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DrStool

Remain Calm, All is Well 3/25/20

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9 minutes ago, DrStool said:

Beyond ES 2543 we would have the mother of all base breakouts. 

With a measured move to round about 2900 😔

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Forget it bears. That was it. It is over. They can say 10k dead in NY, tomorrow 500k alone in Italy and so on, doesn‘t matter. I mean today they even said that all citizens of India, that‘s 1.3 billion people have to stay home for 3 weeks, the market didn‘t care about that.

Those stimulus packages on a global scale are a total steamroller. You can‘t fight this. It is impossible.

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5 day cycle projection 2590.  Believe it or not, negative divergences in hourly indicators. LOL 

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8 minutes ago, DrStool said:

5 day cycle projection 2590.  Believe it or not, negative divergences in hourly indicators. LOL 

Huh? How comes?

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Stalled at resistance. Will it restart. That's the question. Stand by. 

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Really?

Global pandemic.

Thousands sick & dying.

Global economy shuts down.

There's a couple down weeks from overvalued levels.

And now it's all just going to turn and run off to the races?

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6 minutes ago, Jimi said:

Really?

Global pandemic.

Thousands sick & dying.

Global economy shuts down.

There's a couple down weeks from overvalued levels.

And now it's all just going to turn and run off to the races?

Cases doubling every three days in NYC. Once we have a million cases in NYC the new money smell may have worn off this relief package I feel. 

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19 minutes ago, Jimi said:

Really?

Global pandemic.

Thousands sick & dying.

Global economy shuts down.

There's a couple down weeks from overvalued levels.

And now it's all just going to turn and run off to the races?

Who knows? There are even people on this planet who think that Trump is a good president. So everything is possible. 

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20 minutes ago, Jimi said:

Really?

Global pandemic.

Thousands sick & dying.

Global economy shuts down.

There's a couple down weeks from overvalued levels.

And now it's all just going to turn and run off to the races?

A lot of people went short last week (ahem. cough. cough, sorry something stuck in my throat).

Now they are being adminstered their lessons.  

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Am I the only one who laughs at my own jokes?

Beuhler?  

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I know I'm weird. I'm stranded in an apartment in a strange, and deserted, foreign city,  the capital of the 133rd largest country in the world, where everyone is shut in by a pandemic that will kill all of us, where there was just an earthquake, and where going to the supermarket is a terrifying experience because you might come within 6 feet of another human being, and the President of the United States is Donald Trump, and did I say we're all gonna die?

And I'm actually enjoying myself. 

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We all like your jokes Doc. Got to keep reminding myself it does no good to myself or anyone if I get gloomy at times. So keep it up! We all need to remember humor is our way of dealing with a crazy world. 

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LEE'S FREE THINKING

Fed Has Scheduled A Month’s Worth of Old QE PER DAY!

by Lee Adler •  • 0 Comments

The Fed scheduled $123 billion per day in Treasury and MBS purchases this week. That’s a month’s worth of old QE per day. What about unintended consequences?

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