DrStool Posted September 4 Report Share Posted September 4 I am currently on a train, about to stop in Frankfurt, which is, as you know, the HQ of the ECB. I bought a carton of eggs so that I can get off the train and throw them at the building. Then I will reboard the train and continue on to my destination. This train originated in Hamburg. So it has gone from Hamburg to Frankfurt in the space of a few hours. There are both Hamburgers and Frankfurters on this train. And not just in the dining car. In fact, they're waiting to unload here. The train pulls into the station and then pulls out in the same direction. This is a metaphor for the markets. Meanwhile, US stocks are attempting to firm up a 5 day cycle low. I'm not sure they'll get very far. I guess I'm just feeling like a chicken. Whatever you decide, enjoy your lunch. And remember! Going Vegan is always an option. Swing Trade Screen Picks – Nothing to Add This Week Gold report coming up. Gold Trader Meanwhile, evidence of a massive short squeeze in the Treasury market due to the incredible mispositioning among dealers and hedge funds. I have covered this issue in Liquidity Trader. They are way too short and the only way out may be to sell stocks. Perhaps this is the beginning of the accident that was always waiting to happen. Liquidity Trader- Money Trends For moron the markets, see: Swing Trade Screen Picks – Nothing to Add This Week September 3, 2024 Withholding Tax Collections Support Sufficient Liquidity Growth September 2, 2024 Another Higher Projection for Stock Prices September 1, 2024 Gold’s Most Important Point August 29, 2024 Liquidity Still Supports the Rally, But with Warnings August 27, 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. Quote Link to comment Share on other sites More sharing options...
DrStool Posted September 4 Author Report Share Posted September 4 Gold a Hold While Miners Blasted Lee Adler 3 - Gold Trader September 4, 2024 The selloff on Tuesday didn’t quite do enough to confirm the forecast of a top here. A drop below 2470 would tend to do so. Non-subscribers click here for access. Subscribers, click here to download the report. Try Lee Adler’s Gold Trader risk free for 90 days! Quote Link to comment Share on other sites More sharing options...
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