Is anyone else concerned about the repo action occurring
overnight and the fed putting unlimited funds into the banks until
Oct. 10th. Above my pay grade but apparently similar to the
week before the 2008 crash. That said we don't have the NHYL
divergence and other warnings. Would like to hear from the
guru's.
yep, again something to monitor but not to trade off. If any
major problems occur it will show up in the charts. Just like in
2008, all the signs where there in the charts before it happened,
it wasn't like the market was just happily uptrending then bam the
floor fell out, the topping process was clearly evident in the
charts well ahead of it
it's a concern and something to continue to monitor, but it's
also not something you can trade off at this point, follow the
charts. I know about as much about it as you do honestly
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Is anyone else concerned about
Posted by erikvik on 23rd of Sep 2019 at 07:56 pm
Is anyone else concerned about the repo action occurring overnight and the fed putting unlimited funds into the banks until Oct. 10th. Above my pay grade but apparently similar to the week before the 2008 crash. That said we don't have the NHYL divergence and other warnings. Would like to hear from the guru's.
Heres an article from Wolf
Posted by praetor54 on 23rd of Sep 2019 at 08:16 pm
Heres an article from Wolf Richter on the subject
Fed Admits Failure of ‘Plan A’ to Control Money Market Rates, Shifts Back to Repos (which was ‘Plan A’ till 2008)
yep, again something to monitor
Posted by matt on 23rd of Sep 2019 at 08:43 pm
yep, again something to monitor but not to trade off. If any major problems occur it will show up in the charts. Just like in 2008, all the signs where there in the charts before it happened, it wasn't like the market was just happily uptrending then bam the floor fell out, the topping process was clearly evident in the charts well ahead of it
Yes, exactly why we use
Posted by praetor54 on 23rd of Sep 2019 at 09:23 pm
Yes, exactly why we use charts, technical analysis and BPT to trade. Ignore the noise and concentrate on the charts in front of you!
that's also why I try
Posted by matt on 23rd of Sep 2019 at 09:01 pm
that's also why I try to provide you guys with tools like the DVT higher low stops etc
it's a concern and something
Posted by matt on 23rd of Sep 2019 at 08:04 pm
it's a concern and something to continue to monitor, but it's also not something you can trade off at this point, follow the charts. I know about as much about it as you do honestly