DrStool Posted March 27, 2020 Author Report Share Posted March 27, 2020 That's a U boat pattern. Bullish. Link to comment Share on other sites More sharing options...
DrStool Posted March 27, 2020 Author Report Share Posted March 27, 2020 The market is sold out. There's simply not enough inventory to fill orders when there's a hundred large coming in every day. Link to comment Share on other sites More sharing options...
DrStool Posted March 27, 2020 Author Report Share Posted March 27, 2020 But there are sellers overhead. That we know. Link to comment Share on other sites More sharing options...
DrStool Posted March 27, 2020 Author Report Share Posted March 27, 2020 So I think the rally will run into a lot of friction as it moves higher. The Fed won't get the mileage. But they continue to flood the market with cash. That will have the upper hand until the flood of Treasury supply hits in the next couple weeks. Link to comment Share on other sites More sharing options...
Jorma Posted March 27, 2020 Report Share Posted March 27, 2020 11 minutes ago, DrStool said: So I think the rally will run into a lot of friction as it moves higher. The Fed won't get the mileage. But they continue to flood the market with cash. That will have the upper hand until the flood of Treasury supply hits in the next couple weeks. I guess the Fed still will buy up all the Treasury paper after the dealers buy it. $72bn in bills next Thursday. I wonder how that is going to work exactly? Well I'm sure it's figured out but why bother? I'm trying to come up with words to describe how huge these Treasury offerings are gong to be as the year(s) roll on. I mean they will just be stupendous and humongous now. What about September? Link to comment Share on other sites More sharing options...
DrStool Posted March 27, 2020 Author Report Share Posted March 27, 2020 BJ has the bug. No doubt DJT has it but they're lying about it. What a goddam disgrace that the Trump SS is attacking Fauci. Link to comment Share on other sites More sharing options...
Jimi Posted March 27, 2020 Report Share Posted March 27, 2020 4 minutes ago, DrStool said: BJ has the bug. No doubt DJT has it but they're lying about it. What a goddam disgrace that the Trump SS is attacking Fauci. Who's "BJ"? Link to comment Share on other sites More sharing options...
Jimi Posted March 27, 2020 Report Share Posted March 27, 2020 Oh. BoJo. Nevermind. Link to comment Share on other sites More sharing options...
sandy beach Posted March 27, 2020 Report Share Posted March 27, 2020 7 minutes ago, Jimi said: Who's "BJ"? Boris Johnson Link to comment Share on other sites More sharing options...
sandy beach Posted March 27, 2020 Report Share Posted March 27, 2020 BMJ: Vitamin D deficiency contributes directly to the acute respiratory distress syndrome (ARDS) https://thorax.bmj.com/content/70/7/617 Link to comment Share on other sites More sharing options...
DrStool Posted March 27, 2020 Author Report Share Posted March 27, 2020 23 minutes ago, Jorma said: I guess the Fed still will buy up all the Treasury paper after the dealers buy it. $72bn in bills next Thursday. I wonder how that is going to work exactly? Well I'm sure it's figured out but why bother? I'm trying to come up with words to describe how huge these Treasury offerings are gong to be as the year(s) roll on. I mean they will just be stupendous and humongous now. What about September? The Fed has already made a $600 billion down payment on the new issuance and at $100 billion per day they'll have bought all of it in 2 more weeks. They can't do it indefinitely, but they can for long enough to hide a lot of shit that will hit the fan later. Link to comment Share on other sites More sharing options...
DrStool Posted March 27, 2020 Author Report Share Posted March 27, 2020 12 minutes ago, Jimi said: Who's "BJ"? Blow Johnson. Link to comment Share on other sites More sharing options...
MisFit Kid Posted March 27, 2020 Report Share Posted March 27, 2020 the numbers no longer matter.........only the funny money. All Nirvana, all the time......... Link to comment Share on other sites More sharing options...
Jimi Posted March 27, 2020 Report Share Posted March 27, 2020 8 minutes ago, DrStool said: The Fed has already made a $600 billion down payment on the new issuance and at $100 billion per day they'll have bought all of it in 2 more weeks. They can't do it indefinitely, but they can for long enough to hide a lot of shit that will hit the fan later. Earlier there were marbles. Now there's a fan. What the devil sort of Rube Goldberg machine are you designing? Link to comment Share on other sites More sharing options...
DrStool Posted March 27, 2020 Author Report Share Posted March 27, 2020 I was flipping back and forth between the 60, 30 and 5 minute charts. Man you could see this pop coming on the 5 minute chart like a night freight train in the distance. Link to comment Share on other sites More sharing options...
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