DrStool Posted March 9, 2020 Report Share Posted March 9, 2020 Looks like the Fed has no more Magic Kaopectate in its monetary medicine bag. US500 Chart by TradingView Link to comment Share on other sites More sharing options...
DrStool Posted March 9, 2020 Author Report Share Posted March 9, 2020 Futures Limit Down Leaves Bulls Shitting, and Fed Has No More Kaopectate by Lee Adler • March 9, 2020 • 0 Comments The S&P seems to have a bead on 2700, despite not trading all night. Link to comment Share on other sites More sharing options...
aussiebear Posted March 9, 2020 Report Share Posted March 9, 2020 UK/Europe -7% .. 💀 Link to comment Share on other sites More sharing options...
DrStool Posted March 9, 2020 Author Report Share Posted March 9, 2020 I told you that your "retirement" from the Stool could be the omen we were waiting for! 😱😄😄😄 Link to comment Share on other sites More sharing options...
Jorma Posted March 9, 2020 Report Share Posted March 9, 2020 The Cornonavirus will allow the Fed and other central banks and the financial world a huge dose of pleasurable deniability for the market crash. There isn't a working GOP politician alive who does not blame the 08 09 crash on government mandated home loans to brown people, and that's a lame case of causation compared to the virus. Which will set the stage for the next chapter of central bank monetary expansion. Well that's my guess. Link to comment Share on other sites More sharing options...
DrStool Posted March 9, 2020 Author Report Share Posted March 9, 2020 This open looks a lot worse than it would have if they hadn't jammed it on Friday afternoon. Link to comment Share on other sites More sharing options...
GregFokker Posted March 9, 2020 Report Share Posted March 9, 2020 Wow. Link to comment Share on other sites More sharing options...
DrStool Posted March 9, 2020 Author Report Share Posted March 9, 2020 Is that the best you can do? Come on. We're looking for pith. We're looking for insight. We're looking for commentary. And you give us "Wow?" WTF. EVERYBODY. GO AWAY. GET OFF MY PROPERTY! 😄😄😄 Link to comment Share on other sites More sharing options...
DrStool Posted March 9, 2020 Author Report Share Posted March 9, 2020 Charting sites crashing. I can't get investing.com Link to comment Share on other sites More sharing options...
DrStool Posted March 9, 2020 Author Report Share Posted March 9, 2020 BAck up. Link to comment Share on other sites More sharing options...
DrStool Posted March 9, 2020 Author Report Share Posted March 9, 2020 Tradingview is down. Link to comment Share on other sites More sharing options...
aussiebear Posted March 9, 2020 Report Share Posted March 9, 2020 1 hour ago, DrStool said: I told you that your "retirement" from the Stool could be the omen we were waiting for! 😱😄😄😄 Yep I could see it coming, charts were turning down, smart money exiting stage left .. but I think the site works a lot better on a less regimented format than the one I was presenting. Also it brings you back on board and your commentary is neatly bridging the gap between the European close and US open .. 😁 Link to comment Share on other sites More sharing options...
Jorma Posted March 9, 2020 Report Share Posted March 9, 2020 My guess for Feds SOMA total a year from today. $6.5TN. Anybody else want to take a stab at it? Link to comment Share on other sites More sharing options...
DrStool Posted March 9, 2020 Author Report Share Posted March 9, 2020 BTFD The bottom is in. Link to comment Share on other sites More sharing options...
fxfox Posted March 9, 2020 Report Share Posted March 9, 2020 39 minutes ago, Jorma said: My guess for Feds SOMA total a year from today. $6.5TN. Anybody else want to take a stab at it? So you think that this "crash" right now will only be a tremporary thing like 1987? No 2000-2003 or 2008/09 scenario in your view? Do you have a downside target? 20-30% down than starting another stairway to heaven move again? Link to comment Share on other sites More sharing options...
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