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Listen to Mark S. Young's Interview on MarketView
This is your last chance to be prepared... DB has sealed themselves off from any further capital rescue. When a bank sells assets in distress to cover their commitments - no one will buy any new bond or stock issue. The vultures, are right behind the hyenas now as they strip the carcass of this wounded wildobeast...
By next week, we could start to hear rumors of counterparty failures as the banks stop trusting each other...
I sure hope I'm wrong, but this is your LAST CHANCE to PREPARE.
Imagine a World in which your credit card is not accepted as your bank is put on a list of untrustables... and banks closed.
Remember DB's Exposure is 40X the size of the entire 2008 Crisis...
One more thing now that can have impact....
In the review conducted in November 2015, the IMF decided that the Renminbi (Chinese yuan) would be added to the basket effective October 1, 2016. From that date, the XDR basket will consist of the following five currencies: U.S. dollar 41.73%, Euro 30.93%, Chinese yuan 10.92%, Japanese yen 8.33%, British pound 8.09%.
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Remember, "Partially Long (or Short)" means less than your normal full position. E.g., If you typically use leverage, then 100% long would be "Partially Long".
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set for the blastoff now per b-berg contacts.
The minor 2 down days were an intentional markdown for quarter end square up on positions
giving the real players better prices.
A C C U M U L A T I O N
rocket launch begins now
so quiet on this board as sooo many shorts getting destroyed
744 Views · 11 Replies ( Last reply by AChartist )
this stock is going a lot higher. it went from 25 to 88 and has pulled back to 77
it is going much much higher imho
i have been waiting for oil to trade back down around 38 to complete a h and s bottom. doesnt look like it can do it
if it can break above 49 good chance imo we head up into the 70's fwiw