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Trading with The Fly

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
23,431 Blog Posts

IT’S STARTING TO GET REAL COLORFUL AROUND HERE

Dr. Fly Tue Dec 9, 2014 1:46pm EST 8 Comments

I added to SLCA, BTU, YELP and GPRO.

I thought the market would reverse after seeing early strength in energy related names. Truth be told, oil is flat today, so tomorrow has to be a bounce day for the commodity else oil names will get crushed again.

Nevertheless, I felt this was a better than average shot at a tradeable bottom, with The PPT flashing Oversold this morning and all. If we bounce here, expect to see Jack in the Boxes appear on this site, knifing you in the face for talking all that shit.

UPDATE: I sold HGG and bought FMSA

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8 comments

  1. kevin3210
    kevin3210
    December 9, 2014 at 2:01 pm

    GPRO XMAS target?

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  2. rigged game
    rigged game
    December 9, 2014 at 2:07 pm

    How much ould you add, Fly? You had only 10% cash.

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  3. bruce keller
    bruce keller
    December 9, 2014 at 2:16 pm

    Nooo Fly.

    Well God Speed. I’ll be loading up on some puts tomorrow if we gap up on most indices but not RUT.

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  4. gorby
    gorby
    December 9, 2014 at 2:16 pm

    That bounce in your step is
    contagious

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    • 0 Deem this to be "Fake News"

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