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
23,418 Blog Posts

TOMORROW IS HARVEST DAY

The Apple earnings and irrelevant to the overall scheme of the market. However, they will move the indices and because of their heft; they will adversely affect my TQQQ position.

Apple should not be bought on dips. Moreover, after careful consideration, I’m set on liquidating the lion share of my blood buying sprees of this week. My profits should be immense and I do expect fuckers to buy dips on the opening tick, which will provide opportunistic predators, such as myself, an opportune to liquidate.

There is more upside left in the market; but I will not attempt to time the top.

Here is my bounty, with cost basis for my transactions affixed. For those unfamiliar, all these trades were disseminated in real time and time stamped in Exodus. Start a free trial you miserable misers.

Stock/cost basis (these are all 10% positions, sans LABU which is 5%)

PDD/ $19.55
MOMO/ $35.58
TQQQ/ $47.05
LABU/ $47.05
ZEN/ $56.1
UPLD/ $30.87
ZUO/ $19.31
DATA/ $98.90
NTNX/ $37.4
HUBS/ $128.05

With today’s booked profit in FIVN (+5.5%) and SOXL (+25), I am now 21 for my last 21.

That’s right, in the midst of all the smoke and carnage, Le Fly is 21 for his last 21.

Good day.

NOTE: The trades behind these were all inverse ETFs, which were all sold at a profit except FAZ. My largest gains was DRIP, +12.5%.

GOOD DAY, SIR.

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3 comments

  1. Lyndon Keltner

    Agreed on taking some risks off.

    Going short AUD gradually from 7244 on up.

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    • Lyndon Keltner

      China trade deal just crossed the Bloomberg.

      Went flat for 3 pips of gain in case of any further short squeeze.

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      • Lyndon Keltner

        Upon re-assessing the impact of the trade deal news (however fake it may be), went long some crude instead.

        May the squeeze last for more than a few hours.

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