iBankCoin

Cashin: Markets Are Up Again Resistance

The Marinator in Chief gives his take on the markets, suggesting we’re up against some important moving averages which might pose as an impediment to the market, henceforth. More importantly, he believes Draghi will have a difficult time pleasing markets tomorrow, as they are expected a very perverted distortion of reality: MORE EUROPEAN QE, EVEN LOWER INTEREST RATES INTO NEGATIVE TERRITORY.

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5 comments

  1. frog

    Welcome, Devil Dog Marinator. The more the merrier.

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  2. stockslueth

    Shaken not stirred.

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  3. frog2

    they’re going to find cashins skeleton one day at the back of the nyse tucked between some old servers

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  4. zerosum

    I don’t think this is a Wile E. Coyote moment, exactly, but I get the feeling that it would take exactly one piece of solidly bearish macro news to send everything down the pipe. So maybe it is.

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