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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
23,427 Blog Posts

The Allocation is on Hold

Dr. Fly Tue Jul 29, 2014 11:13am EST 9 Comments

I only bought ZPIN, which is a trade. I don’t want to micro manage entry points in what will probably be 5 year holds. However, the news about new and effective Russian sanctions, followed by a sharp sell off in the markets, has me waiting for lower prices.

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9 comments

  1. xxxHuggieBearxxx D.P.M
    xxxHuggieBearxxx D.P.M
    July 29, 2014 at 11:21 am

    Damn the russians for always screwing everything up

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  2. rahagar
    rahagar
    July 29, 2014 at 11:30 am

    Have a couple of vodka’s and wait it out.

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  3. Kramer (not frog)
    Kramer (not frog)
    July 29, 2014 at 11:31 am

    what does all dis geopolitical problems stuff have to do with the price to earnings ratio of Bristol meeeeeyyyhyytrzzz

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  4. xxxHuggieBearxxx D.P.M
    xxxHuggieBearxxx D.P.M
    July 29, 2014 at 11:36 am

    I sold my TNA on this note, which saved me a little bit of money at the moment. Hat tip…

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