Closing out a week of crazy tumult, let’s check in with the great iced cube marinator himself–Arthur Cashin.
He thinks this is a short covering rally–but it may have legs.
Not a fan of Japanese negative rates, saying ‘it won’t end prettily’.
Said one day, someone will go too far and “the currencies will go.”
Maybe I should buy some bitcoins.
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” the great iced cube marinator himself–Arthur Cashin.” Classic.
Zero rates worked so well for japan neg rates must be the sign that skyrocketing growth is just around the corner
Thank you for not posting videos of Rick Santelli.
I will only post videos of Rickard when he’s having an on air melt down.
Cashin make Ralph and Mortimer Duke look like actors…absolutely love this guy.
“Maybe I should buy some bitcoins.”
I own a few bitcoins, which I purchased more or less for recreational purposes. And they have spiked up on previous events, but not this time. It may be time to use them to purchase illicit goods on the dark net.
I guess negative rates are nice for banks that get paid to hold people’s money. For the customers, not so nice. Their mattress can hold their cash for free.
No, Art Cashin, it will not end prettily. But it won’t end soon either. If I were Fly I’d be more nervous about holding TLT too long than about holding SPY too long. Of course, no one knows for sure.
Where the hell does Mr. Cain Thatcher go during the week?
Is prettily a word ? Like sayin it could end ugily. No ?
Probably. Using ly to turn the adjective into an adverb, albeit in an unconventional way.
Which brings me to the Buñuel film entitled “Belle de Jour”; why isn’t the title “Belle du Jour”?
belle du jour = today’s pretty (pretty of the day)
belle de jour = pretty during day
du is the contraction of “de le”
vampr:
https://en.wikipedia.org/wiki/Belle_de_Jour_(film)
Merriam Webster says it’s a word.
http://www.merriam-webster.com/thesaurus/prettily
Frog, Thanks. I already read that. I’m referring to the subtle semantical difference between the use of “du” versus “de” and I’m not a french academic but I do think the use of “de” is meant to emphasize the complexity of the storyline. I can’t help but think it’s more than just a french colloquialism.
For some crazy reason, the movie and the story remind me of the financial marketplaces; confusion, beauty, buyer’s remorse, violence, brutality, seller’s remorse, wanting what you can’t have; what if we call it this and then you think you can have it and so you buy into it; all being played out sub-consciously and then being accounted for, consciously and realistically hopefully before the damage is permanent.
Vampr, yes the financial market places are like that. Mostly stemming from a sucker being born every minute– and 10 out to get him.
Buying Exodus oversold signals, which can come early and may require one to hold on for a week or more with losses, will pay off in the end.
Too much technical chatter out there scaring people from big money making opportunities.
To add to tech analysis chatter you have….type (z) this go around into Google search…. virus starting to go on full tilt. Time to make some bucks.
That said, using stops of course.
Le Fly would you care to surmise the next bubble?
Bubble? In real estate? In Vancouver? Nah.
http://thekavanaghgroup.com/mylistings.html/details-54343858
one-eightly-
That is amazing, particularly since they dressed up the interior and left the outside looking like a shack.
In top ten markets of the USA, a reasonable question- What middle or upper middle class single person is OK with a $2,900 mortgage payment? This would be for a house at a distance requiring a 2 hour commute each way.
The #1 North American destination of Chinese with bags full of who-knows-where-it-came-from cash.