, but this time around there is no bail out, no QE…

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  6. mystery

    F’n funny post.. after smoken up

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  7. flyaway18

    The bears are all Vancouver hockey fans, I think.

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    • TeahouseOnTheTracks
      TeahouseOnTheTracks

      Turtle Soup & Goose Eggs for them, eh?

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    • Taco

      Fuck i hate fuckin smug fuckin canadians. Look up “politically correct” in a dictionary and you’ll see a picture of two canucks beating each other over a single copy of “The Power of Nice.”

      Anyone who is afraid of being politically incorrect is an automatic asshole, IMO.

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      • Stephen Harper
        Stephen Harper

        Actually, you are an automatic asshole
        And a douche as well, IMO

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    • The Reindeer

      They can still win it in five….

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    • Indie

      Bruins are bears, you morons.

      http://en.wikipedia.org/wiki/Brown_bear

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      • JakeGint

        Hold on… you had to check Wikipedia for that?

        _________

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        • Indie

          nope.

          why not offer a landing hand? if you’re going to call people moron, might as well offer them a way out of their miserable ignoramus life?

          you dig?

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  8. almonds

    some of that quoted pretty much verbatim from yahoo WNR message board

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  9. shit face

    6 straight down days, I’m sleeping pretty f’ing good.

    how bout’ you?

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    • The Fly

      That’s good. I will put the sleep part in the next one.

      How were you sleeping for the past 3 years?

      No need to answer

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      • shit face

        Great, I will put how I was short the last 3 years in my next one.

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      • theedge111

        The markets been dead for 13 years fly. Negative returns. Trading bubbles is hardly a viable investment strategy. You will get your ass handed to you just like the bears have been since 2009. In fact, it might be starting now.

        The problem with bubbles is they pop and this phony bull market is no different than the housing bubble that preceded it. The losses are still there and rotting all throughout the financial system.

        This is just another house of cards that’s been created by the Fed. I have a feeling you will regret posting things like the one above one day.

        Wall St has been a catastrophic failure ever since the tech bibble burst. By the time this is all said and done no one will want to be in stocks.

        Munisn housing, inflation, are going to wreak havoc. Mark my words.

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        • panamaorange

          “Munis n’ housing” is my favorite ben and jerry’s flavor.

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        • Mr. Cain Thaler
          Mr. Cain Thaler

          Trading the real estate bubble was actually a very successful business strategy.

          When the upswing is 1/8 your lifespan, how can you say “well, it popped so that was a fucking waste.”

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        • Caruthers

          If we go hopping from bubble to bubble does it really matter as long as we make money and lock up profits? I don’t care if its artificial, the result of fiscal and monetary policy, or completely unsustainable. You call it phony, but my $$$ disagrees.

          This “when it’s all said and done” argument bullshit is like telling people not to live because they are all going to die. We know that the market ends with a 0, otherwise it wouldn’t end, but I don’t give a fuck as long as I’m out with ridiculously more money than I put in.

          I’d rather be rich than be “right.”

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      • johnny2time

        “How were you sleeping for the past 3 years?

        No need to answer”

        What’s with the assumption that everyone is either a perma bear or perma bull?

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  10. sspiff

    super funny fly dude.

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  11. jimmy_two_times
    jimmy_two_times

    classic.

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  12. yellow

    i am waiting for the capitulation volume

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  13. schizo1688

    was that you fly ? did you hack into my computer ? i went all in FAZ,and TZA today

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  14. TIMBER!!!

    Ha, several years ago I heard of The Fly on the yahoo message boards, of all places. I’ve been back there roughly once a year since. It’s kinda like snowboarding in the Pocono’s and then heading out West. You can hardly ever justify going back.

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  15. anonny

    Who signs their diary “With Love”???? Bizarro

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  16. Count Chocula

    A fuckin plus work, Fly.

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  17. traderstewie

    FIG! Best post ytd fly!!

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  18. Apocalypse Now

    Spoken by a true bullshitter

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  19. buylo

    So, should we go short or long tomorrow?

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  20. pistilstamen

    Interesting, though I’m left wondering what this has to do with The Edge.

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    • Indie

      Same here.

      What the edge has anything to do with samsonite?

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  21. Ozark Hillbilly
    Ozark Hillbilly

    Haven’t commented in a long time, but had to say that was some funny shit. Outfuckingstanding.

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  22. omonortza

    this is the first time he hasn’t gotten all moody like a whiny girl on a down day. somethings up…maybe i should go long

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  23. chuck bennett

    It reminds me of an Eminem song, you know the intro of the song before it plays.

    very nice, very clean

    regards

    chuck

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  24. The_Real_Hmmm

    You need to spice this up with the old arch nemesis’s pompous rhetoric. Add the following pic for this post (look at the caption):

    http://www.viperalley.com/gallery/showphoto.php/photo/26984/ppuser/971

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  25. Ricketts

    Hamburglar returns!

    http://ibankcoin.com/flyblog/2010/05/08/saturday-morning-cartoons/

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  26. panamaorange

    http://www.businessinsider.com/idiot-maker-rally-two-year-anniversary-2011-3

    The public loves permabears. And, the more this apocalyptic mindset grips the baby boomer population, the more they will be willing to listen to them. Their track record will continue to be ignored.

    Its a product of demographics. Its like the entire country is having a simultaneous mid-life crisis, and they are twisting every doom story they hear to fit that view.

    The collective mood swings of the baby boomers are getting a bit dangerous. But, I guess that’s positive. You don’t crash on excessive pessimism. We will probably grind back up to around SPX 1450. But, it won’t be a rocket.

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    • arizonaborderguard
      arizonaborderguard

      You got a lot going on in that brain of yours. Pull the trigger now.

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  27. Taco

    Hey, you read my fucking diary, you asshole!

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  28. Mick

    fly a few months ago you gave a Silver oversold call, I purchased a ton of AG and made a killing thanks…. I offered up a SWKS gift on Monday you chose yogurt.. due to my unending gratitude I offer you TTMI…. enjoy.

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  29. j

    lol

    I laughed myself silly.

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  30. Yogi & Boo Boo
    Yogi & Boo Boo

    Blogfather wins again. lol.

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  31. JTU

    Prediction! Stocks will defy gravity today!

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  32. razorsedge

    jobs no# sucks.

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  33. Mick

    are futures red yet? only a matter of time. Remember when futures would alway turn green no matter what, now futures always turn red no matter what. Things have changed.

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    • razorsedge

      depends on speak today, but sold into strength 2 days ago, waiting for things to firm up,

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  34. Raule

    Futures acting all jacked up.

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  35. TheV.King

    Jeremy please forward my mail for the next 2 weeks to the following..

    http://www.suvrettahouse.ch/en/

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  36. ruggyup

    K in Carl is the equivalent of K in Kraut. Teutonic and abrasive.

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  37. Mortimer Duke

    Fuckin’ A+

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  38. DipChit

    Looks like they banned Fly from his own website…no posts in over 12 hours ..he must have one hell of a bear hangover.

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  39. Omg

    What?

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  40. noodle

    I’m still flat, didn’t get a overnight fill.
    Bummer.
    If we close at lows its not a good sign, I WONT be going long yet.
    That is very sad indeed.

    Off to work (I work the fryer at McDonalds)

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  41. Cascadian

    Best post ever. Don’t post any more so it can stay on top. Genius how you got all the buzzwords and phrases in there.

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  42. j

    Where the fuck is the fly?

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    • SteveTheNeighbor
      SteveTheNeighbor

      Right now he is at my house sitting on the couch working on his 8th glass of Manischewitz wine. He just finished watching The View and is waiting for Oprah (I hate to tell him the show is over). He keeps muttering something about Bears.

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  43. Maximus

    sammy, swamy, samsom……samsonite

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  44. HCG dieting

    This is so great. I always find such interesting stuff when I stumble onto this site again and again!
    I’m going to be sharing this. Facebook here we come!

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    Our Company has has something in the mix for all of our visitors when it means looking into being able to hear. If our clients need any information on or how to hear better then we are the right resource you need.

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