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
23,433 Blog Posts

Fly Buy: TLT

I bought 20,000 [[TLT]] under $90.30.

Disclaimer: If you buy TLT because of this post, The Fed will raise rates tomorrow. And, you may lose money.

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31 comments

  1. Purdy

    ‘My Lexus accelerated. It kept going faster and faster and faster …to over 100mph. I used the bluetooth to call my husband …knowing that he couldn’t help …I just wanted to hear his voice one last time. Then I prayed to God.’

    Then I did my nails and added eyeliner. I did everyfuckingthing except turn the car off and/or take it out of gear. I am too dumb to drive.

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    • TheArtist

      eggzackly

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    • Dirk Diggler

      Holy fuck that was funny

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    • Teahouse On The Tracks
      Teahouse On The Tracks

      With those new “push button” (really retro) starters, people don’t know that they need to hold the button in for three seconds to shut down the engine … I’ve heard that over a certain speed you can’t slip it into neutral to prevent over revving the engine and blowing it up. Braking alone at high speed will not help …. Banzai !

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      • Dirk Diggler

        “I’m always on the road, and I drive rental cars. Sometimes I don’t know what’s going on with the car, and I’ll drive for ten miles with the emergency brake on. That doesn’t say a lot for me, but it doesn’t say a lot for the emergency brake. What kind of emergency is this? I need to not stop now. It’s not really an emergency brake, it’s an emergency make-the-car-smell-funny lever. ”

        -Mitch Hedberg

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    • NB

      fyi If you have an automatic transmission, many cars can’t be taken out of gear while accelerating.
      The gear shift will move but it will stay in gear.
      w Manual transmission; no problem
      accelerating and braking at the same time – gas wins

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  2. scum bucket bitchez
    scum bucket bitchez

    The chart guys are going to eat their own livers when the H&S breaks the wrong way. heheheheheheheh!!

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  3. monaybot

    shorting commercial re today

    yo

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  4. Pensioner

    Fly, you are going to LOSE on this trade. USA long rates will go UP to
    stay in synch with the rate hikes of other countries.

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  5. Yes Man

    That’s one hell of a bet right there.

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  6. xxxHuggieBearxxx

    Fly, brother, you missed the correction. It already did done happen. What we have here is just a dip. Just a little profit taking off an overbought situation.

    We are now in the recovery after the correction.

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  7. TraderCaddy

    Daytrading KRE (small regional bank etf) with some success today on the long side.
    If I was a longer term trader I would guess that the banks earnings should keep improving because of the increasing slope of the yield curve.
    Unless of course there is no business or consumer lending, which is possible.
    Just a thought.

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  8. Dr Fly

    I am not short. I am long treasuries.

    You fuckers need to shut up and observe. I’ve earned that much.

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    • monaybot

      I thought fly would buy more, needs it 2 bandage bleeding longs. ..
      yesterday he was light in it imo…

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  9. Dr Fly

    I sold some more of my longs today. I allocated 10% of assets in TLT.

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  10. Hmmm

    Who in the fuck is this guy on CNBC right now? He’s in our gubment?

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  11. GETGroup

    If I see anyone talking about a Head a Shoulders pattern while holding down a day job at Mcdonalds, Best Buy or any other sub 140 IQ job….I’m gonna start shooting puppies

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    • monaybot

      your a asshole

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      • Google Translator

        CLASSIC!

        You said:

        “your a asshole.”

        If you are going to insult somebody, use Google Translator you non-English speaking mother-fer. That or the US public school has failed yet another.

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        • Inglorious Basterd
          Inglorious Basterd

          If I see one more fucking faggot using pseudo swearing on this website, I’m going to start popping kittens’ eyeballs out of their sockets with a spoon.

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          • TurboTax

            If I see one more skinny bastard anonymously posting about what they would do … I swear I’ll do nothing except make more money tomorrow and pay less taxes so you and your family can’t get the financial aid I know they’ll need.

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      • GETGroup

        and…

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  12. TheArtist

    Halt!!!!
    BRIDGEKEEPER:
    Who approaches the Bridge of Death
    Must answer me
    These questions three!
    Ere the other side he see

    MR. LENTZ : Ask me the questions, Bridgekeeper. I am not afraid.

    What is your name?….Mr. Lentz
    What is your favorite color?…….blue
    What is your quest? ……..I seek the holy grail

    o.k. off you go.

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  13. BigMike

    Who here downloads free movies off the Torrent? That’s right…

    Top Pick: SHORT NFLX

    Indeud, the movie business just like the music business will suffer a horrific fate, and I will be there to milk the cow. You can download a full movie with DVD quality in less than 15 minutes.

    If that theory does not play through, Steve Jobs will bankrupt Netflix as he is a leprechaun.

    Either way, Big Mike wins…

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    • StocksRider

      Big Mike, while your conclusion may still make slight sense, your logic doesn’t. Torrent will never give Netflix run for its money. Netflix distribution model both online and offline is extremely efficient, effective and designed to produce max revenues.

      Shorting NFLX may still hold water for few simply because of WMT eyeing the same market with renewed vigor. That being said, shorting NFLX is more risky than doing nothing or going long because NFLX will and always remain a lucrative acquisition target. Its not a question of “if”….its just a question of “when” it gets acquired.

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      • BigMike

        I was just trying to be humorous…

        My real thesis for shorting NFLX is a valuation basis while I also agree of the possible headwinds the business model face.

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