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

No Fear

When dealing with time machines and such, one has NO FEAR, while investing in the stock market. Most of you are well aware of my positions and understand my abilities to turn rain into rainbows, like a fucking magician leprechaun, are not only ordinary, but expected.

Yes, I will hold VXX and buy more lower. However, for now, I am enjoying my longs, as the sprint higher into Elysium.

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27 comments

  1. I Leech

    FIG

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  2. JuiceyFruit

    Da flea is taking it to a new, higher ( than you ), level.

    Poetry in motion.

    Good, on ya, mate. 8)

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  3. panamaorange

    Long 2 small DXD positions at 28.40 average.
    The fact that this market is going parabolic on a 4 hour old rumor, is somewhat absurd.

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    • Yogi & Boo Boo

      You’re paper trading, right?

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      • panamaorange

        You used to complain I was too bullish. Now, you’re claiming Im paper trading for calling out 2 small short positions. Did you get shaken out of being bearish that easily?

        I love how you just randomly appear out of the shadows to criticize other posters,without ever risking any calls yourself. Very Zen.

        http://www.youtube.com/watch?v=NAHj8CqZPHE

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        • Yogi & Boo Boo

          So sorry. All of my trades and positions are posted in the PPT. Unfortunately I can’t remember every random comment I make. It just seemed (to me) to be a rather strange time to be fading a rallye [sic]. Good luck with the trade.

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  4. The Big Ragu

    Fly, PPT seems to be getting better with age.
    Is it teaching itself?

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    • Purdy

      On August 16th it will become self-aware and eliminate all human traders.

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  5. Vegas Martin

    If this market continues higher, may I recommend this video for an article:
    http://www.youtube.com/watch?v=7ISSqHLN_4k

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  6. arch

    came home early and to be honest thought i was going to see carnage ..bodies and souls every where..in a way im glad and in another way im not ..if that makes sense

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  7. No One

    NVDA to 40
    X to 200

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  8. Alvari40

    Fly,

    Nice call on the reversal yesterday (especially if this fucker holds).

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  9. The_Real_Hmmm

    Anyone want to take a bet on some long dated Brazilian interest rate puts? The BRLUSD is having a tough time getting any stronger and inflation is taming. That massive positive carry will likely unwind when construction for the World Cup in 2014 and the Olympics in 2016 will have to be started.

    J or Fly- you got any quotes for this on your Bloomberg? I don’t even know, are these OTC? Just curious what the strikes and quotes were.

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  10. hubbs

    Fly – will you buy more VXX today? I am following your trade here.

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  11. alphadawgg

    S&P made a pullback above 1040, to a lower high again, after breaking down through the 1040 level for the 3rd time in two months. Classic pattern for a short. The trend is down. Bring it.

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    • rocktologist

      The right nut of the “Cock and balls” pattern on the S&P is currently forming. Rallytime!

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      • Fly Leech

        Is that the “Erect” or “Flaccid” pattern you’re holding?

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  12. bill

    Fly,

    Is it possible to trade rydex funds using PPT, i can only trade 2 time a day on rydex funds( trade at 10am or 4 pm) and only bench mark index funds. In other words will PPT subscription help me much as i will be a much slower trader than rest of the gang.

    thanks
    Bill

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  13. Dayman

    Quite an egregious turn of events… This is no time for sandwiches.

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  14. TheV.King

    8 PLATES 6 TIMES THANK YOU!

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