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
23,443 Blog Posts

Fly Buy: FXP, SRS

I bought 5,000 [[FXP]] @ $70.85 and 5,000 [[SRS]] @ $86.12.

Disclaimer: If you buy the above ETF’s because of this post, the wood paneling in your office will fall off. And, you may lose money.

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9 comments

  1. crude

    i’m sure all you degenerate day traders have realized this by now but this mkt is impossible to day trade becasue stocks are moving in perfect negative correlation with oil which is totally unfukingpredictable.

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  2. larry

    Alias: BPOE

    GSI !!!! New Corvette ?

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  3. gappingandyapping
    gappingandyapping

    So it looks like things are back to normal with oil and ag leading the way higher.

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  4. WorkingMan

    Fly

    Looking to do my part here, ie:

    One Man.

    One Mission.

    Take Down China.

    ACH close to taking a third class vacation to Cleveland.

    Likely boarding the bus soon.

    By the way, the “gay giraffe driving an ice cream truck,” just too good man, too good.

    WM

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  5. Anton Cigur

    Fly –
    Your posts are studied more closely than Angelina Jolie’s ho tags.

    What do you think of putting on some RSX with that FXP trade as Russia is now “Putin” all over China? I’m long (and hard) both of these letter combinations.

    I’ll take my answer off the air.

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  6. The Fly

    Russia is not bad, since it is heavily oil/gas.

    A fine pair trade.

    Good job.

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  7. Anton Cigur

    Fly –

    I will sacrifice 100 bulls in your honor.

    Thanks.

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  8. JakeGint

    Sweet Jaysus, FITB hit the magical $18.98 again, bestowing it’s shortable blessings on the heathens twice in one day.

    As I said to Doocatscratchfevah regarding FED yesterday, “I hope you took advantage.”

    _

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  9. InternationalGroupie
    InternationalGroupie

    Read my comment in the peanut gallery just recently.

    The way i see things going:
    Drops on dow days when oil and ag stocks rolling over temporarily a day before.
    Dow slowly increases when most power behind oil and ag stocks.

    These two scenario fit smoothly with my previous comments.

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