A whole ton of bullshit this week … CPI tomorrow, the FED Lounge Lizards on
Wednesday, and a $4 trillion OPEX on Friday … some apprehension maybe?
… nahhh, the DOW30 just goes straight up from the criminal NYSE open … it’s
early yet, so we’ll see if this sticks, but still … FX doing their respective part,
acting like the walking dead.
But, back to the “Stock Bellies” … my preference would be to trade the SP500,
but since we can’t cuz of bullshit bid/offer spread + slippage from Hell, the
disadvantage to us is simply to great … our only option for any of these markets
that makes any sense at all is the DOW30 … FX makes me want to go outside and
yell at clouds, and today I had that feeling with the DOW30 … coming into today
and looking at the week, today shapes up as the “weak sister” of the 5 trading
days … calm before the storm so to speak … but as so often happens with any of
the “Stock Bellies”, the road to success is paved with memory loss … meaning,
don’t think, just take the F-ing signal stupid! … how many years & decades have I
preached this? … and yet today, I sit here and watch the DOW30 put in some of
the prettiest algorithm buy signals you’ll ever see on a chart, and pass on ‘em cuz
I think … think … the market should correct more … where’s the Newbie dunce
cap? … [ah yes, the dog is bringing it to me as I write … happily I might add!]
… my apologies to my PAMM clients for being a dumb shit today.
And again, as it’s want to do quite often, when good moves are over, there isn’t
anything left but some kind of “Loser Formation” … and if it doesn’t go straight
sideways, it sure feels like it’s doing exactly that, cuz it can’t go up / down to
save it’s life … tomorrow sees CPI early, so plenty of rock & roll coming … no
more “thinking” … onto tomorrow.
… OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,
and my own Brinks armored truck” 💓!! … Onward & Upward!!
-vegas
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