You can almost taste it can’t you?
Every single chart you view / analyze sitting “right on the cusp” – with just a “tiny push needed” to put this thing into the “golden zone”.
Draghi should provide that for us on Thursday when markets “finally understand” that Mario Draghi and the European Central Bank will not participate in the ridiculous “currency devaluation practices” put in motion by both Japan and The United States.
If a piddly “interest rate cut” is actually in the cards….it’s more than already priced in, and the idea of “massive dilution / bond buying” etc is completely and totally absurd.
Germany runs the show in the E.U, as the only country with an economy worth a damn.
Draghi can’t “act” on behalf of a dozen countries, as there “is” no European bond….and he “can’t legally” devaluate the Euro.
Christ…..imagine if Canada and Mexico where ever foolish enough to allow / agree to a “North American unified currency” with the U.S Fed at the helm?? He he he…..impossible. Speaking on behalf of “both” countries….. I know for certain – the people are much smarter than that.
Wait til U.S stocks are literally “chopped in half” and then imagine what that money printing solved. Bahhh! Nada.Zip.
So we sit patiently for yet another 24 hours. I’m cool with that.
Draghi is “once again” getting ready to to do what he does best.
The pool of saliva on my trade terminal widens as it’s getting difficult now to even touch the keys without gloves on.
Gross I know but……..isn’t this market just disgusting anyway?