Cheese 1,374 posts msg #150452 - Ignore Cheese |
1/22/2020 9:36:00 AM
karennma, it was a scalp with a small gain. just pure dumb luck. I took a chance because
MO is supposed to be a good way to play cannabis.
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Cheese 1,374 posts msg #150453 - Ignore Cheese |
1/22/2020 9:38:51 AM
karennma, you and Joanne Klein are right to stay bullish. Smart move. Power to you!
I am with the bulls who stay close to the exit door.
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karennma 8,057 posts msg #150457 - Ignore karennma modified |
1/22/2020 10:05:42 AM
As per my post last week, here's where I disagree with Klein ...
karennma
7,416 posts
msg #150355
modified 1/16/2020 11:12:09 AM
I also want to bring to your attention that the VIX has not been @ 10 since .. (edited) for a long time.
This is strange to me ...
Every week, we hit new highs, but the VIX doesn't react.
Larew's tweets are must reading.
NO ONE is buying puts.
No one is hedging.
===============================
Klein: Posted by Klein on 1/22/20 9:33 AM
"VIX at 12 usually indicates a market top"
Me: Yeah, okay. But, it ain't happening.
This time IS different and frankly, as I've mentioned before, this is part of the Prz.'s MAGA plan.
Not griping --- just sayin' ...
I'm surprised he'd expect "the little guy" to jump in at these levels.
It's real hard for me to buy something that was 90% cheaper less than a year ago.
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karennma 8,057 posts msg #150458 - Ignore karennma |
1/22/2020 10:10:04 AM
cannabis?
Is that what you're smokin'?
I did NOT say I was bullish.
LOL!
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karennma 8,057 posts msg #150463 - Ignore karennma |
1/22/2020 1:40:43 PM
Ok, got it! I should be bullish FOREVER 'cuz "they" (the powers that be) learned from 2018. The same 2018 that made me lose trust in the markets.
Okay, I got it! These guys are in DAVOS and they're NOT kidding.
QE FOREVER!!!
CLICK
CLICK
Enjoy your day ... and the free money.
$$$$$$$$$
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Mactheriverrat 3,156 posts msg #150479 - Ignore Mactheriverrat |
1/23/2020 2:03:48 PM
@karen
MO - Are we talking about Altria Group Inc?
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karennma 8,057 posts msg #150484 - Ignore karennma |
1/23/2020 8:02:57 PM
@ Mac,
Re: "MO"
I was talking about "Missing Out" (as in "FOMO").
Cheese thought I was giving a "hot tip" ... MO.
LOL!
NOT!
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Mactheriverrat 3,156 posts msg #150488 - Ignore Mactheriverrat |
1/23/2020 11:23:11 PM
ok
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fotchstecker 304 posts msg #150499 - Ignore fotchstecker modified |
1/24/2020 2:19:22 PM
"Okay, I got it! These guys are in DAVOS and they're NOT kidding.
QE FOREVER!!!"
Not sure this is any real monpol understanding. QE entails credit swaps, short term asset swaps, and debt roll. About a month ago dollar borrow rates jumping like nuts and one could literally observe the repo operations in play which had the sole effect of giving market liquidity *because* of the borrow rate. When bonds are removed from circulation, liquidity is supplied to the market. Hate to be the bearer of good news because I know how depressing that can be, but this just means that it makes it easier for people to acquire money. QE != "easy money' policies, even though, like, "QE" has become a dog whistle for people to bark at. Recall, anyhow, Janet talking about QH, not QE.
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karennma 8,057 posts msg #150502 - Ignore karennma modified |
1/24/2020 7:34:15 PM
Speaking of "repo" ...
CLICK
Good luck, longs!
All I've got to say is, never be the last drunk to leave the party.
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