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Monday, September 9, 2019

WTF IS THIS?

“Yea? … and I ordered an active market!”

“...the hell is this”? … seriously, Monday’s after NFP Friday’s just plain suck
… no PIE HOLES lips are moving, no economic reports, no nada … and that
leaves markets to themselves, which as we all know means they can’t function
without an Apparatchik going “blah blah, yada yada” or a Trump tweet, or even
some propaganda from the ChiComs on the bogus “China trade deal” … without
any of that, how can markets function?

Quiet moves overnight, and that means trading shifts to the scumbags in New
York … and that will mean either reversals in markets or the infamous “Flying
Wedge of Death” [FWD], cuz all New York ever does is fuck things up globally,
thank you New York scumbag banks.

An almost unreal small trading range in the stock indices, as the FED kills VIX
going into the FED meeting on September 18 … each day that goes by will get
worse into the meeting announcement … then all hell breaks loose. Gold for its
part pretty tame today as well, although we did get a break of the 1500 level earlier … so far that’s the low, and it was fairly orderly even with a few spec sell
stops sprinkled in that banks gobbled up to cover short positions.

One algorithm buy signal today … PAMM UP a few bucks shy of 0.1%.

The low today saw decent trading conditions, and the scalper’s algorithm took
advantage … thought we would get more opportunities cuz it came early, but
since the low, things have quieted considerably, and this was a quiet day to
begin with anyway … nothing we can do about it of course, but since Thursday
VIX across the board has been stuffed into an oil drum and buried in the ground
… daily ranges down dramatically, and I’m wondering if we stay like this into the
FED meeting?

Afternoon in New York, and trading conditions suck … this is just pathetic … I’m
outta her ‘till tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!  

-vegas


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