DrStool Posted February 9, 2023 Author Report Share Posted February 9, 2023 Some people don't like my descriptions of the market. Link to comment Share on other sites More sharing options...
The CoinGuy Posted February 9, 2023 Report Share Posted February 9, 2023 HUI: We're coming into the KEY at 235(225 as well). My current thinking is 180 won't hold, but I'd like to see truncation in the decline....possibly 150 stopping the momentum to the downside. Then a sharp rally and I mean...sharp. THAT is the more bullish of the two scenarios I'm viewing in my charts. GLD: For now...light support every five steps. If my thoughts change...I'll speak up. TCG Link to comment Share on other sites More sharing options...
SiP Posted February 9, 2023 Report Share Posted February 9, 2023 die you pig NQ Link to comment Share on other sites More sharing options...
SiP Posted February 9, 2023 Report Share Posted February 9, 2023 Big Short in Stocks Is Almost Over After $300 Billion Unwind https://ca.finance.yahoo.com/news/big-short-stocks-almost-over-212552029.html Link to comment Share on other sites More sharing options...
SiP Posted February 9, 2023 Report Share Posted February 9, 2023 Bond Investors Are Shrugging Off Surge in Bets on Hawkish Fed https://ca.finance.yahoo.com/news/bond-investors-shrugging-off-surge-024734198.html Link to comment Share on other sites More sharing options...
SiP Posted February 9, 2023 Report Share Posted February 9, 2023 Corporate Bonds Are Looking Pricey Previously bullish anal cysts are changing tack after a sharp rally left few assets looking like good value, while central banks are continuing with their hawkish message on interest rates and inflation as economies remain more resilient than expected. https://ca.finance.yahoo.com/news/corporate-bonds-looking-pricey-105935265.html Link to comment Share on other sites More sharing options...
The CoinGuy Posted February 9, 2023 Report Share Posted February 9, 2023 SiP.... Interesting price action in your NQ chart. Don't recall seeing anything quite like it... I believe Doc used the term 'weird'. I concur... TCG Link to comment Share on other sites More sharing options...
SiP Posted February 9, 2023 Report Share Posted February 9, 2023 Mass Layoffs or Hiring Boom? What’s Actually Happening in the Jobs Market Restaurants, hotels and hospitals are finally staffing up, more than making up for losses in tech and other sectors https://www.wsj.com/articles/jobs-hiring-boom-layoffs-employment-11675947399?mod=latest_headlines Link to comment Share on other sites More sharing options...
fxfox Posted February 9, 2023 Report Share Posted February 9, 2023 Monster inverted SHS in hourly Bittercoin aka Buttcoin Link to comment Share on other sites More sharing options...
WTF Posted February 9, 2023 Report Share Posted February 9, 2023 18 minutes ago, The CoinGuy said: HUI: We're coming into the KEY at 235(225 as well). My current thinking is 180 won't hold, but I'd like to see truncation in the decline....possibly 150 stopping the momentum to the downside. Then a sharp rally and I mean...sharp. THAT is the more bullish of the two scenarios I'm viewing in my charts. If my thoughts change...I'll speak up. TCG I rode the gold train up from 2000 to 2011 and unfortunately down the other side of the mountain. I actually still have an account with some junior miners that I refuse to sell just for spite. I guess the saying is true that you pay for your education, hope I actually learned something. I guess, I am still a gold bug at heart and could go into a rant about why gold should be $5,000 - $10,000 an ounce, but this is business. One day the gold bugs will have their day, but unfortunately (or maybe fortunately, because things would have gone terribly wrong with the current financial system) today is not that day. I didn't like doing it but took a 3x inverse gold miners position using GDXD last week. From personal experience I know that the speed of the downturns in gold can be head spinning, years' worth of gains gone in a handful of months. Looking forward to a day when I can again have a long position in some silver stocks. Link to comment Share on other sites More sharing options...
SiP Posted February 9, 2023 Report Share Posted February 9, 2023 Tesla and Nvidia keep rising. Nvidia made like 100% rise since last low. Link to comment Share on other sites More sharing options...
SiP Posted February 9, 2023 Report Share Posted February 9, 2023 I was a gold bug like maybe between 2008-2012 or something, then i stop reading zeroCredo and listening and reading about end of dollar etc. Waste of time. Link to comment Share on other sites More sharing options...
SiP Posted February 9, 2023 Report Share Posted February 9, 2023 bitcoin flop Link to comment Share on other sites More sharing options...
SiP Posted February 9, 2023 Report Share Posted February 9, 2023 silver tanking also Link to comment Share on other sites More sharing options...
SiP Posted February 9, 2023 Report Share Posted February 9, 2023 12.300-12.400 is a pivot on NQ, or should be Link to comment Share on other sites More sharing options...
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