Posted on 03/10/2020 3:14:47 AM PDT by MeneMeneTekelUpharsin
Futures up - +1,057. Interesting that it drops so far and swings so far back up. Seems somewhat manipulated. Causing margin calls on purpose? Where's the SEC? lol.
(Excerpt) Read more at money.cnn.com ...
Greed and fear drive the market. Always have, always will.
It’s normal.
I worked as an Institutional Equities Trader for decades ... in Los Angeles.
I have been retired for a couple of years now. I’m used to getting up early, early in the morning to check out the market to plan my trading strategies.
Silly!
I have been saying that for weeks.
The underlying economy is still pretty sound.
“””Greed and fear drive the market. Always have, always will.””
Not necessarily...............have you ever heard of the Hunt brother from back in the late 70’s early 80’s
Hunt Brothers, tried to corner the silver market. Got burned.
Emotions
I still expect that by the close today we'll have a 300-500 dead cat bounce.
3 and 4 % moves in the pre market is normal? No it’s not.
Not even remotely close at all.
That wasn’t greed?
As it happened, I contacted a silver dealer to cash in some that I had the very day the Hunt bubble burst.
I could hear the fear in the guy’s voice as he told me he wasn’t buying.
This morning, it's gapped UP to above its yearly high. Someone's playing games here.
The massive deficit that the administration is running takes away one tool the government has to help offset economic downturns - increased spending. With a current trillion dollar deficit there is a limit to how much more money the government can pump into the economy. The second tool the government, or rather the Federal Reserve, has to offset downturns is reducing interest rates. But rates have already been driven down to levels we saw at the worst of the 2008 recession so that tool is gone, too. If there is a downturn then the economy is pretty much on its own.
Yeah but the PSYOPS Dept, FEAR PORN progagandists haven’t awoke and had their small/tall latte from Orwellian coffee.
“With the amount of debt the U.S. is carrying?”
All the incumbents get to wear their new hats M.A.D.S. Make Americans Debt Slaves, provided by $0R0$. He’s the mad hatter.
Just kidding. Don’t drone me bro. /kidding
23,453,679,+++
Socialism is Legal Plunder - Bastiat
http://bastiat.org/en/the_law.html
Is that you, Bernie?
When margins grow while volatility increases you know someone is milking the Bull while the sheep are getting sheared...
Cash is a position.
Buy the dip, sticks. Don’t worry. It’s just stuff on a screen. As Ann Barnhardt said, “If it’s not in YOUR hands, YOU don’t own it.
https://www.youtube.com/watch?v=oh4tHpUflDA
Where’s Frankie...at the Vatican?
HOW DARE YOU, PGalt!
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