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The Swamp

  • #52,921
  • Feb 28, 2020 8:30am Feb 28, 2020 8:30am
Quoting DMA Trader
{quote} i honestly have no idea. today and monday could be panic

NYSE opening - let's see who has the balls to buy !
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #52,922
  • Feb 28, 2020 8:31am Feb 28, 2020 8:31am
Quoting DMA Trader
Fed’s James Bullard says rate cuts possible only if coronavirus turns into pandemic back - this is exactly like 2018 - they will force them to cut. the amount of money that is at stake is huge. so they will cut. sometime in huge panic strange day today
The market rate for treasuries is already 1.18% atm. The fed rate 1.75. Borrowing money is already cheap. prime 4.75/5 ish.. that market rate could shave another 1/2 point. I guess we all should get a new car under our seat. The 2008 crash was bad for many. But it did expose a lot of cheating. It made people be more responsible with money. It exposed weakness in the system, laws were strengthened.

dow down 700/800
those who can, do. those who cant, talk about those who can
  • #52,923
  • Feb 28, 2020 8:35am Feb 28, 2020 8:35am
Quoting DMA Trader
{quote} SPX 2877 wow went long agan !!! crazy days could see something huge today

close for almosy + 40 !!! yeah now comes the harder part
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #52,924
  • Feb 28, 2020 8:35am Feb 28, 2020 8:35am
The reality of situation, use your brain.. We are in a pandemic. Is a rate cut gonna make you want to start a business, or expand the one you have?


Not meant for funeral home owners.
those who can, do. those who cant, talk about those who can
  • #52,925
  • Feb 28, 2020 8:35am Feb 28, 2020 8:35am
Quoting gatorinla
{quote} The market rate for treasuries is already 1.18% atm. The fed rate 1.75. Borrowing money is already cheap. prime 4.75/5 ish.. that market rate could shave another 1/2 point. I guess we all should get a new car under our seat. The 2008 crash was bad for many. But it did expose a lot of cheating. It made people be more responsible with money. It exposed weakness in the system, laws were strengthened. dow down 700/800
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #52,926
  • Feb 28, 2020 8:37am Feb 28, 2020 8:37am
Quoting gatorinla
The reality of situation, use your brain.. We are in a pandemic. Is a rate cut gonna make you want to start a business, or expand the one you have? Not meant for funeral home owners.

I agree a rate cut is useless is this environment.
I EAT PIPS
  • #52,927
  • Feb 28, 2020 8:38am Feb 28, 2020 8:38am
Quoting gatorinla
{quote} The market rate for treasuries is already 1.18% atm. The fed rate 1.75. Borrowing money is already cheap. prime 4.75/5 ish.. that market rate could shave another 1/2 point. I guess we all should get a new car under our seat. The 2008 crash was bad for many. But it did expose a lot of cheating. It made people be more responsible with money. It exposed weakness in the system, laws were strengthened. dow down 700/800
up a little since.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 119 KB
those who can, do. those who cant, talk about those who can
  • #52,928
  • Feb 28, 2020 8:39am Feb 28, 2020 8:39am
Quoting DMA Trader
adding to Short position - Short EUR 987
+15 here

3 short left - 1 long from 1.1
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #52,929
  • Feb 28, 2020 8:46am Feb 28, 2020 8:46am
Swiss got back in the green, phew
I play the trade gamble to feed my Porsche addiction.
  • #52,930
  • Feb 28, 2020 8:48am Feb 28, 2020 8:48am
Quoting DMA Trader
{quote} +15 here 3 short left - 1 long from 1.1
Closed one too for 10 pips. Have only 3 Euro shorts left like you.



Cheers

Jeff
I EAT PIPS
  • #52,931
  • Feb 28, 2020 8:49am Feb 28, 2020 8:49am
exactly, all it will do is help stock prices, and aid in companies buying back stock. The stock market isn't the economy. The poor guy wanting to open a restaurant won't get the money and he shouldn't. Why should a bank risk money, for a mom and pop business during a pandemic? The banks are just going to loan to certain people and hoard the rest. Liquidity should be less available. All this is just building a new bubble in stocks.. We are currently in the middle of a pop..And the middle class/poor will pay for it. Bend over and get out your check books. Smile for the camera, U knew you took in a snake.
those who can, do. those who cant, talk about those who can
  • #52,932
  • Feb 28, 2020 8:49am Feb 28, 2020 8:49am
Long Gold 1617 !
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #52,933
  • Feb 28, 2020 8:57am Feb 28, 2020 8:57am
dow is down 800, eu dropped some during. The equilibrium process looks to be showing up.
those who can, do. those who cant, talk about those who can
  • #52,934
  • Feb 28, 2020 9:01am Feb 28, 2020 9:01am
Quoting gatorinla
dow is down 800, eu dropped some during. The equilibrium process looks to be showing up.
dow down 900 atm, eu didnt make a new high. it dropped some.
those who can, do. those who cant, talk about those who can
  • #52,935
  • Feb 28, 2020 9:02am Feb 28, 2020 9:02am
Quoting gatorinla
dow is down 800, eu dropped some during. The equilibrium process looks to be showing up.
gold falling - eur/usd falling - SPX falling ...

DOW another 1000 points wow
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #52,936
  • Feb 28, 2020 9:04am Feb 28, 2020 9:04am
Quoting gatorinla
{quote} dow down 900 atm, eu didnt make a new high. it dropped some.
eu still holding.. as we drop.. dow down 1000
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 115 KB
those who can, do. those who cant, talk about those who can
  • #52,937
  • Feb 28, 2020 9:11am Feb 28, 2020 9:11am
usd is showing a glimmer of strength, as the dow and treasuries make a LL. The hidden usd power is trying. It looks like the scale is in the early process of tilting.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 28 KB
those who can, do. those who cant, talk about those who can
  • #52,938
  • Feb 28, 2020 9:15am Feb 28, 2020 9:15am
full tilt is a lc below 0855 before 1h 15 min
those who can, do. those who cant, talk about those who can
  • #52,939
  • Feb 28, 2020 9:38am Feb 28, 2020 9:38am
GOLD !!!!
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #52,940
  • Feb 28, 2020 9:47am Feb 28, 2020 9:47am
just saw GBP - GJ GU and UJ my oh my
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
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