fxfox Posted August 28, 2020 Report Share Posted August 28, 2020 Btw, have I ever told you that I admire Dr Ruth Westheimer? Hard core German accent 😂 and not only that, she speaks Frankfurt dialect, even when she speaks English 😂 In my view she is an absolutely outstanding personality. A role model. The Germans/Nazis killed all her relatives, her mother, her father... She then went to nowadays Israel to fight for the Hagana and so on, look here: https://en.m.wikipedia.org/wiki/Ruth_Westheimer There is also this outstanding documentary about her: „Ask Dr Ruth“. Trailer here: Link to comment Share on other sites More sharing options...
jp6 Posted August 28, 2020 Report Share Posted August 28, 2020 19 minutes ago, fxfox said: Who says that the March low was not already the 1932 +89 (88) years Fibo projection low? This was a very serious downmove we had. In the US it was somewhat contained, espacially in NDX. When you look globaly, many indeces went down 50% and more. That is NOT nothing. In past decades it would have taken 12-36 months or so to make a 50% downmove. Just the fact that it now took only a few weeks doesn‘t mean nothing happened. Pricewise A LOT happened. Bears are often too greedy. They are as greedy as bulls. If you gave Noland 1 million in 1995 you would be a chlochard right now. Maybe a greeter at Wal Mart. If you look it only for top. There is nothing about the Bottom. Link to comment Share on other sites More sharing options...
Jimi Posted August 28, 2020 Report Share Posted August 28, 2020 2 hours ago, jp6 said: When the wheels fall off. They are all going to blame the virus not the Fed. Fed has pumped the market up and that is why we are in trouble. If they let the market fend for it self in 2009 then most of the dead corporation would have gone under. No share buy backs and real investments in bushiness. Now we have Zombies corporation every where. Is it possible Jay Powell is deliberately setting up a fall crash ahead of the election? Link to comment Share on other sites More sharing options...
No Einstein Posted August 28, 2020 Report Share Posted August 28, 2020 5 minutes ago, Jimi said: Is it possible Jay Powell is deliberately setting up a fall crash ahead of the election? it would be nice if it was our news cycle... Link to comment Share on other sites More sharing options...
DrStool Posted August 28, 2020 Author Report Share Posted August 28, 2020 A chlochard? I gotta google that. Link to comment Share on other sites More sharing options...
PullMyFinger Posted August 28, 2020 Report Share Posted August 28, 2020 2 minutes ago, Jimi said: Is it possible Jay Powell is deliberately setting up a fall crash ahead of the election? I have kinda been wondering the same thing. Marty Armstrong has been saying there is a good chance we go down hard on the Dow into October starting next week, or up into October and then down hard. Next week is one of his turn weeks so down in September is his more likely scenario. But he has been pretty off on the size and scope of this rally. He thought we would bounce into July at best. I have never known him to be this wrong for this long before. Link to comment Share on other sites More sharing options...
fxfox Posted August 28, 2020 Report Share Posted August 28, 2020 2 minutes ago, DrStool said: A chlochard? I gotta google that. Sorry typo: Clochard (without h). That‘s French for something like a tramp/bum. Link to comment Share on other sites More sharing options...
DrStool Posted August 28, 2020 Author Report Share Posted August 28, 2020 QE tilts the board. Link to comment Share on other sites More sharing options...
MisFit Kid Posted August 28, 2020 Report Share Posted August 28, 2020 6 minutes ago, DrStool said: A chlochard? I gotta google that. Is it really clo·chard /ˈklōSHərd,klōˈSHär/ >: Ok - typo Link to comment Share on other sites More sharing options...
DrStool Posted August 28, 2020 Author Report Share Posted August 28, 2020 Just now, fxfox said: Sorry typo: Clochard (without h). That‘s French for something like a tramp/bum. That was kinda my guess. Link to comment Share on other sites More sharing options...
DrStool Posted August 28, 2020 Author Report Share Posted August 28, 2020 It's a root vegetable used in French cooking. French onion clochard soup is very big. Very big. The biggest soup in France. Link to comment Share on other sites More sharing options...
fxfox Posted August 28, 2020 Report Share Posted August 28, 2020 14 minutes ago, Jimi said: Is it possible Jay Powell is deliberately setting up a fall crash ahead of the election? He would be immediately made responsible for the „crash“ by Trump and likely killed by Albanian snipers or something like that. Or maybe poisened. My guess would be that he is not ready to die. So he won‘t ignite a crash. Link to comment Share on other sites More sharing options...
jp6 Posted August 28, 2020 Report Share Posted August 28, 2020 45 minutes ago, Jimi said: Is it possible Jay Powell is deliberately setting up a fall crash ahead of the election? I just don't think so, Seeds were sown long before he took office. Greenspan (put) is responsible for the mess Every Mania ends including Stocks always goes up. J Powell is trying his best to prevent the crash but traders are irresponsible lot and have all sorts of trades on, which can and will go wrong before the election. Link to comment Share on other sites More sharing options...
DrStool Posted August 28, 2020 Author Report Share Posted August 28, 2020 Powell is worth hundreds of millions. He will not crash the stock market. Link to comment Share on other sites More sharing options...
DrStool Posted August 28, 2020 Author Report Share Posted August 28, 2020 He's a private equity guy. His circle of friends are private equity and other people of wealth and power. He's not an academic. He would have no reason, practical or theoretical, to crash the market. Link to comment Share on other sites More sharing options...
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