Rising Interest Rates – Falling Gorillas

Ya….falling on the ground laughing my ass off.

Gimme a break.

If anyone actually believes that the fed will “raise interest rates” on its own accord – you’ll now need to turn off your computer, head into the bedroom, pack yourself a nice little “overnight bag”, grab your favorite stuffed animal ( a gorilla I can only hope ), call a friend to come pick you up….and head straight down to your local mental institution.

There’s a bed waiting for you there….and I bet you’ll see a number of your friends have already checked in.

This is NEVER going to happen! Let alone “earlier” than what markets have currently been sold.

You’d have to imagine something like a wounded American soldier, shot up, beat down and near death, miles from medical attention with little hope for survival, then taking out his revolver  – and shooting both feet.

That’s Janet Yellen raising interest rates.

Gimme a break.

I suppose you’re trading with “hopes of more stimulus from China” to eh?

Gimme a break.

The “hose job” continues, as the puppet just keeps on dancing.

The Fed will NEVER raise rates on its own accord, and “once again” the media / money transfer machines have got you tied up in knots wondering which way to turn.

Yes yes….things are getting better. Taper on track…..rates to rise sooner than expected….all is going according to plan. Good lord.

Maybe I’ve been on holidays too long as this sounds even “more” ridiculous daily.

 

I’m 6″2 – but getting shorter by the minute.

 

 

 

7 Responses

  1. JSkogs March 26, 2014 / 1:35 pm

    A guy or girl has to admit the timing of China stimulus and ECB stimulus rumors is pretty hilarious. Pretty transparent. I generally don’t like to get to excited about conspiracy but this one cracks me up

    • Forex Kong March 26, 2014 / 1:44 pm

      Its over the top hilarious, coupled with the recent rise in AUD and the “continued belief” that everything is going well / as planned.

      In fact…for me at least – the more I hear / read / see suggesting “all is well” the more likely I see this thing crashing.

      For the longest time I considered “well…..no……pullbacks / controlled market movement etc ” but….as this just gets more n more ridiculous I start to consider what other options do they have…”other than” a complete and total reset?

      We continue to “endure” the current conditions..but in a broad stroke I’m really not contemplating ever single twitch / wiggle as……I’ve alreay resigned myself to the building of short positions. Even if it takes another 6 months.

      Boring as shit to blog / write about but I can’t really bother with the day to day…..”these days”.

      • pecuniae March 26, 2014 / 2:31 pm

        Possible bearish shooting star in the AUDCAD pair if we get follow through tomorrow. Upper shadow provides a beautiful stop-loss point going forward. Took a little short term pain today but not giving up on this one just yet 🙂

        However, the likely breakdown in the GBP/AUD and EUR/AUD, alongside the breakout in the AUDUSD, doesn’t exactly give me a lot of confidence in this position. Here’s hoping for an amazing reversal (i.e. false breakout) in the aussie. I’ve seen stranger things happen in the world of forex, that’s for sure.

  2. JSkogs March 26, 2014 / 2:58 pm

    I think whenever you see weirdness at work you know a big move is coming. Canadian dollar showing a bunch of strength today with no news that I could find….in a strong risk off environment…..rate cut rumors etc. Looks to me like bashing to get it into the right position for a good move. Or maybe it was just too crowded. I’ve been long USDCAD since 1.0985 with a small position. It was hard to hold through todays crap but I think a rocket is in store if stocks correct. Started yen longs today. Was planning on taking a short position in AUDUSD today but still haven’t………..weeds….weeds….waiting in the damn boring weeds.

  3. Power Corrupts March 26, 2014 / 7:18 pm

    Kong! (US) Money losing companies IPO’d off the chart. Covenant lite loan issuance off the chart. Both categories up up and away in March. The Fed is sitting on a powder keg with a lit fuse. ‘Bot to git real interestin’

  4. JSkogs March 27, 2014 / 9:21 am

    Does it really take this long for people to realize its time to take profits? Haha this is insane….not to mention boring as hell

    • Forex Kong March 27, 2014 / 9:47 am

      It’s stretching and stretching…and reaching…on and on and on..

      Today’s move in the banking / financial sector “should” catch some eyeballs and contribute to a directional move but….

      That would only make sense if this was a normal market…not the Fed’s market.

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