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Sunday, May 15, 2022

SUNDAY UPDATE: SEND ALL U.S. POLS TO SRI LANKA

 

“A truly lying, clueless, corrupt Dope!”

It seems the folks in Sri Lanka have had it with the bullshit POLS & Apparatchiks

are spreading … food shortages have led to riots, people beating up police, and

the burning down of POL homes … amazing what happens when the Plebs get

hungry isn’t it? … hang on while I wipe a tear away from my eye over a POL

… the link at ZH directly below.


https://www.zerohedge.com/markets/food-riots-sri-lanka-turn-deadly-protesters

-beat-police-burn-down-politicians-houses


When does the “boiling point” hit the U.S.? … $40 BILLION for a shadow, proxy

war, and a corrupt regime in Ukraine [everybody get their weapons systems

kickbacks from Raytheon?], and to the people of the U.S. POLS give a big, fat

middle finger … both parties up to their eyeballs in the stench of corruption.


I had planned on getting the trading algorithm out today … nope, gotta wait ‘til

next weekend … it’s worth the wait … an issue that has vexed me and countless

traders over these last few years, I think I finally got a decent handle on with a

very high probability of success … that issue is “market noise”, and determining

what is and what isn’t market bullshit [meaning bank bullshit], so you don’t get

caught the wrong way in “price noise”, and can determine optimal position

taking … cuz what it boils down to is this for the vast majority of those who trade

… your model may be the best thing since “sliced bread”, but coming out of the

box if it has a string or series of losses, even if they are small, how many hang

with it or then start to skip trades cuz of FUD [fear, uncertainty, doubt]? … and

then of course when you ain’t in it, it explodes for big profits … yup, been there

done that! … as we work our way to next weekend, I’ll have more on the

trading algo.


Directly below, the 20 Day Range MA’s for selected pairs.


click on table to enlarge

As you can tell from these values, the “VIX Genie” is out of the bottle … can

central bankers ever get her back in? … maybe, but I doubt it … crude oil looks

to be volatile for a very long time, especially due to excruciating short

inventories and supplies of gas & diesel, with the obligatory idiotic policies of

Biden & his crew of Communists not helping and exacerbating price swings.


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

… Onward & Upward!!


-vegas



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