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Trading with The Fly

Dr. Fly
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

Fly Buys: PKX, GES, TQNT, GLW

Dr. Fly Thu Oct 1, 2009 3:43pm EST 8 Comments

Testing The PPT and its bottom calling ability, I bought the following:

I bought 10,000 Corning Incorporated [[GLW]] @ $15, 2,000 POSCO (ADR) [[PKX]] @ $100.55, 20,000 TriQuint Semiconductor [[TQNT]] @ $7.05 and 5,000 Guess?, Inc. [[GES]] @ $35.99.

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8 comments

  1. jjjsix6
    jjjsix6
    October 1, 2009 at 3:49 pm

    What is your cash position @ now?

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  2. TA
    TA
    October 1, 2009 at 3:51 pm

    Amazing how little it takes to get the rampant bears to jump in with both feet and declare themselves Cock of the Walk.

    I would not be suprised to see tomorrow starting with a gap down followed by viscious short covering.

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  3. DSB
    DSB
    October 1, 2009 at 3:52 pm

    Red bull induced dart throw at CIT anyone?

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  4. Dubbin
    Dubbin
    October 1, 2009 at 4:02 pm

    i like it… bounced a couple times now off low… set stop at .99 with a target of $1.25.

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  5. ChnDragun
    ChnDragun
    October 1, 2009 at 4:07 pm

    holy shit.. you guys are on a buying spree… lol

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    • so i herd you liek mudkips
      so i herd you liek mudkips
      October 1, 2009 at 4:18 pm

      hell yeah, who the fuck wouldn’t be booking profits on those long-dated treasuries at these levels? we’re coiled up so fucking hard today, tomorrow is going to be decisive.

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