“Some days, it’s tough to choose!”
Today is one of those “1% of the time” events, where it’s clear one of the indices
is way off from the others … today sees Boeing, along with Johnson & Johnson
in the DOW30, getting “monkey hammered”, while the other indices are moving
higher … and points out my overall thinking about the indices as a whole, which
is, “don’t trade the DOW30 off the DAX30 or vice versa … they are separate
indices with their own dynamics … and if you try and correlate and trade off
that correlation, you’ll be the one getting “monkey hammered”.
Overnight action was basically a non event, although there was some slight
upward movement in the DAX30 at the European open … other than that, things
have slowed considerably to a crawl … take away Cable cuz of the BREXIT
clusterfark, and you got nothing [please BREXIT, go away] … gold for its part,
has nowhere to go on the upside unless economic disaster strikes, which for
now, doesn’t appear imminent, and the scumbag bullion dealer banks have a lid
on the price at about 1500, and unless the FED goes bananas and cuts rates past
this next meeting at the end of the month, gold is dead for any price appreciation
… “oh, but the “scumbaggery” is still there, I don’t care where you trade”.
This is one terrible day for trading conditions in the stock indices … a brief spurt
from the DAX30, but from about 5:30 AM EST it hasn’t really gone anywhere or
done anything … “a little song, a little dance, a little seltzer down your pants”
kind of movement … yuck … and the DOW30 is even more pitiful … lately,
Mondays have been pure shit as far as trading conditions go, and this one is no
exception.
Now here in Gotham after 1 PM EST, nothing has really moved anywhere and price
moves have been choppy to say the least … yes, there have been algo buy signals,
but with trading action still less than 50% of its 20 Day Range MA, and now Europe
is closed, and now the criminal New York banks are in charge, color me dubious
and skeptical that any moves coming aren’t simply total manipulated bullshit, and
so ignoring these very tiny moves is prudent.
What a crap day to start trading our new PAMM / MAM, but it is what it is and I
can’t change that. And for those tuning in late, it’s Wednesday, October 16, 2019,
blog post that has instructions on how to get out of the Turnkey PAMM / MAM and
get it switched to FX CHOICE, with very little hassle and almost no cost [my
switch took less than a day, and cost me 19 cents … took me less than 5 minutes
to do the actual switch … so yea, it’s easy and painless.] And as a side note, if
you wish simply to join our new PAMM / MAMM, the instructions are the same
minus Turnkey in the equation … anybody has any questions, simply email me.
Not much more to say today, what a bust! ... until tomorrow mi amigos
… Onward & Upward!!
Have a great day everybody!
-vegas
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