Bears have full control of The Great Financial Wall
Well, well, folks, for those who have been following my narrative about The Great Financial Wall (GFW), it shall be told now that, after months of battle, the bears today took full control of the GFW. With much pain, they thwarted the final stealth bull attack (ie. repo injections) which almost allowed the bulls to reach the other side of the wall.
However, as it stands today, the greatest bears who have withstood years of loss and humiliation are now standing atop a solid defensive structure and an array of arsenals at their disposal. Now they await the arrival of their brothers and sisters to begin the march into the corrupted heart of the market to finally clean it out and bring the economy back to reality.
No doubt, there will be many battles to be fought as the bulls still have strength south of the wall. However, the bears have gained the most important ally, the Phoenix of fire (VIX), whilst the magician of the bulls (central banks) have perhaps one more trick up their sleeves. Unfortunately, they wasted all their ammo jacking up the market instead of actually saving the economy.
Good luck to all! To my friends who do not know how to play a bear market, please stay in safe assets. To my bear brethren, stay strong and watch out for the short squeezes which will inevitably come!
However, as it stands today, the greatest bears who have withstood years of loss and humiliation are now standing atop a solid defensive structure and an array of arsenals at their disposal. Now they await the arrival of their brothers and sisters to begin the march into the corrupted heart of the market to finally clean it out and bring the economy back to reality.
No doubt, there will be many battles to be fought as the bulls still have strength south of the wall. However, the bears have gained the most important ally, the Phoenix of fire (VIX), whilst the magician of the bulls (central banks) have perhaps one more trick up their sleeves. Unfortunately, they wasted all their ammo jacking up the market instead of actually saving the economy.
Good luck to all! To my friends who do not know how to play a bear market, please stay in safe assets. To my bear brethren, stay strong and watch out for the short squeezes which will inevitably come!