iBankCoin

Bonds Went Up and a Cocaine Party Broke Out

Back to back cocaine parties. Dare I say “the bull is back?”

I don’t want to jump to conclusions. But I think the worst has passed.

As such, I bought UNXL and OWW into strength.

My largest position, IMMR, was dead money today, similar to many, many tech names. Maybe it had to do with AAPL’s weakness. But I don’t see why, since IMMR is the anti-AAPL play, leveraged to the Samsung Galaxy and Sony PS4. I think big things are in store for the company, over the next 6 months.

It looks like end of quarter window dressing. I will try to be methodical with my purchases. However, I promise you nothing, as I have a tendency to become frantic when it comes to cocaine rallies.

 

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31 comments

  1. TheHarper

    “I love cocaine!”

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  2. flyaway18

    wow, look at HYD getting the love, for the love of High Yield Muni Index.

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  3. charles c

    hmmm,,,i was selling into this rally,raising cash,we shall see

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    • bundesbank bunny
      bundesbank bunny

      yeah;; when I sell you my longs as you beg to get back in… yes indeed, “we shall see”

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      • charles c

        just sharing my thoughts ..if ya want to go bad ass with me ,,lets do it

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        • Jake the Rake

          I have posted many trades here these least many days. All winners. Fuk the trolls
          Of which there are several here that want to suck your coin.

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    • Jake the Rake

      Woes hall see when your stupid toll head gets chopped off. Post your trades troll..

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    • Jake the Rake

      Hmm I was selling into this rally. We shall see. Yes we shall. And what pray were you “selling” ?. Post it shithead..

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  4. djmarcus

    Hat tip to PPT.

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  5. xxxHuggieBearxxx
    xxxHuggieBearxxx

    This rally does not impress me, but i think we will chop around for the rest of the summer. We’ve seen the lows for a bit.

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  6. Roach

    I’m diggin’ TXTR, anything particular you like about it?

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  7. Freebie

    Didn’t you say out of IMMR by July 4th?

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    • The Fly

      Hopefully. But I am thinking short term. If I allowed myself the latitude of going out 6 months, I am almost certain IMMR will be more than $20.

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  8. razorsedge

    cree.

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  9. razorsedge

    fslr.

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  10. razorsedge

    vnq

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  11. It Is Showtime

    If china does some stimulus move, which they wont, because all they had the other day, was a rumor, of a press conference, and then a press conference, not addressing stimulus.

    That would be the tell for rally. Otherwise too much dislocation. Gdp down, revs/sales/jobs will be down. Commodoties/copper crushed. Oh and AAPL. Poor poor AAPL…

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  12. Jake the Rake

    Hat tip to Chess, called out the CPL
    few days ago. and a hat tip to other contributors that post real trades..

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  13. Jake the Rake

    and may the rest of you flotsam and jetsam go out with a Fukushima tide..toxic asswads all.

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  14. Jake the Rake

    None of the named above can post one solid winning rrade!!

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  15. Jake the Rake

    trade.. oooo I made a typo!

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  16. fifty2weekhi

    TLT still not over 109.

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  17. Dr. Fly

    JAKE THE RAKE IS BANNED.

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  18. Dr. Fly

    JAKE THE RAKE HAS BEEN UNBANNED.

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