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
23,417 Blog Posts

Market Recovers; China Clown-Raped

It’s very nice to see the market recover and kick shorts down into sewer pipes. But don’t get cocky now; nothing has been resolved yet.

As our markets recover and you gleefully skip across the grassy fields, the chinese are stuck in the half-world, fending off beasts and craven devils who possess farmers to buy and then sell their stocks with vigor and tenacity.

Have a look at some of the chicoms today.

China

The Chinese Lotto guys have been killed. There has never been anything even remotely cool about China, a denizen for dogs eaters and the Father of all lies. But this sort of carnage is bound to have ramifications.

Be mindful of your surroundings lads. If you didn’t buy the opening bloodfest, you’re chasing now. Enjoy the respite and take pride in the fact that you aren’t a chinese farmer leveraged out to the hilt in A shares right now.

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5 comments

  1. bruce keller

    Dat 200 day MA though.

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  2. sierra water

    YANG up 12%.

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    • bruce keller

      Haha, I was hoping YIN would be the opposite… YINN close enough.

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  3. helicopter ben
    helicopter ben

    are ABAC, CNET, and AMCF leveraged with greek debt?

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