Jim Sinclair’s Commentary

The transparency of today and yesterday:

To put things into perspective, who did Financial TV interview on yesterday’s FOMC statement from the Fed? Of course, it was the only hawk on the board, Lacker.

Ten other members are ignored because what they would say would not fit with the market play the five leading US banks executed in the market yesterday and today.

The transparency of the charade is so clear that it reflects an egomaniacal approach to all markets. Those who the gods wish to destroy they make mad first. Egomania is madness. A sociopath acts as if they were a demon.

An egomaniac sociopath would take great joy in showing the world who is the boss. There will be great toasting on $1000 bottles of wine at a special Italian restaurant in New York tonight.

If you have no margin you will prevail.
If you deal on margin you are toast.
If you have margin get rid of it.