Let me see if I got this straight … all of sudden DEM POLS & hacks [Libtards] are
“outraged” by Coumo’s well known sexual hijinx and demand his immediate
resignation as Gov of New York, but the hypocrisy here goes off the charts … first
of all, they’ve known about this for YEARS AND HAVE SAID NOTHING! … “but
hey, polls ya know?” … and second, where is the outrageous outrage, over his
KILLING of thousands of elderly people in nursing homes from COVID, that he had
a direct part in from the beginning? … “well, they’re probably Repubs, so who
cares, right? … and nary a fucking peep from these corrupt POLS, who every
minute of every day seek to control your life in every way imaginable … yea, don’t
call for him to resign cuz he helped kill thousands of people, resign cuz he
touched some babes boob … meanwhile, let’s look into the skeleton closet of
the Apparatchik & POL flamethrowers who now seek his destruction, and look to
his “troubles” as a golden opportunity to advance their own agendas &
disgusting careers … what a sick group of puppies on parade for all to see”!
Meanwhile, ex-Preezy Empty Suit is having his b-day bash out at Martha’s
Vineyard, a place of Libtard altar worship for rich useful idiots … a COVID
spreader event? … nahhhh, it’s the “Bamsters” 60th b-day party, how could it
possibly be a spreader event? … I mean, the virus surely knows the virtuous,
noble goals & causes of the elites and wouldn’t have the nerve to interfere at
such a prestigious gathering of rich ladder climbers! … but you? … no man, put
your triple face diaper on and STFU and don’t even think about leaving the house
… and we draw closer to the time when millions of pissed off people descend on
D.C., cuz they’ve had it with the “Little Joe Stalins” of the world and their idiotic
policies that hurt or kill ordinary people, while they do whatever the hell they
want cuz they’re God’s special emissaries here on earth doing virtuous work
… what bullshit … just wait and watch as the election forensic audits come due
and prove Trump won the election, and watch once again as Libtards en masse
desperately attempt to move the goalposts to something else … “Look over
there! … a squirrel”!
Meanwhile over in the “Bubble Assets” [“Stock Bellies”], the “markets” [cough,
bullshit, cough] are starting to call the FED’s bluff … as I’ve said before, with the
Faculty Lounge Lizards, it’s all “blah blah, yada yada” horseshit talk, cuz they
ain’t about to raise rates in any meaningful way EVAHHHHHH!, cuz they can’t
without blowing up the dollar and collapsing government cuz they then wouldn’t
be able to borrow any longer … in other words, the FED IS ALL BULLSHIT! … they
have no options, their so called “tools” are a delusion, and no matter what they
say, the bubble grows evermore cuz that’s what their masters want … shifting
goalposts … “life is trading, trading is life”, nothing new under the sun.
Again today, like all of the last 6 days really, Asia & Europe extremely quiet in
“Stock Bellies” trading … yea I know it’s August and it’s Summer vacation time
for many in those parts of the world … and in these conditions of 4 - 6 index point
ranges up/down in the NDX100, there’s no way you can take algo signals to buy if
your trading is at Turnkey, I don’t care what you see on your screen or what they
will tell you if you ask them … first off, they’re liars so there’s that … second, the
bid/offer is an illusion … well, mostly a delusion but I’m splitting hairs … there isn’t
any way you’re gonna get that bid or offer when you click the button on any
consistent basis, meaning they slippage you to death 1 - 2+ index points at a clip
… and if you happen to sell when the M1 is a red spike, it will be more slippage
than you counted on, and if you happen to buy on a green spike up, your fill will
be off the market at a high offer mystery tick in your quote box … and this is
assuming everything goes right for you! … and so, you just can’t trade at Turnkey
when conditions are like this … I need at a minimum to be up 5+ index points on
a trade before I know I’ll probably clear a profit, cuz anything less than that and
it’s the coin flip from hell … as the scumbag LP would say, “duh, market
conditions, duh”! … or my thoughts which are, “it’s got nothing to do with
“market conditions”, and everything to do with you being a fucking thief” … and
so, we need to see somewhat larger M1 ranges in these time slots, instead of
what we see now.
Meanwhile over on the Airsoft platform, while the NDX100 has a higher spread
outside of NYSE hours, the DOW30 [1-2 index point spread], SP500 [0.3 - 0.4
spread], and the DAX30 [1.4 spread] remain consistent throughout Asia & Europe
… and these are TOTAL COSTS TO TRADE, NOT SIMPLY THE SPREAD … I will
note, that in the coming weeks the DAX30 is getting a makeover … it will become
the DAX40, and they’ll be adding some newcomers and jettisoning some old
dinosaur dogs, so I’ll be very interested in how the new “DAX40” trades and
whether or not it’s more volatile than it is now … my guess is it will be, and offer
some great trading like it used to be … we’ll see … one additional thing of
importance … unlike Turnkey which only allows trading in its indices in whole
lots, meaning multiples of “1 * the index”, on the Airsoft platform all of the indices
can be broken down into 0.01 lots, meaning even very small accounts can take
advantage of INSTANTANEOUS EXECUTION & NO SLIPPAGE … now, no slippage
doesn’t mean markets can’t change in the middle of your order … a lot can
happen in a few microseconds … most often, what you see on your screen is what
your gonna get, whether you’re buying the offer or selling the bid … so far for
“The Syndicate” and my own trading the last few days, slippage on the NDX100
has AT WORST BEEN 0.5 index points cuz the market is moving … however,
usually it’s the bid or the offer where I’m filled.
And if you think none of this somehow matters, get long at Turnkey in ANYTHING,
and when it turns lower and the red spike shows up go ahead and liquidate the
position, and watch in horror at where you’re filled … sometimes it’s just a little off,
but if the red spike starts to really leak water and head lower, they’ll gut you like a
fish being cleaned for dinner!
Big sigma miss on the downside for ADP jobs number … I guess worsening
economic conditions, led by the complete insanity of the ruling class, and new
COVID panic lockdowns to come, are gonna be spun bullish for “Stonks”? … in
what perverse universe? … “well, that’s easy to answer … in the universe where
Preezy Idiot Boy gets 81 million votes”!
Another clusterfark open at the NYSE … Chipmunk feeding time, and like most
days that got fed at or near the high … this stuff is a joke … “what alternate level
of trading hell have I descended into by mistake, where nothing is as it seems,
reversals, double reversals, triple reversals, and whatever else comes down the
pike"? … and as conditions in the “U.S. of China” worsen, both politically and
economically, the “hopium” for MOAR! QE stokes the FOMO grabbing retail specs
who can’t get enough tech “Stonks”, where no price too high is too high … cuz as
we all know, FREE HELICOPTER MONEY FOR EVERYBODY PRODUCES WEALTH
& PROSPERITY!
Sorry, I can’t sugarcoat this … what a flaming bag of shit so far today in “Stock
Bellies”, as the econ numbers point to roaring STAGFLATION … so, new highs
imminent for the NDX100 in 3 .. 2… 1 …? Can’t break it and can’t rally it, which
means only that shorts are stuck or the longs are stuck? … look out for the
sucker punch sure to come once Europe closes! … and through it all VIX gets
pummeled, just like the manipulators want … geesh what a circus shitshow this
stuff can turn into.
Just before Noon in New York, and all you can do is laugh … no range, plenty of
spikes from hell both up/down, and if you attempt to do anything at Turnkey,
you’re giving money away, cuz it’s “chop city” with the scumbag LP handing
out slippage … quite frankly, there isn’t enough movement one way or the other
to book anything … on the other hand it’s “scalping heaven” over on the Airsoft
platform … difference is night and day, not much more I can say, other than this
is truly pathetic.
And here we go again with another “double reversal” day … this shit is getting old
… I mean, is this the new normal? … FOMO much? … meanwhile the DOW30 &
SP500 can’t do Mr. Jack Squat, meaning it’s the old tried & true big tech giants
[probably doing buy backs] that’s powering this crap higher yet again … what a
scam this whole bubble farce is … truly beyond comprehension … and as I
pointed out yesterday, the historical evidence on double reversals isn’t good for
extending the range cuz all of the fuel to get to the double reversal is “spent”
… and when it comes out of nowhere like this one today did, a lot of fuel got spent
… and in a New York mid afternoon, this means I’m not interested in BTFD, cuz it
might just go “dipping” a lot farther than you thought … further, where’s the
upside given the historical evidence?
So what is it I’m supposed to do here, besides sit and be patient, while the NDX
fiddle farts around a 5 index point chop most of the day? … EASY PEEZEE:
“nothing but sit and wait for better conditions, and these ain’t it”. And once they
blew out the shorts and got people long, now it can’t rally off the breaks … see
my shocked face … not sayin’ it’s going lower still, but as the clock winds down
on the day, being stuck in chop conditions once the fuel is spent is NOT a good
feeling … HOPE is not a trading strategy!
Nothing I can do but move onto tomorrow … NO trades today for the PAMM, cuz
conditions were horrible pretty much from the European open right up to mid
afternoon … it is what it is, so I pick it up again tomorrow … another double
reversal day and my head explodes.
… outta here … “the future looks so bright, I need sunglasses”! 😎
… Onward & Upward!!
-vegas
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