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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: bull_dozer who wrote (72762)10/21/2022 10:49:02 PM
From: edward miller1 Recommendation

Recommended By
towerdog

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In today's Daily Chart Report email, which I get, the following Heisenberg tweet got me thinking about if we are really on the edge. If so, then the powers that be will do/manufacture something dramatic.

twitter.com

"Either TLT massively goes up, or SPY massively goes down."

He is expecting a massive bounce in TLT - more or less right now.

OK, fine. That's his view, and he's smarter and more connected, but I try to think about what could make sense. My feeble brain connects this with this Michael Gayed tweet, plus Alf's macro take (more down ahead) to postulate that we might get a massive TLT rally when the Fed announces the next 0.75 increase, or maybe the next day. Stocks rally in response but not too far before the recession hits, and down we go.

Since it's the weekend I thought I'd throw that out. I'm sure you guys are way ahead of me, but that's my thought this evening.
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