DrStool Posted February 25, 2020 Report Share Posted February 25, 2020 He'll probably show up today and spoil the fun. Link to comment Share on other sites More sharing options...
DrStool Posted February 25, 2020 Author Report Share Posted February 25, 2020 US500 Chart by TradingView Link to comment Share on other sites More sharing options...
DrStool Posted February 25, 2020 Author Report Share Posted February 25, 2020 I just updated the Not QE chart. This selloff is not about Corona Bear VIrus. It's about massive Treasury issuance this week and next that Not QE doesn't come close to covering. On top of that, buyers panicking into Treasuries have caused massive liquidation of stocks. Link to comment Share on other sites More sharing options...
DrStool Posted February 25, 2020 Author Report Share Posted February 25, 2020 That of course is CB Virus triggered. Link to comment Share on other sites More sharing options...
Jorma Posted February 25, 2020 Report Share Posted February 25, 2020 I'm hoping that 2% mortality rate of the virus is too high. It could be a lot of cases are not being reported. Some people barely get sick at all. That's the good new. The not so good news is people don't make any difference. As long as the markets don't fall a lot is the thing that matters. Virtually every story about the virus yesterday was about the market. The headlines all included the market swoon. The virus might be worse than tens of millions dead but that really doesn't matter, as long as the markets hold up. The market is everything. It's the only thing. People have nothing to do with it. A good test of that will be if stocks snap back hard this week. By the weekend the virus stories will go to the bottom pf page one in the NY Times. Today their headline is 'Wall Street waking up', and WaPo has 'Stock markets declines in Urp'. Yea, mostly a stinking <.5%. It's all about the market. Link to comment Share on other sites More sharing options...
DrStool Posted February 25, 2020 Author Report Share Posted February 25, 2020 Oh BABY Link to comment Share on other sites More sharing options...
DrStool Posted February 25, 2020 Author Report Share Posted February 25, 2020 5 day cycle projection 3200-3210 Done Link to comment Share on other sites More sharing options...
DrStool Posted February 25, 2020 Author Report Share Posted February 25, 2020 3 day cycle projection 3150-55 Link to comment Share on other sites More sharing options...
DrStool Posted February 25, 2020 Author Report Share Posted February 25, 2020 Support cluster 3179-89. Below that, the shit hits the fan Link to comment Share on other sites More sharing options...
Jorma Posted February 25, 2020 Report Share Posted February 25, 2020 Heads are going to roll at the CDC. Link to comment Share on other sites More sharing options...
DrStool Posted February 25, 2020 Author Report Share Posted February 25, 2020 This feels like a bottom. Feeling bottoms is my specialty. Link to comment Share on other sites More sharing options...
DrStool Posted February 25, 2020 Author Report Share Posted February 25, 2020 5 day cycle projection 3060. Link to comment Share on other sites More sharing options...
DrStool Posted February 25, 2020 Author Report Share Posted February 25, 2020 Another thousand points of light? Link to comment Share on other sites More sharing options...
DrStool Posted February 25, 2020 Author Report Share Posted February 25, 2020 This is unfucking real. Link to comment Share on other sites More sharing options...
Jorma Posted February 25, 2020 Report Share Posted February 25, 2020 Well, I guess it's that time Link to comment Share on other sites More sharing options...
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