PullMyFinger Posted August 26, 2022 Report Share Posted August 26, 2022 Rule #1 remains intact? Link to comment Share on other sites More sharing options...
fxfox Posted August 26, 2022 Report Share Posted August 26, 2022 High beta gets it with the shaftboot now Link to comment Share on other sites More sharing options...
Mkucstars Posted August 26, 2022 Report Share Posted August 26, 2022 Now is a good time for gold miners. Baby thrown out with the bath water, I smell opportunity. Link to comment Share on other sites More sharing options...
Mkucstars Posted August 26, 2022 Report Share Posted August 26, 2022 PPP in action? Link to comment Share on other sites More sharing options...
Mkucstars Posted August 26, 2022 Report Share Posted August 26, 2022 Seems they're fighting a loosing battle to keep the dollar index up Link to comment Share on other sites More sharing options...
Mkucstars Posted August 26, 2022 Report Share Posted August 26, 2022 Gold is real money. END THE FED. Link to comment Share on other sites More sharing options...
fxfox Posted August 26, 2022 Report Share Posted August 26, 2022 Minuteman on ARKK Cruise Missile on Rusty Monster H&S breakdown of German DAX Buttcoin bombed anything else? Toll Brothers still alive? Link to comment Share on other sites More sharing options...
DrStool Posted August 26, 2022 Author Report Share Posted August 26, 2022 So. I guess the rally's over? Link to comment Share on other sites More sharing options...
DrStool Posted August 26, 2022 Author Report Share Posted August 26, 2022 1 hour ago, PullMyFinger said: Rule #1 remains intact? Rule Number One is immutable. You break the rule too long, you pay the price. Link to comment Share on other sites More sharing options...
Jimi Posted August 26, 2022 Report Share Posted August 26, 2022 2 minutes ago, DrStool said: So. I guess the rally's over? Just a small dip out of the trending range. Link to comment Share on other sites More sharing options...
DrStool Posted August 26, 2022 Author Report Share Posted August 26, 2022 Quote The final list of double screened output for last week had 14 charts with second or third buy signals on Thursday and Friday. There were 78 charts with second or third sell signals to end the week. That’s a lot of sell signals. Friday on a standalone basis had just 8 buy signals and 35 sell signals. The large number of repeat sell signals suggested that I should find a number of short sale candidates as I undertook the usual visual review of the charts that met the multiple signal criteria. I wasn’t disappointed. I added 7 shorts to the list this week,... Swing Trade Screens – Hit the Jackpot Last Week, New Shorts This Week Link to comment Share on other sites More sharing options...
DrStool Posted August 26, 2022 Author Report Share Posted August 26, 2022 Quote Meanwhile, the Street and its media handmaidens grasped for straws, and they found them. They found them in the “moderating” CPI report, and in the Fed meeting minutes. From these reports, they inferred that the Fed would err on the side of ease instead of constant tightening. Naturally, they misread the data and the fact that the Fed minutes are propaganda. Non-subscribers, click here for access. So much for the narratives. The fact is that the market can only run counter to the macro liquidity trend for so long before the short covering and animal spirits that drive margin buying are exhausted. And if Wall Street is engaging in fantasy, as I think it is, then at some point, probably soon, a moment of recognition will set in. The selling will start, and the rally will reverse. Non-subscribers, click here for access. Has Rule Number One Been Repealed? Link to comment Share on other sites More sharing options...
DrStool Posted August 26, 2022 Author Report Share Posted August 26, 2022 5 day cycle projection 4080. Link to comment Share on other sites More sharing options...
DrStool Posted August 26, 2022 Author Report Share Posted August 26, 2022 Multiple lines of sport 4106-4088 Link to comment Share on other sites More sharing options...
DrStool Posted August 26, 2022 Author Report Share Posted August 26, 2022 Euro stuck the finger in there pretty good. Link to comment Share on other sites More sharing options...
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