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Thursday, March 18, 2021

WHAT ARE THEY SO AFRAID OF?

 

“Meanwhile, inside the thoughts of the FED!”

The seeds of the next great, and maybe the last, financial crisis were firmly

planted yesterday by a totally clueless, feckless, corrupt FED … “quite frankly

folks, they’re trapped inside the history of the world’s largest asset bubble they

created and don’t know how to get out of … they are debasing the dollar at a

record clip, the national debt is exploding exponentially … federal budget?

… what the hell is that? … taxes, regulations, PC run amok, and your loss of the

standard of living you expect, all part of the “norm” under “JoeMala”, the

biggest set of Communist traitors ‘Murica has ever seen … and it’s gonna get

worse”!


I will remind readers, interest rates CAN’T GO SUBSTANTIALLY HIGHER … at

least not “real rates”, cuz if the FED allowed that, interest on the national debt

would very quickly EAT EVERYTHING the government brings in, and we all

know the most important thing for POLS & Apparatchiks in government, besides

lining their own pockets, is to continue the Ponzi scheme for as long as it takes

so they can get the hell out of Dodge City before SHTF and the revolution starts

in earnest … as long as it happens on somebody else’s watch, that’s OK with

them … listening to chief asshat Spicoli yesterday at his post rate decision

presser, was painful … anybody with a brain can see he’s lying through his teeth,

doing his best to prop shit up until one of the 2 Commierats replaces him … “Oh

please Lord, don’t let the Ponzi fail on my watch … I like my head”! … feeding the

American Sheeple complete bullshit since 1913, it’s a never ending stream of

propaganda, all the while your labor & wealth get slowly destroyed by inflation &

currency debasement … JFK wanted to end the FED [along with the CIA], and we

all know what happened next!


Markets? … you wanna call these shitbags of manipulation “markets”?

… another double reversal in tulip bulbs today, with nothing but straight up /

straight down, and then of course cuz we got to burn the Stimmy checks into

“Stonks”, straight up the wall from the NYSE open … straight up until Europe

closes, then comes the “Thelma & Louise” quicker than a Biden gaffe … right,

just “normal” ebb & flow? … using my best “Trader’s French”, this is fucking

bullshit, and those Dopes dumb enough to “climb aboard” with that

“Free Money” [your grand kids want to have a talk with you], will be the first

ones to panic in the subsequent sell off coming as soon as the “checks” run dry

… what a bunch of dumb ass fools!


Here’s a quick rundown of “markets” [cough, bullshit, cough] today, in the

aftermath of both the FED & BOE … first up, GBPUSD … BOE did NADA this

morning, and Cable has been in a 200 PIP range for the last 15 days, and currently

sits right in the middle of it … 2 central bank bullshit decisions, and still they can’t

manage to move “The Widow Maker” past this pathetic 15 day range … Precious

Metals … dead money, next … crude oil … getting smoked lower, and doesn’t that

jive with a roaring economy? … NOT! … crypto … BTC today with half [that’s 50%

for you Biden voters] its usual 20 Day Range MA of almost $5,000 … really nothing

here … over in alt-coins, ADAUSDT [Cardano] goes nuts to the upside, then gets

“monkey hammered” down fast and hard … wicked action but not much volume

… finally “Stock Bellies”, where I’m about ready to hit something if this shit

doesn’t stop with the straight up / straight down trading action, with “V” bottoms

from hell, and inverted “V” tops that get smoked in an instant … with that said, I’m

gonna start giving Turnkey’s SP500 CFD a more thorough look, as it is “trading”

better than the tulip bulbs … for the moment I’m leaving the NDX100 alone cuz it’s

the “weak sister” of the major indices cuz of higher rates. 


All in all, not a very good look for any of these markets coming out of Spicoli’s

presser yesterday, with “Stonks” very much overbought and interest rates

threatening to go a helluva lot higher … so far these last days, it’s the same story

everyday … “Stonks” get smacked in Asia & Europe cuz of higher rates, then at

the open “Stonks” go ape shit nuts to the upside … and finally as I write,

somebody is starting to lay the wood to “Stonks”, as both the “Spoos” & tulip

bulbs are getting hit hard lower … ‘bout frickin’ time! … DOW30 down about 150

index points in roughly 20 minutes … and quite frankly, this is what happens when

you get straight shots that suck the Sheeple in, only to see somebody with a

helluva lot more zeroes in their account start to sell in earnest … it happens quick

and they take no prisoners, and it’s just one of the reasons I don’t buy rallies and

never have!


For both “The Syndicate” & TURNKEY PAMM / MAM, UP SLIGHTLY IN BOTH.


Some days I feel like I’m running the “Up Slightly Funds”, but it’s temporary

… markets cannot stay like this or they’re done being markets … quite frankly,

from the algorithm’s perspective, it’s doing its job perfectly … first priority is

DON’T GET WHACKED … once that’s out of the way, now we can look for profit

opportunities, and given what’s happened lately, it’s worth its code in gold

bullion!


As things look right now, new ATH for the DOW30 & “Spoos”, and possibly a

lower close from yesterday … too early to tell at this point, but regardless both

tulip bulbs & “Spoos” are overbought and valued right up there with fairy dust

& Unicorn meat … the key going forward is rate on the 10 YR. Treasury … we’ve

just passed BofA’s “line in the sand” of 1.75%, and if the 10YR passes above 2%

there’s gonna be hell to pay in “Stonks” land … given the current leadership of

“Depends & The Manchurian Candidate”, don’t look for any help from the

Gubermint, as they raise taxes and confiscate more & MOAR! of your wealth

… just another few points on the downside, and it’s another TRIPLE REVERSAL

in the DOW30 … a few days ago we had a QUADRUPLE REVERSAL, something I

don’t recall ever seeing …  EVER! … but with the manipulators hard at work, is it

now the norm? … good grief I hope not … well, that escalated quickly to the

downside, didn’t it? 


And with oil down over 8%+ on the day, rates hovering right at BofA’s “line in

the sand”, it makes me wonder how anybody can blindly buy “Stonks” and not

think the “shitshow” is about to begin … well, that’s fear and greed for you!


… outta here … “the future’s so bright I need sunglasses”!  😎

… Onward & Upward!!


-vegas


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