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Equal Librium Market - 3/9/23

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I was going to say that the 5 day cycle projection was 3950, but the market beat me to it and then some. 

-hv-6

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4 minutes ago, SiP said:

bank lost money on bonds amd need 2 bln of new capital.

The whole banks sector went down.

Now there's a surprise. 

 

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9 minutes ago, DrStool said:

Now there's a surprise. 

 

No surprise for those familiar with The Great Hindenburg chart.

Friend of mine sent me this thread, which is worth reading in total. Money quote [narrator's voice: "SVB was not alone...."]:

Quote

However, it is hard to hide from the fact that mgmt bought the TOP of the bond market.

 

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