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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (69376)	9/16/2022 7:05:24 AM
From: Lee Lichterman III	3 Recommendations Recommended By ajtj99 ItstheJourney pak73 Read Replies (1) \| Respond to of 97932

Well the FedX warning has blown the planned map out of the water. As I had said, there's a lot of puts at 3900 and below expiring today so I was expecting us to stay in the trading band we were stuck in the last few days between the 3900 put floor and the 4000 level where there were a bunch of calls leftover from the bounce. Then I thought they'd pull the rug out next week. As I type this, they have ramped futures 10 points from the low as they try to hold it closer to 3900 and away from the lower puts. The danger is if they can't hold it and they start delta hedging making the drop worse. I wish I had a PhD in economics so people would take me seriously. I've been thinking and have a idea about where we are heading in the big picture over the next few decades. I think we are going to have a major shift in the way lives are lived, business is conducted that is going to turn traditional economics on its head. Automation, specialization in skill sets, erosion of education, government overreach, is going to put us into a matrix for the general population. Anyway, ALL the real yields 5, 7, 10, 30 etc are now over 1%. Par yield curves are still inverted and more so the last few days. Some of the short term yields are starting to invert too. From just memory, I think it was the 2/3 month inverted yesterday. 2 year yields are now the highest since 2007. MSFT is likely to drop below it's June low this morning. The crud stocks are still bouncing every chance they get so I don't think we're anywhere near the final lows yet. We still have sheep to sheer.