iBankCoin
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

5 comments

  1. hooper

    Accurate depiction indeed, thanks Chess.
    Not an easy morning to stay in cash but the last hour of trading certainly help keep things in perspective.

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  2. Mad_Scientist

    Hey Chess, you did a segment on DMND a while back, something where the shorts had lost that battle, then I saw it crushed earnings again and sent the bear reeling again (price got into the 90’s)… But I had an eye on it the past 2 days, what the heck happened there? Was there some kind of news catalyzing that action?

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    • chessnwine

      I don’t recall that. DMND has had a great run since 2009 and I wouldn’t be surprised to see it falter a bit here under the rubber band theory (late stage base failure)

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      • Mad_Scientist

        Interesting, btw now that I look at it again, it actually finished the day quite strong after touching 78 intraday.

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