Jump to content
Sign in to follow this  
DrStool

Ballsy Bulls 5/27/20

Rate this topic

Recommended Posts

Bears are doomed to live lives of suffering, debasement, and degradation. We need to wake up, smell the coffee, sniff the roses, and drink the koolaid. 

tvc_4a5408513036c4ae858eb570cbe1320a.png

 

tvc_1f35a1ac90680c146c997cb217fbe4e6.png

Share this post


Link to post
Share on other sites

Doc

I don't really consider this a Bear board.

I have never liked bull and bear terminology.

By its very nature its limiting...it limits your thoughts.

I bought cheap stock at the end of March.

The last time the stock I bought was so cheap was after the so callled GFC, in March 2009.

Its doing quite nicely thanks.

I'm not a bull or a bear.

I just want to be right.

And that depends on the market.

I shows us whether we are right or wrong.

Its not the other way around.

This rise will eventually role over

But is will take time.

Share this post


Link to post
Share on other sites

THE FED RECAPITALISED WALL STREET

[alternative title: Not a Care in the World].

No good crisis should go to waste.

Surprised there has'nt been more discussion of the CARE Act which sets aside $454 Billion to bail out wall street.

The Fed will print $454 billion in electronic dollars.

It will then buy $454 Billion of US treasuries.

The US Treasury will then give the money back to the FED.

The Fed will then put it in a SIV which it can leverage 10 to 1.

The SIV will then buy all the toxic crap from Wall Street presumably at 100 cents in the dollar.

This will effectively recapitalise Wall street.

Im sure this is already reflected in the stock prices of the Wall Street Banks.

SIVs were also used back in 2008 when the Maiden Lane SIVs were set up to handle the toxic waste.

But the dollars this time round are so much bigger.

  • Like 1

Share this post


Link to post
Share on other sites
22 minutes ago, Jimbo said:

Doc

I don't really consider this a Bear board.

I have never liked bull and bear terminology.

By its very nature its limiting...it limits your thoughts.

I bought cheap stock at the end of March.

The last time the stock I bought was so cheap was after the so callled GFC, in March 2009.

Its doing quite nicely thanks.

I'm not a bull or a bear.

I just want to be right.

And that depends on the market.

I shows us whether we are right or wrong.

Its not the other way around.

This rise will eventually role over

But is will take time.

I am a bear at heart but strive relentlessly to be fanatically objective in my analysis.  This tends to result in a certain degree of cynicism.   😄 

I have always loved your take on things over all these years. 

For those of you who may be unaware, Jimbo has been posting here for 18 years from Down Under!  He's probably asleep right now. 😄

Share this post


Link to post
Share on other sites

Well the Stocks vs TNX thing is working picture perfect this AM but that's the micro scale.  So far.

Share this post


Link to post
Share on other sites

Floor traders bring some sanity back to this market?
Rates: Well, they can‘t hike. Impossible. IF they would, the whole thing would implode, it simply would vaporize, poof!

Rising rates in that fragile market? My goodness, that would have FAR worse implications than Corona itself. We don‘t have that many ICU beds, sorry.

Share this post


Link to post
Share on other sites
1 hour ago, MisFit Kid said:

"ICU"

Intensive Credit Unit

😂

Share this post


Link to post
Share on other sites

Tomorrow I will drive a rental car one way from Zagreb to Zadar. The cost of a one way car rental with gas  and tolls is the cost of two weeks of rent on the apartment.  That's how disastrous prices of holiday rentals are. The car is still priced at normal one way rental pricing, which is kind of surprising. I shopped but there were no deals. 

Share this post


Link to post
Share on other sites

Jesus- I just saw the news that the dictator is threatening to shut down Twitter and other social media platforms.  

As if he had the power. 

What does the asshole hope to achieve with empty, moronic threats like that? 

He's going full scorched earth now. 

 

Share this post


Link to post
Share on other sites

False BO? Stay tuned.

tvc_dc1abb13f09b8ea87435c703dc66ca2a.png

Share this post


Link to post
Share on other sites

Now the CDC warns that antibody tests are inaccurate. 

Share this post


Link to post
Share on other sites
8 minutes ago, DrStool said:

Now the CDC warns that antibody tests are inaccurate. 

Calling Doctor Howard, Doctor Fine, Doctor Howard.......

.jpg

Share this post


Link to post
Share on other sites
Guest
This topic is now closed to further replies.
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.

  • Market Data

×
×
  • Create New...