Jump to content
Sign in to follow this  
aussiebear

World Stock Market Trading Discussion - Leprous lesions

Rate this topic

Recommended Posts

All Ords 5-day chart

big.chart?nosettings=1&symb=AU:XAO&uf=0&

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%.

 

big.chart?nosettings=1&symb=UK:UKX&uf=0&

big.chart?nosettings=1&symb=DX:DAX&uf=0&

big.chart?nosettings=1&symb=FR:PX1&uf=0&

http://bigcharts.mar...com/default.asp

Share this post


Link to post
Share on other sites

If the TOMO  can keep it from breaking down, what happens when they go full POMO? 

Share this post


Link to post
Share on other sites

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.

Share this post


Link to post
Share on other sites
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.

Share this post


Link to post
Share on other sites

From the Department of There's Always a Trendline Somewhere: 

Annotation 2019-09-30 115520.png

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Al E. Greenspeuman designer line at Stoolmart. Get yours today! Click here now!

    Support your local Stool Board.

×
×
  • Create New...