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FEAR of CONTAGION: Banking & Crypto possible intervention


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#111 jacek

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Posted 15 March 2023 - 06:34 AM

FT: 

Live news: Apple supplier Foxconn predicts decline in demand after 10% drop in profit

#112 K Wave

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Posted 15 March 2023 - 06:55 AM

I see Credit Suisse is FINALLY mattering...was wondering how long that would take..

 

12K is the big number on Naz...if bulls lose it here today, could be big problems...

 

Meanwhile Dow continues to look absolutely terrible


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#113 K Wave

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Posted 15 March 2023 - 07:00 AM

Dr Copper...Timber!!

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#114 K Wave

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Posted 15 March 2023 - 07:13 AM

Apple trading right at the cliff edge pre-market....

 

BRK as well right at 300...

 

Bull goalie gonna need very bit of stick save ability he has today....


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#115 K Wave

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Posted 15 March 2023 - 07:20 AM

Since Dow went up first, that now changes the dynamics of things a bit, a now makes it more likely Dow will blow straight through the daily 900 around 31K

 

see how today goes....Naz has to break 12K before things start to actually get bad.


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#116 K Wave

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Posted 15 March 2023 - 07:23 AM

Industrial metals getting destroyed...Silver getting the "panic pop", but I would be careful with that one, as it may falter later on as well.


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#117 K Wave

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Posted 15 March 2023 - 07:26 AM

Told the few Brits I know to dump everything at FTSE 8K, as it looked way too much like the 1966 to 1973 period in the US.

 

So far, so good.

 


Edited by K Wave, 15 March 2023 - 07:29 AM.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#118 K Wave

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Posted 15 March 2023 - 07:33 AM

Now we see about 12K on Naz today, and if the 1930 analog continues to play out or not..

 

This is a Humongous decision point here...because if bears DO NOT break it down over next few days, then their time window for the break may close.

 

Essentially it boils down to Apple blowing out $150 today and never looking back.

 

Apple back above 153 would cast serious doubt on any breakdown happening now.


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#119 dTraderB

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Posted 15 March 2023 - 07:34 AM

Well, latest data a few minutes ago seals the deal: NO RATE HIKE NEXT WEEK.
BUT, IS THIS BULLISH IN CURRENT BANKING CRISIS?

#120 K Wave

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Posted 15 March 2023 - 07:36 AM

Crude printing sixes


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy