DrStool Posted October 5, 2018 Report Share Posted October 5, 2018 20 minutes ago, Jorma said: Bonds blow out. Somebody predicted this. Somebody predicted that when the 10 year broke 3.12, stocks would start their decline. Link to comment Share on other sites More sharing options...
Jorma Posted October 5, 2018 Report Share Posted October 5, 2018 1 hour ago, DrStool said: Somebody predicted this. Somebody predicted that when the 10 year broke 3.12, stocks would start their decline. I got the message. We will just see how well things are managed. Then again almost nobody alive can imagine life with rising interest rates. It's considered impossible. The idea that their bonds and loans and CDO's are deflating assets is beyond their comprehension. Link to comment Share on other sites More sharing options...
DrStool Posted October 5, 2018 Report Share Posted October 5, 2018 1 hour ago, DrStool said: Depending on how fast the rebound is, I'm expecting resistance at 2888 or 2892. A rollover below2888 would be catastrophic. Didn't take long to get that done. Now we see. 5 day cycle osc. is on the buy side, but no positive divergence at the low. Good chance of a lower low. Link to comment Share on other sites More sharing options...
DrStool Posted October 5, 2018 Report Share Posted October 5, 2018 Amazing the way the channels have contained these moves. Link to comment Share on other sites More sharing options...
potatohead Posted October 5, 2018 Report Share Posted October 5, 2018 9 minutes ago, DrStool said: Amazing the way the channels have contained these moves. that looks like a PInk Floyd light show..... Link to comment Share on other sites More sharing options...
Morpheus Posted October 5, 2018 Report Share Posted October 5, 2018 Not many equity markets outside the US that haven't had the 50/200 DMA "death cross" already this year. DAX looks like its going to test the neckline of a double head and shoulders. Biotechs never took out their all time high in this (final?) tech blow off. Russell 2000 began selling off early last month and testing it 200 DMA. Well just a few observations from the peanut gallery. None of this is news here I'm sure, just felt like I had to give out a chirp, hope my showing up won't BOOF things up. Link to comment Share on other sites More sharing options...
Jorma Posted October 5, 2018 Report Share Posted October 5, 2018 Well they got TNX back off 3.4. Orderly stock market. Link to comment Share on other sites More sharing options...
DrStool Posted October 5, 2018 Report Share Posted October 5, 2018 Think you meant 3.24. Never got above 3.248. Link to comment Share on other sites More sharing options...
aussiebear Posted October 8, 2018 Author Report Share Posted October 8, 2018 ---> Mangled Monday Link to comment Share on other sites More sharing options...
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