iBankCoin

Dimon Says the R Word at Davos — Stocks Plummet

Is this the reason why we reversed today’s gains and sunk lower? Maybe.

One thing is for certain, this is not 1/4/18. Yesterday’s black candle has led to an anti-climatic rout during today’s session. This could be the beginning of an extended downturn.

As such, I bought SQQQ, SOXS, and DRIP.

Bet against me, lose your house.

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11 comments

  1. edge

    Yeah, I got run out of UPRO, small gain. Buyers not driving the volume so for.

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  2. bronze28

    government problem will be resolved; BREXIT might hit for a little while but things will adjust; China issue will be resolved but maybe only 50%; good enough though; both U.S, and China NEED THIS TO BE RESOLVED; EVEN HALF MEASURES WILL DO.

    not with you on this FLY; down?? of course but too much potential good news ahead.

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    • ferd

      There are other issues that may be affecting markets …like the escalating efforts to drag us into new hot conflicts in the mid-east.

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  3. bronze28

    btw, which cretin took me up on NBEV??? cannaboid drinks; NO INTEREST RATE WORRIES; NO CHINA ISSUES; NEW SECTOR THAT WILL GROW BY LEAPS AND BOUNDS.

    you did not buy?? who gives a fuck.

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  4. rigged game

    Obama was THREE TIMES BETTER for the stock markets
    than Trump. Under Obama (1/20/09 to 1/20/11, two years)
    the three major indices moved up 66% average.

    Under Trump (1/20/17 to 1/22/19, also two years)
    the three major indices moved up 22% average.

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    • bronze28

      geez buddy, it came from 666 at the bottom; where else could it go but up in the once in a lifetime drop?? Moreover, do you possibly think the economic cycle had something to do with it?? Much like the much hearalded SLICK WILLY where the economic cycle made him look so good??

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  5. dollargoal

    Not shorting this market above NDX 6600. Could be normal kiss bull flag b/o line goodbye and that would be quite bullish. If it goes below 6600 with conviction, it’ll a different story. G/L!

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