fxfox Posted March 11, 2020 Report Share Posted March 11, 2020 When an inter-meeting horror rate cut be the FED and another 50 bps cut by the Bank of England today gets completely evaporated by the market THEN you know that we are in deep deep shit. Never ever will this simply end up like every downmove we got in the last 10 years: Go to the EMA 200 weekly and up we go again. This thing is huge. This is not about preventing stocks from falling more than 20%. There is much more at stake than that goddam stock market. I mean do those folks realize what is going in in Italy right now? A major European country stops to work. Sometimes I think folks in the US don‘t realize whats really going on on the Globe right now. Link to comment Share on other sites More sharing options...
Jimi Posted March 11, 2020 Report Share Posted March 11, 2020 2 minutes ago, SiP said: Just look at the gold, its falling. WTF? "Ding dong!" "Margin call!" Gold enjoys a bid. It gets sold. Whatever enjoys a bid, shall get sold. Link to comment Share on other sites More sharing options...
Jimi Posted March 11, 2020 Report Share Posted March 11, 2020 1 minute ago, fxfox said: When an inter-meeting horror rate cut be the FED and another 50 bps cut by the Bank of England today gets completely evaporated by the market THEN you know that we are in deep deep shit. Never ever will this simply end up like every downmove we got in the last 10 years: Go to the EMA 200 weekly and up we go again. This thing is huge. This is not about preventing stocks from falling more than 20%. There is much more at stake than that goddam stock market. I mean do those folks realize what is going in in Italy right now? A major European country stops to work. Sometimes I think folks in the US don‘t realize whats really going on on the Globe right now. West Coast of the United States of America will be under imposed-quarantine by April. Mark my words. Link to comment Share on other sites More sharing options...
fxfox Posted March 11, 2020 Report Share Posted March 11, 2020 4 minutes ago, SiP said: On forex side, I dont see any dislocations. Thats strange. Just slow selloffs and derisking. No big JPY moves etc EUR/USD went up from 1.08 to 1.15 within a few days the other day. That‘s everything but an ordinary move. Link to comment Share on other sites More sharing options...
sandy beach Posted March 11, 2020 Report Share Posted March 11, 2020 Just now, Jimi said: West Coast of the United States of America will be under imposed-quarantine by April. Mark my words. I look sharp in FEMA pin stripes. Link to comment Share on other sites More sharing options...
sandy beach Posted March 11, 2020 Report Share Posted March 11, 2020 You got food JIMI? We're set for about three weeks plus some if needed. Link to comment Share on other sites More sharing options...
sandy beach Posted March 11, 2020 Report Share Posted March 11, 2020 Short covering. If we are going to have more selling it'll start before market open. Don't forget White House Live Press conference at 5:30PM EDT with with the whole COVID19 team. That could be market moving. They had to pull the team out of the house hearings without notice earlier today. https://www.whitehouse.gov/live/ Link to comment Share on other sites More sharing options...
DrStool Posted March 11, 2020 Author Report Share Posted March 11, 2020 Stick save Link to comment Share on other sites More sharing options...
Jimi Posted March 11, 2020 Report Share Posted March 11, 2020 4 minutes ago, sandy beach said: You got food JIMI? We're set for about three weeks plus some if needed. About 2 months' worth. Month in the house. Another month freeze-dried in a job-box in the yard (earthquake provisions). Link to comment Share on other sites More sharing options...
sandy beach Posted March 11, 2020 Report Share Posted March 11, 2020 I pulled out the Moutain House freeze dried the other day to try and and hated it. So we restockd on canned food. Maybe I should pick up more cans. Link to comment Share on other sites More sharing options...
fxfox Posted March 11, 2020 Report Share Posted March 11, 2020 5 minutes ago, Jimi said: West Coast of the United States of America will be under imposed-quarantine by April. Mark my words. I believe you. That will finally lead to a monster sell-off in the FANG‘s and then the shit really hit the fan. This will not be shit from a little pooper, but rather from an elephant. Link to comment Share on other sites More sharing options...
sandy beach Posted March 11, 2020 Report Share Posted March 11, 2020 Just now, fxfox said: I believe you. That will finally lead to a monster sell-off in the FANG‘s and then the shit really hit the fan. This will not be shit from a little pooper, but rather from an elephant. Don't talk dirty like that FX. Link to comment Share on other sites More sharing options...
Jorma Posted March 11, 2020 Report Share Posted March 11, 2020 12 minutes ago, DrStool said: I said in Monday's podcast and in my reports that there were dead bodies in the system. After today, they should start floating to the surface. Credit to frackers is first up and it isn't even hidden. Well that won't kill the giants but will give them a fever. I suppose some regional banks are dead. Might be a good time to pick up a deal on some Bismark prime real estate. Link to comment Share on other sites More sharing options...
sandy beach Posted March 11, 2020 Report Share Posted March 11, 2020 We need like one more old timer to pop up for this to be a bottom. Maddness? Link to comment Share on other sites More sharing options...
sandy beach Posted March 11, 2020 Report Share Posted March 11, 2020 FX - how are EU Banks? Link to comment Share on other sites More sharing options...
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