Thank you BOJ for intervening again last night, mid morning in the Asian session
… your efforts at YCC [Yield Curve Control] sent the YEN rallying [USDJPY lower]
just shy of 200 PIPS, and no doubt forced another batch of positioned longs to
come to the urinal and puke … which, let’s be candid here, is their purpose right
along with helping their own importers and exporters … and since then, what?
… NADA is what … USDJPY can’t move 20 PIPS from a median at 121.75 from 9+
hours ago and growing… thanks for playing, please come again soon! … another
day where the central bank blows the order book to Hell and back, and there ain’t
much left to fight over … which truth be told is exactly what they want; kill specs
of all stripes, and help Japanese companies, life insurers, and banks … first
there’s VIX off the charts, then in an instant there isn’t any VIX to do anything
… WTF is anybody supposed to do with this?
And what only feels like about 6 centuries later, mercifully the London Fix saves
us from having to watch this bundle of manipulative horse manure any longer
… talk about the proverbial “Loser Formation”, this is it! … 200 PIPS straight
down, then straight across for over 12+ hours, not being able to generate any
movement ± 20 PIPS from 121.75 … simply unreal … first they kill you with insane
VIX, then they kill you again by not allowing it to move, all within the same day!
… thanks BOJ … literally nothing I can do about this except leave it the Hell alone.
Meanwhile, BTC can’t move $500 over 10+ hours, and I have no idea what has
happened to cause VIX to literally die here … it can’t all be forced liquidations put
in at the start of the year by the big crypto houses … man-O-man this is pathetic!
… no trades today in anything … Wednesday became Monday.
… outta here … “The future’s so bright I need sunglasses”!! 😎😎
… Onward & Upward!!
-vegas
No comments:
Post a Comment