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
23,473 Blog Posts

DEATH IS COMING

There will be one last chance to sell and it’s coming soon. The market as you know it is going to change. When all is said and done, there will be nothing but remnants left of a time when you’d make 10% before lunch and another 20% afterwards.

Black clouds approach and the Fed isn’t going to help matters this time, as it is led by a crazy old woman.

What you need to do is understand that fundamentals will not play a role in the coming correction. Price discovery will be had by the sword. People will be ruined, leveraging into this maelstrom, thinking it’s only a benign dip. They will be wrong, for this is blood sport. The very blueprint of what is going to happen has been laid out for you, 14 years ago to the day.

Naturally, I could be wrong and I still have a great deal of exposure to the markets. But I’ve hedged myself well, putting TLT, EXC, ETR and GAS as my largest positions, intent on surviving the coming apocalypse and then drinking your blood.

Good day.

 

https://www.youtube.com/watch?v=vg1xlLufxIU

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54 comments

  1. clegger_2000

    A band called Death; http://www.youtube.com/watch?v=RDPDm9_nX0o

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  2. UncleBuccs

    And then you follow this fire & brimstone sermon with Stan Getz…. don’t you think Bernard Goetz would have been more dramatic?

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  3. matt_bear

    the divergence between Fly and OA is quite interesting.

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  4. Dr. Fly

    The giant sucking sound you hear is BABA.

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  5. xxxhuggiebearxxx

    This post appeals to me.

    I’m ready to see the market burn down.

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  6. jules

    Fly, you mentioned moons past that “the easy trade is usually the wrong trade”. With all this bearish sentiment and talk about rates rising and the market selling off do you not see one push higher?

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  7. Louie

    I read Mr. OA is six six and that means the brain is simply too far away from the heart. I am backing Fly on this one.

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  8. it is showtime

    It is more fun making money while others are losing. It really is.

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    • jules

      Yup bulls have been doing that for 6 years now.

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      • it is showtime

        No that is status quo

        Bear markets. Big bear markets. And big big big bear markets. When everyone has to get out of the way.

        And you, the individual trader, are on the other side. Watching. Plebians and intelligentsia alike. Losing

        While you’re winning (deepbreath)

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      • Jay

        Thank you! :3But that wasn’t an effect. It? was an olarvey. An Overlay is another video that is put over your video. It’s like using textures, but with a video instead of an image. owo

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  9. BlueStar

    I sold all my puts today and went long calls. All in. Blast off top.

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  10. budh

    OA calls it discouragement– a stutter step before getting back on the escalator up.

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    • USdollar

      Well, here’s an alternative:Let’s say that as soon as Bruce’s mom and dad are dead, he vows to avnege them immediately, and starts training right away. He could probably pull off junior MMA, at least three foreign languages, biology, chemistry, robotics, boxing, gymnastics, advanced computing nada whole bunch of reading about other forms of fighting from, let’s say fourth grade to freshman year of high school, enrolling at a Boarding school, we’ll say $50000 from point A to point B. From Freshman to Senior, he takes all of those classes AGAIN, so just ad $20000 to make sure he knows what he’s doing. Finally, in college, he might take a flying class, acting, and a few more martial arts, not accounting for business(Wayne Ent. needs a CEO) will need, say $15000. Then, let’s assume that Alfred is more of a family friend, and just serves as a guardian. That wouldn’t cost anything, so on we go to world tour. He might go to Asia, and learn something about fighting from the monks, which don’t need money in the first place. Maybe his trip home costs as much as the one there, disguising himself as someone else, so middle class isn’t that bad. That’ll land you with about $300. He then might buy an Urban Security Jacket (a lightweight top that will protect you from a pretty tall order of damage). This, along with a nomex suit over that and football pants, would cost about $950. Combat boots, MMA gloves and a utility belt are around $100 all together, and he can improvise a cowl from the hood on the jacket. A cape could be made out of some old metal railing and a parachute to make a sensibly cheap and effective glider(about &250 in itself). Now for weapons. He could most likely make Batarangs from some spare metal he found lying around. Sonic grenades can be a good distraction, so he’d get those at a cheap $50. Tear gas grenades make for a good escape, but that also means you’d have to get a gas mask. Throw in another $300. You can get co2 gun and micro pocket grappling hooks(say, about ten) for around $1200. You could also throw in some tranq darts to use with the same gun, 20 for $150. Rope is around $20. Alright, now youll need away to get around. A Lamborghini spyder will come to around $15000, all batman like features included. A cool motorcycle would be around $4000. Finally, a private helicopter stealth bomber hybrid might come in to $400000. Now you’ll need a place to put it all, and the military sells missile silos for, maybe $10000. A good computer, and a large moniter will sell at $1000. You could probably make a cage for the suit, and I don’t think a lazy Susan for the batmobile is necessary. You do the math, I’m tired of crime I this city

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  11. budh

    my bad– it was “denial.”

    one of those ‘d’ words.

    damn

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  12. The Zombie

    The Fly is God. (sorry I’m a bit late)

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  13. Option Addict

    Hope I am not delirious.

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  14. matt_bear

    The bearish blogger going all in call options is cause for concern. Fuck.

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  15. BlueStar

    Jules,

    Not serious. Just kidding. Market is a shit show!

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    • Jules

      Fuck Yeah! (no offense)

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    • Open

      The man is a thief, if not why did he position hmiself in a position where he can make trouble as head of Legislative committee? Obj must be made to face the music to clear or implicate hmiself of the charges that will be brought before him. He must be made to account for his stewardship in power, it is the right and correct thing to do. We must know what he did with our petro-dollars as minister of petroleum, we must know where he got the money for transcorp and his magnificent presidential library? How his farm grew from peanuts to a multi-billion Naira outfit, how he got money to purchase billion Naira stocks, planes, oil blocks and land deals? The list is endless and Nigerians need to have answers to these numerous questions.

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    • Rei

      Kudos! What a neat way of thninkig about it.

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  16. Trading_Nymph

    All this Death Stuff should have come in December, it is SOOOO taking it’s time. I agree with Matt above, BlueStar going Bullish is a bit strange.

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  17. 8BAL

    institutional liquidation mode….locking in profits on other names to buy BABA post IPO….LNKD is going to $1000

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  18. Dr. Fly

    (Sigh) banned.

    No one will ever know you existed.

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  19. Dr. Fly

    Poof and he’s gone. No one will ever know he existed.

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  20. No One

    Yellen will crush the dollar.

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  21. newbalance

    from the trash can..BBBY, COH, ESV, GNW, RDC, SLB, SYMC, TEX, VLO…

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  22. newbalance

    “Perhaps the best news concerns investors’ state of mind. This market is still unloved; the mood of excitement that accompanied the 1990’s bull market is absent.” John Authers

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  23. Twister

    Iron ore miners lighting it up in Asia today.

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    • Trading_Nymph

      China is buying, which is rather normal, they buy ahead of their holidays.. They take the entire first week of October off for National Day, and many start to travel early next week, Plus Japan just came off of holiday.

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      • it is showtime

        Shanghai losing ground. C’mon Death. (ahem) To the market tops I mean

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  24. cheifton15

    Fly,
    Curious why you’re not shorting? If your right there’s a great deal of money to be made on the down side.

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    • Dr. Fly

      Utilities should make me 15% in sharp pullback

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    • Abdulhadi

      Oh Tei! This is so? fantastical and shkfsiug! I also use Premiere, and I was wondering: what is the very first effect called that makes the screen fuzz up a bit? I’ve been wanting to do that forever! <3

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  25. Murph

    Long old man stocks and S&P Calls

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