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
23,424 Blog Posts

Let the Face Ripping Commence

Merlin
Poof! All of your gains in UVXY are gone.
-Merlin

How’s your UVXY now, fucked face?

Top positions: TRN, FMSA, CYBR, WRE, CLR, LITB and SLCA

 

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26 comments

  1. Jesse Livermore's Ghost
    Jesse Livermore's Ghost

    This will be the bears and VXX cretins when we retest 2K.

    http://imgur.com/TaYZQc6

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  2. schizo168

    uvxy will come back and haunt you later time

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  3. tradercaddy

    Next thing you know we will be seeing the golden bull coming out of the vault.

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  4. matt_bear

    I went toe to toe with the devil holding a portfolio full of VXX puts.

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  5. paradox

    No position, but I do note that atm UVXY and VXX are still positive for the day…

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  6. Jesse Livermore's Ghost
    Jesse Livermore's Ghost

    haha “fucked face”. gets me every time

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  7. tradercaddy

    You know the Russell 2000 has stalled out here and as it was the leader the last few day it would behoove one to watch it.

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  8. frog2

    chain all VS, I ain’t with the BS
    catch me in the city riding hard through the BX
    skinny nigga, but I do it large like a 3X
    the last nigga that tried to do me wrong umm he checked

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  9. J Livermore

    What’s worse being a “fucked face” or being “face fucked”?

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  10. nautique99

    CNN saying Ebola crisis over.

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  11. bruce keller

    I got screwed on my oil trend, but my $IWM trend was spot on, so was my red guess, roughly. Tomorrow could gap open and flush people.
    http://i.imgur.com/k7PgnkM.png

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  12. alf44

    .

    … what does LITB do ?

    .

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  13. Jesse Livermore's Ghost
    Jesse Livermore's Ghost

    Speaking of face ripping and The Fly, this clip seems appropriate (warning graphic)

    https://www.youtube.com/watch?v=_kgNL1tYFvc

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  14. danny1980

    Dip my hand into some UVXY puts $40 strike.

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  15. EC

    Any concerns about the litigation going on with TRN? Is this just a quick rebound play?

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  16. Jesse Livermore's Ghost
    Jesse Livermore's Ghost

    Buy when there is blood in the streets.

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  17. mamoore9

    So Sethster is annoying, right? I think he and the vix-a-lots are foolish to hold here, but he prompted me to read again about the effects of backwardation vs contango.

    The fact that uvxy is still up over 6% at the moment while vix is down to flat is enough to rethink the prudence of my (small) xiv position initiated at twenty-five. Backwardation seems to be a sufficient drag for shorting volatility instruments. I won’t overstay and will be out if the rally fails.

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  18. bruce keller

    Ok going semi bearish, got TSLA puts just in case.

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  19. dewey dortmunder

    Wow, Rick Ross showing off his suet in all white gear.

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