aussiebear Posted September 30, 2019 Report Share Posted September 30, 2019 Much grunting and groaning but results are limited: Kiwis +0.2%, Aussies +0.1%, Japan -0.4%, Sth Korea +0.1%. Slightly more ups than downs in Aussie sectors: Miners/Materials +0.9%, Energy +0.7% down to IT -0.9%. All Ords http://www.abc.net.au/news/business/ Link to comment Share on other sites More sharing options...
aussiebear Posted September 30, 2019 Author Report Share Posted September 30, 2019 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted September 30, 2019 Author Report Share Posted September 30, 2019 http://money.cnn.com...s/morning_call/ 24 hr Gold http://www.kitco.com http://www.kitconet....ase_metals.html http://www.kitconet.com/indexes.html Link to comment Share on other sites More sharing options...
aussiebear Posted September 30, 2019 Author Report Share Posted September 30, 2019 http://www.engrish.com/2018/02/experience-please-do-acceptance/ Found at internet cafe in Tokyo. Link to comment Share on other sites More sharing options...
aussiebear Posted September 30, 2019 Author Report Share Posted September 30, 2019 All Ords 5-day chart http://bigcharts.mar...com/default.asp A sudden drop into close left All Ords -0.3% for the day with most sectors down led by IT -1.3% and Consumer Discretionary/Gold -0.8%. Energy was the sole gainer, +0.2%. Over in Asia, China -0.9%, Hong Kong +0.5%, Japan -0.6%, India -0.2%. Uncertainty in UK/Europe: FTSE -0.1%, DAX flat, CAC +0.1%. http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted September 30, 2019 Author Report Share Posted September 30, 2019 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
DrStool Posted September 30, 2019 Report Share Posted September 30, 2019 If the TOMO can keep it from breaking down, what happens when they go full POMO? Link to comment Share on other sites More sharing options...
Jimbo Posted September 30, 2019 Report Share Posted September 30, 2019 THE GODS OF THE MARKET IN THE END RULE And there was a great wind in the REPO market, and lo a great crying was heard and the clash of cymbols, drums and mysterious thunder.....etc....etc In 2007/08 wall street tried to "maintain" the mortgage security market by sacrificing their balance sheets. Didnt work out too well If i remember correctly. Resulted in quite a few sacrificial victims to the gods of the market. Fast forward to 2019. They are again sacrificing their balance sheets to maintain the treasury market. Won't work out too well this time either. There is a reason a lot of banks wont lend at the higher rates. They know that the money is being used for a losing purpose!!!!!!!!!! The fact is that cheap repo money maintained the hedge funds in their leveraged treasury plays. The cheap repo money is gone and these trades are now money losing and need to be unwound. Its not going to be pretty.....not pretty at all. Link to comment Share on other sites More sharing options...
Jorma Posted September 30, 2019 Report Share Posted September 30, 2019 1 hour ago, DrStool said: If the TOMO can keep it from breaking down, what happens when they go full POMO? Depends what you mean by full. Anyway they will go, never full because there is never enough for these guys, so the only real question is timing and the relative size. As to TOMO, if a trillion is needed then a trillion it will be. Link to comment Share on other sites More sharing options...
DrStool Posted September 30, 2019 Report Share Posted September 30, 2019 From the Department of There's Always a Trendline Somewhere: Link to comment Share on other sites More sharing options...
DrStool Posted September 30, 2019 Report Share Posted September 30, 2019 2 day cyle projection 2988. Link to comment Share on other sites More sharing options...
DrStool Posted September 30, 2019 Report Share Posted September 30, 2019 3 day 2998. Link to comment Share on other sites More sharing options...
DrStool Posted September 30, 2019 Report Share Posted September 30, 2019 Department of There's Always a Trendline Somewhere: Link to comment Share on other sites More sharing options...
aussiebear Posted October 1, 2019 Author Report Share Posted October 1, 2019 ---> Toothy Tuesday Link to comment Share on other sites More sharing options...
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