DrStool Posted January 28, 2021 Author Report Share Posted January 28, 2021 Well, this was predictive. Link to comment Share on other sites More sharing options...
sandy beach Posted January 28, 2021 Report Share Posted January 28, 2021 If they don't like it they can build their own stock market. Link to comment Share on other sites More sharing options...
Jorma Posted January 28, 2021 Report Share Posted January 28, 2021 I think I see a larger scale dinosaur on the hourly chart of January. Link to comment Share on other sites More sharing options...
Jorma Posted January 28, 2021 Report Share Posted January 28, 2021 I'm standing by my 43,000 SPX call, but I may revise it to 430. Link to comment Share on other sites More sharing options...
DrStool Posted January 28, 2021 Author Report Share Posted January 28, 2021 No doubt. Link to comment Share on other sites More sharing options...
DrStool Posted January 28, 2021 Author Report Share Posted January 28, 2021 All chart patterns are dinosaurs. Link to comment Share on other sites More sharing options...
Jorma Posted January 28, 2021 Report Share Posted January 28, 2021 $106Bn Monday. https://www.treasurydirect.gov/instit/annceresult/press/press_cashpydwn.htm Link to comment Share on other sites More sharing options...
DrStool Posted January 28, 2021 Author Report Share Posted January 28, 2021 Seeing the Rs coalescing in support of Trump and people like Marjorie Taylor Greene is terrifying. Stay safe, my fellow Americans. From Zadar, Croatia, Good night, and good luck. Link to comment Share on other sites More sharing options...
Jorma Posted January 28, 2021 Report Share Posted January 28, 2021 Closing or at least withdrawing most all from brokerage accounts is an option that must now be seriously considered and profit or loss should not be a consideration. The whole game feeds the beast and it has for 40 years. Again nobody asked Jerry if the Fed will alter policy if the killings start. The zanies think the financial system and corporatist system is just going to keep humming along if they take over and it might if Jerry and JPM et al. go along. But maybe not if millions take their chips and go home. Am I a little too grim? Probably but somebody has to do it. Link to comment Share on other sites More sharing options...
Jimbo Posted January 29, 2021 Report Share Posted January 29, 2021 THE GAMESTOP GAME HAS BEEN STOPPED.....THE REVERSE HOTEL CALIFORNIA As I predicted trading in the most shorted stocks restricted. But not entirely suspended. No....rather trading has been "Slanted". i.e. the Redditers can only sell but they cannot buy!!!!!!!!! (A sort of reverse hotel California - in the song you can check in but never leave...well Redditors can leave (sell the stock) but they can never check in (buy the stock)). So if they cannot buy then who is on the other side of the trade when they sell, who are the buyers?????? Who is in the "Hotel California" position????????? Answer (drum roll please): The long short hedge funds who need to buy back the stock to close out their underwater short positions. The rules of the game have been flipped 180 degrees so that the Redditers no longer occupy the privileged "Buy" position, the long short funds do!!! A beautiful example of the current wall street power dynamic at work. Link to comment Share on other sites More sharing options...
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