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MisFit Kid

3300 or Bust (Part III) - Moday 2/24/2020

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3 minutes ago, DrStool said:

I was just being a doofus. 

What else is new? 

I kinda thought the 3300 would stick for a little while

Instead we got the "Dolly Parton" part..........

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It's not a bottom until FxFox shows up. 

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3 minutes ago, MisFit Kid said:

Do Margin calls still exist?

or is that Urban myth in the Brave New World.........

 

Only if you're short. 

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2 hours ago, DrStool said:

maybe this Corona bear virus is the real thing. you know the death of the human race.

Ah no. Over 2 years, 1%?   Let's hope not. 

Here is the thing as I understand it. It is transmitted like  flu. With flu there is usually 1 day, maybe 2, before you are contagious when you are not sick. With Corona it seems to be 4 to 7.  Again, with flu, mortality is  .1? %.  With Corona 2%, easy, so far.

 

The wack a mole lockdowns where it pops up will slow the spread, until there are too many moles. Maybe next flu season. The one ace in the hole is the indoor season is ending for the Northern Hemisphere.   At this instant I see a slow steady bleed of economic activity.   Which of course will beget a self reinforcing cycle.   Vaccine is the word.

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12 minutes ago, DrStool said:

SPX up 30

 

 

from the low

Lower rates are the answer. Coming soon.  Nobody says how they are the answer.  No matter. Low rates are the answer to everything in peoples minds.  It's going to take some time for doubt to take hold there and I think the ball just started rolling

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5 day cycle projection was 3220, done. But retest for sure. 

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Nobody has fear.......

CB's will buy it UP.......

10 yrs and running.............

Fiat is still worthless.......right?

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