Jump to content

They're B-a-a-a-a-a-a-c-k

Rate this topic


Recommended Posts

From the Department of Deja Vu, I give you this. As I look at this in my old age, I say, "Haven't I seen this somewhere before?" 

So the cucaracha has come out of the many cracks in the market over the past 5 days, leaving his dark and dirty lair to scurry up the wall of the street.

It's not pretty. The base breakout measures to 4625. The 5 day cycle projection looks only 4600 at this point, but if this gain holds or increases before NY opens, then 4625 would be in play. And obviously, if it breaks 4595, that would be an even bigger high base with a measured move objective of around 4740. 

tvc_4ab8ecb48a5c5e87f5ac86e5ca678ad4.png

But there may be hope, bear shitters! The buttcoin line (purple) is now negatively diverging, and the stock market has had a tendency to be the buttcoin a day or two later. So let's hang on to what we got, don't let go girl, we got a lot. 

Big pic- Raggedy Market Has Ambitions

 

Meanwhile, the 10 year yield broke out of a 7 month uptrend channel yesterday, and now it's trying to come back within it. If it closes below that upper line, that 1.97 print could be the peak for a while, but if this holds, then we're looking at 2.01.  If that's cleared, hoo boy. Abandon hope, all ye mofos who enter here. 

tvc_38ee6fd1f6b483fbf85ffb3aca51da23.png 

Big Pic- Don’t Be Fooled, The Economy is Still Growing And Still Bearish

 

And now, we ask of the Golden Goose, "Are you ready to lay eggs?" 

tvc_c90152e437a68ac4f835f6b5b6e82c9e.png

The big pic - Waiting for Gold Oh

And now, I ask of you, oh Great and Wonderful Grand Viziers of le Currencies, is it time for me to sell all my US doodahs, and buy Geuros? 

tvc_2afc9ee73b93279ccc3eb5cca109366c.png

And now, The Rest of the Story- 

Patience, Patience! Grrrrrr….

Raggedy Market Has Ambitions

Don’t Be Fooled, The Economy is Still Growing And Still Bearish

Waiting for Gold Oh

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. 

Link to comment
Share on other sites

  • Replies 25
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Time for my afternoon constitutional. See you later! 

May be an image of 5 people, outdoors and palm trees

The sun is like this every day here. 

One day it will begin to expand into a red giant and we will all be incinerated and the earth will become a burnt cinder floating in space, until the sun contracts to become a white dwarf, then supernovas into a black hole, which will suck us in past the event horizon, and finally, we will all be one at the singularity. 

Have a Nice day. 

Oooommmmmm....

Link to comment
Share on other sites

i have been saying (at least to my 50 yr old son) for 5 or 6 months, they would keep it going till after the elections...i did not put a number out there ,only that the trend would remain...i am convinced they will use RRP slush fund  and "their tools" to accomplish this. now that i have made my theory public the market crash is imminent.

Link to comment
Share on other sites

45 minutes ago, No Einstein said:

i have been saying (at least to my 50 yr old son) for 5 or 6 months, they would keep it going till after the elections...i did not put a number out there ,only that the trend would remain...i am convinced they will use RRP slush fund  and "their tools" to accomplish this. now that i have made my theory public the market crash is imminent.

They haven't touched the RRP cash yet. They're doing this with smoke, mirrors, and payday loans. 

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.

Guest
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.

Loading...
 Share

  • Tell a friend

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

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