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A Bull Market A Day 3/27/20

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8 minutes ago, sandy beach said:

Futures open down.

Trump just extended the guidelines through April 30.

No brainer, obviously.

But we are dealing with an administration without a brain.

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That's good news. It will significantly decrease the length and extent of the covid-19 fallout. I think it's bullish on the whole. Far more than blindly ordering everyone back to work early to add fuel to a wave of infection. 

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1 hour ago, Jimi said:

Trump just extended the guidelines through April 30.

No brainer, obviously.

But we are dealing with an administration without a brain.

I think Spanish Flu infections in the Northern Hemisphere reduced significantly at the end of July of the first year. It then mutated in the fall and by November broke out again. It was the second year that killed the bulk of people in the Northern Hemisphere. It lasted for three years total with the third year death rates equaled the first. So you can imagine in in stock chart terminology as a head and shoulders pattern. 

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1 hour ago, Jimi said:

Trump just extended the guidelines through April 30.

No brainer, obviously.

But we are dealing with an administration without a brain.

Be ready for a Trump redemption. Renouncing his past errant ways.  

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The gap will be closed shortly after the european open at the latest. Q1 window dressing today and tomorrow. Very important. Most important window dressing operation ever. 

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3 minutes ago, fxfox said:

The gap will be closed shortly after the european open at the latest. Q1 window dressing today and tomorrow. Very important. Most important window dressing operation ever. 

Well it is end of month Monday after all - son of a bitch. 

The percentage of small business failure the next couple of months will be unreal. 

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18 minutes ago, sandy beach said:

Well it is end of month Monday after all - son of a bitch. 

The percentage of small business failure the next couple of months will be unreal. 

The amount of family and household failures will be massive. 

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2 hours ago, sandy beach said:

I think Spanish Flu infections in the Northern Hemisphere reduced significantly at the end of July of the first year. It then mutated in the fall and by November broke out again. It was the second year that killed the bulk of people in the Northern Hemisphere. It lasted for three years total with the third year death rates equaled the first. So you can imagine in in stock chart terminology as a head and shoulders pattern. 

https://www.history.com/news/spanish-flu-second-wave-resurgence
 

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4 hours ago, sandy beach said:

Well it is end of month Monday after all - son of a bitch. 

The percentage of small business failure the next couple of months will be unreal. 

The gap is closed now. Three hours before the European open. Even quicker than I thought. End of month not only monday, but tuesday too 😉
In these seconds trading at 2543. thats 10 points above the gap, so they did not only close the gap, but begin trading above it. They gonna ramp it up again to that 2640 level for the monthly close. 
SME‘s will die in large amounts, yes. In Germany too, although they will be supported by the state sonewhat, but that will not be enough. Many will die and never come back. We have not the same entrepreneural spirit as in the US. So even less people than before will start their own business. They will try and find a job in administration or so. This will reduce the dynamics in the economy. If Corona lasts long enough this could even be an eporal shift in the mindset of people which lasts for two generations or so. They will take less risk in almost every part of life.

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They bid the futures up constantly, every 5-10 drop is quickly reversed, that‘s intervention by very large hands.

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2560 now, low was 2472..., constant bid, higher snd higher and higher, slowly but surely... my oh my...

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