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
19,904 Blog Posts

***CHINA TRADE NEGOTIATIONS LOOM***

This is not a market for the faint of heart. Two minutes before the following news was released, I had gone long stock. I am of course troubled by this minor disruption and naturally perturbed by the downward trend, but I fight on — backs against the current.

FOX: CHINESE COMMERCE MINISTRY SAYS WHAT IS NOT IN THE TABLE AND NEVER WILL BE IS CHANGES TO THEIR LAWS TO PROTECT INTELLECTUAL PROPERTY. THE COMMERCE MINISTRY TELLING US THAT THE CHINESE WILL DEAL WITH INTELLECTUAL PROPERTY THEFT THROUGH ADMINISTRATIVE REGULATIONS

My original assumption was for a horrible tape, based upon my logical conclusion that Pelosi and Co. were retarded and malevolent in attempting to remove the Orange Lunatic from office — by any means necessary. Then I woke up in a better mood and went long stocks. Truthfully, I am second and third guessing almost everything. I do not have a firm handle on the near term direction and would caution you from thinking you know this tape — because you don’t. Its florid display of inequity is somewhat jarring for the uninitiated. But veterans of this shit-show understand, this is just par for the course.

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5 comments

  1. it is showtime

    Hongkongexit

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  2. ferd

    Is this the first trade war/coup attempt you’ve traded?

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    • cancel19

      What answer do you expect? Troll!

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      • ferd

        It was just an attempt a humor. But thanks for taking the time to call names.

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    • soupbone

      Don’t be shitty nowthen partner. Earnings will disappoint soon. Stocks might hold some ground for a while, or not. Ha Ha.

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