I maintain my bear wall of worry for dis expiration week,
given da record tempos by da Feds. Granted, it may not
work, but da boyz have a lot of August poots to retire,
and way too many are in da money now. Tempos are tempos,
of course, but da Fed won't dare to withdraw liquidity during
da expiration week, and dey may even print on Monday, and you
know what DAT means. Fed cut is now priced in for September,
BOJ raise for September, that should cause some more booboo for da
dollar/Yen carry, and soon. Da bears have to fight da Fed all da time,
sometimes da bears win, I give dem dat. But all da king's horses and all
da king's men will be out dis week to save da stocks, cause
VIX is close to 30, we are about to krash, and we will
without their help, dey know it.
But after dis week we may have some booboo in da dollar land,
one that all da king's horses and all da king's men can't
save. Da dollar booboo will krash stocks to zero in no time,
trust me on dat one. |
