Volume Dynamics Specialist
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.
Member
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.
Volume Dynamics Specialist
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.
Member
Posted 29 May 2018 - 11:17 AM
Agree (1) (3) (4) (5)
Disagree (2) Draghi will panic
Volume Dynamics Specialist
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...
Member
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.
Volume Dynamics Specialist
Posted 29 May 2018 - 11:45 AM
That doesn't count their derivative exposure...
Estimated at $75T
Draghi check book not even close.
Member
Posted 29 May 2018 - 12:54 PM
Wir sehen werden, nicht wahr?
Member
Posted 29 May 2018 - 01:03 PM
right now stock seems headed a lot lower
Volume Dynamics Specialist
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...
