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Trading with The Fly

Dr. Fly
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
23,536 Blog Posts

I Hope You Sold

Dr. Fly Mon Sep 16, 2013 4:09pm EST 11 Comments

I’ve been busy all day threatening companies with my new warchest. I managed to breakeven today, despite the nice looking Dow. As expected, the market sold off the news, that was supposed to be sold off.

Today felt like a blow off top.

My powder is dry and my patience is elephantine.

 

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11 comments

  1. acehood1
    acehood1
    September 16, 2013 at 4:13 pm

    wow, nice throwback video

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  2. zombie
    zombie
    September 16, 2013 at 4:13 pm

    The Fly is God.

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  3. haveseenitall
    haveseenitall
    September 16, 2013 at 4:19 pm

    The talking heads seem to think the market
    has priced in taper light ; do you think they
    priced in taber medium ?

    Would like to go short , but very difficult in
    front of Bernanke final press conference .

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  4. xxxhuggiebearxxx
    xxxhuggiebearxxx
    September 16, 2013 at 4:20 pm

    Preparing to buy the Taper dip…

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  5. matt_bear
    matt_bear
    September 16, 2013 at 4:21 pm

    i’m packing protection in the form of some spy 165 puts

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  6. og
    og
    September 16, 2013 at 4:25 pm

    I sure wish I did.

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  7. superb
    superb
    September 16, 2013 at 4:41 pm

    Where is your Poof! Mr Fly.

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  8. wvufan87
    wvufan87
    September 16, 2013 at 11:16 pm

    Nothin beats the rhymes from the early 90s.

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