DrStool Posted July 15, 2021 Report Share Posted July 15, 2021 Just a reminder that yesterday the Fed pumped $83 billion into the trading accounts of Primary Dealers. Another $40 billion is coming next week on Monday and Wednesday. Moron that here. Apparently they committed most of that cash to buying more Treasury paper yesterday, pushing yields down. The stock market is consolidating, yet again. I'm not willing to bet against it. The day will come, but this ain't it. Watch out if the 10 year yield starts backing up again. It's likely to accompany another in this endless series of up days in stocks. 🤮🤮🤮 Find the extended outlook at Liquidity Trader. Where The End Stage Rally is Headed If you are a new visitor, 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. It's 6:02 AM in NY, and 12:02 PM here in Poland. I'm on a train from Krakow to Warsaw, the city that was the home of my ancestors for godknows how long. It will be home for at least a month, and possibly several more. I'm on a high speed train that's as modern and comfortable as any I have ridden anywhere in Europe. The travel time from Krakow to Warsaw is 2:23. I was extremely impressed with Krakow, a city that manages to nicely tie the historic center with the modern city surrounding it. It would be a fun place to live, just not in the winter. 😉 Photos here. Link to comment Share on other sites More sharing options...
DrStool Posted July 15, 2021 Author Report Share Posted July 15, 2021 That's one small spport level for da man, no giant leap for bearkind. Link to comment Share on other sites More sharing options...
DrStool Posted July 15, 2021 Author Report Share Posted July 15, 2021 we are now passing through the town of Mszczonow. That's right, Mszczonow. I didn't say it. But it's true. It's right there on the map. 96-320 Mszczonow, Poland Link to comment Share on other sites More sharing options...
BreakOut Posted July 15, 2021 Report Share Posted July 15, 2021 I’ll bet the first “o” is silent. Link to comment Share on other sites More sharing options...
DrStool Posted July 15, 2021 Author Report Share Posted July 15, 2021 I don't think we're in Europe any more, Toto. Link to comment Share on other sites More sharing options...
DrStool Posted July 15, 2021 Author Report Share Posted July 15, 2021 Those were my first images on exiting the Warszawa Centralna station. But this Stalinist monster was right across the street. I knew I was in the right place. The Eiffel Tower, it's not. Link to comment Share on other sites More sharing options...
DrStool Posted July 15, 2021 Author Report Share Posted July 15, 2021 I need to get a few things. I'll see you later! Link to comment Share on other sites More sharing options...
DrStool Posted July 15, 2021 Author Report Share Posted July 15, 2021 If they manage to take out 4340, it would measure to 4300. Link to comment Share on other sites More sharing options...
DrStool Posted July 15, 2021 Author Report Share Posted July 15, 2021 2-3 day cycle projection 4337. Also trend channel spport. Link to comment Share on other sites More sharing options...
Jimi Posted July 15, 2021 Report Share Posted July 15, 2021 2 hours ago, DrStool said: Those were my first images on exiting the Warszawa Centralna station. But this Stalinist monster was right across the street. I knew I was in the right place. The Eiffel Tower, it's not. Pretty sure that's the building where Bill Murray courted Zuul 25 years ago. Link to comment Share on other sites More sharing options...
DrStool Posted July 15, 2021 Author Report Share Posted July 15, 2021 5 day cycle projection 4335 broken. Lower channel bound broken. I expect a rapid reversal. Going to dinner! Link to comment Share on other sites More sharing options...
DrStool Posted July 15, 2021 Author Report Share Posted July 15, 2021 Link to comment Share on other sites More sharing options...
potatohead Posted July 15, 2021 Report Share Posted July 15, 2021 7 hours ago, DrStool said: we are now passing through the town of Mszczonow. That's right, Mszczonow. I didn't say it. But it's true. It's right there on the map. 96-320 Mszczonow, Poland need to remember this next time I play scrabble....... Link to comment Share on other sites More sharing options...
DrStool Posted July 15, 2021 Author Report Share Posted July 15, 2021 2 hours ago, DrStool said: 5 day cycle projection 4335 broken. Lower channel bound broken. I expect a rapid reversal. Going to dinner! I come back from dinner and an hour of wandering the big city streets late at night, and WhadItellya! aHA! uhHAH! See. You can't fool an old turd. Link to comment Share on other sites More sharing options...
DrStool Posted July 15, 2021 Author Report Share Posted July 15, 2021 What a crazy modern, dynamic town this is! Lots of energy. Nothing whatsoever like the Europe I'm familiar with. But it still has all the conveniences of European cities. Link to comment Share on other sites More sharing options...
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