ABOUT TIME

 

“I think I bought the top!”

Just when I thought we were never going lower … you know, like eavahhhh 

again … along comes that stupid jobs report nd ruins everything … now, we 

can all simply wait for Spicoli to speak and tell us “Everything Is F-ing 

Awesome Baby!”, and why would we possibly even think about stopping rate 

hikes? … “well, I dunno, maybe  worldwide depression caused by you idiots”?

In any event, the correction is long overdue, and those long above 1280 these 

last days and week, getting flushed down the toilet unceremoniously … I mean, 

could we stop a sec and breath a little here? [Hint: no.] To make matters worse, 

SP500 shorts get their Cashews squeezed, thus making the decline correlate, 

which is not what gold longs want to see.

Well, at least we got a range today from the NFP report … albeit it still sucks 

in the scheme of things, but a $13 dollar move down in New York seems like 

$30 given what we’ve seen over these last extremely slow weeks. Next up on 

the clusterfark agenda is Spicoli … “how will doved-up markets react if he 

disappoints”? [And admit it, you know he’s gonna put his foot in his mouth 

and then try and backtrack.]

“Seriously, can we get a trading day that isn’t dominated by some government 

asshole and/or Apparatchik blowing smoke up his ass”? I’m beginning to 

wonder.

And with the range, we see some trades … two algo buy signals, one profitable 

the other one not … in the end a wash, the PAMM “unch-ed”… “but what 

really frosts my cupcake are the “slippage candy” fills from Turnkey … simply 

fucking terrible, as I suffered over 50 cents slippage on both buys on the way in, 

while my order was queued for about 1 second before I’m filled, so that the 

asshole scumbag LP could first make sure he ripped it to pieces … better fills 

liquidating, but still not very good … they raise the spread and still screw you 

… I’d bitch, but nobody there listens to anything, and the scumbag LP’s don’t 

give a shit”.

Let’s hope the range’s going forward stay somewhat expanded. And now that 

the “Three Stooges” are in Atlanta waxing eloquent about FED policy, I simply 

can’t take another minute of market bullshit, panic driven up/down, and gold 

not having a clue. I need some fruit juice or somethin’.

I’m outta here … until Sunday night with the update mi amigos 

… Onward & Upward!!

Have a great weekend everybody!

-vegas

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