Jimi Posted March 10, 2023 Report Share Posted March 10, 2023 Talked to a buddy - his company and his wife's company banked at SVB. Questions arising of how 3/15 payroll will be met. Twitter reporting issues of direct deposits at Wells Fargo not showing up: I can imagine that there are payments that were scheduled out of SVB that aren't being fulfilled. I figure also the Feds will clean all this up by Monday, because otherwise you are going to see knock-on effects. Link to comment Share on other sites More sharing options...
fxfox Posted March 10, 2023 Report Share Posted March 10, 2023 1 minute ago, Jimi said: Talked to a buddy - his company and his wife's company banked at SVB. Questions arising of how 3/15 payroll will be met. Twitter reporting issues of direct deposits at Wells Fargo not showing up: I can imagine that there are payments that were scheduled out of SVB that aren't being fulfilled. I figure also the Feds will clean all this up by Monday, because otherwise you are going to see knock-on effects. They have to. Otherwise bank run espacially on regional banks. Link to comment Share on other sites More sharing options...
fxfox Posted March 10, 2023 Report Share Posted March 10, 2023 6 minutes ago, WTF said: Wonder what mom & pop with "real" money are doing today? Could they be calling their money managers and telling them to get them the hell out of the equity markets and into treasuries? Oh never mind, that would never happen.... to the moon Alice!!! J6P sells at the bottom, not in the middle of nowhere. Link to comment Share on other sites More sharing options...
WTF Posted March 10, 2023 Report Share Posted March 10, 2023 Selling begets selling, this is only the start... Link to comment Share on other sites More sharing options...
DrStool Posted March 10, 2023 Author Report Share Posted March 10, 2023 7 hours ago, DrStool said: On the other hand, crashes start from apparently Dover Sole lows. If this sport level gives way, an 80 point drop could happen in a heartbeat. Link to comment Share on other sites More sharing options...
DrStool Posted March 10, 2023 Author Report Share Posted March 10, 2023 1 hour ago, Jimi said: By the way, Happy Anniversary to the dot-com bubble top, for all who celebrate. L'shana tova. Link to comment Share on other sites More sharing options...
DrStool Posted March 10, 2023 Author Report Share Posted March 10, 2023 Your tax dollars at work. Link to comment Share on other sites More sharing options...
DrStool Posted March 10, 2023 Author Report Share Posted March 10, 2023 5 day cycle projection drops to 3835-40. Multiple sport lines in that area also. Link to comment Share on other sites More sharing options...
potatohead Posted March 10, 2023 Report Share Posted March 10, 2023 RRP to the rescue. Link to comment Share on other sites More sharing options...
DrStool Posted March 10, 2023 Author Report Share Posted March 10, 2023 8 hours ago, DrStool said: It can't last, but the measured move implication of the breakdown is in the 3.60-.65 range. Link to comment Share on other sites More sharing options...
DrStool Posted March 10, 2023 Author Report Share Posted March 10, 2023 9 minutes ago, potatohead said: RRP to the rescue. Hmmmm.... Still about where they were at the beginning of the week. Yesterday spiked because of the $51 billion T-bill paydown. Link to comment Share on other sites More sharing options...
DrStool Posted March 10, 2023 Author Report Share Posted March 10, 2023 Haven't looked at my swing trade picks this week. Afraid to. Link to comment Share on other sites More sharing options...
WTF Posted March 10, 2023 Report Share Posted March 10, 2023 Well, that was fun... let's do it again on Monday. Link to comment Share on other sites More sharing options...
DrStool Posted March 10, 2023 Author Report Share Posted March 10, 2023 It ain't over till it's over. And it ain't over yet. From nice Nice, France, where the temperature was 70 degrees today and the sun shone brightly all day. I bid you, Bonne nuit et bonne chance! Link to comment Share on other sites More sharing options...
potatohead Posted March 10, 2023 Report Share Posted March 10, 2023 8 minutes ago, DrStool said: It ain't over till it's over. And it ain't over yet. From nice Nice, France, where the temperature was 70 degrees today and the sun shone brightly all day. I bid you, Bonne nuit et bonne chance! Link to comment Share on other sites More sharing options...
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