“Read the business plan over in “Download Links”, or the dog gets it!”
For the last few months, I’ve teamed up with a reader/client like many of you
reading this … we’ve formed a company called “Red Glass Capital, LLC”
[RGC], and we are now actively raising equity capital from various venture
capital sources. Over in “Download Links” are 2 new files; 1) RGC Business
Plan Executive Summary [5 pages in PDF], and 2) RGC Business Plan
[24 pages in PDF]. I’m making our business plan public to my readers /
clients, through my blog site, because it isn’t available publicly anywhere else.
the “dark”, and more importantly 2) I want to allow those people who are
interested in our business the opportunity to join us, if they so desire. Now, this
isn’t some attempt at selling unregistered securities, so you attorney types out
there can unwind your “big girl panties” and take a deep breath. First of all,
we’re an “LLC” [Limited Liability Company], NOT a C Corporation with
stock & shareholders, Board of Directors, Officers, etc. We’re a partnership,
where we are the general partners, and no matter who comes on board and
funds our venture, they are limited partners. As such, we don’t need
anybody’s permission to have one limited partner or 5 million limited
partners.
I’d like to point out, though, that the business plan is our “blueprint” for
success as a company. We’re most definitely NOT a “one trick pony”
company, as you’ll soon discover when reading the business plan. If you
choose to read it [remember, the dog dies if you don’t … just sayin’], it is
important to keep in mind some very important concepts; 1) the “synergies”
across businesses, and how they each drive web traffic to each other, 2) the
importance of our proprietary mobile phone app in reaching the entire world,
3) the structure of our company and how we intend to MAXIMIZE partner
profitability, and 4) the very small costs in order to achieve our goals. “Hey,
we talking about reaching 3+ billion people here”!
All of our business priorities you’ll be somewhat familiar with, but the
“financial services side” of the company, many will be most familiar with cuz
you read my blog. In any event, after you read it, if you’re interested and
have questions / comments, simply send me an email and I’ll respond ASAP
with a personal message back. If you’re not interested, that’s fine too … at
least you can’t email me someday and say “if only I knew”, and somehow I’m
the asshole cuz I never said anything about it … like I said, we’re not
attempting to “sell” anything … this is “informational” in scope, and people
can decide what they do with information.
Oh right, “Everything Is F-ing Awesome, Baby”!!, when it comes to the
economy according to Pie Hole Spicoli yesterday afternoon … a group of
random retarded kittens could do a better job than the asshats at the FED
… but, if your objective is to screw the middle class of ‘Murica, while
enriching the 0.001% financial elite, then they’re doing great!
Meanwhile, over in gold land, the sell side manipulators did it again to the
specs, as they roll the rock up the hill, suck in some new longs via MT4
indicators, and then drop it like “Thelma & Louise” in short order … rinse,
repeat endlessly over time, this time being iteration #4.876,903 and counting
… “if you got the money, they’re willing & able to take it away quickly”.
from yesterday? … we’re already 40 higher as the sun rises in New York, so is
this the proverbial “dead cat bounce” before we head lower again, or do
buyers step in and bid it back up? … remember, stock indices are “80/10/10”
markets, so sell at your financial risk … just sayin’.
On the negative side, though, yesterday saw the worst day for the NDX100
since 3/22 … so what does it do when it opens the new day? … of course, it
rallies and has yet to move lower … makes perfect sense, not quite … we’ll see
what happens.
It’s afternoon in New York, and the entire day has been another excursion into
either the “Flying Wedge of Death” [FWD] or a massive reversal … up until
recently [as early as 2015], we didn’t see these very often, maybe a handful of
times per year … now, we see them all the frickin’ time, which again is the
result of market manipulation … today sees the “setup” in the NDX100 all
wrong … what we needed to see is the market lower from 7721 as the sun rises
in New York, and we’re still a few hours from the open … instead, it’s put the
blinders on and buy MOAR! … I will note, that for the last 8 days, including
today, the NDX100 has been in a sideways wedge bounded by 7705 - 7865, and
today sees that lower boundary get taken out on … wait for it … China trade
talk news … we got over 3 hours to go to the close, and we’ve erratically
bounced about 40 points off the low for a retracement high, but looking at
the bigger picture, this market has been up 18 out of 19 weeks since
Christmas, and needs to see some retracement activity … the timing today is
all wrong for buying, messed up from the “get go”, and if selling shows up
this afternoon after 2 PM EST, it’s got the potential to get ugly. Not a day I
want to be “out on a limb” buying while the entire universe is selling and
taking massive profits from the Christmas run up … in short, we need to see
a lower market in the early AM [7 - 9 AM EST], and then we can get a good
rally. This day ain’t it.
So far, since the low after the China news, it’s been a haphazard “3 steps up,
2 back” kind of rally, and then … BOOM!, lower in seconds … and all we’ve
really seen is the “loser formation” … bomb it off the high of the day, and then
after the low … sideways … if you got caught in it, there’s no way to make the
money back … NO WAY … and that, quite frankly is prevalent in many
markets today.
NDX100, simply cuz there’s no time if you’re wrong to recover anything.
Today isn’t gonna be any different. Here at 1:30 PM EST, the daily
candlestick is a “doji” … translation: confusion all around … quite frankly,
it’s been a mess all week; first Google [down], then Apple [up], then the Twits
at the FED [first up, then down], and now today [first up, then down] with
the China trade talk news … all in all, it’s a big fat recipe for losses, and the
market is right where it was 8 days ago.
So far today, no buy signals from our proprietary NDX100 algorithm, so no
trades today. Tomorrow sees NFP Friday … oh joy, oh fun, … literally the
worst trading day of the month to get “jerked around” from the scumbag
LP’s. It’s 2 PM EST, and I’m outta here … until tomorrow mi amigos
… Onward & Upward!!
Have a great day everybody!
-vegas
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