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DrStool

Boing- Surprise, Surprise (Not) 2/4/20

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Oh, gee. The market has gone straight up since hitting support at 3220. What a surprise. 

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Man I was confused yesterday. I finally got the correct executve summary plugged in to the Technical Trader report. I still don't know how I managed to screw that up. Copy and paste error I guess. 

To paraprase the great Johnnie Cochrane, "If you want to be neat, you must delete."  

Thanks to Pull My Finger and others for keeping after me. Thanks to their sharp eyes, I also discovered that my email alert system had gone haywire. So we got that fixed as well. 

It's always something. 

Meanwhile, from now on when writing the weekly update, the first thing I will do is delete the intro exec summary. 

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I'm surmising a 3 day cycle projection of 3285-87 based on current ES fucutures trading. 

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4 hours ago, DrStool said:

I'm surmising a 3 day cycle projection of 3285-87 based on current ES fucutures trading. 

Yepper. 

THe new normal. 

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I feel sorry for anyone trying to swing trade. Even day trade.  It's a joke. 

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I guess if you stay up and trade the ES overnight on 10 minute bars or less, that's about the only way. 

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5 day cycle projection 3310

A little brown pants syndrome in the short community. 

And now, I'm going shopping. 

See you later! 

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48 points in 24 minutes. What's that? SPX 10,000 by Thursday. 

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I'd say that this is unbelievable, but I kind of expected it.  

Don't fight the Fed.  

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2 minutes ago, DrStool said:

I'd say that this is unbelievable, but I kind of expected it.  

Don't fight the Fed.  

 

Or the State of the Union Speech........

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Just now, MisFit Kid said:

 

Or the State of the Union Speech........

The Trump Regime is consolidating power now. The purges will begin next week. Watch for relentless attacks against the Regime's enemies. If the DoJ goes along and mounts prosecutions, it's over. The absolute end of US Constitutional democracy and the rule of law. The Regime will be the law.  

It's dreadful. It's horrifying, but it is what it is. If Barr decides to be Trump's Himmler, it's over.  

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