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fxfox

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Posts posted by fxfox

  1. We also could say that it was simply a fight bull vs bears about who wants to go long into October and that in a election year. Given that the bulls did ok, cause they prevented market from falling a lot today, which would have been pretty normal on a Sep 30 right in front of ab election.

    I only look at ES. The overnight low was 3301. Look where cash closed. Nothing bearish to see.

    They will use the 1.6 Trill. They will do this rechnically good, cause they are advised by hard core pros (Goldman, JPM and wotnot).

    They will win the election, if we like that or not. Market will not collapse in October and that‘s gonna seal the deal for Trump.

    Don‘t read too much into the polls. Social science knows since decades that voters of radical parties or persons don‘t tell their true intention when asked. The vote for Trump will be higher than the polls show right now.

  2. 20 minutes ago, DrStool said:

    I called him an asshole. He hasn't been back since. 

    Mea culpa. I should not have done that.  

    No, you shouldn’t have.

    He is a good guy. Has sometimes a few problems with the language (like myself 😂) that‘s why he choose the nick „JP6“ although I think he had „J6P“ (Joe Six Pack) in mind. Or he is French: Joel Paque Le Sixieme. 😂😂😂

  3. 5 minutes ago, DrStool said:

    Bare ass engulfing. 

    I wonder how all those mom and pop savers who bought Kimchee for income are feeling.  

    I predicted a couple of years ago that commercial propertie REITS would get destroyed. Wrote a couple articles for Sure Money, of blessed memory.  I was right of course. But way early as I often am.  

    But you could see this coming. The secular trends were clear as a bell. The pandemic crystallized and accelerated.  Sort of like greed. Pandemic, for want of a better word, is good. Pandemic clarifies, cuts through, and captures the essence of the evolutionary spirit.

    Blue horseshoe loves Anacott Steel 🥳

  4. 7 hours ago, Jorma said:

    Fed Head Kaplan on  CNBC actually pointed out that stock/GDP ratio is in record territory and that a correction could be "helpful".   He also said, I am going by my news ticker,  that his forecast for strong Q4 growth is contingent on stimulus.

    Quite sure he meant that stocks should meander right around these levels (something like a 2800 to 3300 range or so) for some time and GDP pick up and therefore the ratio goes down. Kaplan is in my view not an advocate of Da Bears wet dream of a tripple digit S&P.

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