iBankCoin

Markets Will Rip Higher From Here — A Sundry of New Buys Now

The wonderful algorithms of Exodus are now oversold on the 3 and 6 mo algos — pointing to a face ripping rally soon. It doesn’t mean it will happen. It simply means that, over the past 6 months, these type of declines have been met with unrestrained buying programs.

I measure this shit, so you don’t have to.

As such, I made a few purchases and one sale. I sold my “hedge, YANG, for a minor loss. And I bought NOW, BAND, and TEAM. With TEAM, that is my second purchase, making it a doubled sized position.

My cash position is down to about 30% and I have a mind to see to it the entirely of it gets invested. This market was built for me and I can comfortably declare that there isn’t a better trader in America now, than Le Fly — trader extraordinaire, debonaire fellow easing thru life by his God given talents.

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4 comments

  1. it is showtime

    The trade war IS real

    The trade war IS real

    The trade war IS real

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  2. Dr. Fly

    WAR IS PEACE

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  3. one-eighty

    The administration’s trillion dollar stimulus during this time of increasing prosperity, combined with the introduction of significant new trade barriers will bring back the sort of stagflation seen in the late 70’s.

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