Don’t Tread on iBC

I’m not a nice guy. I waste inordinate amounts of time talking to fucking idiots on the internets. The very last thing I will tolerate is questions in my email box and/or nonsense inside of The PPT. Let me be clear: This is my domain. Fucking with my domain will put you in a mustache-less situation, if you know what I mean.

Consider The PPT “The Fly’s” office, where he permits you fucking ingrates to look in for a measly 29 bucks per month. It is a place of distinguishable honor, sacred to me and my reputable backers. We do not need you there, always remember that.

As for the tape: you do not deserve late night commentary, due to past and present sins. I am sure you all know what to do, being experts in all things that have nothing to do with how the markets work.

Do not waste my time.

Who called this deflation trade better than HORATIO CLAWHAMMER aka “The Fly”?

Instead of building on the recovery, the world has decided to take away stimulus and impose harsh austerity measures, in order to support “the big lie” that inflation is a risk that may hinder economic growth. Well congratulations, fuckface, you have all but guaranteed a double dip recession, by way of using the “how to fuck up the economy, fast as fuck” handbook, written in 1932. On top of that, the financial reform bill is a fucking travesty of epic proportions that will further knee cap our banks’ abilities to lend money.

But this is all by design.

Our elected officials tell tales of China owning the United Steaks, via large treasury holdings. They talk about the dollar going down, due to inflation. To solve these issues, they demand “fiscal responsibility,” by way of harsh budget cuts, just two years removed from the biggest credit crisis since Hannibal fucked up Rome. Well, the end result, much to the delight of our low IQ Congress people, will be deflation—effectively funneling money into U.S. Treasuries, a la Japan. I told you this would happen and here we are now: it’s happening.

Like Japan, our debt will be financed internally, providing the spreads are attractive for our fucked up banks. Without a doubt, the share prices of our banks are zombified and offer little to no upside.

If the world does not change course and reintroduce unbridled stimulus, we will be feeling the pain of the 2008 credit contraction with great vigor, very, very soon. The end game is Dow 7,000 or lower. We will have up days and rumors of resurgence. But rest assured, we are being led towards economic death.

Trade accordingly.

We are now down more than 3.4%, on the NAZZY, for the day. According to the laws dictated by The PPT, we are getting close to a near term bottom. My heart tells me we will sink, like a fucking Confederate submarine. But my brain is telling me to look for a bounce, soon.

When I say “soon,” I mean in a day or two. If forced by knife point to guess, I’d say we close at the lows, tank tomorrow morning, then firm up. It has been written; therefore, it shall be so.

One stock on my “to buy list” is FLS—always a good go to name on dips.

In the meantime, my accounts are up across the board, thanks to my VXX and 40% cash position. I am not up that much. However, I am faring much better than my competition and 100% deserving of your fucking silence. Remember when you dick suckers were giving my a hard time about buying VXX a few weeks ago?

Yeah, I didn’t think so.

Breadth is horrific across the board. Many of the little things that I look at, when analyzing intra-day trends, point to a 4%+ down day. Of course things can change and unicorns can grow cocks; but I’d be VERY, VERY careful about picking stocks here. See folks, the deflationary vortex is upon you. Both Spain and Greece need to roll over debt next month and all of our leaders are discussing ways to trim debt. That’s EXACTLY the wrong response to this crisis. We need more unbridled spending, not austerity.

So, as your local policy makers assure the next Great Depression, bank a little coin in the market by betting against them.

This is not a fucking game anymore people, where you can simply take this shit in stride and hope to “play the next bounce.” This drop is the real McCoy.

Trade accordingly.

NOTE: Who the fuck is McCoy?

I blew out of both GWW and HEAT, preparing for vapor lock mode here.

Current allocation is 24% VXX, 45% cash and 31% equities. TZA was done exclusively in my personal.

Long 15,000 @ $7.50.

That’s the Earth being sucked into the DEFLATIONARY VORTEX.

More on this later.

The internet is a funny place, especially finance bloggers. Despite iBankCoin shitting on the competition daily, we rarely receive incoming links and are regularly excluded from all “top finance blogs” by traffic lists. Assholes.

All of you top finance blog posters can go fuck yourselves. We got our own list now.

Note: if any of you third tier finance bloggers feel that you have been wronged by not being added to this list, please leave comment on Chess’s post. To be added, you need to provide proof of traffic.

Nothing says “look at me I’m rich” like a fucking water fountain in your front lawn. Go buy some gargoyle statues, along with some lions, and put them in your yard. Who gives a shit what your neighbors think? Fuck them too. There is no upside to being friendly to neighbors, for they are all out to get you. Remember that, especially during Christmas time, when they work feverishly to “out decorate” you.

“The Fly” is not interested in the market right now. He is thinking about vacation (New England) and what he may or may not partake in, during such an event. One thing is for sure, I will not stop trading or blogging. Every time I step away, iBC traffic drops by 25%, effectively cutting off the cocks of my other bloggers. I really like the staff here at iBC; but they can’t hold readers for shit. God willing, they will find it in their souls to kick ass, on a much higher level. If not, I’m afraid the deck will need to be shuffled, YET AGAIN.

Aside from being an asshole, I am in a very relaxed state. While you faggots sip bitch drinks from coconuts, “The Fly” is in a near catatonic state, totally in sync with the stock exchange, as if it was a level 1 game of Pac-Man.

The cross currents in this market are VERY disturbing. How can you sit there and talk an inflation book, when TLT is printing $100?  Really!? Stop humiliating yourself and go fuck a lemon tree.

I bought 5,000 [[CIEN]] @ $13.46.

Disclaimer: If you buy CIEN because of this post, a religious zealot will move in next door to you and convert your family into fucking maniacs. And, you may lose money.