DrStool Posted April 2, 2020 Author Report Share Posted April 2, 2020 In my opinion the bubble broke, and the system is way too far gone to reflate. It may go to 1300. It may not. It doesn't matter. The damage is done. It's final. It can't be repaired. The Fed and its cohorts are now the banking system. Taxpayers and depositors are on the hook for the debt now. All of it. Every penny. We're doomed. Will it be deflation or hyperinflation. I don't know. I just know that most people will be poor for years and years. Decades maybe. Forever, maybe. Link to comment Share on other sites More sharing options...
DrStool Posted April 2, 2020 Author Report Share Posted April 2, 2020 BOOM! Link to comment Share on other sites More sharing options...
DrStool Posted April 2, 2020 Author Report Share Posted April 2, 2020 Link to comment Share on other sites More sharing options...
DrStool Posted April 2, 2020 Author Report Share Posted April 2, 2020 Once they broke that sharp uptrend channel it was just WHAM! Link to comment Share on other sites More sharing options...
DrStool Posted April 2, 2020 Author Report Share Posted April 2, 2020 It's hard to fathom the Fed pumping in 100 billion a day and there's still no liquidity in the market. Link to comment Share on other sites More sharing options...
Jorma Posted April 2, 2020 Report Share Posted April 2, 2020 I guess it's time for the old reliable, it's just a flesh wound. Link to comment Share on other sites More sharing options...
fxfox Posted April 2, 2020 Report Share Posted April 2, 2020 Tomorrow will be a show. Since they upside-bombed the futures directly after initial claims came out last thursday, they won‘t do the same tomorrow. Would be too predictable. Link to comment Share on other sites More sharing options...
potatohead Posted April 2, 2020 Report Share Posted April 2, 2020 58 minutes ago, DrStool said: In my opinion the bubble broke, and the system is way too far gone to reflate. It may go to 1300. It may not. It doesn't matter. The damage is done. It's final. It can't be repaired. The Fed and its cohorts are now the banking system. Taxpayers and depositors are on the hook for the debt now. All of it. Every penny. We're doomed. Will it be deflation or hyperinflation. I don't know. I just know that most people will be poor for years and years. Decades maybe. Forever, maybe. my expectation is hyperinflation. just look at the Euro relative to gold since 1999. Its the path of least resistance. Link to comment Share on other sites More sharing options...
DrStool Posted April 2, 2020 Author Report Share Posted April 2, 2020 I lean toward hI. Nobody, but nobody in the establishment expects it. I think we'll all be poor because the dollar won't buy shit. Link to comment Share on other sites More sharing options...
DrStool Posted April 2, 2020 Author Report Share Posted April 2, 2020 1 hour chart looks extremely disorderly but when you zoom in, you start to see order at about 30 minutes and less. Link to comment Share on other sites More sharing options...
DrStool Posted April 2, 2020 Author Report Share Posted April 2, 2020 But this is a very broken market. Link to comment Share on other sites More sharing options...
DrStool Posted April 2, 2020 Author Report Share Posted April 2, 2020 It doesn't take long. Link to comment Share on other sites More sharing options...
DrStool Posted April 2, 2020 Author Report Share Posted April 2, 2020 1% per hour. The markets are broken. Link to comment Share on other sites More sharing options...
DrStool Posted April 2, 2020 Author Report Share Posted April 2, 2020 Over the last 5 days, the 13 week bill has traded from negative 6 basis points to +24 and back to 10. Everything is busted. We're broke. Completely broke. Stocks haven't begun to scratch the surface. The Fed is propping up the entire world. Link to comment Share on other sites More sharing options...
DrStool Posted April 2, 2020 Author Report Share Posted April 2, 2020 Air pockets everywhere. Link to comment Share on other sites More sharing options...
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