People need to understand that "Macro top/bottoms are not formed in a day". They take time.

Everyone is like "SPX will rally soon, Nifty will rally, don't FUD".

Isn't it a piece of common knowledge that after a massive fall, markets do pull back the majority of the time?

/1
Have you never seen the market trap everyone > dump > then rally back?

Or have you not seen a rally to ATH before heavily dumping to lows?

(/2)
Once there is a meltdown, everything falls apart in a matter of a few weeks. Observe how the price moves in the 2008 crash and the Covid crash.

Sure, the context was different both times but the markets were trading at ATH before things went down South pretty quickly.

(/3)
The market is not dependent on any analyst, even if you are someone working at a top firm, the market doesn't care.

Everyone is merely an interpreter of the data provided by the market and no one knows when will things go bad.

#CreditSuisse #Deutsche

(/4)
Sure, there are signs. This is why we focus on managing the risk in trading/investing.

If you are getting offended by all the trending posts in "Deutsche" and "Credit Suisse" hashtags then you need to introspect about your exposure.

Are you poorly leveraged?

#deutsche

(/5)
I absolutely have no interest in spreading any rumors. I merely have 800 followers from different countries and different backgrounds, a lot of those don't even trade.

We can't move any fraction of the market. If you cannot understand this, no one can help you. Cheers! 🍻

(/6)

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Rajat Kumar Singh

Rajat Kumar Singh Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @imfamousrajat

Oct 2
Credit Suisse and Deutsche Bank are on the verge of collapse.

A thread on the ongoing crisis at DB and CS as per my limited understanding. 🧵

(/1)

#deutsche #CreditSuisse
The combined asset base of the two banks is nearly $2 Trillion which is 3x the asset base of Lehman Brothers at the time of its collapse.

(/2)

#deutsche #CreditSuisse #LehmanBrothers
On 15 September 2008, Lehman Brothers, a bank considered 'too big to fail' filed for insolvency. It was the single largest bankruptcy filing in the history of the US.

At the time, the bank had $639 billion in assets and $619 billion in debt.

(/3)
Read 12 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(