Let’s go back a ways and count the number of “dopey” arguments analysts have
used to justify “Stock Bellies” going higher … 1) China trade deal! … 2) CHICOM
WUHAN KUNG FU FLU cases have just gone lower [a/k/a “flu lottery”] … 3) here
comes a vaccine!! … 4) fiscal stimulus … MOAR!! … “how many times do the
manipulators “pump & dump” each week"? … and pretty much the entire trading
world [at least at RobinHood and places like it] goes apoplectic in their eagerness
to buy MOAR!
Today’s “dopeyness” on display in the DAX30, where the dinosaur index goes
skyward on what exactly? … oh ya, hopes I’ll get a $1200 check in the mail … and
how exactly does that affect the 30 largest dinosaur stocks in Germany that make
up the Dax30? … another round tripper day where the scumbag LP banks reversal
the crap out of price, and it ends up going nowhere at the end of the day … oh
sure, some longs & shorts took turns getting “monkey hammered” with spikes
from hell, but overall nothing happened … Asia goes nuts on the upside, then
Europe takes that away … then the “dopium” appears when the sun rises in New
York, and a whole group of dopes see a chance for MOAR! stimulus checks
… how about “China trade deal!!! … no, that doesn’t work anymore? … and the
Ponzi scheme of stock indices rolls on as ever before, with the banks getting
richer and traders poorer for the experience … what a scam.
Meanwhile over in “The Widow Maker”, what would the day be like without some
mistress fund funding from the usual suspects? … well, look no farther than
minute 16:16 server time, right before the NYSE open, where again it’s “feeding
time” with the usual rumor mill in high gear … until this entire BREXIT scam is
over & done with, why would anybody trade Cable and get caught in this bullshit?
I will point out, though, that of course something will replace BREXIT when it’s
done, cuz the “scumbaggery” will never end, simply a new scam will show up
… on the whole, though, without the bullshit, directly below a peak at an
institutional trading platform I have access to for my own personal account, with
I might add “depth of market” … this screenshot I took about 10 AM EST today.
Note the spread [0.1 PIPS], and the MILLIONS bid & offered on each side at the
tenth of a PIP … if you’re not trading at a place like COINEXX OR TURNKEY, and
can’t trade Cable at fractions of a PIP, THEN YOU’RE GETTING RIPPED OFF
… paying over 1+ PIP is a stone cold ripoff, and you’re throwing money away for
nothing … and right now, unless others have changed, the only place I know &
trust for trading Cable and/or EURUSD is 1) Turnkey, and 2) Coinexx … slight
advantage to Turnkey cuz they are faster on fills … soon enough Cable will be
tradeable again, we just have to be patient and not do “stupid shit”, like attempt
to trade it and get blitzed by another Apparatchik rumor.
NO trades today in the TURNKEY PAMM / MAM.
No trades cuz no decent signals to trade off … everything a bag of flaming dog
poo, inside the infamous “Flying Wedge of Death” [FWD] … quite frankly, why
we’re not at least 2,000 points lower in this dinosaur index is beyond me … “the
dopium is strong in this market”!
With Europe closed now I’m outta here … until tomorrow … Onward & Upward!!
-vegas
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