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
23,464 Blog Posts

Fly Buy: TLT

I doubled my [[TLT]] position, sub $89.

Disclaimer: If you buy TLT because of this post, your only son will take a job at a tool factory. And, you may lose money.

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7 comments

  1. ChuckDaDuck

    Interesting move fly. What is the logic? Is it a bet on the dollar tanking?

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  2. StratG

    Thank you Fly and Thank you Greece for that little extra demand. Spoken in a Jimmy Fallon voice.

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  3. mmk

    fly can you comment on the breakout in yields ever other asshole is touting?

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  4. panamaorange

    Unless golden slacks can reverse these squeezes in yen, dollar, and Vix–there is no way were going to break above dow 11k and stay there.

    So , TLT should continue to do well.

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  5. joe

    WTF…

    How the fuck do they expect us (the private investor) to commit our money in the market if we can’t expect our usual 40 DOW points to materialize, Biatch! Paradigm shift? Are the FED loosing their grip?
    I am sure we’ll get out 40 tom. Count on it!
    It just happened that all GS cocsuckers are in Greece/italia/espania today. Tomorrow they will deliver. They and the FED can’t afford the semblance that they aren’t in ‘control’, of course they are and they have clearly stated: you can’t short the market. You can’t sell covered calls as the underlying equities/indexes will rise just enough to take away your position, but not enough to buy calls. Just enough inducement for private investor to sell their treasury securities and take the jump into the risk trade/equities. Forget about puts. And God help you if you are shorting. Welcome to the cross of the ol’ eastern europ 80′ and russian oligarchs of the 90 type of ‘reality’
    Fuck you all for reading….Joe

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  6. joe

    I am pissed that I didn’t buy shitload of AGM at around $10 a few days ago. The volume was too low and I am apprehensive of buyng stock with low volume since at some point I have to ‘get out’
    I singlehandedly dropped IYE over 4points (over 10%)selling my position in 07., lesson well learned…well, too well I guess!

    As per usuall. Fuck all of youse cocksckers.

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  7. Gluteus maximus

    my only son will ‘NOT’ become a porn star!

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