#1
Posted 30 May 2016 - 04:49 PM
https://www.supersta....php/world/1384
#2
Posted 30 May 2016 - 06:06 PM
#3
Posted 30 May 2016 - 06:51 PM
Well, Fed buying doesn't cure the patient. World is made up of more than stocks and equities...
Memories are short enough now for people not to remember the underlying rules...
When the banks get flaky, and certain ones are like DB are extremely flaky, downgraded to 2 levels above junk, and they are the 7th largest bank in the World, just under JPM, BNP Paribas, and and then the 4 Chinese banks...and China has it's own set of issues.
When I look at the roster now, to me it's just the order of failure...
DB counterparty risk is the Tsunami behind the earthquake...
But anyway the point of this is that we have already been to the place where the banks distrust each other, so that's not new...
And it tells you something about the character of the business too, that nothing is off-limits... and that's why DB is in trouble.
and when the banks get funky, your money is funny money...
We have to be on guard for a STRUCTURAL disaster...
That's the one that wipes everyone out.
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#4
Posted 30 May 2016 - 08:56 PM
I believe that Fed took over the market since 2008 crash
http://stockcharts.c...id=p71948861617
Edited by redfoliage2, 30 May 2016 - 09:00 PM.
#5
Posted 30 May 2016 - 09:15 PM
that has been obvious to anybody paying attention. I just think the general public is unaware.
#6
Posted 30 May 2016 - 09:31 PM
I guess the Fed is trying to push the market to over the April's high to create a good buffer zone before the Brexit vote.......
#7
Posted 30 May 2016 - 09:38 PM
how would bail-ins work out for them after markets were worthless, it will rise right up until the day it closes.
"marxism-lennonism-communism always fails and never worked, because I know
some of them, and they don't work" M.Jordan