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

THE DOGS OF HELL HAVE BEEN RELEASED ON VIX INSTRUMENT PRODUCT OWNERS

This didn’t turn out as you planned, did it mate? The dogs of hell have been released upon you. Markets are trending higher, despite earlier weakness in crude. In a nutshell, you’ve been had and now your face is a chew toy.

I believe this rally will continue till Wednesday, then reverse to retest the lows. Of course I’m just guessing, merely using my reservoir of vast experience to navigate these troubled waters, might I add, with sublime and harmonious precision. Then again, I am sure all of you predicted this would happen back in April, like me, calling for a major rally in TLT. Yes?

I didn’t think so.

As I write this my largest position is careening lower, based off some trial decision. God damn it, I hate the courts.

Nevertheless, the market still has lift in it and those TNA positions should profit over the next few days.

Off to deal with a crisis.

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11 comments

  1. themarketace

    Le Fly, I assuming you’re holding tight (or adding more) to $TRN despite the trial news??

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  2. berniecornfeld

    R.I.P. Sethster October 2014

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  3. Jesse Livermore's Ghost
    Jesse Livermore's Ghost

    If the SPX 200 day (1906) doesn’t stop us then the next resistance is 1920-1925. #faceripper

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  4. J Livermore

    May solar stocks lift, burning the pubic region of shorts on the way up.

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  5. Jesse Livermore's Ghost
    Jesse Livermore's Ghost

    #faceripper

    https://www.youtube.com/watch?v=3FdVEH06To4

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  6. zuul

    ES is going to 1935ish. We will then trade back into the 1860s. All part of the bottoming process.

    It was written.

    It was not showtime.

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