Eric

Market speculator. Amateur.

[Eric @DozyEric]

@TheOpeningMove1 @leadlagreport I thought preferred dividends can be deferred or suspended by the board without triggering default?

[Eric @DozyEric]

@leadlagreport There’s no margin call. The risk sits in refinancing/maturity. The convertibles mature mostly 2027–2032, with 2027–2028 being the pressure point. Plenty of breathing room until then.

[Eric @DozyEric]

This recent correction seems too weak. Just before the holidays and little Johnny convincing his family now is the time to buy crypto? Hmm, perfect bait for the bulls before a proper pre-Xmas flush?

[Eric @DozyEric]

@CryptopepperP Gloves

[Eric @DozyEric]

I still see this as a possibility. Maybe even as low as 42-43. My best guess is very early Dec. If it comes later, it might only go as low as 54k.

[Eric @DozyEric]

Timeline seems very bullish. The bear in me thinks otherwise. BTC in the 44’s somewhere around the end of Aug, early Sept. Don’t want to risk a short yet as think before then it has room pump.

[Eric @DozyEric]

@StealthQE4 The “if you want to pay more, you can” argument is seductive at a basic level but it misunderstands the purpose of taxes and overlooks why they need to be mandatory to serve their function in a fair, efficient, and accountable way.

[Eric @DozyEric]

@StealthQE4 Effective tax policy requires everyone’s contribution, not just the willingness of a few to pay extra. To meaningfully address societal needs, tax policy itself—not individual goodwill—needs to be designed to fund public goods adequately.

[Eric @DozyEric]

@mikealfred Oat milk? You were robbed. Wouldn’t drink it if they paid me.

[Eric @DozyEric]

@PendulumFlow Bingo

[Eric @DozyEric]

Premature but not invalidated. Volatile times ahead?

[Eric @DozyEric]

Timeline seems very bullish. The bear in me thinks otherwise. BTC in the 44’s somewhere around the end of Aug, early Sept. Don’t want to risk a short yet as think before then it has room pump.

[Eric @DozyEric]

Timeline seems very bullish. The bear in me thinks otherwise. BTC in the 44’s somewhere around the end of Aug, early Sept. Don’t want to risk a short yet as think before then it has room pump.

[Eric @DozyEric]

@Evan_ss6 What happened to your fingers?

[Eric @DozyEric]

@alifarhat79 The hot air balloon. Oh, and Braile.

[Eric @DozyEric]

@agtrader This is one of the posts that a man was arrested for: “Every man and their dog should be smashing fuck out Britannia hotel.”
This was in the build up to the riots. It is an incitement to violence. He deserved to be arrested.

[Eric @DozyEric]

@merlinscapital Have been asking myself the same question.

[Eric @DozyEric]

@subhan_mujtaba I’m with you. It may happen sooner than many expect. Keep an eye towards the end of this month.

[Eric @DozyEric]

@nihkalowz Nov 21 to now looks like the possible formation of one large cup and handle. If so, would need to drop more before up.

[The Kobeissi Letter @KobeissiLetter]

The Fed is in a lose-lose situation:

1. If the Fed cuts rates aggressively right now, markets tank further and they risk a resurgence of inflation.

Cutting US rates will only make the Yen carry trade unwinding WORSE, likely sending the Nasdaq into bear market territory.

2. If the Fed doesn't cut rates right now, recession fears will continue to mount.

No rate cuts means more worry about rising unemployment which is now at a 3-year high.

The Fed must pick between market and inflation instability or a potential recession.

And even if they pick the right former, we may still end up in a recession.

It's going to be a bumpy road ahead.

[The Maverick of Wall Street @TheMaverickWS]

The Yen trade isn't over yet and might cause more damage to global markets especially if investors view the Yen as a better safe heaven than the US Dollar because of support by BOJ. If that view begins to spread, we will see another massive wave of margin calls.

[Eric @DozyEric]

@DesoGames 👀