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DrStool

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DrStool last won the day on July 29

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    Del Boca Vista Condo Retirement Home and Community

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    Chief of Stock Proctology

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  1. What's crazy is that there's no cash coming out of the RRPs. This rally seems to be fueled by margin and bank repo. Even the bonds are firm today. Not much selling apparent.
  2. But if you go to the daily chart, there's a bigger base breakout that measures to 4700. No comment on that. Just pointing it out.
  3. Going back to the 5 hour bars, the original big base breakout for this move measured to 4235.
  4. I'm not flummoxed very often, but this is definitely flumoxative.
  5. Thanks to running a Windoze update last night, that, unbeknownst to me, did not complete itself, I had to re-run it today. If you have a PC, you are no doubt familiar with this experience, and know how long it can take. I am now so far behind the 8 ball, I don't know which end is up. Thanks Microsoft, you lousy piece of shit monopoly operating system asshole. You suck. This happens about half the time they shove another update down my throat without warning. I always know its them fucking with me because suddenly everything starts to run extra slow, and hangs up, and processes won't complete. You would think that, after all these years, they would have figured out how to do this without fucking everything up. Microshit. Now that that's off my chest, here's the hourly on the ES, S&P fuguetures. THey still need to break 4200 to start anything at all on the downside. To understand and profit from the big picture check out the following. Swing Trade Screens – One Bad Trade Hurt But the Rest Bailed Us Out for a Win August 8, 2022 Fasten Your Seatbelts – Updated Cycle Projections Are Shocking August 8, 2022 “As Good as It Gets” Was Good While It Lasted August 6, 2022 Upon Further Review Gold Bottom Call Stands August 5, 2022 Treasury Confirms Supply Tsunami We Expected – Will Obliterate Everything August 3, 2022 Withholding Tax Collections Solid in July, But Here’s Why the Party is Over August 2, 2022 The Bond Rally That Fooled The Majority And Didn’t Help Dealers July 27, 2022 As Good As it Gets, Before the End of Time July 18, 2022 Are the Fed and Treasury Geniuses, or Just Lucky? Part One July 12, 2022 If you're serious about the underlying forces of supply and demand that drive the markets, join me! If you are a new visitor to the Stool, please register and join in! To post your observations and charts, and snide, but good-natured, comments, click here to register. Be sure to respond to the confirmation email which is sent instantly. If not in your inbox, check your spam filter.
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