Froddy
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Yen futures looking bearish on the 4hr chart - we could rally!
I HATE Fridays in the markets - they can be wild ...
I HATE Fridays in the markets - they can be wild ...
And they’re off........popcorns out!
This shows how morally corrupt the whole financial system has become.
"The Most Absurd Moment In The History Of Capital Markets": Hertz Plans To Sell Up To $1 Billion In New Bankrupt Stock | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zerowww.zerohedge.com
Thanks Froddy, and the FTSE went up 178 points today, f**g crazyChaps,
If you're long the market, be extremely careful - the SKEW has shot up to 137 today, meaning that Big Money is getting edgy. It hit this level on 20/2 - the first day of the Feb crash.
We've not yet had a flush big enough to correct the unhealthy put:call ratio - it's still in danger territory ...
In other words, the market is likely to correct imminently - we just don't know when.
So sorry! I appreciate it's a different language. I know that some here are short-term trading so just thought I'd share my take on things (for what it's worth).Is it me?
I don't understand any of this thread anymore
This.So sorry! I appreciate it's a different language. I know that some here are short-term trading so just thought I'd share my take on things (for what it's worth).
In plain English, my take on this is that the markets could continue to "melt up", but the risk of a dramatic fall is now great, so don't bet the farm.
Many will now buy exuberantly and be crushed ...
Stagflation????Looking back at the last 4m of actual outcomes vs what I was espousing here:
What does this meant to what I was saying? Pretty much everyone has the view I had months ago now but the same people (like me) have been wrong sided by the sheer force of the central banks determination to prop up asset prices. Ad nauseum you know my views on the damage this will do to real people (i.e. having such a disconnect). Further, the wealth taxes I said would come seem pretty baked in now as a coming policy in the West...
- Almost all investment banks have jettisoned V-shaped recovery (as have 80%+ asset/hedge fund managers according to IB surveys)
- All but Morgan Stanley see a the market heading south as opposed to rallying (MS base case is flat next year vs a rally)
- All investment banks cite central bank policy for propping up the market and causing the biggest disconnect between economic reality and asset prices.
I haven't made money since early April in this market and don't get gratification for getting the views right. I'm using my experiences in the GFC to see how this plays out.
What do you know?De Grey Mining (ASX; DEG)
De Grey Mining - Western Australian Gold Explorer
De Grey Mining is a Western Australian gold explorer and project development company focussed in the Pilbara region.degreymining.com.au
Excellent recent sample results.What do you know?