Grinch comes Again: Bear Market Crash coming December... Santa Selloff #2

Australia's Inflation climbed from 6.9% to 7.3%, for November. Let's see if that's an indication of upcoming U.S. Inflation, or an indication that Australia's Central Bank (the RBA) have to go harder with Interest Rates.
 
Darc said:
Australia's Inflation climbed from 6.9% to 7.3%, for November. Let's see if that's an indication of upcoming U.S. Inflation, or an indication that Australia's Central Bank (the RBA) have to go harder with Interest Rates.
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NA inflation is rapidly dropping as I suggested was coming many months ago ( I called the top ); the yearly number understates the drop due to ... math ). Ken is at peak delusion he's absolutely refused to acknowledge his mistakes and that his calls the last 3 months have been awful. Put it this way, he thought the double on UVXY was long 10 to 20. The actual double ( plus plus ) was short UVXY at 13+ to 5.76 now.
 
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UVXY is SUCH a cruel mistress. I looked at shorting it heavily awhile back, seems such easy money, but problem is every so often is spikes like CRAZY, it can spike like 10x or something crazy in a single day or just a few days. Just buying the QQQs was better long term in my testing. But if anyone could find away to tame that beast on the short... or pick the exact times to go long....
 
formikatrading said:
One thing I have learned is that those who favor the bear side tend to be people who have a psychological need to prove how smart they are. I would rather "Be like water" and just take what the market gives me.
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I also think a lot of the older Generation are equating this Inflationary period with that of the 70s, which it's not imho.
 
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