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
23,449 Blog Posts

Fly Buys: VXX, TZA

In an effort to continue the “broken clock” trading strategy that I am pursuing, I made final purchases of both TZA and VXX ($29.20’s and $17.20’s respectively)

Disclaimer: If you buy the above stocks because of this post, your only son will become an avid Tea Party organizer. And, you may lose money.

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18 comments

  1. No One

    Dick Fuld for President

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  2. Zoodie

    patiently waiting for a Merlin post

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  3. Real Texan

    We are growing weary waiting for the pull-back and others are getting nervous holding thier longs. Hopefully, the gap from Monday morning will be filled tomorrow and we can get off the boat for a while.

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  4. Rick

    Yes I bought TZA, Yes, I am a Tea Party organizer and yes,yes of course I’m losing money

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  5. FIG

    WoW! Fly has dug his heels in. I really hope this trade works out for you buddy. For my sake and yours.

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    • xxxHuggieBearxxx

      Fly is a known heel-digger.

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      • FIG

        The good news is that the last time he was this bearish, the flash crash happened within a few weeks. He was early with that call, as he has been with this one. I wonder how long he will be willing to keep his positions with the market continuing to climb daily.

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      • drummerboy

        he may have,but he could very well be trading on,” when conviction trumps discipline” trade……..i know,i’m banned……..we all do it.show me one that says they havent,an i” show ya a liar.

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  6. bubo

    Remember, when S&P hits 1130 market will rocket and everybody will sell their shorts. And ya, Mondays it’s always up, and…. and…

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  7. PerpetualLoser

    Welcome to the club.

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  8. scott

    Oh no you dident

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  9. The_Real_Hmmm

    Tea Party “people” should be shown a video of how hot dogs are made. You don’t fuck with shit about which you know nothing.

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  10. Weezy

    Dow 36K Here we go!!!!!

    FIG

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  11. teckfin

    Fly, what’s your cost basis for $TZA after today buy?

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