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Monday, February 10, 2020

THE “SCUMBAGGERY” NEVER EVER ENDS

“Don’t like your order fill? … you’re a lying dog-faced pony soldier!”

I can only assume, that when the entire world is either sick or dead from
coronavirus, the world economy is in shambles, and depression grips
everything, that the world stock indices lead by the U.S. will be at
recorder-er-er-er new all time highs … apparently, the virus hasn’t been told that
central banker QE solves everything! … and even dumber than that premise, are
the morons in charge of the CNTRL-P machine, where if you look close sea levels
are already dropping on the need for MOAR! Ink … as I’m pretty sure every drug
addict would gladly tell you if given the chance, MOAR! coke, more heroin, or
more meth will solve EVERYTHING!

It must have been a rough weekend for the Wall Street crowd, cuz right out of the
gate this morning, as the sun rises in Gotham and the early birds get to their
computer screens, Bingo!, Bango!, Boom!, we get our first “scumbaggery”
moment higher in the “Tulip Bulb 30”, as who knows what set off the HFT’s
…  buy stops get run, and here’s some aloe for the burn on your rear … no
worries, though, Vlad is handling order fill complaints, so take a ticket and we’ll
be right with you … you … you … you lying dog-faced pony soldier!! [Some days
you just can’t make this shit up.]

“Oh wonders of nature! … see, unlimited money printing does cure the virus!
… thank goodness we got firefighters on the “Plunge Protection Team” [PPT]
who know how to deal with nasty forces of nature … another ramp on the NYSE
open on the “vapors” of liquidity … what a fucking joke this farce of “markets”
has become … fun-durr-mentals”! … this is literally embarrassing, the extent and
scope of their manipulations to keep this shit afloat … “what does it tell you,
when they won’t even allow this garbage to go down more than 2% from all time
recorder-er-er-er highs”? … and I might add, bankrupting the future of the
country at some point with hyper inflation and default … this will not end well at
all.

There simply is no cure for stupidity … the efforts to which traders become
complacent and even the tiniest of dips is bought with both hands like there’s a
fire sale going on, is amazing … buy all the bubbles, what can possibly go
wrong? … this time, the “fire” in stocks starts as the HFT’s pick up a Reuters
headline saying Foxconn has been given permission to restart PARTIAL
production of iphone parts in China … the keyword here is “partial”, but no
matter, cuz I’m sure if you go back to work and do in fact get the coronavirus,
you’ simply disappear into the system and never be seen again … what’s not
to like? … never mind that it only affects 10% of the workforce, that’s simply a
minor detail, and besides, who needs details? … OK then, now that stocks have
been raped once again by a planted headline from one of the usual suspects,
“coincidentally” right at the open of the NYSE [there’s that word “coincidence”
again], what’s left? … but no matter, cuz the central bankers got it all under
control.

Here in the P.M. in Gotham, and didn’t that fizzle out like a wet firecracker? … and
this is what you get after big up moves on vapors bullshit, cuz when it’s over it’s
more than likely a slow slide the other way, frustrating the BTFD’ers to no end
… 2 hours ago you couldn’t get a down tick to save your life; now it’s the exact
reverse … suck all the Chumps in on NDX100 new all time recorder-er-er-er
highs, and then pull the plug … “there is always opportunity, but you have to
know when the probabilities heavily favor you, and then react quickly … all the
while leaving the rest of the shit to others … and that’s what the DOW30 trading
algorithm does”!

One decent algo buy signal today … FX CHOICE PAMM / MAM UP SLIGHTLY
MORE THAN 0.2% … TURNKEY PAMM / MAM UP 0.1%.

Apparently, they fed the gerbils today over at Turnkey, where the DOW30 CFD
was behaving … “you can’t buy rallies in the stock indices and expect to come
out consistently ahead … you have to buy corrections on the turn, right before
the “buy fuel” shows up and makes themselves felt in the marketplace
… everything else is a coin flip”!

What a completely dead afternoon … feels like trading in corn spreads, no offense
to corn … what happened to all that buy enthusiasm whipped up conveniently for
the open? … good grief, what a bucket of slop … outta here early or I go insane
[right, I know … already there … yes, thanks] … until tomorrow mi amigos
… Onward & Upward!! 

Have a great day everybody!

-vegas


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