Jimi Posted March 7, 2022 Report Share Posted March 7, 2022 "...this trendline." LOLOL Link to comment Share on other sites More sharing options...
DrStool Posted March 7, 2022 Author Report Share Posted March 7, 2022 18 minutes ago, Jimi said: "...this trendline." LOLOL Well, there's only one where it's sitting. Right? Are you saying that it's because there's a trendline for every price? Link to comment Share on other sites More sharing options...
DrStool Posted March 7, 2022 Author Report Share Posted March 7, 2022 Now it's at a triple trendline convergence. Link to comment Share on other sites More sharing options...
Jimi Posted March 7, 2022 Report Share Posted March 7, 2022 7 minutes ago, DrStool said: Well, there's only one where it's sitting. Right? Are you saying that it's because there's a trendline for every price? I just like teasing. Link to comment Share on other sites More sharing options...
DrStool Posted March 7, 2022 Author Report Share Posted March 7, 2022 Me too. Link to comment Share on other sites More sharing options...
DrStool Posted March 7, 2022 Author Report Share Posted March 7, 2022 Down goes... Link to comment Share on other sites More sharing options...
Jimi Posted March 7, 2022 Report Share Posted March 7, 2022 1 minute ago, DrStool said: Down goes... Link to comment Share on other sites More sharing options...
DrStool Posted March 7, 2022 Author Report Share Posted March 7, 2022 De Nice, France, je vous offre Bonne nuit et bonne chance. Link to comment Share on other sites More sharing options...
DrStool Posted March 7, 2022 Author Report Share Posted March 7, 2022 The afterbirth opens lower. Link to comment Share on other sites More sharing options...
BreakOut Posted March 7, 2022 Report Share Posted March 7, 2022 Et plus de pain, s’il vous plait. Link to comment Share on other sites More sharing options...
Jorma Posted March 7, 2022 Report Share Posted March 7, 2022 I'm pretty disappointed nobody picked up on my Fed Reverse Repoop nomenclature. Link to comment Share on other sites More sharing options...
itiswhatitis Posted March 8, 2022 Report Share Posted March 8, 2022 I keep on thinking about the newly retired who went out and bought $150K+ motor homes during the pandemic. Their 401Ks are plunging and they are facing $5+ gallon gas. Link to comment Share on other sites More sharing options...
Jimi Posted March 8, 2022 Report Share Posted March 8, 2022 Overnight downdraft. Bloomberg just had a chart of nickel on-screen with a big spike in recent days; and then reported that some exchange is suspending the delivery-requirement (presumably on nickel futures). Wasn't aware how massively nickel has spiked. https://wolfstreet.com/2022/03/07/now-nickel-goes-bananas-spikes-73-in-one-day-on-russia-sanctions-shipping-chaos-massive-short-squeeze/ Rivets are popping off. Link to comment Share on other sites More sharing options...
Jimi Posted March 8, 2022 Report Share Posted March 8, 2022 Kremlinhedge is suggesting that a Chinese bank failed to meet a margin call on its nickel position at the LME, and that LME is the exchange that suspended the obligation to deliver. https://www.zerohedge.com/commodities/one-chinas-largest-banks-unable-pay-margin-call-after-todays-monster-nickel-squeeze Wow. Link to comment Share on other sites More sharing options...
Jimi Posted March 8, 2022 Report Share Posted March 8, 2022 Now Bloomberg representing that, "LME Allows Deferral of Metal Delivery." Wonder if that's across the futures complex, and not just limited to nickel. Wow. Link to comment Share on other sites More sharing options...
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