DrStool Posted June 12 Report Posted June 12 The market relentlessly pounds away at etching new highs in the stone overhead. Meanwhile the FOMCircus has come to town. We await ringmaster's Jay's Wall Street media freak show main event at 2:30 PM. What a bunch of clowns and ass kissing turds. It's just so tiresome. But trade it we do, and trade it we must. We are addicts. If they punch the ES through this little resistance zone 5385-90, which also happens to be the 2-3 day cycle projection, then we're looking at a 5 day cycle projection of 5425. Drums keep pounding rhythm to the brain. Today is Iternational Felafel Day. For me, it was yesterday. I didn't get enough sleep the night before my day of travel and I felafel because of that. But today I feel better. For moron the markets, see: Swing Trade Screen Picks – Had the Plot, But Not the Right Actors June 10, 2024 The Top Must Wait June 9, 2024 Something Ugly Could This Way Come for Gold June 7, 2024 May Tax Collections Were Super Bullish June 6, 2024 After Growth in the Spring Comes the Harvest June 4, 2024 June Swoon Called Off May 29, 2024 The Fed Doesn’t Matter Any More May 1, 2024 If you are a new visitor to the Stool, 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 folder.
DrStool Posted June 12 Author Report Posted June 12 Money money money money. US Department of the Treasury Temporary QE. Net Cash Pay Down in Millions of Dollars, by Date Date Security Type Total Offering Total Publicly Held Maturing Net New Cash or (Pay Down) 06/18/2024 Bills $200,000 $214,948 $(14,948) But meanwhile, in the screens from yesterday's closing prices I had 129 stocks in good sell structures and just 25 buys. 2 of the buys triggered, and 23 of the sells. That's a huge number of triggered signals. Doesn't mean they're right. But I better adjust my port, and fast. Swing Trade Screen Picks – Had the Plot, But Not the Right Actors June 10, 2024 The Top Must Wait June 9, 2024
Dr.Correll Posted June 12 Report Posted June 12 You will certainly get 1 thing right today. addict Through all the pain and euphoria, I can never put down the needle. who am I fooling, like an addict I dont want to
DrStool Posted June 12 Author Report Posted June 12 4 minutes ago, Dr.Correll said: You will certainly get 1 thing right today. addict Through all the pain and euphoria, I can never put down the needle. who am I fooling, like an addict I dont want to You started out as a chile.
Dr.Correll Posted June 12 Report Posted June 12 19 minutes ago, DrStool said: You started out as a chile. You run a hell of a show Doc, appreciate all the dedication and hardwork!
DrStool Posted June 12 Author Report Posted June 12 You were just starting a high school job taking old ladies' bags to their trunks at publix. 😁😁😁
DrStool Posted June 12 Author Report Posted June 12 All because CPI missed by a tenth of a percent. Fucked up bullshit excuse. It's the money, honey.
DrStool Posted June 12 Author Report Posted June 12 A voice in my head is telling me to click the sell everything button. I never know whether to believe the voices in my head.
DrStool Posted June 12 Author Report Posted June 12 Sometimes when I follow them, it's wrong and then they laugh at me uproariously. It's very disconcerting.
Jorma Posted June 12 Report Posted June 12 It's just going to keep on going up until the shooting starts.
Takachi-1 Posted June 12 Report Posted June 12 3 hours ago, DrStool said: A voice in my head is telling me to click the sell everything button. I never know whether to believe the voices in my head. Personally, I have learned to listen to that committee!
MisFit Kid Posted June 12 Report Posted June 12 2 hours ago, Jorma said: It's just going to keep on going up until the shooting starts. Who is the "Them" going to do the shooting? Who are the "they" shooting at? What would "Vulcan" logic dictate? >: did the mention of Vulcan Logic mandate drop the market for a few minutes? 🙂🖖
DrStool Posted June 12 Author Report Posted June 12 5 day cycle projection still around 5475. But that reversal was right on time for a 5 day cycle high. I dunno.
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