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
23,433 Blog Posts

Fly Buy: $TLT

This is a large purchase, which is replacing my cash for the time being.

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24 comments

  1. xxxHuggieBearxxx D.P.M
    xxxHuggieBearxxx D.P.M

    why did you decide to do that

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    • Dr. Fly

      Because rates are going lower.

      Did you see 10 yr German bunds?

      US will catch up and TLT will go higher, especially during August.

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      • Trent

        Dr. Fly,

        When you send these buys to us, are they ever call options or always stock? Do you ever take options instead of stocks?

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    • Jon V

      Huggie – You mentioned you are down big this year? What happened? I thought you were heavy in EWZ?

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      • xxxHuggieBearxxx D.P.M
        xxxHuggieBearxxx D.P.M

        I made some stupid trades with TNA/TZA. I also had one losing trade on FXI before EWZ. I sold most of my EWZ this morning and all of my TNA when the russia thing hit.

        I am down roughly 5% on a consolidated basis, but more like 10% in my trading account.

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  2. Flyboy

    Interesting. Think the 10 year sees 2.25 this year?

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  3. UncleBuccs

    Dr. Fly, I truly think we’re going to be ok, here. I realize that’s a meaningless statement… On another note, I was wondering if you might subscribe to the belief that you & I are the genuine Israelites, and therefore God’s true chosen people? http://jahtruth.net/britca.htm

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    • Dr. Fly

      I don’t believe in fairy tales, like God.

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    • Rhino

      I read that, don’t know how I feel about it.

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    • J Livermore

      Israelis God’s true chosen people = Stone aged thinking, hence constant war with others of stone aged ilk.

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      • jules

        Technically we are all from Kenya.

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      • UncleBuccs

        I just enjoy the notion of being the ‘favorite’. I quite often attained the status of teacher’s pet back in my schoolboy days, as well….

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    • heaterman

      It’s a big steaming load of bullshit Uncle Bucs. Notice at the end of the manifesto all scripture quoted was taken from his “own newly completed translation” of God’s Word.
      Grab yourself a translation done by scholars using the best available linguistic tools and read those same passages the author quotes…….

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  4. bruce keller

    Bruce Buy: VIX, lol.

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  5. AAPL to a Trillion
    AAPL to a Trillion

    PKX to 100

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  6. budh

    TLT is too boring.

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  7. Noni Kavuri

    is there a website to look up interest rates on bonds in other countries, Germany, japan, England, spain, etc.?

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  8. nd4spdgt

    I just got 66 trade alerts from you. You’re buying a little more than just TLT.

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  9. drake sucks

    CLF…

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