Somewhere in this thread I was talking about the bond market blowup of, I think, 1994. It was right around there. I went to California from New England with one of my mentors to see "S.S". They were in the office building right on the beach in Santa Monica. The one in the beginning of Baywatch...
Yes. Well said. My only question now, having missed the latest part of the move, is where do I get in and what's my stop? Patience, I guess is the key. Asking myself whether the retracement will be quick and violent, or drawn out.
Wow I go away for awhile and nobility shows up. Maybe I should go away more often. Anyway, welcome. And I did notice the chart pattern, the flag that started to ascend to the right. Looks like the previous pattern has been broken now.
Got a bit of a bounce in EURAUD and EUR Nzd. I noticed that UBS-- the bank -- is down about 4 percent. That would account for the EUR weakness and vol in the crosses.
Back from the dead. And a long sail around Florida. Did the cranium some good to not watch the market for awhile. Gold finally broke just on the Asia open--shorted Kiwi at .72 even. Everything lining up for some blood letting in equities. Should see continued pressure up on dollar. That was a...
Weird how you get these waves of panic, then it quiets down---an eerie quiet. I'm kinda thinking that the firetruck is at the house and the news crew is outside, so the worst may be over now. Unless some more ETF's blow up tonight and tomorrow morning. Which is a distinct possibility after a...
Looks like the fecal material just hit the fan. Short EUR Chf, Usdjpy, Aud. I've been in and out several times, so the levels don't matter as much as where your stop is and how much.