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DrStool

On Today's Program- Mahler's Funeral March 3/13/20

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2 hours ago, fxfox said:

Doc posts Mahler's funeral march? OMG, this is worse than I thought. This does not mean that A low is in, no, it is THE low.

Damn it!

I am testing the theory. I want to see if I have the power to break the jinx. 

 

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2 hours ago, fxfox said:

German government just said credit will be given to every firm/company without ANY limits.

Any word yet on what this means? I hope they can buy back their stocks with it.

I found a Bloomberg story about it.

https://www.bloomberg.com/news/articles/2020-03-13/germany-will-provide-unlimited-liquidity-to-help-virus-hit-firms?srnd=fixed-income

I especially loved this. It's about the EU not Germany, yet.

"The commission also said the EU’s own investment fund will guarantee 8 billion euros ($8.9 billion) of loans to 100,000 small-and-medium sized enterprises. Affected companies will be able to delay the payment of their existing loans."

What's not to like. New credit and no need to pay off any loans.  

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TNX The rare double gap. On the way down and now on the way up, to 1.0. What does it mean?

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5 day cycle projection 2750

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11 minutes ago, Jorma said:

TNX The rare double gap. On the way down and now on the way up, to 1.0. What does it mean?

We're fooked. 

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7 minutes ago, DrStool said:

We're fooked. 

Bastards filled this mornings  up gap.  

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3 day cycle projection 2600 done. 

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1 minute ago, Jorma said:

First vector says the US is doing a tremendous job.

another guy says people should calm down and just buy Apple shares.

No joke. Just heard it on the wire.

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It must be a weird primate behavior that causes groups of otherwise intelligent individuals to default to lowest-common-denominator thinking - and moreso where that lowest-common-denominator is emanating from someone in a leadership position.  Why does stupid sell so much faster/better than smart?

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I think we now have a valid intraday channel with a lower bound at 2500 on ES

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Gold gets it with the shaft boot now! Wow!

Bitcoin hitting 6k now at 5k again.

Seems like liquidity is already drying up again. Weird. Crazy market.

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