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
23,558 Blog Posts

YOU CAN’T STOP THE BUYING

Did you see today’s action, or did you just read about it you fucking lazy slobs?

This is textbook bottoming out action. Even if we’re heading towards a bear market, the most furious rallies can still occur. What you’re about to bear witness to will, in fact, be legendary.

“The Fly” stepped in like a gladiator today and bought a fuckload of stock. At the close of trade, he bought a lot more. The last was a double up in both SOXL and TQQQ.

Cash is now zero percent. I am 100% long, via SAAS plays and 3x upside ETFs — outrageously confident that nothing can go wrong — because I’ve been selected to enjoy winship on a scale and time of my choosing.

I choose now. Bet against me, lose your house, wife, and even your kids.

Ciao.

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19 comments

  1. speerothekid

    Market goes up from here

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  2. it is showtime

    DB Death Watch
    (extra halloween)

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  3. s.k.

    Brass balls. Well played Senor.

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    • heckler

      “The Fly” is one thousand years old and his balls are made of petrified wood

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  4. Dr. Fly

    My balls are made from ceramic.

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  5. staten island comez first
    staten island comez first

    the Fly is God.

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  6. numbersgame

    I have a QQQ 175 calendar call spread and a 155 calendar put spread. Ideally we hit 175 this week and then 155 within the next two.

    On the other hand, as joyous__ending mentioend, Thanksgiving may postpone Armegeddon. There is no impending crisis. Worst thing for stock is Dems win the Senate, but even then it would be be awhile before they could undo the windfall to the wealthy that the Republicans put in place for the 1%, but could be the knee-jerk panic that sets into motion valution concerns again.

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  7. superbus1982

    I got long today, but definitely not betting the house on this considering we didn’t get an index capitulation move. Could see be good tomorrow. Good luck

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  8. thehouse

    V-Shaped Rally Coming

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  9. og

    Everything was good until FB conference call. WTF…

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  10. blackgld

    100% long and FB bouncing back AH. Market will rip higher tomorrow.

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  11. awanka

    Wild AH ride by FB. I think tomorrow is going to be a beautiful day, Mr. Fly.

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  12. dae42

    Well played, Señor Tropicana

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