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DrStool

Futures Limit Down, Bulls Shitting Uncontrollably, Fed Has No More Kaopectate 3/9/20

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5 day cycle projection 2625

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two thousand effing points. Bet Trump's pants are brown. I hope he eats them. 

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~ 2715 was the low tick

legend has it, that low ticks are revisted

 

>: 2750 the first Huge battle ground

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Dow 5 day cycle projection 23,000. That would be close to a 3,000 point decline. 

Eat your brown pants Donnie Boy. 

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Past 2:30 turn time. Double bottom. Some projections hit. Only thing missing is a positive divergence. That's a biggie 

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Not to mention they're testing the June low. 

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9 minutes ago, DrStool said:

Not to mention they're testing the June low. 

If my crappy esignal data can be believed, the March 8, 2019 intraday low of 2722 held for the rest of the year, although we obviously had lower lows in 2019 prior to the March 8 low. Tested on June 3 at 2728.

So, today (3/9) is basically the one year anniversary of the 3/8/19 low in addition to the 11 year anniversary of the 2009 low that kicked off the bull. No idea whether that means something, or nothing . . . 

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The low was almost pip perfectly at the famous minus 20% below the all time high. One should mention that nobody know who ever came up with those 20%, there is also no statistical evidence or whatever.

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2 hours ago, MisFit Kid said:

~ 2715 was the low tick

legend has it, that low ticks are revisted

 

>: 2750 the first Huge battle ground

No it's BAD ticks are always revisited. Not low ticks. 

 

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1 hour ago, fxfox said:

The low was almost pip perfectly at the famous minus 20% below the all time high. One should mention that nobody know who ever came up with those 20%, there is also no statistical evidence or whatever.

Some asshole on CNBC blurted it out one day and all the other chimps nodded and howled in agreement. 

 

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25 minutes ago, DrStool said:

No it's BAD ticks are always revisited. Not low ticks. 

 

Well then the Bulls have that going for them...........

Yeah, and I did kinda think it was BAD ticks.  Oh well.

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1 hour ago, DrStool said:

Some asshole on CNBC blurted it out one day and all the other chimps nodded and howled in agreement. 

 

The NY Times institutionalized the concept of 10% = correction, 20% = bear market.  Anyhow I'm reading it as bye bye Trump.  I mean everyone can see it's all gotten out of hand.

Note that Trump is all in with the House of Saud, and that thing is getting a bit wobbly if you care to squint when you look at it.  A feckless band. 

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Monster upmove in Futures. Abe made a quote which sounds exactly like Draghi‘s „whatever it takes“ in 2011, pay roll tax cut likely in the US, meeting with Wall Street mobsters in tbe WH tomorrow, ECB meeting on thursday...

the reaction time to crisis is much shorter today than it was in 2000 or even 2008. Today a 10-20% downmove in stocks leads directly to a „state of emergency“ among politicians. Decades ago nobody would have cared about that.

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Aussie market has closed +3% and Asia also looking very green ..

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Right now ES is 150 points above the low from tonight... „they“ are rhere, full force, bazooka and such...

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