Once again, just as I thought the FED had successfully slain this beast on Wednesday, it reminded us that is is still alive and, possibly, hungrier and stronger than ever before. Within a period of less than 15 mins, it was as if this beast, crushed and pinned down by rocks, suddenly shuddered in great distress, releasing the boulders that held it down in all directions and causing tremendous damage to the market. Then, in the same swift motion, it lay back down again to rest until the end of the trading day where it seems to now be rubbing away its grogginess and pulling itself out of the rubble...
Will continuing to bury our problems keep this beast in check or just strengthen it day by day until it is a monster of unimaginable power?
What is the repo problem may I ask as reports coldly write about it as if it just some normal blip on the radar?
What happened to ROKU may I ask? What elliot degree of drop can exhibit such deep red candles?
Did anyone pay attention to what happened to treasury yields today instead of worrying about Mr. President and his game of Chinese checkers?
Yes, lots of questions there are and I think we will get the answer very soon.
Stay safe, friends, for the beast has not yet been vanquished.
Will continuing to bury our problems keep this beast in check or just strengthen it day by day until it is a monster of unimaginable power?
What is the repo problem may I ask as reports coldly write about it as if it just some normal blip on the radar?
What happened to ROKU may I ask? What elliot degree of drop can exhibit such deep red candles?
Did anyone pay attention to what happened to treasury yields today instead of worrying about Mr. President and his game of Chinese checkers?
Yes, lots of questions there are and I think we will get the answer very soon.
Stay safe, friends, for the beast has not yet been vanquished.
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The moment is here. Show yourself beast.