Jump to content



Photo

Seasonally BEARISH - bounce, then BEAR FEAST.


  • Please log in to reply
320 replies to this topic

#321 K Wave

K Wave

    Member

  • Traders-Talk User
  • 26,864 posts

Posted 22 September 2023 - 10:29 PM

ORLY just needs to get a foot hold under 920 now after this very long battle for 940 area...

 

Once it does, then this chart that "looks nothing at all like 1929" rolleyes.gif (ok, it's worse) can start the trip down the mountain...

 

 

Hourly

 

 

Here was the aftermath in 1929, and am sure ORLY and AZO's massive debt refis needed over next few years at drastically higher interest rates will be no problem at all, eh?

 

 

Now that they have sucked out all the stockholder equity and a lot more, time to let the house of cards collapse?? Funnymentals do eventually matter at the very end of the day...

 

 

Orly

 

orly.png

 

 

Azo

 

azo.png

 

 

 


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