fxfox Posted March 23, 2020 Report Share Posted March 23, 2020 It will be like it always was: There will be a retrace, hope for the bears, maybe a slight move below todays low in the Futures at some point and then comes the FED and fists the bears fore- and backwards. Maybe the ultimate price low will be 1850 or something, but we will not go triple digits. We would have, if the would have let the market done what it has to do. They had to do something, ok, but it would have been enough if they nationalized some parts of the economy. Maybe even American Airlines or FedEx or even the complete health care system. But there is absolutely no need to step in at 2200 and do so as if we would all die when the S&P would have gone to 700 and then started to trade in a range say 1000 to 2000 fro the next 10 years. Link to comment Share on other sites More sharing options...
DrStool Posted March 23, 2020 Author Report Share Posted March 23, 2020 It won't stick. The dealers are too far gone. Animal spirits are dead. They have to pay off the debt. LEE'S FREE THINKING TODAY’S CHARTS! As Fed Goes Beldar to Consume Mass Quantities by Lee Adler • March 23, 2020 • 0 Comments The last few remaining shorts ran for cover on the Fed’s announcing that it was going Conehead this morning. But here are the only things that matter for traders today Link to comment Share on other sites More sharing options...
fxfox Posted March 23, 2020 Report Share Posted March 23, 2020 in these seconds hope is generated for da bears... ... and then comes 10:30 a.m. EST... Link to comment Share on other sites More sharing options...
Jorma Posted March 23, 2020 Report Share Posted March 23, 2020 3 minutes ago, fxfox said: in these seconds hope is generated for da bears... ... and then comes 10:30 a.m. EST... Hope is the wrong word. Link to comment Share on other sites More sharing options...
DrStool Posted March 23, 2020 Author Report Share Posted March 23, 2020 38 minutes ago, fxfox said: It will be like it always was: There will be a retrace, hope for the bears, maybe a slight move below todays low in the Futures at some point and then comes the FED and fists the bears fore- and backwards. Maybe the ultimate price low will be 1850 or something, but we will not go triple digits. We would have, if the would have let the market done what it has to do. They had to do something, ok, but it would have been enough if they nationalized some parts of the economy. Maybe even American Airlines or FedEx or even the complete health care system. But there is absolutely no need to step in at 2200 and do so as if we would all die when the S&P would have gone to 700 and then started to trade in a range say 1000 to 2000 fro the next 10 years. What? 😳 Link to comment Share on other sites More sharing options...
DrStool Posted March 23, 2020 Author Report Share Posted March 23, 2020 Pelosi has guts, I must say. A profile in foolhardy courage. Link to comment Share on other sites More sharing options...
DrStool Posted March 23, 2020 Author Report Share Posted March 23, 2020 Anybody who isn't terrified right now is a fool. Link to comment Share on other sites More sharing options...
DrStool Posted March 23, 2020 Author Report Share Posted March 23, 2020 My dead bodies call of 2 weeks ago was dead on. Uh... Really this isn't funny. Link to comment Share on other sites More sharing options...
fxfox Posted March 23, 2020 Report Share Posted March 23, 2020 Just now, DrStool said: Anybody who isn't terrified right now is a fool. I'm scared shitless. Is that enough? Link to comment Share on other sites More sharing options...
GregFokker Posted March 23, 2020 Report Share Posted March 23, 2020 It's disorientating to live through history.. just like in the early 2000s. Looks like the Stool is where we come during those special weeks when decades happen. Link to comment Share on other sites More sharing options...
Jimi Posted March 23, 2020 Report Share Posted March 23, 2020 13 minutes ago, DrStool said: My dead bodies call of 2 weeks ago was dead on. Uh... Really this isn't funny. Link to comment Share on other sites More sharing options...
sandy beach Posted March 23, 2020 Report Share Posted March 23, 2020 2 minutes ago, Jimi said: San Francisco no joke: Link to comment Share on other sites More sharing options...
DrStool Posted March 23, 2020 Author Report Share Posted March 23, 2020 Aw man. This isn't fun any more. I don't want to win this debate that we've had for 20 years. I wish there was a God. Even a capricious, inscrutable one. Then there'd be a reason to pray. Link to comment Share on other sites More sharing options...
DrStool Posted March 23, 2020 Author Report Share Posted March 23, 2020 fucutures -150 from the highs. Link to comment Share on other sites More sharing options...
Jimi Posted March 23, 2020 Report Share Posted March 23, 2020 We are all the raccoon. Link to comment Share on other sites More sharing options...
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