I bought 5,000 ERY, sub $35.
Disclaimer: If you buy ERY because of this post, in the year of the pig, menacing armies from the east will afflict irreversible damage to your nations treasury, amidst the black smoke, you will choke. And, you may lose money.
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Is this a texas two-step hedge for ERX?
Fly are you bearish oil or the services/companies or both?
Fly,
Just a reminder…never ever buy 3X etf’s.
Pete
I just shorted HK @ 18.40. What do you think Fly?
I am so bored this PM that I have decorated my office with Festivus decorations. The Festivus Pole this year is rather shiny.
Happy Festivus, TC!
I like that FT, i may take that trade.
Time to pack my bags for a long Caribbean cruise till 2nd January. Where shall we go? What islands need our tourist dollars? Let’s go where the dollar is best before it drops off the cliff.
I am tired of all this depressing depression.
Time to spend some cash….
Back at you mdawsz.
May all your Festivus Holidays be filled with Costanza like successes.
Fly plays those ETFs like a turf handicapper.
Congrats to “The Fly” on the Golden Bloggie Award given for 2008’s best First Tier Blog. IBC is No. 1!
S&P gets to 879, put on your seatbelt for a wild last hour down.
Uh oh, only took 3 mins after I posted for the S&P to drop off the remaining 4 points to get to 879. Down we go.
Prepare to have your face shit on if you are long the 3x’s
What’s with the negative correlation between GS & FXP? Is it just the financials in general? Could FXP make a run above $50 anytime soon so I can get the Hell out?
Fall UYG FALL!!!!
Jamie Dimon tanked the market.
I’ve never shorted a stock in my life. Two days ago I bought some SRS as a hedge.
The power of the dark side… feels… great!
Jamie did NOT tank the market, I listened to that entire interview breaching support on spx…got all the shorts (bears) ….’fired up’ for a ‘fire sale”
Fly,
Are you selling any FAZ here?
Think ChiComs will synchronize a clown dive with US markets into a water glass tomorrow via FXP?
Thanks.
Right.
It’s just a coincidence that volume in both JPM and SKF spiked immediately after Dimon described both November and December as “terrible” months.
tomorrow buy the low….after DD chimes in with a warning/told you so post.
It depends on how one defines terrible.
1933 terrible or 1891 terrible?