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Shorting the Housing Bubble in Australia, page-53

  1. 16,324 Posts.
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    Strong close all across.... fins and real estate... only the $AUD dollar that has been bugging me.....

    Well, yesterday we have re-tested $4.25's from 20/01/2017.... Today, we had a good go at re-testing $4.20's and we have a close at the lowest of the day at $4.15.

    No chart/stock/SP rise or drop in a straight line as you know it... only in a sequence of crash.... So, I do expect some smaller traders to start covering their shorts soon.... but.... I would not be so quick if you after the big bucks.......

    The next re-test here is $4.03 of 17/11/2016... as you can see on this quick draw of a weekly chart.... I've draw a weekly only on purpose to you be able to see what I'm meaning on my calculations..... Daily chart will show the same but, the chart will be so much longer that you will not see much on a forum attachment if you know what I mean.

    Tonight Janet Yellen screaming ...not speaking....

    https://b-us.econoday.com/byshoweve...rId=eco-iframe-container&prev=/byweek.asp#top

    she also testifies later on..... on monetary policy... LMAO....

    https://b-us.econoday.com/byshoweve...rId=eco-iframe-container&prev=/byweek.asp#top

    So, markets are waiting for some positive BS if you like it....... should be a very interesting night ahead....

    The End Game here is raise rates and suck as much maturities as possible before have to do allover again and cut rates and print more money..... when the next recession arrives.... it's been over 8 years now since the last recession..... we all know that we are due for one soon.... the global debt is at record highs, we've got so many "pockets" of wars and potential new wars around the world, and we've got BUBBLES everywhere..... in most of countries.... so what will be ? Are you hedged for this ?

    Chart below:





    GLTA

    cheers

    T10
 
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