24 replies to this topic

[kssmibotm]

My children are so thankful for the college education they are receiving without having to take out student loans - ALL THANKS TO YOU !!! 

 

LMAO. Brilliant!

[NAV]

 

Generally, the rising wedge is considered Bearish. That said (and I credit one of our users with this observation--his name just eludes me at the moment), when this pattern does the opposite of what's expected, you can get a HELL of a move.

 

We've seen it before.

 

Mark

 

 

 

His name was Stickan.

[alexnewbee]

Lol 😁

[OEXCHAOS]

 

 

Generally, the rising wedge is considered Bearish. That said (and I credit one of our users with this observation--his name just eludes me at the moment), when this pattern does the opposite of what's expected, you can get a HELL of a move.

 

We've seen it before.

 

Mark

 

 

 

His name was Stickan.

 

 

Yes! It came to me this morning. Stig is his real name. Great observation that was. How long ago WAS that?

 

M

[da_cheif]

rising wedges are designed to get chart watchers bearish......there have been hundreds of rising wedges over the years .....and what is the result?   here we are

[Chilidawgz]

Meanwhile Bitcoin @9300
And if/when people start to suspect it's not about Bitcoin but about USD..

 

 

It's about the global fiat money system and the fraud of central banks. People are looking ahead and want privacy and an ability to carry on when the system implodes and the banks are "on holiday".

 

They confiscated gold once before and they can do it again. CryptoCurrency so far eludes those "in control".

[OEXCHAOS]

Mark

It's more about TNX breaking above 2.6
That move can destroy this whole house of cards.

 

 

OK, I don't want to be a jerk, but what magical hard and fast relationship makes the TNX above 2.6 any kind of a driver for a collapse of this liquidity driven market?

 

Put more clearly, how is a still negative net of inflation return going to compete away money from the stock market, which may be about to get a valuation surge?

 

I mean almost anything CAN happen, but how does this relationship amount to anything likely, let along cause and effect?

[alexnewbee]

Mark

It's more about TNX breaking above 2.6
That move can destroy this whole house of cards.
 

 
OK, I don't want to be a jerk, but what magical hard and fast relationship makes the TNX above 2.6 any kind of a driver for a collapse of this liquidity driven market?
 
Put more clearly, how is a still negative net of inflation return going to compete away money from the stock market, which may be about to get a valuation surge?
 
I mean almost anything CAN happen, but how does this relationship amount to anything likely, let along cause and effect?

It's not liquidity. It's debt. And this pile of debt has to and can grow only with falling interest rate. Rates start to rise - you cannot refinance (like GE had panicked). And then suddenly you see that half of the corporations are Enron's brothers and sisters.
It's all about debt.

[alexnewbee]

https://twitter.com/...253146464673794

Some figures to illustrate above.

[OEXCHAOS]

There's an awful lot of cash on balance sheets.