DrStool Posted May 17, 2023 Report Share Posted May 17, 2023 The question is whether we'll hit it today. They've past the Dick Trickle Memorial Point. We have indeed entered the Twilight Zone, the area both infinite and pointless between fear and knowledge, and Where can we go from here but nowhere and everywhere. The Twilight Zone May 15, 2023 The new Dick Trickle Memorial points are 4118 at 6 PM today, and 4124 at midnight tomorrow. It's pointless to try and trade this shit. Even if they break these triangles one way or the other, there's no reason to think that they'll get very far. FAMILY OUTING TIME! For moron the markets, see: The Most Widely Forecast Economic Disaster In History May 16, 2023 The Twilight Zone May 15, 2023 Swing Trade Chart Picks – Buy Side Wins This Week May 8, 2023 There’s One Key this Week to the Stock Market Outlook May 7, 2023 Gold Is on the Brink May 5, 2023 Weak Real Time Withholding Taxes Set Up a Showdown May 4, 2023 The Big One is Coming May 3, 2023 Gold’s Lost Luster Will Shine Again April 25, 2023 Enjoy the Market Mirage Now Because We’re Really In a Desert April 24, 2023 The Fed’s Circle Jerk, is ‘Twerking? April 18, 2023 If you're serious about the underlying forces of supply and demand that drive the markets, join me! Link to comment Share on other sites More sharing options...
DrStool Posted May 17, 2023 Author Report Share Posted May 17, 2023 I was updating the chart picks and after running all the screens realized that I had accidentally turned off the buy and sell filter. Do over. Out of time. Oh well, there's always Tamara. Meanwhile, 4127 would be a breakout that could trigger a massive move. At least 4133. Maybe 4134. Link to comment Share on other sites More sharing options...
Jorma Posted May 17, 2023 Report Share Posted May 17, 2023 I think they are eyeing up a single digit VIX. Link to comment Share on other sites More sharing options...
WTF Posted May 17, 2023 Report Share Posted May 17, 2023 57 minutes ago, Jorma said: I think they are eyeing up a single digit VIX. Why stop there, a negative VIX... now you got something... Link to comment Share on other sites More sharing options...
SiP Posted May 17, 2023 Report Share Posted May 17, 2023 AtlantaFed GDPNow 2.9% for 2Q, stocks at 52w highs. If it's still a recession or a bear market, it's a very strange one. Link to comment Share on other sites More sharing options...
DrStool Posted May 17, 2023 Author Report Share Posted May 17, 2023 Was there some news? Link to comment Share on other sites More sharing options...
DrStool Posted May 17, 2023 Author Report Share Posted May 17, 2023 The Most Widely Forecast Economic Disaster In History Link to comment Share on other sites More sharing options...
fxfox Posted May 17, 2023 Report Share Posted May 17, 2023 4 minutes ago, DrStool said: The Most Widely Forecast Economic Disaster In History There will be some kind of technical default, but after all the ceiling will be lifted. Then the Treasury will borrow like mad, stocks will fall and then the FED will force the money out of the RRP „slush fund“… Link to comment Share on other sites More sharing options...
DrStool Posted May 17, 2023 Author Report Share Posted May 17, 2023 Agree. Link to comment Share on other sites More sharing options...
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