Welcome to “Clusterfark” week … if it’s not BREXIT, it’s the scam known as the
CHICOM WUHAN KUNG FU FLU … today sees the celebration formerly known as
“Columbus Day”, but of course Libtards ruin whatever they touch, so now it’s not
PC or “woke” to even mention his name … in any event, banks are closed in the
U.S., and the government bond market [a/k/a “Ponzi Paper”] is closed as well
… MOAR! “Stimulus” optimism for rallying “Stock Bellies”, but this excuse is
getting more than a little old.
The DAX30 today a disaster for trading action … skimpy range again today, where
unless something happens pretty “Hoover Dam” soon, it will be the 10th day in a
row where the day’s range is 30%+ LOWER than its 20 Day Range MA … most
unusual, and can you hear volumes & liquidity crashing into the wall? … an
absolute joke … thanks ECB!
Over in “The Widow Maker” [GBPUSD] , a very quiet day so far, waiting for the
BREXIT nuclear weapon to go off at any given second … another “shitshow
circus” where you’d have to be nuts to trade in this market and risk account
destruction at any second … meanwhile EURUSD is D.E.A.D. and showing no
signs of trading life at all … another clusterfark of ECB doing ...again, nice job
Apparatchiks!
Here a little before Noon EST, a paltry 114 index point range in the DAX30, over
100+ index points LOWER than its 20 Day Range MA … nothing here but trouble,
while algorithm parameters lie on top of each other and most likely are either
laughing or crying … just nothing to do but wait … even if they do somehow
manage to make another new high today, and thus trap the shorts buy stops,
where’s this crap going? … it’s already overpriced to begin with by at least 2,000
index points … and while I treat this crap as simply “widgets” to be traded on a
screen, the trading action this late in the day as we head for a New York
afternoon date with the criminal Wall Street banks, isn’t something I’m gonna
ever fall for and go for the worm and bite down on the hook … they are criminals,
don’t ever forget that.
No trades today in the TURNKEY PAMM / MAM.
Another wasted trading day “waiting” … sure, “hurry up & wait”, that’s the
mantra … also remember, money not lost is money where it’s supposed to be!
… until tomorrow, cuz another minute of this bullshit and my “bullshit detector”
will go “TILT”! … Onward & Upward!!
-vegas
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