DrStool Posted March 29, 2022 Report Share Posted March 29, 2022 The rally continues. The 5 day cycle projection on the ES, S&P futures now looks 4600-4610, about the same as where it was pointing at the close yesterday, plus a little leeway for a bit more upside. As I pointed out yesterday, clearing 4550 or so put the ES into thin air, but now it is hitting resistance again. If it clears 4610, oops, there it is, then the next targets would be 4620, 4625, and 4640. Piece of cake. And now, the rest of the story. Fragile and Dangerous Semi Blind Spot March 28, 2022 Screens Be Nimble, Screens Be Quick – They Were! March 27, 2022 Here’s Why This Will Be “The Rally that Fools the Majority” March 26, 2022 Seven and a Half Weeks of Bullish Liquidity Ahead March 19, 2022 Give It To Me One More Time, Goldie March 21, 2022 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 More sharing options...
DrStool Posted March 29, 2022 Author Report Share Posted March 29, 2022 Gold Can’t Hold Link to comment Share on other sites More sharing options...
The CoinGuy Posted March 29, 2022 Report Share Posted March 29, 2022 Good morning... I added a chart to my thread in Stool's Gold. Have a GREAT day gentlemen, The CoinGuy Link to comment Share on other sites More sharing options...
DrStool Posted March 29, 2022 Author Report Share Posted March 29, 2022 12 minutes ago, The CoinGuy said: Good morning... I added a chart to my thread in Stool's Gold. Have a GREAT day gentlemen, The CoinGuy Not seeing anything new there. When you cross post, click the 3 dots in the upper right of the new post and copy the share link and post it here so that we can find it easily. Link to comment Share on other sites More sharing options...
The CoinGuy Posted March 29, 2022 Report Share Posted March 29, 2022 Doc... I used the second post I had reserved...so, no actual new post was added to the thread. Where is Everybody...Just Checking In. Quite an opening...a lot of energy being expended right here... Best, TCG Link to comment Share on other sites More sharing options...
DrStool Posted March 29, 2022 Author Report Share Posted March 29, 2022 4 minutes ago, The CoinGuy said: Doc... I used the second post I had reserved...so, no actual new post was added to the thread. Where is Everybody...Just Checking In. Quite an opening...a lot of energy being expended right here... Best, TCG Quote the post and use that to add a new post to the thread. By editing the post it won't show up anywhere as a new post. If you just want a private thread, that's fine. But if you want to build a following, such as by linking from here or social media, it's better to post new posts to the thread. Each new post has its own link. Link to comment Share on other sites More sharing options...
Jimbo Posted March 29, 2022 Report Share Posted March 29, 2022 THE BERKSHIRE HATHAWAY ANNUAL LETTER Short and sweet for 2021. However I have one problem with it. The return table that accompanies it is never adjusted for inflation. So the 20% annual return since Warren took over is actually 15% real. And the 10% S&P return is actually 5% per annum. Which makes Warren look better as he actually outperforms the S&P by 300% after adjusting for inflation.. Link to comment Share on other sites More sharing options...
The CoinGuy Posted March 29, 2022 Report Share Posted March 29, 2022 I don't do social media Doc... Not looking to advertise or build a following. Just looking to spend some time with old friends(and perhaps a few new ones), who ever sees the information will be meant to see it. That's my eccentric perspective. I've always been a bit of an oddball. I don't mind. From now on I will add new posts instead of editing the old ones. Since you have the SPX covered at 4610, I'll mention to anyone looking in who isn't familiar with the DJI...it likes to trade on the 2's and the 8's, so, when I said 34k to 35k is no man's land, bullish above/bearish below...in my mind, I'm thinking 34, 200 and 35,200. I mistakenly assume everyone knows this. Best, The CoinGuy Link to comment Share on other sites More sharing options...
Jorma Posted March 29, 2022 Report Share Posted March 29, 2022 Coupon rates falling into the auction seems to happen a lot. Back in the day you could pretty much bank on rates rising into the auction so the dealers could make some good coin distributing them. Now the opposite happens a lot, by my eye, and it makes no sense. Do they want to take on inventory at a high price? WTF? It must be some kind of Ju Jitsu thing above my pay grade. Link to comment Share on other sites More sharing options...
DrStool Posted March 29, 2022 Author Report Share Posted March 29, 2022 5 minutes ago, Jorma said: Coupon rates falling into the auction seems to happen a lot. Back in the day you could pretty much bank on rates rising into the auction so the dealers could make some good coin distributing them. Now the opposite happens a lot, by my eye, and it makes no sense. Do they want to take on inventory at a high price? WTF? It must be some kind of Ju Jitsu thing above my pay grade. In the old days, pre 2009 the dealers were net short. Since then they've been net long. Getting less so for the past year, but still net long. It's a budding catastrophe in motion. Link to comment Share on other sites More sharing options...
The CoinGuy Posted March 29, 2022 Report Share Posted March 29, 2022 While the gold contract was kicked in the teeth, the ^HUI appears to be shaking it off quite nicely. If the doji holds, we'll be getting another crack at 325. The vehicle is the current flag unfolding on the daily. Again...if it cracks 325, it will need to hold it or it'll fall out of bed hard. I've already given my thoughts. TCG Link to comment Share on other sites More sharing options...
DrStool Posted March 29, 2022 Author Report Share Posted March 29, 2022 Is the market open? Link to comment Share on other sites More sharing options...
DrStool Posted March 29, 2022 Author Report Share Posted March 29, 2022 Helluva squeeze in the EUR/USD today. All because they think that Putin is gonna pull out from attacking Kyiv. Link to comment Share on other sites More sharing options...
The CoinGuy Posted March 29, 2022 Report Share Posted March 29, 2022 37 minutes ago, DrStool said: Is the market open? I was beginning to wonder myself. For awhile there...4610 and 35200 seem pinned. TCG Link to comment Share on other sites More sharing options...
DrStool Posted March 29, 2022 Author Report Share Posted March 29, 2022 Final 5 day and 2-3 day cycle projections around 4610 done, of course. Now we fly blind for a bit. They need to break 4595 to have a shot at getting anything at all going on the downside. Link to comment Share on other sites More sharing options...
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