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DrStool

Where We Go From Here 4/30/20

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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. 

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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.

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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. 

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They found support right where spected. 2885. Also the 5 day cycle projection. BTFD. 

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Custodial. The guy that mops the floors.  

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What difference would it make to China if its Treasury assets went to zero?  Not a thing. Balance sheets are so 16th century. 

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27 minutes ago, DrStool said:

We are not on Candid Camera. This is real. And real phuk dup. 

 

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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🧐

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I have absolutely no sense, no conviction, no hope that it's going lower. 

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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. 

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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! 😂

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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

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Nonetheless I think that Amazin dot bomb‘s earnings later will blow off any roof from Seattle to New Haven,  Connecticut.

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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. 👍

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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.......

images.jpg.66fb95781c681227604729d97314bbdf.jpg

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