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
18,595 Blog Posts

I’m Broke and Penniless — Absolutely No Cash Left

I used the balance of my cash reserves to catch a falling knife, executing an order to buy JG. It’s a foolish thing to do in September, especially with the Chinese stocks barreling lower. But they’re at the ass-end of the trading range and I don’t give a shit.

In the midst of all the confusion, supernatural storms racing towards N. Carolina’s research triangle, Le Fly is doing okay long his pastiche of colorful stocks. My K and CLX are behaving defensive and CLF is ushering in a new era of blackened coal to be placed inside every home.

My GWRE is hundy rolling to $106, and life is fine.

This JG trade will work — because it’s new and also because any semblance of treaty talks with N. Korea will be inferred to be bullish on China trade talks.

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5 comments

  1. acehood

    Chinese stocks are lower?

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  2. chuck bennett

    I’m into BABA since Monday

    Trump does a deal, we go a higha

    Regards

    Chuck Bennett

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    • ferd

      I’ve had a bit forever …head and weak right shoulder points toward $120 (if you believe in such things.) Watching how any retest behaves.

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  3. ferd

    Speaking of falling knives …bought a couple gold miners this AM base on potential bottom look of charts.

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