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DB SHORT TERM ABC DOWN COMPLETE - WHAT IS NEXT?

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#1 SemiBizz

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Posted 29 May 2018 - 07:39 AM

DB REACHES ABC DOWN PROJECTION

 

11.48 this morning in pre market...

 

Looks like this can extend into the 10s...

 

Or we could bounce here...

 

Either way it's going LOWER.

 

I suspect ECB is going to try to package all the junk in the balance sheets into a "bad bank" to try to cover up the disaster...

 

But those instruments aren't going away...


Edited by SemiBizz, 29 May 2018 - 07:40 AM.

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#2 libertas

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Posted 29 May 2018 - 08:18 AM

No, they'll end up on the ECB's balance sheet where they will stay at some mythical valuation.



#3 SemiBizz

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Posted 29 May 2018 - 08:24 AM

Nope, read the recent press announcements...

 

DB is out of the securities business...

 

ECB isn't going to bail anyone out...

 

German Gov't is going to take the pipe on this...

 

Eur$ is going to 80 cts.

 

Before the E.U. breaks up entirely.


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#4 libertas

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Posted 29 May 2018 - 11:17 AM

Agree (1) (3) (4) (5)

Disagree (2) Draghi will panic



#5 SemiBizz

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Posted 29 May 2018 - 11:21 AM

2)  His checkbook doesn't come close to covering it...

 

That is why #3 is the only choice.

 

and why the E.U. will break up...

 

Why should France pay for Germany's F' Up?

 

UK already figured this OUT...

 

yes.gif


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Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics


#6 libertas

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Posted 29 May 2018 - 11:38 AM

He panicked in 2014 and printed 2.5 trillion euros since then. DBs total assets (end 2017) are only 1.8T euros.



#7 SemiBizz

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Posted 29 May 2018 - 11:45 AM

That doesn't count their derivative exposure...

 

Estimated at $75T

 

Draghi check book not even close.


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Volume is the only vote that matters... the ultimate sentiment poll.

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#8 libertas

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Posted 29 May 2018 - 12:54 PM

Wir sehen werden, nicht wahr?



#9 gannman

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Posted 29 May 2018 - 01:03 PM

right now stock seems headed a lot lower


feeling mellow with the yellow metal


#10 SemiBizz

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Posted 31 May 2018 - 07:23 AM

There is a lower low again this morning pre-market 

 

Just plummeted to 11.23

 

Nope, Europe's problems aren't going away...

 

In fact they are just coming to the surface...


Price and Volume Forensics Specialist

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