DrStool Posted April 30, 2020 Author Report Share Posted April 30, 2020 So on the news that Trump is considering not paying our debt to China, what do investors do? They buy Treasuries of course. The gods must be crazy. Link to comment Share on other sites More sharing options...
Jorma Posted April 30, 2020 Report Share Posted April 30, 2020 I would say the Fed's plan was always more. On an orders of magnitude more, like now. Last year I was saying we were just in the third inning. Now it's the fourth. I believe we have not seen anything yet. Link to comment Share on other sites More sharing options...
Jorma Posted April 30, 2020 Report Share Posted April 30, 2020 4 minutes ago, DrStool said: So on the news that Trump is considering not paying our debt to China, what do investors do? They buy Treasuries of course. The gods must be crazy. So most of the PBOC's holdings are with the Fed, in those accounts, what are they called. I don't suppose the Constitution saying US government debt cannot be defaulted makes no dif. I mean obviously he doesn't know what it means. Link to comment Share on other sites More sharing options...
DrStool Posted April 30, 2020 Author Report Share Posted April 30, 2020 They found support right where spected. 2885. Also the 5 day cycle projection. BTFD. Link to comment Share on other sites More sharing options...
DrStool Posted April 30, 2020 Author Report Share Posted April 30, 2020 Custodial. The guy that mops the floors. Link to comment Share on other sites More sharing options...
Jorma Posted April 30, 2020 Report Share Posted April 30, 2020 What difference would it make to China if its Treasury assets went to zero? Not a thing. Balance sheets are so 16th century. Link to comment Share on other sites More sharing options...
fxfox Posted April 30, 2020 Report Share Posted April 30, 2020 27 minutes ago, DrStool said: We are not on Candid Camera. This is real. And real phuk dup. Link to comment Share on other sites More sharing options...
No Einstein Posted April 30, 2020 Report Share Posted April 30, 2020 Sometimes TA seems so easy.. my favorite is "Sell in May and go away" only 21 trading days left to find out if it works again🧐 Link to comment Share on other sites More sharing options...
DrStool Posted April 30, 2020 Author Report Share Posted April 30, 2020 I have absolutely no sense, no conviction, no hope that it's going lower. Link to comment Share on other sites More sharing options...
DrStool Posted April 30, 2020 Author Report Share Posted April 30, 2020 I am absolutely despondent that the market has no hope whatsoever of going lower. I am totally certain that the chance of the market going lower is zero. Absolute zero. Lower than absolute zero. Link to comment Share on other sites More sharing options...
fxfox Posted April 30, 2020 Report Share Posted April 30, 2020 1 minute ago, DrStool said: I am absolutely despondent that the market has no hope whatsoever of going lower. I am totally certain that the chance of the market going lower is zero. Absolute zero. Lower than absolute zero. Stop that Doc! That‘s my part! 😂 Link to comment Share on other sites More sharing options...
DrStool Posted April 30, 2020 Author Report Share Posted April 30, 2020 In fact, the market is never going lower again. Ever. "Hit em the balls wit everything ya got." -Jaysus Powell "Especially savers. Phuk em." - Jaysus Powell Link to comment Share on other sites More sharing options...
fxfox Posted April 30, 2020 Report Share Posted April 30, 2020 Nonetheless I think that Amazin dot bomb‘s earnings later will blow off any roof from Seattle to New Haven, Connecticut. Link to comment Share on other sites More sharing options...
PullMyFinger Posted April 30, 2020 Report Share Posted April 30, 2020 11 minutes ago, DrStool said: I am absolutely despondent that the market has no hope whatsoever of going lower. I am totally certain that the chance of the market going lower is zero. Absolute zero. Lower than absolute zero. I think we have seen this movie before. The old clever gambit aimed at a double-reverse mind eff "trickeration"--if memory serves, you pulled a similar trick on February 20, and look what happened after that. Maybe, just maybe it will work again. 👍 Link to comment Share on other sites More sharing options...
MisFit Kid Posted April 30, 2020 Report Share Posted April 30, 2020 18 minutes ago, DrStool said: I am absolutely despondent that the market has no hope whatsoever of going lower. I am totally certain that the chance of the market going lower is zero. Absolute zero. Lower than absolute zero. Fascinating....... Link to comment Share on other sites More sharing options...
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