iBankCoin

Ironically, Caught in the Vortex

All of my warnings about “doing the Hugh Hendry” and “getting caught in the deflationary vortex” has come to fruition, only this time with me in it. Granted, my losses could be greater, if I was “all in” long. But, they are enough to make me want to throw pickles at my screen. On a personal note, I am “all in” long, with exception to cash, which makes today’s “dip” so much more “eventful” and comedic. While it’s true, I can afford to lose a little, since I’ve made so much. I DON’T LIKE FUCKING LOSSES.

I offer no change to my strategy, only to suggest something is “fishy as fuck,” with TLT crossing over the rubicon line of sanity. Rates are going to zero and I want my 30 year mortgage at 1%.

Off to go for a walk.

NOTE
: Rub some VXX on your chest, if you are feeling under the weather—asshole.

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29 comments

  1. jg

    fig

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  2. FIG

    GIF

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  3. Kane

    Make sure it’s a long long walk…..

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  4. Sum_Ting_Wong

    Debt Summit is near…

    Don’t order safety nets outside balcony windows just yet

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  5. TMoe

    Ha Ha! What is the sound of one hand clapping??

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  6. buylo

    Fly, have you tired the new Kronos shampoo trial ? – see article top right corner this site

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    • J Slice

      You know that ad is based on your browsing history, right?

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    • Taco

      Block out all Internet ads by updating your HOST file on your PC. I haven’t seen a freaking ad online in some time. Some sites, like this one, you will need to add the domain of the ad server to your HOST file, but that’s simple to do.

      No more behavior tracking, ad cookies, etc. You can also block domains and IP ranges owned by governments.

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  7. Pete

    Sir, since you are going to the west coast next week, will you be going on Howard Lindzons interview show?

    It be great to hear how you learned to invest.

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  8. The_Real_Hmmm

    Bought some GAME for the fuck of it. Added to STU short earlier.

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  9. flyaway18

    Pretty soon tghe PPT will be signaling oversold, lol…

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  10. Prospectus

    The biggest travesty outside of the continuation of Barney Frank as a congressman is that mortgages aren’t down to 1% AND MORE. They should be paying ME to get my steady stream of cashflow. Even spastic retards could make a fortune at a 5% spread leveraged 12-1. Shareholders of banks are drooling idiots to pay the executives even one nickel in this environment of outright theft from savers and mortgage holders directly into the bank vaults while the Fed throws cocaine all over the NY financial district.

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  11. TA

    Energy stocks are still death

    On a positive note, your baby CMI continues to be money

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  12. TraderCaddy

    The Chevy Cruze they just had on CNBC reminds me of the POS Ford Maverick with the plaid seats that I owned in the ’70s.
    Crap.

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    • Trading_Nymph

      I was just googling it to look at it. FWIW, cuz I am cheap and I HATE investing something that looses value so fast like cars….I have found a great auto body guy that I can tell him the model I want, he watches the salvage auctions and finds one that fits…my last one had less then 2000 miles on it, rental that they crashed….I buy it and he repairs it….he is very good at it….new cars for less then $10,000 every time….and not lame models like Chevy Cruze

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  13. noodle

    I am fucking amazing.

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  14. Apocalypse Now

    In hind sight, like the folks from the blue collar comedy tour say – here’s your sign… copper, TLT, oil, and gold could have been indicators of a down market. Perhaps Spider crushers indicators could be added in the PPT algorithm if not already there. I know perfect doesn’t exist and therefore it is still being perfected.

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