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
23,419 Blog Posts

DAMN THE ROBOTS: I AM BUYING MOAR

I added to SLCA, TRN and CLR.

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42 comments

  1. xxxhuggiebearxxx

    This would be a great time for you to be right.

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  2. daluke

    I am being moderated now?? WTF

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  3. bchu12

    I feel like Le Fly is in kamakazie mode.

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  4. edgar

    repent sinner, for ye have abandoned the lord thy TLT

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  5. xxxhuggiebearxxx

    It is simply un-American for them to allow the market to close going into the weekend without a proper rally, given what has taken place this week.

    It is someone’s damned job to make sure we all feel good enough to go out and eat and shop this weekend like proper consumers.

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  6. Verona Gentleman

    Go big or go home

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  7. gregnb

    boy, if i wasn’t already 100% invested and getting my balls lit aflame in every position I’d be there right with ya on the SLCA. people are going to look back at what a great entry this was.

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  8. xxxhuggiebearxxx

    Its over….we are going back down….this is a dire situation.

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  9. from gorby

    There were times over the last 24 months I
    felt I knew what I was doing-This week
    not so much.

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  10. billiejones

    Mr. Fly,

    Hypothetically, If you still had your TLT position….would you be lightening up here, selling all, or holding? Thanks for any input.

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  11. the profit

    I will eat your margins for dinner Fly.

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  12. xxxhuggiebearxxx

    Nothing but death and mayhem awaits us.

    Most likely EBOLA is way more out of control than the general public realizes.

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  13. xxxhuggiebearxxx

    Where are the Gentlemen of yester-year who used to properly buy a friday afternoon dip?

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  14. the profit

    No one really cares about Ebola. Eurozone is in recession. China is faking a 7pct gdp. Oil has collapsed into the abyss.

    Welcome to the new new new normal – 3pct risk premiums instead of 10.

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    • metalleg

      Ebola will be big news this weekend and unless they find a cure by Monday night, I see more red next week. More likely there’ll be some bad news over the weekend on the Ebola front than good news.

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  15. sethster99

    While Fly flip flops and then buys more junk, UVXY goes crazy to the upside. Who do you trust?

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    • Dr. Fly

      Do you consider CLR, SLCA and TRN junk? If so, you are a damned fool. Good luck having your balls sliced clean off in UNXY.

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      • sethster99

        Well, they are not junk, they are long equities, which are not in style right now. I trust in Chess. And I am not concerned about UVXY’s swings right now. The VIX has plenty more upside as the market continues to crumble. I will take the trade off soon, after a cool 50-75% gain.

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  16. granpa

    Fly, quick lookat CNBC, they have a time machine too. Look at Becky Quick in 30 years.

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  17. bruce keller

    Right here is where all the voodoo TA that wasn’t working for a while is finally working again. That’s what keeps you sane. If uncertain, just don’t have any money in during very uncertain times. You may miss some coins, but you’ll miss the steamroller too and can get in a more confirmed profit.

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  18. alf44

    .

    … seem to be drifting back into …

    Hunt For Red October waters !

    .

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  19. og

    Round tripping. Ughhhh

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  20. the_wolf

    lower into the close,
    i hope the bots don’t kill you sir (extra Hal, 2001- space odyssey)

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  21. smartestone

    these eggists keep selling

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  22. xxxhuggiebearxxx

    I really dislike this week. NO doubt we are near a turning point because i am extremely close to capitulating.

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  23. magptrader

    1850 looks like a possibility but we need to bounce here…

    BTW, no POMO fridays in Oct…go figure

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  24. xxxhuggiebearxxx

    Its over. I lost. Game over.

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