Well sorry guys if anyone followed my prediction and got burned... This "twitter" intervention is just too painful..
Why are they insisting/speculating on the cuts? I mean... EVEN if (which I do not believe, at least not for the next 3 months)... they cut it... this will be followed by even worst economic (high impact) news some time later.... cutting the rates is just a quick fix (the "crack")... with devastating consequences later... and you are out of buffer/boost for when really needed... this obsession with eternal ("super/record") growth instead of stabilising/locking it where it is... but that is another topic
This is how market should go from this unnatural course.. this is how it should reroute back if the markets would follow naturally....
See attached the violet line... Or my model is broken, you decide... we will see soon enough... And oh yea... they mentioned IT thinking about leaving the EU(r)... was almost not covered at all... just this RAT(E)S
AND PS... I "believe" there are BILLIONS being BURNED for it to go down.. but nothing... so something going on.. either some of us were/are fatally wrong or there will be a DROP soon... "ROD DROP" style... and then (with possible short retracement) (hopefully) SLOW but steady downtrend for the summer... But If they will be playing with this (I believe) FAKE UP-PUSH... it might not be slow at all but a RAPID DESCENT...
Why are they insisting/speculating on the cuts? I mean... EVEN if (which I do not believe, at least not for the next 3 months)... they cut it... this will be followed by even worst economic (high impact) news some time later.... cutting the rates is just a quick fix (the "crack")... with devastating consequences later... and you are out of buffer/boost for when really needed... this obsession with eternal ("super/record") growth instead of stabilising/locking it where it is... but that is another topic
This is how market should go from this unnatural course.. this is how it should reroute back if the markets would follow naturally....
See attached the violet line... Or my model is broken, you decide... we will see soon enough... And oh yea... they mentioned IT thinking about leaving the EU(r)... was almost not covered at all... just this RAT(E)S
AND PS... I "believe" there are BILLIONS being BURNED for it to go down.. but nothing... so something going on.. either some of us were/are fatally wrong or there will be a DROP soon... "ROD DROP" style... and then (with possible short retracement) (hopefully) SLOW but steady downtrend for the summer... But If they will be playing with this (I believe) FAKE UP-PUSH... it might not be slow at all but a RAPID DESCENT...
Can you afford to take that chance?