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This Was Told Last Friday


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#1 redfoliage2

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Posted 23 March 2020 - 07:42 AM

https://www.traders-...inds-of-change/



#2 redfoliage2

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Posted 23 March 2020 - 07:52 AM

Now It's about the time for changes of wind with the Big Boy came in with "Infinite amount of cash": 

 

https://www.zerohedg...-electronically

 

He is absolutely right, it's just "electronic", same as the market numbers.  The adage "don't fight the Fed" still not outdated, unless you got a deeper pocket than the Fed ...................................


Edited by redfoliage2, 23 March 2020 - 08:01 AM.


#3 LMF

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Posted 23 March 2020 - 08:03 AM

Infinite is close enough to reality. They did 356 billion on the balance sheet in one week.....as of last thursday.

I use a 15 minute sell on the VIX chart and that finally went off at the 1015am stick on friday. The 40/200 MA cross......it was being telegraphed Friday, and if it was different it should have been new lows by the close.....but that didnt happen. Atleast on QQQ. So it goes on......absolutely never in a straight line.

The running 4week change on the balance sheet is a good thing to watch......right now at 496 billion. It was actually below 25 billion from Jan22 thru Feb26.

Edited by LMF, 23 March 2020 - 08:07 AM.


#4 brucekeller

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Posted 23 March 2020 - 08:13 AM

They don't get to fully use that infinite money until Thursday when liquidity restrictions are lifted from primary dealers. 



#5 gm_general

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Posted 23 March 2020 - 08:14 AM

https://www.youtube....h?v=XedDyR0opow



#6 Dex

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Posted 23 March 2020 - 08:24 AM

https://www.traders-...inds-of-change/

Futures look like bounce from Friday decline.

Edited by Dex, 23 March 2020 - 08:25 AM.

"The secret of life is honesty and fair dealing. If you can fake that, you've got it made. "
17_16


#7 gm_general

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Posted 23 March 2020 - 08:35 AM

How do you instantly go from +52 futures to -39 on SPX at open? 



#8 blackcloud

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Posted 23 March 2020 - 08:40 AM

How do you instantly go from +52 futures to -39 on SPX at open? 

It's worse than that, it hit a high of 2384



#9 gm_general

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Posted 23 March 2020 - 08:44 AM

Leave shorting just close all computerized trading, that would go a long way to normalizing things. 



#10 redfoliage2

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Posted 23 March 2020 - 09:01 AM

China had the virus contained and soon Italy will.  Here is the US, it's already contained by looking at the number of the deaths ...........