iBankCoin

WALL STREET NO MORE

Everything is down 5%+, with marked exception to coal. For the day, I am down more than 1.6%, saved thanks to my ANR position and cash. But let it be known, this market is infected by zombies, who are hell-bent on eating your brains and stealing your coin.

At heart, “The Fly” is a coal man, only interested in the vagaries of anomalous events, uninterested in the obtuse.

Having a portfolio filled with shit is disheartening. It makes me sick to my stomach to see the obvious unfold three inches away from my face. All the while, Mrs. Fly discards currency as if it was trash, procuring items from the far east like a nabob.

Friends and enemies alike from the internet:

PREPARE YOURSELVES FOR THE END OF DAYS, YET AGAIN. There is very little in the way of a full fledged rout, with marked exception to a certain Benjamin Bernanke. Just 8% of hedged funds are outperforming the broader indices this year of the dragon. Take it upon yourselves to enjoy your time here and please don’t forget your topped hat, gloves and cane when deporting yourselves amongst society.

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50 comments

  1. republicat

    Stay calm folks;
    The day is coming when you can short VXX in the day and drink scotch at night.

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  2. Marc David

    +1

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  3. Marc David

    Do you think at some point doing heavy shoulder pressing movements is just the worst exercise you can do for joint health?

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  4. 4fl3x

    What the cock is this shit?

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    • Marc David

      Look.. it says “DEVELOPING” I figured while we wait, we might as well have some typical internet chatter.

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  5. Toronto Trader

    Coal is going up like Romney is going to win or something!!!

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  6. V

    I’m smoking cigars whilst amassing coal ANR style

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  7. ScroogeMcDuck

    nabob…classic

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  8. Berniecornfeld

    PREPARE YOURSELVES FOR THE END OF DAYS, YET AGAIN. I may get that on a T-shirt

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  9. the Bull

    Dolores O, love her, just sayin.

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  10. moolahheaven

    There is no literary equal to the Fly.

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    • Ga'Lawed

      There are several ways to interpret that probable pandering statement. One of them is absolutely correct and I own that opinion.

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  11. Mr. Pink

    Fly, serious question: Are you associated with StockTwits?

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  12. T-Bird

    “When there is no more room in hell, the dead will walk the earth”

    –‘Dawn of the Dead’

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  13. Patrick

    Central bankers will prevent “the end of days”

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  14. moolahheaven

    If we drop hard again, Maybe the CLAM will announce QE’HO’ (QE Hussein Obama) where the FED simply openly daytrades massively taxpayer funded algos until election day and guarantees all traders a 5% profit per trade no matter what until election eve. “QEho” could have it’s own index ticker taped across CNBC and will inverse any drop in the SPY. On the 5th of November, “QEho” will automatically send every single trading account a 50 billion dollar credit to make DOW 50,000 before the vote and show the ‘recovery’ along with fake numbers from the DOL showing that we are in fact at full employment, and the only unemployed are simply not interested in work while they speak on their Obamaphones.

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    • riggedgame

      The first “Universal Telephone Service” law (Land lines) was passed under Reagan.

      Bush the Moron added CELL PHONES in 2008.

      They are fuckin’ BUSH-
      REAGAN PHONES, not Obamaphones!

      Get your facts straight, boy.

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      • metalleg

        I want one.

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      • Frog

        Thank you, Riggedgame. It’s great to have someone else here who is interested in facts.

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        • moolahheaven

          -and mindlessly supporting marxism and social class warfare pandering.
          Fact: Obama supports Muslim brotherhood
          Fact: Under Obama food stamps have had a huge increase along with the national debt
          Fact: The program above IS touted as the “Obama phone” (his welfare dependant supporters coined the term)

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  15. DMG

    Obama Phoney In Chief

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    • moolahheaven

      DMG, that is the BEST article on this campaign I have ever read. Post it everywhere.

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    • Metalleg

      I will be presenting this article to all of my liberal acquaintences to see if I can finally make the facts matter to them.

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  16. Raul3

    I am getting Pilgrim Prided worse than a native ova here!

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  17. jimmy_two_times

    Year of the black dragon I believe.

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  18. flicker

    They broke the mold when The Fly was born. Thanks for the laughs my man. I still have my top hat but it’s a bit freyed around the rim.

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  19. TheOSU

    I’ve got diarrhea

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  20. ben

    seems like PPT invest ETF oversold call is right in the money

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  21. TeahouseOnTheTracks

    OEW Daily Recap:

    “The market opened lower today, led by the Techs, and continued lower to test the OEW 1440 pivot range – medium term support. This two day decline, from friday’s SPX 1471 high to today’s 1441 low, is much larger than the two previous pullbacks of 14 and 18 points. While the SPX/DOW are both holding support, the NDX/NAZ did not and confirmed downtrends today. We are now in either a fragmented market, or the uptrend ended last friday. The OEW 1440 pivot range now takes on more significance, as does the SPX 1422/27 support area. Should the market drop below SPX 1422 the uptrend is probably over.”

    “Short term support is at the 1440 pivot and SPX 1422/27, with resistance at 1463/64 and the 1499 pivot. Short term momentum hit extremely oversold this morning, bounced, and is now displaying a very slight positive divergence. The short term OEW charts swung into negative mode shortly after the open, with the swing level now around SPX 1452.”

    http://caldaro.wordpress.com/2012/10/09/tuesday-update-357/

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  22. Quint

    Some serious turnover here on this site….don’t recognize 10% of the avatars anymore.

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  23. James

    No shit, this place sucks.

    Fly is a clown, and only in it for the money.

    Off its subscribers alone they generate between 300-400 GRAND, AKA 400,000 DOLLARS, GREENBACKS, WHATEVER YOU CALL IT.

    His picks sucks, and hes burned out, so he made a sub service to fuck the rest of you….

    thats why we’ve all left…

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  24. Belly of the Beast
    Belly of the Beast

    and now, a message from The President of the United Steaks :

    http://youtu.be/zQ-hPNrKdZI

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