Code Red on Interactive Brokers (IBKR)

Lucky my friend Eric emailed me on MF Global (MF) blowing up and I was able to dump 90 percent of my IBKR.

I should have seen this coming. The shorts are easily having their way and maybe rightly so.

Disclosure – Long IBKR

Bear markets get any open cut and expose it to painful losses. IBKR was vulnerable. CME hich I happily stopped out of 100 points ago is also being shmeissed. Only for the brave bottomfishers and news traders now.