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
21,506 Blog Posts

Fly Buys: $YY, $NSTG, $TRLA, $YELP, $BALT

Much to my surprise, the GOP caved after the Lew testimony. Based upon my over-arching bullish thesis, I am obligated to go “all in” on any news that we will not commit national suicide.

As such, I added to BALT, NSTG and YELP, while starting new positions in YY and TRLA.

http://www.youtube.com/watch?v=lRhNcH1aIf8

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28 comments

  1. tradercaddy

    Sure didn’t feel like the usual October
    bottom.
    No cascading waterfall.
    Nice and orderly.
    I would say whipsaw.

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  2. tradingnymph

    Fly did you see the HUGE 5% drop in the BDI today and 8% in the capes today. Totally makes sense with the move in Chinese Rebar since the end of Golden Week in China.

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    • tradercaddy

      No offense tn but you have waaaay too many indicators.

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      • tradingnymph

        I know there is only one Indicator needed these days, mainly the Central Banks of the World. But at some point they will fail to “fix” this mess and fundies may matter again. For me following all the indicators is the best part of all of this.

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    • jules

      BDI is down 1%?

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    • The Fly

      Yes, but only Capes were down. Both Supramax and Panamax’s were up again

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      • tradingnymph

        But the Capes are the Big Dog, the Pana’s and Supra’s haven’t been hauling as much grain, the Ore Traders have been splitting loads to use them vs the Capes. So Capes lead the way up, they should lead the way down too.

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    • duckkell

      I see a <1% drop in the BDI..can I see your source? link?

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      • tradingnymph

        Duckkell, MarineTransportation.com Capital Link
        Baltic Exchange

        Baltic Dry 2,011 (-5.36%)
        Baltic Capesize 3,621 (-8.54%)
        Baltic Panamax 2,027 (+0.55%)
        Baltic Supramax 1,175 (+1.12%)
        Baltic Handysize 630 (+0.16%)
        Baltic Dirty Tanker 591 (-0.67%)
        Baltic Clean Tanker 523 (-0.76%)

        As of Thu. Oct 10, 2013

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    • mr.partridge

      it’s a bull market you know.. bdi shmedi … get long and make $$$ I mean this is one of the easiest bull markets in history, seriously 😉

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      • tradingnymph

        Bubbles always pop. 🙂

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        • mr.partridge

          yes they do… it’s your job to make $$$ trading not state the obvious 🙂 will all due respect…
          you’ve been bear forever, what is the point? eventually you would be right, but so what, evetually everyone is right 🙂 as nothing is forever.
          get back to $$ making and enjoy the trip, JMHO of course.

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          • tradingnymph

            Mr. Partridge, I don’t have the vast experience as you or Fly have. I am allowing myself to study the anatomy of a bubble from start to finish. It was easy to see it form in 2009, it looks like Top to me.

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          • tradingnymph

            Well actually the top was Sept 18 when the world realized that if the FOMC can’t add to stimulus the markets must go down.

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        • bood

          not really madame ( just philosphy not pun )

          then talke into account you could no see this bubble ( or the next or whatever ) deflate , as there’s someone backing it , and then there will be someone else backing it in another way .

          the universe ,have the shape of a big bubble that’s inflating and diversificating from the beginning to forever .

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  3. acehood1

    TRLA is a dog with fleas au moment du jour.

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  4. mr.partridge

    amazing day

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  5. hattery

    “Bullish” wins again.

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  6. mr.partridge

    OH hat tip for that BALT boss … very very long ovah here 🙂

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  7. tradercaddy

    Okay.
    I’ll say it.
    AAPL breakdown this pm will be a drag.
    I won’t see it though- going for a bike ride.

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  8. bood

    there’s a better time for buy-in this tape ..there’s some gap open ( today opening ) to close..

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  9. gatorsun

    NSTG certainly saw IBC group moved this stock

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  10. trendfollower

    Fly
    Take a look at DXM potential mega runner cash twice market cap

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  11. gatorsun

    ALJ loaded up yesterday 8.80 for all you haters

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