DrStool Posted August 30, 2022 Report Share Posted August 30, 2022 It was probably the fact that I added more swing trade short picks yesterday. Meanwhile, I'm going to take the day off today after producing 4 big reports since Friday. And on Saturday I rigged up a temporary hookup for my brand new Bosch Automatic Clothes Washing Machine, after I got tired of waiting for my contractor to return from his never ending August vacation. My lawyer too. Another one who disappeared for the whole month. But I've never done plumbing before, and all I had was a capped outlet from the main water supply. So I went to the Mr. Bricolage store about 5 blocks from my apartment to buy the components I thought I would need to rig up the new Bosch Automatic Clothes Washing Machine. Mr. Bricolage is a French chain of small hardware stores, like we used to have back home in our suburban neighborhoods. You know, back in the 50s and 60s, when Republicans were people like Eisenhower. If anybody should be on Mt. Rushmore it should be him. But I digress. Where was I? Oh right, the Bosch Automatic Clothes Washing Machine. So I went to the Mr. Bricolage, and stood looking at all the plumbing parts trying to visualize how to put a washing machine hose together with a threaded, capped water supply. It took me about a half hour, but I figured I needed another hose to extend the hookup far enough so that I could add a valve near the top of the machine end of the connection. So I got the valve, but both ends to be connected were female, and while I would have liked to have seen that, I knew enough about sex after trying it once about 50 years ago, I knew I needed two headed male adapter to plug into the two female openings. Finally, I found that too. So I bought the connecting hose, shut-off valve, male-female adapter (fortunately I no longer live in Florida, and in France it's ok to talk about things like that. And off I went. I put it all together and it worked. Except the connection from the adapter to the valve was metal to metal and it leaked. So I found some of that white plumber's tape and wrapped it around the threads and rescrewed the connection. It worked. The leak stopped. Considering it was the first time I had rescrewed anything since I left my wife 5 years ago, I was proud of myself! Don't worry. When the contractor returns, who knows when, he'll be installing the washer permanently into the cabinets to be built in that space. Meanwhile back at the stock market, the rebound has begun. The 5 day cycle up phase started at yeasterday's low. Look for resistance around 4080-85. If they clear that, then 4115. Another big slug of T-supply is settling tomorrow, so I don't think this rally will persist beyond that. Swing Trade Screens – Good Week For Our Shorts Last Week, Adding More NowAugust 29, 2022 Freak Out Now Before It’s Too Late August 29, 2022 Warnings of August Liquidity Crash Come to Fruition – Here’s What to Do August 28, 2022 Gold Miners Swing Picks August 26, 2022 Has Rule Number One Been Repealed? August 18, 2022 “As Good as It Gets” Was Good While It Lasted August 6, 2022 Treasury Confirms Supply Tsunami We Expected – Will Obliterate Everything August 3, 2022 Withholding Tax Collections Solid in July, But Here’s Why the Party is Over August 2, 2022 The Bond Rally That Fooled The Majority And Didn’t Help Dealers July 27, 2022 If you're serious about the underlying forces of supply and demand that drive the markets, join me! 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...
Jorma Posted August 30, 2022 Report Share Posted August 30, 2022 I do know the three Cardinal rules of plumbing. Hot on the left, cold on the right and poop doesn't flow uphill. The latter might be the story of a lot of assets. Link to comment Share on other sites More sharing options...
No Einstein Posted August 30, 2022 Report Share Posted August 30, 2022 "You know, back in the 50s and 60s, when Republicans were people like Eisenhower. If anybody should be on Mt. Rushmore it should be him"....... i agree with the 2nd sentence.... but the 1st sentence is wrong... bad , fear mongering republicans were around back then too...Joseph McCarthy was very powerful, Link to comment Share on other sites More sharing options...
Jimi Posted August 30, 2022 Report Share Posted August 30, 2022 3 hours ago, DrStool said: You know, back in the 50s and 60s, when Republicans were people like Eisenhower. If anybody should be on Mt. Rushmore it should be him. Our youngest’s last day of summer vacation was yesterday. He loves history & war, so we sat on the couch and watched “Patton” together: neither of us had seen it. Great film. I pointed out to him that one never sees Eisenhower in the movie. Link to comment Share on other sites More sharing options...
fxfox Posted August 30, 2022 Report Share Posted August 30, 2022 "The market" STILL doesn't get it. They thought it would be "Turnaround Tuesday" today, but that is a thing of a bull market. We are in a bear. Link to comment Share on other sites More sharing options...
fxfox Posted August 30, 2022 Report Share Posted August 30, 2022 Link to comment Share on other sites More sharing options...
BurntOnce Posted August 30, 2022 Report Share Posted August 30, 2022 learn to love press fittings for plumbing projects. Link to comment Share on other sites More sharing options...
The CoinGuy Posted August 30, 2022 Report Share Posted August 30, 2022 "This is It" clip... Could prove to be prophetic. In the SPX....the decline from the January 4th(1.04) stock market peak to our recent high on August 16th(8.16) is mirroring Russia. Right here at this exact point after the turn...led into the February 24th(2.24) attack on Ukraine and collapse in the Russian Stock Market. Anyone notice how many days there are from January 4th to August 16th? Think on it... TCG Link to comment Share on other sites More sharing options...
DrStool Posted August 30, 2022 Author Report Share Posted August 30, 2022 Ugly. Link to comment Share on other sites More sharing options...
DrStool Posted August 30, 2022 Author Report Share Posted August 30, 2022 Spent the day in Menton, pronounced mahtohn. Another gorgeous French Riviera town right at the border to Italy. Link to comment Share on other sites More sharing options...
DrStool Posted August 30, 2022 Author Report Share Posted August 30, 2022 Good grief. Link to comment Share on other sites More sharing options...
Jorma Posted August 30, 2022 Report Share Posted August 30, 2022 And RRP's sit at$2.2TN.? Link to comment Share on other sites More sharing options...
DrStool Posted August 30, 2022 Author Report Share Posted August 30, 2022 18 minutes ago, Jorma said: And RRP's sit at$2.2TN.? Hard to believe, Harry. Link to comment Share on other sites More sharing options...
Jimi Posted August 30, 2022 Report Share Posted August 30, 2022 If today was the up phase.... Link to comment Share on other sites More sharing options...
Jorma Posted August 30, 2022 Report Share Posted August 30, 2022 If you would have told me $2.2Tn was opting for .5% interest over 3% I would have said sure, and I am the King of Sweden. Maybe I am the king of Sweden. I better check. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.