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Member
Posts: 12,196
Joined: Jun 15 2019
Gold: 7,020.83
Mar 6 2025 08:06am
BoC will here most definitely. Which until this shit show I thought rates here in Canada were in a healthy place. Shame.


rate cut is going to send inflation soaring. our government isnt going to do the right thing here.

the right thing to do is to unleash the economy, tax cuts, hst cut, government cuts in spending, and opening up our LNG & Natural resource sectors to the rest of the world and let the americans come back to us.

problem is, our gov will take all this tariff money, give it to their imported class and have its hand in every process and measure enacted.
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Mar 6 2025 08:34am
Maybe I'll get to offload my Chinese holdings soon while everything else drops. Glass half full, except they represent sub 1% at this point.
Member
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Mar 6 2025 09:01am
Can’t believe I ditched kweb for this, lol.
Member
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Mar 6 2025 09:06am
Can’t believe I ditched kweb for this, lol.


Get me into the 40s somewhere and I'm dropping it.
Member
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Mar 6 2025 09:07am
Fed in an impossible situation

Damned if you, damned if you don’t

Inflation plateaued and tariffs will ensure it persists. But the fed will blink at the job market and gdp prior to inflationary fear imo

That -2.8% gdp print is wild but idk if there are variables throwing it off completely. Not smart enough about it
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Mar 6 2025 09:14am
Maybe I'll get to offload my Chinese holdings soon while everything else drops. Glass half full, except they represent sub 1% at this point.


I doubled down a lot on China last year; I got lucky I hit the bottom as it’s been a saver this year and the only thing keeping me from bleeding this year.

Baba & LI have carried me this year.

This post was edited by Schwarber on Mar 6 2025 09:15am
Member
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Mar 6 2025 09:35am
4x tests on 200ma, nothing good happens at 5th test (spy)

Imo:

One more flush under it to 565 area and cnbc screams 200sma lost bear market

Then fuck all the bears with puts near historical records and idiots chasing vix calls as they are expecting a 70 vix

Waiting to deploy rest of cash tomorrow

Bottoms this week Thursday, Friday or possibly Monday, my guess is 562-570 spy

Bullish after


This post was edited by Bazi on Mar 6 2025 09:36am
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Mar 6 2025 10:04am
4x tests on 200ma, nothing good happens at 5th test (spy)

Imo:

One more flush under it to 565 area and cnbc screams 200sma lost bear market

Then fuck all the bears with puts near historical records and idiots chasing vix calls as they are expecting a 70 vix

Waiting to deploy rest of cash tomorrow




The bad news are all priced-in
All indexes are oversold and testing 200ma and bouncing off it

All it takes now is 1 legit good news and we’re gunna bounce violently

I can smell bottoms and this smells very familiar


Member
Posts: 41,212
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Mar 6 2025 10:09am
The bad news are all priced-in
All indexes are oversold and testing 200ma and bouncing off it

All it takes now is 1 legit good news and we’re gunna bounce violently

I can smell bottoms and this smells very familiar


Agreed

I want it to go up

Seasonality would mark tomorrow as the bottom but regardless we are close

I’m heavy in the 270 6/20 Tesla calls at 36

Think this will be a 400%er
Member
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Mar 6 2025 11:21am
Most important 15 minute candle of the week right now
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