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
19,609 Blog Posts

THE BULL MARKET HAS ENDED — HEAD N SHOULDERS TOP IN CRUDE CONFIRMED

You might be tempted to get long oil here — but you’d be a fool to do so. WTI has topped and with it the entire market. Trump’s trade war is getting worse and nothing can save stocks now.

Observe the frown.

Boy is that grizzly.

I just sold out of ROKU for a quick 2.5% gain — because I am both scared and greedy — greedy to maximize my gains in 3x short instruments. Into the bell, I will INCREASE my short exposure.

Save yourselves and join the league of gentlemen inside Exodus and navigate the storms to come with poise.

Good day.

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8 comments

  1. wolfdaddy

    If we had another hour the bear would have ended today

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  2. snoozemr

    strong close by the Chinese Starbucks. Sold 1/3 on my LK at 15.94 but holding the rest.

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  3. fidel cash grow
    fidel cash grow

    When the dust settles Roku will be a stock to go long in size.

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  4. ericbakerbruce

    I see the old cock n’ balls pattern in that chart

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  5. omfgitsjd

    What happened to the avatars for your readers? That was fun. This choppy market is annoying, but the underlying theme is playing out slowly for the moment.

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