From the look on Ken Lewis's face, there is a rate cut brewing. He would not have swallowed this big bitter pill without some kind of assurance from Benny B.
Ben also needs Goldmine and PJMorgan to belly up to the bar, and they are not going to ingest big losses without a little cocaine line of a rate cut, I would guess.
nixtr
· 1 year ago
To all you people who think Zach is reversing his views to get his readers to go the other way, you have got to be high. For one thing, he has no idea what options you are buying, or if you can buy 5 shares of stock or 5000.
Right now, hedgers are throwing tidal waves both ways in a matter of ticks. Your buys are of no consequence. Please, get a clue.
Also, there is the often overlooked issue of personal integrity, and since most good traders have to be able to interpret data, they should be able to sleuth from his attempts to help make this site a good source of info that he is not pulling some convoluted scam. Btu believe what you will and invest your 20k however you need to. :P
beekay
· 1 year ago
Thanks for the insights Zach. They are sharp as ever and a guide for the perplexed me included!
Some further observations whilst Apple sp has corrected over 30% since its highs the Dow has corrected 23% and S&P 24%. To me that suggestes there is further to go as here in the UK the ftse has corrected 24% while our financials are down 83% to 60% and commodities 27% to 50%! Crash helmet firmly on Vigilant and loose (in all respects!)
All Comments
Ben also needs Goldmine and PJMorgan to belly up to the bar, and they are not going to ingest big losses without a little cocaine line of a rate cut, I would guess.
Right now, hedgers are throwing tidal waves both ways in a matter of ticks. Your buys are of no consequence. Please, get a clue.
Also, there is the often overlooked issue of personal integrity, and since most good traders have to be able to interpret data, they should be able to sleuth from his attempts to help make this site a good source of info that he is not pulling some convoluted scam. Btu believe what you will and invest your 20k however you need to. :P
Some further observations whilst Apple sp has corrected over 30% since its highs the Dow has corrected 23% and S&P 24%. To me that suggestes there is further to go as here in the UK the ftse has corrected 24% while our financials are down 83% to 60% and commodities 27% to 50%!
Crash helmet firmly on Vigilant and loose (in all respects!)