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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

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To: TobagoJack who wrote (138934)2/5/2018 6:29:49 PM
From: bart13  Read Replies (3) of 217593
 
Methinks we're having fun yet. The BTFD folk have evaporated like ice in a cast iron skillet... in the volcano.

The Fed is enjoying the show but hasn't gotten on board with their savior role yet, daily TOMOs have been below $60M for over a week now, and most Treasuries have dropped as per their apparent wishes and their SecLend actions too. We may see some support around 22,220 Dow tomorrow but I'll believe it when I see it... and will add stops on remaining positions P.R.N. The gimme around -1500 Dow was too good to ignore and I exited just over 1/2 my shorts - good day, especially given that PMs were stable to very mildly up. Shades of 2008...

Patience is a Goodness (TM).
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