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... Geccko23

Somehow I missed that the biotechs were down 2.6% today. And they basically took out the previous day’s hammer candle which really is a negative development.

... Geccko23

1986 NCAA champ Lousville, helmed by 1987 bball icon Rick Pitino was done in by the Kentucky 1 and Doners tonight.

Last night, UCLA led by another 1987 icon, Steve Alford, lost to the #1 seed Florida Gators led by another 1987 icon Billy the Kid Donovan with the Gators playing the noted Pitino brand of basketball, full court pressing and running and gunning. They will face Dayton on Saturday for a 1-11 matchup.

In the other Thursday night game, #1 Arizona upended San Diego state, helmed by the 1989 champion coach of the Michigan Wolverines and later of the famed Fab 5. The latest Michigan team also moved on tonight as a #2 seed and will face the #8 seed 1 and Doners. The other bracket will feature a 4-7 matchup.

Monday 3-31 is the last chance for the 111 to make any sense and it doesn’t appear anything drastic will happen now that the new moon will have passed by then. I’ve been following a fractal from the last time the Russians messed around their neighbors around the time of the Olympics (MMM is also following this fractal) and the Dow and SP seem to be following it and it appears a big down day could be in the offing on Monday. The Nasdaq leading the way then as it is now hugging its down flaring BB is also following the fractal.

Breadth was slightly negative today on the Nasdaq while the NYA had strong breadth but a component of a certain little indicator did not reach positive territory while its Nasdaq version is still deep in negative territory.

... Geccko23

3 former Tulsa head coaches, Nolan Richardson (Arkansas), Tubby Smith (Kentucky), Bill Self (Kansas) have gone on to win National championships as coaches. Danny Manning was hired on April 4, 2012. He was on the coaching staff of 2008 champion Kansas, coached by Self so maybe that’s the Kansas connection there. Kansas did face the then Memphis 1 and Doners coached by current Kentucky coach John Calipari in 2008 while winning the championship in 1988.

The 1987 final four games were played on March 28 and then the 30th.

... Geccko23

UCLA and Tulsa did not face each other in 1987 but they were next to each other in the bracket playing in the same region. UCLA like now was a 4 seed while Tulsa was an 11 seed. Tulsa lost to Oklahoma in the first round while UCLA was upset in the second round.

... Geccko23

Interesting that this Stanford team playing right now is coaced by the 1986 NCAA player of the year whose team lost to 1986 champion Louisville (now coached by Rick Pitino) in the championship game.

Tonight’s big matchup game between Florida and UCLA will see 2 1987 bball icons going at it as the head coaches. UCLA helmed by 1987 player of the year, Steve Alford of the eventual 1987 champion Indiana team vs. Billy “the Kid” Donovan star of the 1987 Rick Pitino-helmed Providence team. And to add an interesting twist to the episode, Providence won its region on the Louisville home court (south region final). Of course, Louisville is the defending national champ and coached by Rick Pitino. Providence and Indiana did not play each other in the tournament. I did notice Tulsa made the tournament in 1987 as it did this year when it played UCLA in the first round (the current incarnation helmed by 1988 NCAA player of the year Danny Manning in a 4-13 matchup…Pi reversed)

Louisville will be playing the Kentucky 1 and Doners on Friday. Kentucky is Pitino’s last college coached team but they have played each other numerous times since Pitino’s return to the college ranks including earlier in the year so I don’t know if there is a ritual hidden in there, nor do I understand the significance of Kentucky, a traditional bball powerhouse.

Then moving onto global affairs, we have the Crimean War ritual to deal with. 160 years ago, Britain and France declared war on Russia on March 28 (some articles include the 27th).

The Nasdaq, Russell 2000, Biotech stocks, retail ETFs XRT and RTH continued their move down the lower BB ladders today without crashing while the SP made an attempt at its lower BB and even saw it flare open to the downside. The Dow saw the most muted action as it didn’t come close to its lower BB. Meanwhile, a certain little indicator continues to meander southward while its Nasdaq version is moving at a more rapid pace and is a little more oversold with it approaching its lows from late last year.

Perusing the trollosphere, it does appear bullishness is rampant. Either trolls are exiting their fictitious bearish positions or they are recommending traders to take profits. Others calling for temporary lows with a short term bounce due and then calling for the decline to continue sometime next week. Others’ signals turning short-term bullish or technicals not reaching bearish levels today. But today’s slightly negative down day was seen in a similar position just before a certain little event a little more than 3 years 10 months ago. (22 days or PI?) A certain little indicator isn’t as oversold/negative (nor it’s component) as it was then (but the Nasdaq qualifies). 203 weeks ago…..or 203×7….

Tomorrow is 1274 tds from 3-6-9.