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
20,210 Blog Posts

MARKETS CRASH AGAIN IN HISTORIC MOVE LOWER

We’re down about 1,000 Dow points again, third time this week. The 10yr bond is down a staggering 12bps to 1.17%. We are in a world of pain here, as markets cannot catch a bottom. The words coming out of Washington mean nothing to people being liquidated for leaning heavily long. The easy money fueled by debt is being unwound very violently now and respite is what is needed.

Will the Fed be able to deliver again?

Will the coronavirus cessate a little or pause? These questions will be answered soon. Until then, the fucking casino is on full tilt — fucking people for their coin.

My trading account is 65% cash.

My closed trades for today so far.

IBIO +132%
OPGN +83%
VIVO +18%
(AEMD -15%)

See pal, that’s who I am. All of the smart people who signed up to Exodus got those picks. Did you? Did you?

Back to work.

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13 comments

  1. 'merica

    Ho Li Fuk

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  2. awanka

    I’m buying here for the long term. God help me. NFLX if anyone cares.

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  3. narcist

    CAPITULATION? WHAT IS THAT?

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  4. heckler

    Love how BTC is doing better than GLD

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  5. numbersgame

    I’m calling the bottom (11:36)

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  6. one-eighty

    There are a lot of people with tons of money waiting on the sidelines for a dip so they can get into the market.
    If this thing looks like it is bottoming, it will go up like a freight train.

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  7. sftradeallday23

    Playing off of Fly’s DAO play what do you guys think of LRN? I’m thinking the first big school district to close will send this one flying. The head of the LA school district stated yesterday they would close schools if needed but would keep learning going through online options…

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