Jorma Posted October 18, 2018 Report Share Posted October 18, 2018 The first rule at the prop trading desks of the giants I believe is to never punish call buyers at expiration , if they can help it. MAGA Link to comment Share on other sites More sharing options...
DrStool Posted October 18, 2018 Report Share Posted October 18, 2018 This motherfucker is gonna crash, I swear. I feel it in my bones. Trump has massively exacerbated what was already a fucking mess. Everything he touches eventually turns to shit. He's a goddam monster. I did an appraisal of one of his myriad of failed properties about 28 years ago. No US bank will touch him. His business is laundering Russian money. Link to comment Share on other sites More sharing options...
DrStool Posted October 18, 2018 Report Share Posted October 18, 2018 Aside from feeling it in my bones, that's where the analysis has always led. Crash in Q4. So that's why I feel it in my bones, I guess. https://suremoneyinvestor.com/2018/10/the-fed-is-behind-schedule-but-not-by-much-heres-how-we-know/#deeplink I already have two more pieces in the hopper over there that are as, or even more, bearish. As one of our old friends here used to say, I'm chewing the tires bearish. Link to comment Share on other sites More sharing options...
specie Posted October 18, 2018 Report Share Posted October 18, 2018 Too many anal lists just look at the forest. If you study the trees it's a Tunguska event on its way Link to comment Share on other sites More sharing options...
DrStool Posted October 18, 2018 Report Share Posted October 18, 2018 He was one of the smartest people I ever interacted with here. But he split when the schism happened in 2004. They didn't like my politics. Oh well. Link to comment Share on other sites More sharing options...
DrStool Posted October 18, 2018 Report Share Posted October 18, 2018 1 minute ago, specie said: Tunguska Made me look it up. Link to comment Share on other sites More sharing options...
specie Posted October 18, 2018 Report Share Posted October 18, 2018 Largest impact event in recorded history Link to comment Share on other sites More sharing options...
DrStool Posted October 18, 2018 Report Share Posted October 18, 2018 I just read the story. Fascinating. But I see the crash that I foresee as the opening volley in a long term secular decline. Technology and finance have turned hostile to human existence. I weep for our grandchildren. Only the sharpest minds will survive and prosper. Link to comment Share on other sites More sharing options...
DrStool Posted October 18, 2018 Report Share Posted October 18, 2018 2 day cycle projection 2760-63. 3 day 2765. But I think that there will be a lot more to this story. Watch out if those levels break. I suspect an air pocket below minor support at 2765 to around 2730. Link to comment Share on other sites More sharing options...
DrStool Posted October 18, 2018 Report Share Posted October 18, 2018 2765 is also 50% fiber nacho of the 5 day rally. Link to comment Share on other sites More sharing options...
Jorma Posted October 18, 2018 Report Share Posted October 18, 2018 1 hour ago, DrStool said: He was one of the smartest people I ever interacted with here. But he split when the schism happened in 2004. They didn't like my politics. Oh well. Who is he? Link to comment Share on other sites More sharing options...
DrStool Posted October 18, 2018 Report Share Posted October 18, 2018 I'd have to go back to the early threads. Can't remember his handle. Link to comment Share on other sites More sharing options...
DrStool Posted October 18, 2018 Report Share Posted October 18, 2018 If they clear 2785, they'll run it back to 2805. Pitched battle at that point. Link to comment Share on other sites More sharing options...
Jorma Posted October 18, 2018 Report Share Posted October 18, 2018 1 hour ago, DrStool said: I'd have to go back to the early threads. Can't remember his handle. Oh, chewing on tires bearish. On the tip of my tongue Link to comment Share on other sites More sharing options...
Jorma Posted October 18, 2018 Report Share Posted October 18, 2018 Coincidently I have been thinking about George Leroy Tirebiter. A reference so obscure I doubt 2000 living people know it. Link to comment Share on other sites More sharing options...
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