DrStool Posted March 11, 2020 Author Report Share Posted March 11, 2020 Absolutely, positively, definitely, the bottom. RIght here. Link to comment Share on other sites More sharing options...
SiP Posted March 11, 2020 Report Share Posted March 11, 2020 3 minutes ago, PullMyFinger said: Could maybe see that happening. But touches of the weekly 200 EMA (blue line) are pretty rare, closes below even more so. Three touches since 2016, with most recent in late December 2018. And we know what happened after that. I think last close below weekly 200 EMA was some time in 2011? YEap, 2011 or something. Normally those lines are good. I would probably take some longs around those levels if we fast drop from here. Link to comment Share on other sites More sharing options...
DrStool Posted March 11, 2020 Author Report Share Posted March 11, 2020 Link to comment Share on other sites More sharing options...
fxfox Posted March 11, 2020 Report Share Posted March 11, 2020 1 hour ago, SiP said: May I recommend a quick dive to 2640 and test of 200 SMA? or 2670, 200 EMA on weekly SPX? That would be nice. EMA 200 weekly (or 50 monthly) is a very important MA. It acted many times since decades as sup. The bulls will buy hand over fist there. Link to comment Share on other sites More sharing options...
DrStool Posted March 11, 2020 Author Report Share Posted March 11, 2020 http://capitalstool.com/music/dive.wav Link to comment Share on other sites More sharing options...
DrStool Posted March 11, 2020 Author Report Share Posted March 11, 2020 Everything Donald Trump touches turns to shit. Everything that touches Donald Trump turns to shit. Ergo, the Russians will turn to shit. The stock market will turn to shit. The banks will own it all, but they're be big piles of shit. And depositors will get shit. The price of everything that isn't shit, like food and shelter, will go to infinity. Link to comment Share on other sites More sharing options...
SiP Posted March 11, 2020 Report Share Posted March 11, 2020 May I recommend those guys? remember them? Link to comment Share on other sites More sharing options...
DrStool Posted March 11, 2020 Author Report Share Posted March 11, 2020 Jamie Dimon's salary and bonus will go to infinity. Link to comment Share on other sites More sharing options...
Jimi Posted March 11, 2020 Report Share Posted March 11, 2020 1 hour ago, DrStool said: Absolutely, positively, definitely, the bottom. RIght here. I know what you did there. And it worked. Link to comment Share on other sites More sharing options...
DrStool Posted March 11, 2020 Author Report Share Posted March 11, 2020 Futures low was 2695. Link to comment Share on other sites More sharing options...
DrStool Posted March 11, 2020 Author Report Share Posted March 11, 2020 Back up the truck. Stocks are ON SALE NOW! Link to comment Share on other sites More sharing options...
sandy beach Posted March 11, 2020 Report Share Posted March 11, 2020 This is getting the "run for your life" feeling we usually get around bottoms but I'm skeptical because we haven't reached the 200 EMA yet. Link to comment Share on other sites More sharing options...
DrStool Posted March 11, 2020 Author Report Share Posted March 11, 2020 I said in Monday's podcast and in my reports that there were dead bodies in the system. After today, they should start floating to the surface. Link to comment Share on other sites More sharing options...
SiP Posted March 11, 2020 Report Share Posted March 11, 2020 On forex side, I dont see any dislocations. Thats strange. Just slow selloffs and derisking. No big JPY moves etc Link to comment Share on other sites More sharing options...
SiP Posted March 11, 2020 Report Share Posted March 11, 2020 Just look at the gold, its falling. WTF? Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.