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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
23,451 Blog Posts

The Floods Are Here; The Ark Has Set Sail

Dr. Fly Wed Feb 3, 2016 10:42am EST 9 Comments

I did warn you about this occurence. Don’t ever say “The Fly doesn’t do anything for me” ever again.

As currently situated:

ZERO equity exposure as of yesterday 9:35am.

Presently, I am Captain of an Ark setting sail for parts unknown, long 25% of my assets in TLT.

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The market is unraveling. The floods are here. Brace yourselves for a most horrific experience.

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9 comments

  1. halfbloodpope
    halfbloodpope
    February 3, 2016 at 10:45 am

    +1

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  2. mikeaboca
    mikeaboca
    February 3, 2016 at 10:53 am

    Fly I am a believer. loaded up on TLT at 118 when do I exit?

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  3. levrage
    levrage
    February 3, 2016 at 10:53 am

    Important to note that safe haven does not equal risk-less. Look at what happened a year ago at this time. TLT is my largest position also, but I took 1/5th off this morning.

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  4. tradingnymph
    tradingnymph
    February 3, 2016 at 11:04 am

    Party Boat Over Here! SPX 1880 will be going down hard soon. Grandma Yellen can’t create any waves for us Bears Next Week, we have smooth sailing until March. ROFL, GOOG below earnings pop. Central Bankers Can’t hurt us Bears for awhile.

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  5. t.c.
    t.c.
    February 3, 2016 at 11:08 am

    I am seeing a dove with an olive branch in the near future.

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  6. superpositron
    superpositron
    February 3, 2016 at 11:09 am

    Love the Ark.

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  7. probucks
    probucks
    February 3, 2016 at 11:32 am

    This has got to be the best analogy YTD.

    Genius.

    Long live the Ark!

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  8. jpmorgains
    jpmorgains
    February 3, 2016 at 12:39 pm

    + 1 million.

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  9. bexpo
    bexpo
    February 4, 2016 at 6:44 am

    You illuminate a situation better than any writer. You convey how it FEELS. and that is a gift.

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