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
23,441 Blog Posts

Fly Buy: TZA

Rolled in around $32.38.

UPDATED:
Added at $32.20

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8 comments

  1. jg

    fig

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  2. TheV.King

    V.King…trading IOC for the 21st time
    selling it @64

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  3. John

    Here’s more math for ya, Sorry for the length but it’s worth it.

    What Makes 100%? What does it mean to give MORE than 100%? Ever wonder about those people who say they are giving more than 100%? We have all been to those meetings where someone wants you to give over 100%. How about achieving 103%? What makes up 100% in life?

    Here’s a little mathematical formula that might help you answer these questions:

    If:
    A B C D E F G H I J K L M N O P Q R S T U V W X Y Z is represented as:
    1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26.

    Then:

    H-A-R-D-W-O-R-K
    8+1+18+4+23+15+18+11 = 98%

    and

    K-N-O-W-L-E-D-G-E
    11+14+15+23+12+5+4+7+5 = 96%

    But,

    A-T-T-I-T-U-D-E
    1+20+20+9+20+21+4+5 = 100%

    And,

    B-U-L-L-S-H-I-T
    2+21+12+12+19+8+9+20 = 103%

    AND, look how far ass kissing will take you.

    A-S-S-K-I-S-S-I-N-G
    1+19+19+11+9+19+19+9+14+7 = 118%

    So, one can then conclude with mathematical certainty that While Hard work and knowledge will get you close, and, Attitude will get you there, Bullshit and Ass kissing will put you over the top

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  4. Tony

    The shit I’m short (IWM and RIMM) are flying higher off today’s low. The shit I’m long (AAPL) aint doing squat. Looks like its one of those days.

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  5. ALLPROz

    Ouch…TZA…u truly are a glutton for punishment…

    Triple ETF’s are cast by the devil himself!

    ALLPROz

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  6. Kreizi

    Losses must be cut. Out of TNA -2.5%.
    And why did I suddenly want to become a bull if only for one day? Should have read some math before…

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    • derrr

      market is driven by emotion but masked by reason. Actually the emotion is masking survival instincts which seek pleasure avoid pain.

      Basically your left brain thinks it’s in control, while the right brain is taking orders from your mamelean and reptilian brain and giving orders to your left.

      Unless you can learn to ignore your instincts and emotions and just do the math, you will continue to do weird things like that.

      That explains why the market gyrates 3% on days when the value of all companies remain basically unchanged.

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