I am celebrating the coming depression with extreme opulence. While at home in your lazy boy chairs, watching re-runs from a 10 inch black and white teevee, feel free to join me for a drink to commemorate the end of the western banking apparatus (No RW). You geeks can sip on that Miller light shit. “The Fly” drinks from a diamond encrusted chalice filled with dark red wine, derived from the left bank of the Gironde river.
It’s all downhill from here. You might as well get your sleds out and make the best of it.
[youtube:http://www.youtube.com/watch?v=l-TXlzNxPjY 603 500] If you enjoy the content at iBankCoin, please follow us on Twitter
turned total bearshitter
“Your comment is awaiting moderation.” wtf?
You’re fired.
so are we talking doom of a Mr. Devil Dog variety like this:
http://vimeo.com/11480936
or just garden variety doom of a 1930’s Great Depression with iPads?
Welcome back off the wagon!
I raise my glass to you, monsieur, and the team at iBankCoin. Celebrating our way into a brave new world. If only I could see it more clearly from my 10 inch Tee-Vee.
One day you will be able to afford a 12 incher.
Save those food stamps.
I scrimped and I saved and I was recently able to get a new pair of sweat pants (that last pair had a hole in an inopportune location) at a nearby Walmart.
But those stamps are paying off… enjoying Three measures of Gordon’s, one of vodka, half a measure of Kina Lillet, and a large thin slice of lemon peel.
Gan bei! (??)
was born with one.
Cheers!
Cheers
we all know right bank bdx rules the day. but.. no barolo? wild ass sagrantino? clos rougeard?
I like Barolo too, even Spain
Iron Maiden, Van Buuren.
I will buy a round of Gruet Champagne for IBc the day Fly admits admits his metal penchant and jams some Fear Factory or DevilDriver.
Until this day, Rick Ross detergent, sold in kilos and ounces, will make all y’all ears turn red! HA!
fuck it. im switching too pure crack with a real oc kicker. the fly has just doomed all.
IMPORTANT ANNOUNCEMENT
In keeping with my Neighbor Fly’s superstar status I am pleased to announce The Fly’s Life Celebrity NYC Tour. Mrs Steve will be providing a brown bag of a brisket on challah sandwich and a cup of her famous matzoh ball soup for all. The following will be the schedule of events.
1. A visit to Grandpa Fly’s house to see where little Fly sat on his knee to hear stories of the old country.
2.See the Dunkin’ Donuts and pizzeria that Fly eats.
3.See the Staten Island Dump where Fly proposed marriage to Mrs. Fly.
4.Visit Fly’s office and all will get one minute (no more) to sit and dream in his non Staples leather chair.
5. A 30 second chart art lesson by the artist Fly himself.
6. A 30 minute lesson by yours truly on how to properly swipe a Subway Metro Card without looking like a tourist.
7. A special side trip to Jake Gint’s elementary school where he always argued with his Commie 5th grade teacher.
Details about price and times to follow.
Item 6 should be “mulled over,” that’s a million-plus dolla’ idea, right up there w/Hollywood Starz Bus Tours.
funny
Just popped a fresh can of Pussy…
http://www.pussydrinks.com/
Getting it in a can is better than nothing.
When it gets better , please publish. Very thoughtful of you to think of all your ink blot friends this way.
why the picture of the clam on front page. Your mood sounds like Horatio would be a better avatar
Enjoyed my night out at the finest steakhouse a guy can find out here in the middle of nowhere.
Went all out. Fuck it. 20oz Porterhouse makes it all feel better.
Cheers to the end of times!
Welcome to the bear side Fly. Nice to have you on board.
Looking for a move below 1100. I’ll cover if we sell off to those levels next week.
1100? Ha!
Looking for a swift decapitation below 1000
Santé !
Cheers, Sir Fly! I’ll also have a drink tonight to the coming depression. Benedictine and soda is my choice.
My current portfolio is in pretty bad shape (down 10% YTD) due to my failed by-the-dip strategy. Still a little green on short-selling, but perhaps now I’ll get a chance to try it out.
I wondered what would happen after QE2 went away, but got caught up in the greed-fueled illusion that we were in a global recovery, so ignored my instincts.
Oh, well, easy come, easy go.
global recovery? Hahahahahaha!!!!
this is what it sounds like here
http://www.youtube.com/watch?v=Kwr2fdCeLEc&feature=related
Noodles…quit with that bullshit wanna be gangsta rap BS.
What it rePly sounds like at noodles household and I quote verbatim, “Poodle (real name)…put that damnn trash in the street before I make you suck my other ball. Ah…what the hell…suck it anyway punk ass bitch”.
And that’s a good day at the Poodle household.
Harry Dent says we can expect a subtantial rally from here, maybe 20% before we hit Dow 3000-5000! Yep!!!
There is still time to get out!
Must read when you tire of the pablum http://umairhaque.blogspot.com/
Thanks, Hermes. Interesting. Whether one agrees with it or not, it stimulates thinking about important issues.
Red wine is not good enough for the Fly. You should not imbibe of anything but sweet, sweet Ambrosia.
You know what will be the best part of all of this. I will finally be able to get rid of my White Swan and Bubbles Advatar at Twitter…this thing has taken forever..stupid Clam.
Not so fast. Swans mate for life.
lol,I know, Plus with China on Vacation this week we can have the “hope”rally ala China New Years 2011 when Copper topped out on the LME. Many will “hope” that China will restock when they come back and will buy up on that hope. Plus dip buyers will defend the 50% retrace level of the 2007/2009 move of the SPX in the 1120ish range…so, yep, patience, patience…drats.
so why aren’t you loaded up on Fazmobile?
Bc it’s too late.. Yes we may have another leg down… But below 1100 I’m goingbto take a shot on the long side… These bad periods don’t end until they destroy everything…with the high fliers now getting crushed…pcln,aapl,gmcr…etc I think it means we are getting close to trading bottom
Below 1100? Methinks this episode will re-define the word destroy… 1100 does not qualify as destroyed. Not even close.
Destroy = world economy and market not able to operate under their former regimen and method. Total reset required.
We are seeing a lot more bears here in Michigan of late. Wolves and cougars are back also. It is an omen.
AAPL isn’t even down 10%. Not exactly getting crushed.
Sold all my longs and it rolled into MS puts….let the carnage begin.
You’re an idiot
lol
lucky fuck.couldnt get filled on mine,the bid just kept moving up steady into close
The local Kroger’s has Bay Bridge California wine (all varieties) on sale for $3.07 for a 750 ml. bottle. I go thru about three bottles a week, mostly Cabernet and Chardonnay.
I have stocked my basement shelves with about six months’ supply.
Like stocks- buy low, sell high.
Fly we need that REM song its the end of the world lol
2012 is coming we are all going to be china’s bitches.
You will look back at this “cheers” post as marking the bottom. Excellent contarian blog…short is so crowded and sp still above 1120…
Without the Fed stepping in, we’re headed down…2008 style.
The hilarious shit about you readers saying that I mark the top or bottom wiry blog posts is that you are the only ones who lose.
Consistently, for 4 years bloggging here, I’ve called this market with precision, yet the commments still doubt me. Sigh and Banned.
The proof is in the account balance. Talk is cheap. These scrotum munchers can talk the talk but when it comes to walking the walk, they end up face planted on the pavement in a steaming pile of dog shit.
…..and YTD perfomance is?
Duly noted by Jay Leno: Herman Cain has more wins in Florida this year than the Miami Dolphins.
Roubini – How to Prevent a Depression: http://t.co/wvbiu6nP
The plagiarist strikes again:
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_G/threadview?m=tm&bn=8089&tid=864385&mid=864385&tof=1&frt=2
The Internets are full of plagiarism.
The plagiarists are stupid and don’t realize that a lot of the time you can just google some of their words. And that way you can find the original source and expose them as a fraud.
The readers of the plagiarizers also usually don’t realize that either, which is how they get away with it.
Imitation is the sincerest form of flattery. But not giving credit where it is due is fraud.
wow fly say it ain’t so… what is this
mtp- the Yahoo poster copied The Fly’s words. Look at the time stamps.
I’d never be caught dead or alive on yahoo. He’s a fan, obviously.
The Robots knew we’d be down 3% on Friday…look out next week, it is going to be ugly.
Already got 1000 Indians in Mumbai changing the fortran code to sell, sell, sell.
lol @ ‘1000 Indians changing fortran’. Love it!
Duly noted at ibc_fn, French banks are levered 100:1. No surprise there. The French do everything upside down.
100-1 lol, Their just as levered up as some of our daytraders ,but they go to sleep with it.
YIA SOU! I’m breaking out the ouzo.
2007/08 was a year of bad news with the market going lower and lower. Every week I thought that this would be the week that things would finally turn around, but they never did. Finally there was that almighty crash that ended up marking the true bottom.
I think that we are in for the same scenario now, with some kind of apocalyptic market event to finally blow off the last of the gas holding things up.
This market is more like the Illinois Enema Bandit, “lookin for a rustic coed rump// that he just might want to pump” http://www.youtube.com/watch?v=5uRvR2oF3FQ
No, this market is more like riding on the
Joisey Turnpike:
http://youtu.be/EyBwZeoxISk
Is there any doubt when the chips are down and Europe/China crumbles, the FED will print, print, print.
FRNs will be devalued greatly. It is inevitable.
Politicians are pussies. They will not cut entitlements. They will cause inflation instead.
Who are you calling a pussy? I’m your upstanding representative, always on your side.
Re-elect me. I’ll vote for our government to buy you everything you want, PLUS I’ll vote to lower your taxes. What a deal.
I think you don’t understand politics. The game is that you are supposed to believe what we say, not what we do.
Fly, fuck you. Bring some intelligence to stock twitter, this site.
I say that as a ppt paying member. Get some fucking class.
Ya I know you don’t care what people think. Then fuck off as a paying member.
I believe some re-education classes with Dr. Solomon are in order for you.
I will fire you as a “paying member” for less.
Your point was what?
Tax the guys behind the trees.
http://www.financialtransactiontax.eu/
What! And have the HFT traders pay something to the government, while they are making a mint– front running all other traders by machine while they are out yachting and golfing.
These people are producers. They produce… um…front-running…um..well, money– money that otherwise would belong to you and me and all the other traders in the market. They stand in the middle and shave money off of other people while providing…um… nothing at all.
Why should these hard-working golfers and yachters have to pay taxes on their transactions. Totally unfair!
Clearly I need a new harbor slip and golfing crew, right?
A financial transaction tax seems a useful means to raise much needed government income and diversify the sources of taxation. It appears the Brits are against it as they have a high turnover financial sector and as they did not adopt the Euro don’t see why their financial sector should be impacted. There is already talk of banks changing country of domicile to avoid the transaction tax if introduced so a necessary element would appear to be the Universal imposition of a standardised and loophole free transaction tax. The financial industry has trouble complying with the standardised treatment of assets on the balance sheet across borders so the prospect of an effective transaction tax would appear remote. If implemented I imagine the HFT’s would lobby for a lower rate than the average Joe day trader or Mum and Dad buy and hold investor. I would like to hear some arguments for an effective transaction tax and what measures could be included to prevent avoidance.
And stop knocking yachties and golfers. They come from all income groups and spend most of their money in their home country and on services such as slipping antifouling and repairs carried out by your salt of the earth tradesman. Better spent that way than on cheap C**P made in some far off country. Do I sound a little defensive??
Nothing wrong w/ “negative asset protection.”
I won’t mention name of company that has Fx-Algo in South Africa and clearance in Cyprus. Now that was some high-end “tax ‘avoidance,”; note, I NEVA’ said “evasion.”
always a fan of steampunk and fathers and sons http://www.youtube.com/watch?v=UIwx0g-7jhU
Remember the Icarus
http://www.youtube.com/watch?v=7RZOiEryX0c
sweet choice on the tunes here
Yahoo chat members spend all day watching Stocktwits, Ibankcoin, and wishing they could afford the PPT…..”>
till la sink …
Third day video
http://www.youtube.com/watch?v=wktv5mA7EB0&feature=youtube_gdata_player
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