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
19,445 Blog Posts

Fly Buy: $TLT

Playing my part in bringing forth the deflationary vortex to America — I stepped in and bought some TLT.

If you enjoy the content at iBankCoin, please follow us on Twitter

14 comments

  1. mactrader

    Same here….Now I’m scared

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. ferd

    That is the trade of an old man looking to move south.

    • 1
    • 0
    • 0 Deem this to be "Fake News"
  3. edge

    Yep. I’ve lost almost everything I made yesterday. The end of the bull is near.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. edge

    Bought a few SPY Dec 2021p. First of many.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. og

    You jinxed us with the stocks don’t go down on Fridays.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. ferd

    Your big white candle is being Lovelaced.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. edge

    TMF is a 3x version of TLT.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  8. numbersgame

    The smart money bought Treasury bonds on Wednesday.

    The FED has decided not to raise short-term interest rate, right? The market had other ideas. Check out 1-month bills: they are at a multi-year high (2.51%). Why? Because investors know that 1-month isn’t enough time and are selling those for longer maturities.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • edge

      …I thought I had more time…
      That’s tradin’. We are clearly in the chop phase, on our way to the bear. Very hard to trade. Best bets- some NUGT, TMF, leap puts, and patience.
      Any longs will be quickly sold for gains or loss cutting. Shorts will be similarly tricky.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  9. ferd

    Sold last today expiry puts …market usually does all its moving on Friday morning and trades narrow in the afternoon. Who knows – eh?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  10. magat

    >> Stocks Cannot Go Lower Now — Nothing Can Stop Us

    No wonder you still have to sell “Exodus” memberships to make ends meet after all these years.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  11. edge

    JFC. T-rump wants to place a Larry Kudlow clone on the Fed board.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  12. cancel19

    Last time I was in the Ark my section got flooded, I got kicked in the head by a donkey, and a goat ate my hat!

    • 0
    • 0
    • 0 Deem this to be "Fake News"