Jump to content

Another Bullish Setup 7/28/21

Rate this topic

Recommended Posts

That is, if they clear 4400

With a 30 minute lag this chart doesn't show it yet, but as of 4 AM in Noo Jork, and 10 AM in Madrid, Paris, Frankfurt, and Warsaw, go figure, it's there. Now they just need to push it until NY gets into the action. 

But of course, it doesn't mean much. Today is Fed day. What happens on Fed Day, stays in Fed Day. We return to the real game tomorrow. 


Meanwhile, big picture stuff. 

Prices Show Us Not to Argue with Mother Market

Be Careful of that Yellow Stuff

Chart Picks – Dipping Two Toes in the Meat Grinder

How the Fed and Treasury Rig The Debt Ceiling Roulette Game Matters

If you are a new visitor to the Stool, please register and join in! To post your observations and charts, and snide, but good-natured, comments, click here to register. Be sure to respond to the confirmation email which is sent instantly. If not in your inbox, check your spam filter.  

If you're interested in following the photo journal of my European wanderings, including latest shots from Warsaw, a dynamic, un-Europe-like city, check out my Instagram page

Link to comment
Share on other sites

  • Replies 25
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

31 minutes ago, Jorma said:

I see an autographed Patrick Mahomes card sold for $4.3 million. I figure It should go for about $100 million by 2030.

Maybe whoever bought the card, put it in their bicycle spokes to make a cool sound..........😀

Link to comment
Share on other sites

I just feel the risk/reward is skewed to the downside. Jay is throwing cash at all time highs. What would make them take off from here? But any whiff of bad news could get ugly fast. Bad news doesn't have to be in the US either. I keep close stops and holding pretty even but when the swoon comes I will be short.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Tell a friend

    Love Stool Pigeons Wire Message Board? Tell a friend!
  • Recently Browsing   0 members

    • No registered users viewing this page.
  • ×
    • Create New...