PullMyFinger Posted September 15, 2022 Report Share Posted September 15, 2022 18 minutes ago, DrStool said: Today will go down in history as Black Friday. The Real Black Friday. It will become known as RBF. Fed Speeds Into Dead Man’s Curve, More Black Tuesdays Ahead Or, as we like to call it on this side of the Atlantic, Thursday. 🙂 Link to comment Share on other sites More sharing options...
BartTheBear Posted September 15, 2022 Report Share Posted September 15, 2022 Let's see if the PPT steps in with both feet at 3900 cash. Link to comment Share on other sites More sharing options...
DrStool Posted September 15, 2022 Author Report Share Posted September 15, 2022 This won't stick. Took out yesterday's low. Lower lows now a done deal. Link to comment Share on other sites More sharing options...
DrStool Posted September 15, 2022 Author Report Share Posted September 15, 2022 2 minutes ago, PullMyFinger said: Or, as we like to call it on this side of the Atlantic, Thursday. 🙂 Ah geeze. I already tweeted it. Holy fuck. Link to comment Share on other sites More sharing options...
PullMyFinger Posted September 15, 2022 Report Share Posted September 15, 2022 Just now, DrStool said: Ah geeze. I already tweeted it. Holy fuck. Just tell people you are on the other side of the international date line. It's gotta be Friday somewhere. Link to comment Share on other sites More sharing options...
DrStool Posted September 15, 2022 Author Report Share Posted September 15, 2022 Link to comment Share on other sites More sharing options...
PullMyFinger Posted September 15, 2022 Report Share Posted September 15, 2022 Maybe we will have one of those tomorrow too, and you will appear eerily prescient. Like in the movies where someone comes back from the future to warn humanity of impending doom. Link to comment Share on other sites More sharing options...
BurntOnce Posted September 15, 2022 Report Share Posted September 15, 2022 so much for precious metals as a hedge against armageddon. what does one do with gold when there's no water, anyway. Link to comment Share on other sites More sharing options...
The CoinGuy Posted September 15, 2022 Report Share Posted September 15, 2022 Lehman Brothers...September 15, 2008. TCG oh...and... From "Through the Looking Glass" - April 22, 2022 Full Chart: I'm going to add this commentary to "Through the Looking Glass" If you view the January 5th peak on the right side of the chart? As you leave the topping pattern you enter into two distinct 1x by 1x patterns that will mirror each other in time/price with "a rest period" in between. The only caveat to this scenario is that in either 1x period of time you can have a very short term crash phase that will distort the chart in price/time...BUT...does nothing to disturb the overall nature of the pattern. After the 1x/1x period of decline is over "at the established MAGNET", which in today's terms is the March 23, 2020 lows. Then you'll be treated to a reversal that "should" rally until at least just above the "area of rest"(when the momentum/liquidity fades...it will fail.) before falling away into the actual crash phase that should last...at a minimum...18 months, but up to 30 months(based on historical data) can't be ruled out. At the end of the day the crash phase will bring the balance sheet of this country back into balance. Not a moment before. It is at/below 3750...we leave our current topping pattern. Link to comment Share on other sites More sharing options...
Jorma Posted September 15, 2022 Report Share Posted September 15, 2022 Come to think of it there are no more animals on the hourly charts. Animals don't have straight lines. As I was saying it's geography now. Hills and cliffs. Link to comment Share on other sites More sharing options...
DrStool Posted September 15, 2022 Author Report Share Posted September 15, 2022 The Chase Utley Takeout Slide, aka the CUTS, is coming. It will break the bulls' kneecaps. They will be out for the season. Link to comment Share on other sites More sharing options...
itiswhatitis Posted September 15, 2022 Report Share Posted September 15, 2022 25 minutes ago, BurntOnce said: so much for precious metals as a hedge against armageddon. what does one do with gold when there's no water, anyway. Whiskey? Wine? Link to comment Share on other sites More sharing options...
Jorma Posted September 15, 2022 Report Share Posted September 15, 2022 One of the most powerful forces in the universe is the end of week VIX crush. That was busted last week. Two in a row would be something. Link to comment Share on other sites More sharing options...
PullMyFinger Posted September 15, 2022 Report Share Posted September 15, 2022 Quadruple witching tomorrow. That should lend some stability to this market. 🤡 Link to comment Share on other sites More sharing options...
Jimbo Posted September 15, 2022 Report Share Posted September 15, 2022 THOUHTS ON VARIOUS SUBJECTS Re Gold Gold shares are just a bad long term investment....look at the long term charts.... They also tend to pay lousy dividends which is another dead give away. Re the FED If Jay occupies the Arthur Burns chair of monetary printing at Eccles Print U Who will occupy the Paul Volker Chair of Inflation Control????? The contest will be fierce for this position. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.