potatohead Posted June 21, 2021 Report Share Posted June 21, 2021 3 hours ago, DrStool said: BTC now has a 9 month cycle projection of 28,000. Breaking 29,000 would result in a conventional measured move target of 0 for the head and shoulders pattern breakdown. Actually -5,000, but I don't think it can go negative, can it? I can see it now for Michael Saylor if BTC breaks……..”MSTR of Puppets” Link to comment Share on other sites More sharing options...
DrStool Posted June 21, 2021 Author Report Share Posted June 21, 2021 5 day cycle projection now 4240. Link to comment Share on other sites More sharing options...
DrStool Posted June 21, 2021 Author Report Share Posted June 21, 2021 Just did an interim update of my withholding tax chart and have to wonder if an overheating US economy might not bail out the stock market. Seems implausible, but it's not impossible. I suppose the question is how much inflation for how long. Link to comment Share on other sites More sharing options...
DrStool Posted June 21, 2021 Author Report Share Posted June 21, 2021 5 day cycle projection 4250 Link to comment Share on other sites More sharing options...
DrStool Posted June 21, 2021 Author Report Share Posted June 21, 2021 I guess everybody is just speechless. Link to comment Share on other sites More sharing options...
No Einstein Posted June 21, 2021 Report Share Posted June 21, 2021 30 minutes ago, DrStool said: Just did an interim update of my withholding tax chart and have to wonder if an overheating US economy might not bail out the stock market. .......................... i have to ask....how can this stock market be bailed out.... unless u are implying a "deep correction " first.... Link to comment Share on other sites More sharing options...
MisFit Kid Posted June 21, 2021 Report Share Posted June 21, 2021 10 minutes ago, DrStool said: I guess everybody is just speechless. "While nobody can predict the future, it's getting harder and harder to predict the past." I would put in my 2 cents......but A nickel ain't worth a dime, anymore............ Link to comment Share on other sites More sharing options...
DrStool Posted June 21, 2021 Author Report Share Posted June 21, 2021 I'm thinking of a garden variety bear market vs a monumental crash. Kind of a muddle through scenario. Or maybe not even that. I've been working on that thesis in my recent Liquidity Trader Monetary Trends report as the data has surprised to the upside month after month. Maybe this isn't 1928. Maybe it's 1921. Will report more as the data warrants. Link to comment Share on other sites More sharing options...
DrStool Posted June 21, 2021 Author Report Share Posted June 21, 2021 I'm leaving early tomorrow AM for a little boat trip out to a couple of the outer islands. Just 9 more days here in Zadar, so I want to pack in some R&R and visits to places I haven't seen yet. I'll open a new thread now for Tamara. I'll be back around 1 PM ET. Have a great evening and a good morning! Link to comment Share on other sites More sharing options...
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