2 ms·
Yes. I love this from an executive-action standpoint. They are _doing_ something about something, in the face of a lot of fearful messaging. And that gives the
by themodelplumber 7y ago
Yes. I love this from an executive-action standpoint. They are _doing_ something about something, in the face of a lot of fearful messaging. And that gives the rest of us an even better "emotional/energy vector" which is based on a promise of government support and action in support of business.
We are participants in the most creative and powerful world economy of all time. Regardless of geographical location, cultures are generally more unified and geared toward working together than ever. Markets have shown an impressive amount of resilience in the face of unprecedented fear messaging. People are ready to work hard; in fact they're wearing themselves out by working harder than they have before in many cases.
This is exactly the kind of action we need right now.
- 0x8BADF00D 7y agoDelusional take. The petrodollar system is collapsing. USD will not be the reserve currency for much longer.
- themodelplumber 7y agoSo you have this information and see only downsides? I'm curious if this is a perception-only exercise for you, or if you are taking steps to execute on that perception in a way that helps you and others prepare and pivot as needed. Or do you really see literally endless downside, and have thus decided to lock yourself out of actions you can take now to prepare for future upsides? If so that would suck, because this could line up an epic self-fulfilling prophecy on a personal level. Still, a lot of people do that, and regret it later. They may get a few prophet points here and there, but that's it. Now is the perfect time to take risks on a wide variety of factors, including those I mentioned above. But if you are only primed to foresee disaster, you probably can't do that. The comment seems to point at a low level of risk tolerance.
- 0x8BADF00D 7y agoIf my hypothesis is correct, I have unlimited upside. It's hard being bearish in any market, but now's the best time to be one. Across many asset classes. Probably not stocks, because the Fed will continue to inflate those assets. But in real terms they will drop. GC >= 1800 EOM, CL <=20 EOW, SI >= 16.5 within 2 weeks are my predictions.
- _curious_ 7y agoCare to put a timestamp on that?
- 0x8BADF00D 7y agoI'm a position trader, I don't really look at timestamps of Level II data. I only have to understand the fundamentals of any market I invest in. Day traders and scalpers/algo are the ones you want to talk to about timestamps.