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
19,339 Blog Posts

TRANNIES BTFO: LARGEST DECLINE SINCE 1969

At this point, what difference does it make?

Apparently, the downside in the transports index (12 days) is the worst since 1969. Another negative bullet point: Factset estimates earnings will be lower by 3% this quarter, yet stocks seem to be doing well.

Meanwhile, SAAS stocks are +2% this morning and I have too much cash. Time to look for some longs.

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