iBankCoin
The first hit is always on the house.
Joined Aug 2, 2009
1,847 Blog Posts

GROUP STRETCH

The Chinese have decided to close their markets early today, after another -7% landslide open. I’m hoping that in order to prop up their markets, they decide to bump the stop on those circuit breakers each time the markets trade down more than -1%.

Anyway, I’m getting stretched, properly medicated, as to be ready for tomorrow’s festivities.

Sleep tight.

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32 comments

  1. Chub

    Wow. I guess every analogue…1998, 2011, oil…is pretty much in the dumpster right now. Bear market

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  2. LORD ADMIRAL HARTMAN
    LORD ADMIRAL HARTMAN

    Sell everything, I will be there waiting to buy but only at my asking price.

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    • Chub

      You’ve been saying that all week. You must have a huge portfolio at this if then

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  3. Quality Control Inferno
    Quality Control Inferno

    2 day rally is coming, it ain’t all bad!

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  4. Nocturne

    Oil tagged the 32’s. Will be selling MOAR SCO around 32.25 per barrel if it gets there. …

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  5. Nocturne

    SCO offered a 167.49. Small. That would take me close to neutral. Oil hit my next target of 32 just before 3am.. Hope it revisits in pre or post market….

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  6. nocturne

    Despite the “carnage”, my portfolio showing no stress in pre market, esp bonds

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  7. Chub

    I’m proclaiming 2016 as 2008 analogue. Recession!!

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  8. gudenaev

    Bought the dip, feeling rather masochistic this morning.

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  9. jay763

    Changed my bookmark from the main iBankCoin page to this page

    I’m a tolerant guy, but the FlySpam just got to be too much

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    • Chub

      It would be one thing if the guy was a winner but it’s the exact opposite. His exodus program is such a scam

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      • Jewishmantis

        Just curious what brought you to that conclusion. Winner or loser is hard to say but what makes you say Exodus is a scam ?

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        • Chub

          The fact you pay for an indicator that doesn’t work? It basically said oversold a couple of days a ago and continue to do so everyday after this week. I mean you couldn’t have come to that conclusion urself? And if you’ve been buying each time it says it, you’d be setup in the red by now

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  10. traderconfessions
    traderconfessions

    I bought WETF for 25 cents a share many years ago. Might get another chance if things continue this way. ZOES has relative strength today if anyone cares. MYGN too interestingly.

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  11. k_melancon

    sooo,

    I thought my NFLX calls were dead and had an open sell order for some 1 Jan 120s yesterday for .3 (representing a 300% gain from my cost). I have never been so pissed over a 300% gain

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  12. lplongo

    Long LABU here. Figure that’s a better move than averaging down in UWTI from 5 :/

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    • Jewishmantis

      I’m with you. Bought another 1/2 at 14.65. God help us. BTW when USO will be at 17-20 we will think of today as the day we had a chance to get in at single digits. Maybe. Or maybe oil will go to 0 while TSLA goes to a 1000

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  13. traderconfessions
    traderconfessions

    LIker XON here. Selling volume seems to be exhausted. (Holds his breath)

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  14. thomasjefferson

    Prices look better not worse here. No fear creeping in, so probably not time to buy yet. Or maybe I’m just numb by now.

    But for long term holds I love the look of $shak, $bac, $fcx, $sgen, $juno, $wynn, $oak and virtually everything else. Amazed by the strength in $urbn too.

    In other news, my stock of the year pick, $ttph, is down 25% in 3.2 trading days of 2016 trade. I like my chances!

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  15. Jewishmantis

    CALM has shown incredible strength the past few days. Great company with solid fundamentals. For long term hold this one fits. Anus hurts too much at the moment to buy much more except lotto LABU… Which is probably counterintuitive as hell

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