The bears den

[churnmaster]

https://www.bloomberg.com/news/arti...les-into-treasuries-on-possible-fed-rate-drop

Legendary investor went from 93% invested to net flat, he said

Is that why he's called legendary? From one extreme (optimism) to other extreme (pessimism) ... pendulum swing

 

[hindsight]

I fully agree with you. You need massive job cuts and bankruptcies for rate cuts to happen. In 2008, the economy was losing close to 800K jobs every month and unemployment rate surged to 10%. Now, the economy is adding about 200K jobs while the unemployment rate is less than 4%, where's the need for rate cut at this point.

In fact, the rate hike was to start once unemployment rate dropped below 5%, as per the original Fed plan but Janet Yellen just maintained statuesque till her very last Fed meet as Chairperson. Powell had to speed up the rate hike cycle.

May be Trump, as a businessman with lot of borrowings, is feeling the heat with all these rate hikes and thus wanting the Fed to cut rates. His personal agenda.

Unemployment rate and jobs are lagging indicators, the unemployment rate was still under 5% when Bernanke began cutting rates in 2007, that was before the massive job losses in 2008.

Is that why he's called legendary? From one extreme (optimism) to other extreme (pessimism) ... pendulum swing

I think he is considered a legend because his fund (Duquesne Capital) averaged 30% per annum with no drawdowns for a whole 10 years before it was shut down in 2010.

 

[theMKR]

I think he is considered a legend because his fund (Duquesne Capital) averaged 30% per annum with no drawdowns for a whole 10 years before it was shut down in 2010.

30% pa for 30 years....

if i can 3% a year i heypi liao. at least beat my loan interest

 

[theMKR]

1 day up 1 day down.

yesterday down, today UPz!!

 

[coolhead]

1 day up 1 day down.

yesterday down, today UPz!!

Will you reckon if today's upwards movement and perhaps tomorrow will be to retest 200ma?

Sent from HMD Global TA-1004 using GAGT

 

[theMKR]

Will you reckon if today's upwards movement and perhaps tomorrow will be to retest 200ma?

Sent from HMD Global TA-1004 using GAGT

i already put money on my keyboard. BABA @ 150.35 long

my TSLA @ 179.99 short is losing money thou now 182 liao

if today SHOP goes 275 and above, i going to buy 100 Puts @ 260
cos i think tmr will fall.

in fact, i think it will fall more than just because its the binary day pattern.

 

[coolhead]

i already put money on my keyboard. BABA @ 150.35 long

my TSLA @ 179.99 short is losing money thou now 182 liao

Tsla is a freak of nature, I dun dare touch it now..

Sent from HMD Global TA-1004 using GAGT

 

[theMKR]

Tsla is a freak of nature, I dun dare touch it now..

Sent from HMD Global TA-1004 using GAGT

i scare some how musk can leverage his spaceX/jewish connections to do a super short squeeze. then I gg.

Last night I long TSLA when near closing, because i expected a suddenly buy in (to avoid margin call by people). but didnt exit in time at 180. exited 179.85 instead

actually it didnt raise as much as i tot it would..... i expected to be like 182+....

 

[MrHighlander]

What’s with STI and bank stocks today ? All pummeling up . I don’t see any catalyst - anyone knows ?

 

[revhappy]

What’s with STI and bank stocks today ? All pummeling up . I don’t see any catalyst - anyone knows ?

Bear markets have such vicious pull backs from time to time.

 

[coolhead]

What’s with STI and bank stocks today ? All pummeling up . I don’t see any catalyst - anyone knows ?

I'll guess it follows us market futures.

Sent from HMD Global TA-1004 using GAGT

 

[revhappy]

 

[revhappy]

 

[revhappy]

I will get rid of my short PUTs on this upmove.

 

[theMKR]

Shorting even more tsla now

 

[DukeCS33]

Shorting even more tsla now

Do not let your cat tell you what to do

 

[coolhead]

S&P500 seems to be testing the 200ma.

 

[revhappy]

 

[Mecisteus]

Good chance for the bears to short!

 

[revhappy]

Got rid of 4 PUTs for a tiny profit.