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Thursday, October 8, 2020

REAL MARKETS? … SERIOUSLY? … WHERE?

 

“Seriously guys, are there any real honest markets?!”

Another day, and it’s beginning to get really hard figuring out whether the ECB or

the FED has their CNTRL-P machine working harder … today’s “Dinosaur 30”

stock Index, a/k/a Germany’s DAX30, “pumping & dumping” their way to 13,100

… a level the index has been at during July, August, September, & now October

… as Rabobank notes over on ZH, the gap between delusional stock prices &

reality is getting near all time highs … but no worries, the CNTRL-P machine

goes “Brrrrrrrrrrrrrrrr” 24/7/365, pumping out TRILLIONS PER YEAR from the

world’s chief manipulators, so the 0.0001% don’t lose any money in the stock

markets … meanwhile everywhere else, people & businesses are suffering from

government stupidity.


This was the 8th day in a row the “Dinosaur Index” has been at least 30% lower

than its 20 Day Range MA … cuz as we approach the 13K level again, can you hear

the “whoosh” coming out of the balloon? … what a joke.


Today like days before … from the European open it’s straight up, then straight

down, turn-on-a-dime and it’s straight up again on nothing more than “dopium”

… the usual E.U. Apparatchiks out on the wires filling the airwaves with bullshit

… in other words, not a very good trading action day at all.


One algorithm signal trade today … TURNKEY PAMM / MAM UP VERY SLIGHTLY.


The rock gets rolled back up the hill to 13K … nothing says stocks at or near

record highs better than an E.U. depression, economies shut down, people

quarantined, and businesses going bankrupt … good times! … all for the benefit

of a few elitists … good grief, the world has gone insane.


Simply put & being blunt … another day of DAX30 bullshit from the usual

suspects “pumping” this crap straight up and leaving no prisoners … soon

enough it will be “dump” time, whenever order flow shows every last “Chump”

is then positioned long … rinse, repeat, this is how the “Dinosaur Index” trades

… and now that Europe is closed for the day, it’s time for some “scumbaggery”

from the usual thieves on Wall Street, where afternoon hijinxs are becoming

commonplace, and why I avoid this time of day.


Can’t take another minute of this crap & I’m outta here … until tomorrow

… Onward & Upward!!


-vegas





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