iBankCoin

Uncontrollable Forces at Play

I want to race in NYC inside of a calash made from jewels, engined by black horses. I want tea cups made entirely from diamonds and fine china made from ivory. Fuck elephants.

The stock market is a great financing mechanism for yours truly. Through steady and gaudy capital gains, over the years, I’ve managed to surpass FDIC limits in numerous bank accounts, secure collections in a number of eccentric genres and build a fucking space orbital cannon (SOC). “The Fly” does not go to work; work goes to him.

The jobs report was better than expected and Prezident O’bama is well on his way to securing a second term, much to the chagrin of the Cement Head (CH). Although I love to make fun of politicians (it’s one of my favorite pastimes) and I think O’bama is a tool; truly, I couldn’t care less about who wins in 2012. Some of you will discount that statement as something “silly” or accuse me of “circumventing my responsibility as an American citizen.” To both of those statements I extend an arm of grave indifference and remind you that “The Fly” isn’t loyal to any one country, as he represents capitalism on a worldwide scale.

Moving on, I am wearing yet another “ribbed” (no condom) turtle neck sweater today. I look rather majestic in it and I thought you’d like to know that. As you read this from the discomfort of your cold grotto, I am drinking a monstrous sized mug of Earl Grey tea and noshing on a crumpet.

Large and uncontrollable forces are at play in the stock market. Your charts have been rendered comedic. Your moving averages are wooden bowls of shit-soup.

Finally, Cramer said when FXE broke $132 to the downside several European banks would fold, resulting in $10 trillion in losses. Immediately after that, he suggested to buy shares of FUN. Indeud.

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19 comments

  1. dk

    When Fly noshes on a crumpet there are no crumbs.

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  2. drummerboy

    what,no poorage today?

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  3. Yury

    I wish you well, Sir. Unload your longs.

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  4. Septic Tanker

    Haha, Beautiful post. Nothing more & Nothing Less.

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  5. Quint

    AAII investment survey down to only 17% bears.

    Last time it was this low was 12/23/10, and guess what happened? Market went higher.

    Time before that it was this low? 12/8/05, and guess what happened then? Market went higher.

    No news here, move along.

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    • Yury

      If you would look into more serious things like TNX, Dollar, TED spread etc. you will see that this time might be different

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  6. alfdaddy

    Fly,

    You are the chuck norris of trading

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    • The Fly

      Wrong. Chuck Norris is “The Fly” of karate.

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      • Mad Willie Thompson
        Mad Willie Thompson

        rofl!

        “‘The Fly’ is the only known human that can perform photosynthesis. However, he refuses to do so because ‘Converting light energy into nutrients is for pussies.'”

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  7. jimmy_two_times

    The turtle neck is very “Banacekish” of you, as are some of his proverbs colloquiliasms could be yours. e.g. “a truly wise man never plays leap frog with a unicorn”, or “If a wolf is after your sleigh throw him a raisin cookie—but don’t stop to bake him a cake”

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  8. Bobby Boucher

    Color me surprised that yields are not higher given the employment report this morning.

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  9. SUBCOMANDANTE CHINCHINILLA!!!
    SUBCOMANDANTE CHINCHINILLA!!!

    This post Is ribbed for crumpet pleasure.

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  10. Yury

    I told you…
    http://www.youtube.com/watch?v=k08A0aVs8OI

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  11. Yabollox

    O’bama is Irish? Who knew?

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  12. kcscott

    How’s the weather up there Fly? – I’m in Manhattan M-W next week.

    I’d offer to buy you lunch but $200 is my expense limit

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  13. Blind Read Ant

    Fly, take your steroids after posting, I just coughed up a lung laughing at this!

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