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CRITICAL MARKET SUPPORT HOLDS or ES plunges below 4100?


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#241 K Wave

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Posted 26 October 2023 - 10:43 AM

Still watching Fastenal at this very important area....

 

If it does not hold, likely time to stick a fork in the economy....

 

 

 


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

 

 


#242 K Wave

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Posted 26 October 2023 - 10:45 AM

Softy sub 330 prints...if gets below about 328 now, likely Sayonara to the 40 year run....


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

 

 


#243 K Wave

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Posted 26 October 2023 - 10:49 AM

Japanese 2 year FINALLY coming off the launch Pad....gonna get wild there over next few years....

 

Once faith is lost in the JGBs, gonna be crazy, after the biggest ponzi ever pulled on mankind....

 


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

 

 


#244 12SPX

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Posted 26 October 2023 - 10:50 AM

Curious what is Fastenal anyhow lol!! 



#245 K Wave

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Posted 26 October 2023 - 10:51 AM

Once the 1 year and shorter get back above Zero...LOB for JPY bonds....

 


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

 

 


#246 K Wave

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Posted 26 October 2023 - 10:52 AM

Curious what is Fastenal anyhow lol!! 

 

Huge industrial parts distributor


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

 

 


#247 K Wave

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Posted 26 October 2023 - 10:54 AM

And its counter part Grainger also not looking so hot as the bubble run expires...

 

Come on, such a steal at 700

 

 

 


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

 

 


#248 K Wave

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Posted 26 October 2023 - 10:56 AM

Louis already gave the signal a while back...bubble is done...

 


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

 

 


#249 K Wave

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Posted 26 October 2023 - 10:57 AM

another of the last holdouts just got added to SP 500...

 

So watch that hourly for the hangover to begin

 


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

 

 


#250 K Wave

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Posted 26 October 2023 - 10:58 AM

Oil still thinkin' hard about that 1 min 900....

 


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