DEAD CAT BOUNCE NO. 1 ;
CREATED WHOLLY AND SOLELY BY OUR RESERVE BANK'S MORONIC QE free helicopter money for the Markets and consequently bolstering asset prices. I saf FK it, let it Rip. Let the Market decide how healthy it is on its OWN without massive interference WITH THE RBA as a MASSIVE MARKET WIDE Buyer.
... TBH the KILLJOYS have taken ALL THE FUN out of it! They have set effectively a floor under ANY downside moves...so Pitting your Bear Wits against those of the Bulls....well, down thew Memory Hole until they stop buying which they claim to be "open ended" ..?
WTFKNGF? !!!!
Surely the RBA know that unbridled Printing causes far more SERIOUS EXISTENTIAL PROBLEMS in the Real Economy than if poor, inflated, debt funded Asset prices of the upper income bracket percentile were to find the correct
unadulterated natural Equilibrium. No we couldn't possibly ALLOW THAT to happen !
FRRRROOT!!! THIS POLICY will bring about the end of the current World Financial Regime altogether...like I've consistently said ;
this IS the BIG ONE for Our Age.
How very exciting Life, All of a sudden, has become!
My Positions have not changed
Long Physical Au , long COVID DRIVEN DEMAND SPECCYS
SHORT XJO via Puts once this Dead Car is over. I predict Mkt on Wednesday I'll be slamming so more on early in the Session - fairly tight maybe a longer expiry this time...Strikes maybe 5200-4900??? Thoughts opinions, drivel...all welcome.
Happy Easter ALL and God Bless.
Always DYOR.
CREATED WHOLLY AND SOLELY BY OUR RESERVE BANK'S MORONIC QE free helicopter money for the Markets and consequently bolstering asset prices. I saf FK it, let it Rip. Let the Market decide how healthy it is on its OWN without massive interference WITH THE RBA as a MASSIVE MARKET WIDE Buyer.
... TBH the KILLJOYS have taken ALL THE FUN out of it! They have set effectively a floor under ANY downside moves...so Pitting your Bear Wits against those of the Bulls....well, down thew Memory Hole until they stop buying which they claim to be "open ended" ..?
WTFKNGF? !!!!
Surely the RBA know that unbridled Printing causes far more SERIOUS EXISTENTIAL PROBLEMS in the Real Economy than if poor, inflated, debt funded Asset prices of the upper income bracket percentile were to find the correct
unadulterated natural Equilibrium. No we couldn't possibly ALLOW THAT to happen !
FRRRROOT!!! THIS POLICY will bring about the end of the current World Financial Regime altogether...like I've consistently said ;
this IS the BIG ONE for Our Age.
How very exciting Life, All of a sudden, has become!
My Positions have not changed
Long Physical Au , long COVID DRIVEN DEMAND SPECCYS
SHORT XJO via Puts once this Dead Car is over. I predict Mkt on Wednesday I'll be slamming so more on early in the Session - fairly tight maybe a longer expiry this time...Strikes maybe 5200-4900??? Thoughts opinions, drivel...all welcome.
Happy Easter ALL and God Bless.
Always DYOR.