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: VXX, CGA

I bought 2,000 [[VXX]] @ $20.25 and 5,000 [[CGA]] @ $13.60.

Disclaimer: If you buy the above stock because of this post, your local congressman will seize your email accounts and publish its contents in your local newspaper. And, you may lose money.

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13 comments

  1. Prince Alwaleed

    Mister Le Fly and I should do a deal together. Kingdom Holdings + Le Fly Holdings together at last.

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  2. nickfenton

    Keeping my VXX position where it is, but added to CGA with you. Really like the action in that name. The relative strength in today’s market speaks volumes for it. Solid call Flizy [fleh-zz-eye].

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  3. tradingnymph

    OK looking at your entries….the fly doesn’t use fibo at all?

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  4. panamaorange

    Out of IWM and XLE shorts here.

    Picked up DBA long at 24.44.

    I have a good feeling about food futures here

    http://www.youtube.com/watch?v=JA1wrvqDRNw

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  5. needle dick the bug fucker
    needle dick the bug fucker

    Put in my mug order… that will sit on my desk next to my Brass Bull!

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  6. henryfool

    I’m sorry I can’t hear anyone over the sound of how awesome I am!

    http://ibankcoin.com/henry_fool/2010/04/27/be-a-player-dont-get-played/

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  7. joe

    I added to GS today as well. If the stock didn’t fall apart today, it’s going higher. I would love to see it at 130s and would build a real position. Let it be known that I hate GS and everything they stand for and all the crimes they commit but it just might be a good investment!
    I am a little more nervous about the market as a whole though. I am afraid that if PIIGS start unraveling, it will take our market with it as bank countter-party risk start to materialize.
    I believe we are at a junction where this liquidity induced rally might be drawing to an end due to Euro zone implosion.
    VXX might be a good place to go to, if only as a hedge to your long pos.
    GOOO TLT 🙂

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  8. SpartaDave

    You bought the VXX at high of the day Not too smart. It is buy low sell high not the other way around IMO

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  9. scott

    VIX up 30% VXX up 10%. What a friggin rip!

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