Royal Bank of Scotland: "sell everything"
02-06-2016, 07:52 PM
#161
Banned
Joined APC: Sep 2015
Posts: 519
Shame on you for mis-quoting somone's post, changing the meaning of their post entirely. Pretty lame.
Originally Posted by thevagabond
My investments will be just fine but thanks for your concern. Good luck with your market timing.
Originally Posted by SayAlt
Fixed it for ya.
Originally Posted by thevagabond
My investments will be just fine... I hope
02-07-2016, 03:48 AM
#162
Gets Weekends Off
Joined APC: Jul 2013
Posts: 10,067
Originally Posted by BobJenkins
Shame on you for mis-quoting somone's post, changing the meaning of their post entirely. Pretty lame.
02-07-2016, 11:21 AM
#163
Gets Weekends Off
Joined APC: Oct 2014
Position: Downward-Facing Dog Pose
Posts: 1,537
Originally Posted by CBreezy
I'm just going to keep throwing money at it.
It'll recover like it always does.
It'll recover like it always does.
That's just it, Breezy.
The US economy isn't a C-172 anymore. Thanks to an insane and politically-motivated Federal Reserve, it has been modified into any early model P-38 with it's throttles stuck wide open and has now entered mach tuck. I'm trying to tell you to bail out before the slipstream is so bad you can't.
This isn't like any other time in history.
The banks themselves are telling you to get out. Japan is so desperate it's gone to NEGATIVE interests rates. Venezuela is already in it's unrecoverable death dive. The Chinese economy is imploding. The Fed is CLUELESS and has left itself with no policy options to speak of.
You can say all you want to say, but you can't say you haven't been warned.
02-07-2016, 11:25 AM
#164
Gets Weekends Off
Joined APC: Dec 2010
Posts: 3,093
Originally Posted by SayAlt
That's just it, Breezy.
The US economy isn't a C-172 anymore. Thanks to an insane and politically-motivated Federal Reserve, it has been modified into any early model P-38 with it's throttles stuck wide open and has now entered mach tuck. I'm trying to tell you to get out before the slipstream is so bad you can't.
The BANKS are telling you to get out. The Fed is CLUELESS. Japan is so desperate it's gone to NEGATIVE interests rates. Venezuela is already in it's death dive.
You can say all you want to say, but you can't say you haven't been warned.
The US economy isn't a C-172 anymore. Thanks to an insane and politically-motivated Federal Reserve, it has been modified into any early model P-38 with it's throttles stuck wide open and has now entered mach tuck. I'm trying to tell you to get out before the slipstream is so bad you can't.
The BANKS are telling you to get out. The Fed is CLUELESS. Japan is so desperate it's gone to NEGATIVE interests rates. Venezuela is already in it's death dive.
You can say all you want to say, but you can't say you haven't been warned.
The foundation (the US Dollar and fractional reserve banking system) is broken/dysfunctional, and we keep rebuilding on top of it expecting different results. This process will continue until we eject central banking, fractional reserve banking, and fiat currency.
If you are still pumping money in Wall Street, you're a fool.
02-07-2016, 11:33 AM
#165
Gets Weekends Off
Joined APC: Oct 2014
Position: Downward-Facing Dog Pose
Posts: 1,537
Originally Posted by threeighteen
It will recover from the mach tuck, but it will recover at a much lower altitude than it started at.
Originally Posted by threeighteen
If you are still pumping money in Wall Street, you're a fool.
The fools are the ones mocking those who have demonstrated that they know what they are talking about and are trying to help them in spite of their lack of knowledge and understanding.
Like Breezy.
Last edited by SayAlt; 02-07-2016 at 12:08 PM.
02-08-2016, 04:23 PM
#167
Gets Weekends Off
Joined APC: Oct 2014
Position: Downward-Facing Dog Pose
Posts: 1,537
Selloff in European banks is ominous
Europe’s bank index has posted its longest weekly string of losses since 2008
Feb 8, 2016
The region’s banking gauge, the Stoxx Europe 600 Banks Index FX7, -5.59% has logged six straight weeks of declines, its longest weekly losing stretch since 2008, when banks booked 10 weeks of losses, beginning in May, according to FactSet data.
“The current environment for European banks is very, very bad. Over a full business cycle, I think it’s very questionable whether banks on average are able to cover their cost of equity,” warned Peter Garnry, head of equity strategy at Saxo Bank.
The doom-and-gloom outlook for banks comes as the stock market has had an ominous start to the year.
Why a selloff in European banks is ominous - MarketWatch
Europe’s bank index has posted its longest weekly string of losses since 2008
Feb 8, 2016
The region’s banking gauge, the Stoxx Europe 600 Banks Index FX7, -5.59% has logged six straight weeks of declines, its longest weekly losing stretch since 2008, when banks booked 10 weeks of losses, beginning in May, according to FactSet data.
“The current environment for European banks is very, very bad. Over a full business cycle, I think it’s very questionable whether banks on average are able to cover their cost of equity,” warned Peter Garnry, head of equity strategy at Saxo Bank.
The doom-and-gloom outlook for banks comes as the stock market has had an ominous start to the year.
Why a selloff in European banks is ominous - MarketWatch
...................
02-08-2016, 05:09 PM
#169
Gets Weekends Off
Joined APC: Oct 2014
Position: Downward-Facing Dog Pose
Posts: 1,537
Originally Posted by thevagabond
Good luck with your market timing.
It's not "market timing". It's "risk management".
Some important charts...
Note that in the chart above, this past Friday's decline went to a crucial price level. Today, that price level was violated. Price support did not hold.
This is the S&P 500 as of today's close....
What The Charts Say: "Now Is The Time To Worry" | Zero Hedge
Last edited by SayAlt; 02-08-2016 at 05:29 PM.
02-08-2016, 05:11 PM
#170
Gets Weekends Off
Joined APC: Oct 2014
Position: Downward-Facing Dog Pose
Posts: 1,537
So, what do the outcomes of "Head and Shoulders" formations look like?
Here is the DotCom (.com) bust from 2000...
And again, from the 2008 Sub-prime crisis...
Here is the DotCom (.com) bust from 2000...
And again, from the 2008 Sub-prime crisis...
The chart below is a MONTHLY chart of market indicators that measure a variety of market internals. Currently, every single measure is registering a “SELL” signal which has only occurred during the previous two bull market cycles.
Last edited by SayAlt; 02-08-2016 at 05:30 PM.
Thread
Thread Starter
Forum
Replies
Last Post
