The stock market

GONNA BE UGLY!!!!! Even hedged I'll probably give some back today

CHINA...down BIGLY......having there own housing crisis....they steal everything from us even the housing crisis LOL!!

BITCHCOIN down 6%

Raise the debt limit coming up....always fun!!

have fun ladies!!
 
Woof!!
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Those that love to blame China now have another reason, a major Chinese Real Estate corporation is a big reason for the market tanking...

When the troubled Chinese property giant Evergrande was starved for cash earlier this year, it turned to its own employees with a strong-arm pitch: Those who wanted to keep their bonuses would have to give Evergrande a short-term loan.

Some workers tapped their friends and family for money to lend to the company. Others borrowed from the bank. Then, this month, Evergrande suddenly stopped paying back the loans, which had been packaged as high-interest investments.

Now, hundreds of employees have joined panicked home buyers in demanding their money back from Evergrande, gathering outside the company’s offices across China to protest last week.

Once China’s most prolific property developer, Evergrande has become the country’s most indebted company. It owes money to lenders, suppliers and foreign investors. It owes unfinished apartments to home buyers and has racked up more than $300 billion in unpaid bills. Evergrande faces lawsuits from creditors and has seen its shares lose more than 80 percent of their value this year.
 
Had 50% of my Crypto $$ in cash on Friday. Bought up tonight on the pull back.
Here is my portfolio construction as of 10:15PM :
I have to stake ADA and Algo at some point.
SKL is a new position for a quick trade to .45c
ETH a new open and going to hold for the long term.


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The indexes fizzled out......BUT THERE IS ALWAYS TOMORROW
fed day and china open fireworks tomorrow
china should inject money into EVERG.

fed will talk more QE

AND AWAY WE GOOOOOOO!!!!

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