Posts by "frog"

I'd be amused to see the S&P going higher until october and then crash til december... Would be fun because nobody expects that. So maybe that is why it will happen.

This stress test story is a fable provided by the EU that is currently acting as a soviet polid buro.

Everything is fake and they are able to lie and build false figures in order to mislead the financial markets (which they hate because more or less they have a socialist mindset in which capitalism is evil)

I'm used to read this hatered rhetoric against the financial markets everyday in the newspapers. I guess it's alike in Germany, Italy, Spain and Greece of course. In the middle of the Greek storm, journalists and politicians from all EU nations were pointing their fingers to the markets, accusing them to be the actual culprit of the crisis. Never or rareley they have been able to recognize their own lack of responsibility in the deficit accumulation over the last 20 years nor their disastrous welfare policy.

Now they are building a fairy tale in which everything is OK even though the entire eurozone is falling apart. More public money will be spend for more unemployed people. Believe me, it's the magic formula that the new soviet-EU bureaucracy is going to come up with.

I guess the markets at some point are eager to buy this story because the world is tired to see the gloom and doom for almost 3 years.

So let's dream a little bit more. After all, who cares ?

Even if you are right this market can make you wrong for an extended period of time.

Being bear too early means you'll be broke soon, be bull and you'll be slaughtered !

This is only volatility and false trends. There is no believers out there. All we know for sure is :
they are gonna print money. The actual question is : when ? When those billions injected into the banking system will diffuse into the real economy ? When all this QE will become inflation ?

My gut feeling is that we should see a rise of the euro for 2-3 months and then a sharp drop, say in december, when nobody expect that.

By the way I bought FAS @ 18$ and sold way to early... I could have made a fortune... Something to think about... A good week overall, but nothing to be proud of, when I made 5 instead of 100.

Here I need to change my way of trading, when I cut too quickly my gains and let my losses running.

The bull trap takes place. I see the free fall of eurus in november right before or after the US elections. I'm pretty sure republicans will sweep democrats's ass. And then, the market will discount a new fiscal et monetary policy which will take into account a stronger dollar.

So nothing to do until then IMO. Expect also the market to resume its downtrend by then.