An oversold bounce was had today, as traders sashayed (no homo) in and out of stocks to their wicked hearts delight.
As for me, I allocated more funds into AMCX and now hold around 20% cash. I think I’ll hold suchness into the maelstrom of the next two days. Sadly, we are to be without trading in China for the remainder of the week, as the dog-eaters take holiday to bask in their never-ending field of lies and deceit.
“The Fly” was up around 0.4% today, an otherwise meaningless day for the First Estate. The good folks at Exodus had advanced knowledge of today’s melt-up and were able to partake in the grandeur of TQQQ, FAS and other fanciful ETFs of extraordinary measure.
The market has bottomed. Trade accordingly.
NOTE: I am long BIDU.
If you enjoy the content at iBankCoin, please follow us on Twitter
How about some baby fucking abandonment to the upside?
Not to be confused with fucking anchor baby abandonment, of course and indeud.
Showtime! Bad day for the inverse ETF’s…
Seriously? Tracking a permabear’s daily?
(stillupover20%)
I’m thoroughly fascinated by you. You have been bearish for 6 years. When did you put the inverse etf’s on. August 17th?
i ONLY care for fortune-made 1929 Jesse Livermore style. (without killing myself after)
5 years. traded off of March 09
This is no whipsaw.
This is the greatest bear trap man has seen.
Last Monday? The shitty platforms crashing? Who do you think lost out on that more? Da Bears.
Got them chasing. Scored near long term downtrend techs, especially DOW.
NEAR Bitches.
The perfect W from the early afternoon is a preview of what’s to come. Plenty of bear blood to be had in the coming weeks.
I am going to take all you money Bruce. I am sorry.
Enjoying the 2011 (not the year) s&p breach
Moron
OK, I’m slightly less emo about NFLX now.
more and more attributes of a bar market
bear
.
Fuck the color blue … I’m gonna go eat a steak !!!
—–
Is it just me … or, is that hilarious ?
Laughed out loud a few times today at that line !!!
😆
.
.
probably just me I guess !
.
I’ve noticed that instead of banning people you’re calling them “morons”
Fly, this is one of your better posts.
No Caitlin crying and no unmerited egomaniac. I’d like to see this Fly more often.
I’d like to see IFLYJETzZZ shit the hell up.
LOL!
I have a great deal of respect for The Fly. I just hate it when he makes jerky posts like he’s channeling Simon Hobbs or weepy posts like he’s channeling Caitlin Jenner.
I prefer the stoic ‘calm under pressure’ but without an outsized ego posts. The Fly’s got some brilliant insights but they get lost in translation when he lets his emotions/ego take over.
That said, I can shit up shut up, whichever you prefer. I’m just looking for investment insights and The Fly’s got a damned good track record.
I do let me emotions get the best of me, but only in writing. My actions are far more ‘calm’ than my words.
SHUT*