Japan is lower by 2.2% and the rest of Asia is about to open.
All eyes on credit markets, especially SHIBOR.
1 wk SHIBOR in death mode
How can we buy any dip with charts like that?
UPDATE: CHINA INJECTS 50 BILLION YUAN TO STEM CRISIS.
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Heat or Spurs?!
spurs
No dipping this time 🙂 too many sharks in the water
You can change your mind though as traders often do!
Yes I reserve this right lol but I doubt it .. have to blog about it tomorrow… there is a LOT of wrong with this selloff: EVERYTHING flashing down hard… don’t remember anything like that.. every commodity, every sector, every asset class… I call it new name BB CLUSTERFUCK …
I remember it near the end of 2008-2009. But that was forced liquidation that had to bankrupt a few financials first.
Other than bankrupting some miners, I can’t see why the market is throwing the baby out with the bath water… Unless its pricing in WW3 or something,
listen to me you stupid bastard…. lol you cant escape this.
and went Noah built the arch they all laugh.
The Nikkei is the buy when this fake panic is over. Trust the samurai that doubles the money supply.
The market is pricing in world war 3.