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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
23,433 Blog Posts

JUDGEMENT DAY

Dr. Fly Fri Nov 21, 2014 6:58am EST 7 Comments

***The People’s Bank of China said it was cutting one-year benchmark lending rates by 40 basis points to 5.6 percent. It lowered one-year benchmark deposit rates by less – just 25 basis points. The changes take effect from Saturday.***

S&P futures are 16 points above fair value. Our Chinese overlords have decided to reflate themselves. Ergo, prepare to be reflated.

Sinners will be held accounted for today.

See you soon!

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7 comments

  1. barrymanga
    barrymanga
    November 21, 2014 at 7:13 am

    Buy copper!

    • 0
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    • 0 Deem this to be "Fake News"
  2. charlie
    charlie
    November 21, 2014 at 7:30 am

    Dear stock gods, please grant me one last opportunity to buy YELP under 60 “bucks.”

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • frog2
      frog2
      November 21, 2014 at 8:29 am

      like yelp but the iphone app still has an iOS 6 feel to it

      almost as bad as the stocktwits app

      hard to respect a company with such a shitty looking app

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  3. tradercaddy
    tradercaddy
    November 21, 2014 at 8:47 am

    Judgement or judgment?

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    • 0 Deem this to be "Fake News"
  4. zheeeem
    zheeeem
    November 21, 2014 at 8:54 am

    I love the Chinese!

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. matt_bear
    matt_bear
    November 21, 2014 at 9:08 am

    when the game is finished, the king and the pawn get placed in the same box.

    • 0
    • 0
    • 0 Deem this to be "Fake News"

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