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Monday, February 13, 2023

UNREAL EDITION … OR, WHO CAN WE SCREW TODAY?

 

“I smell bullshit!!”

The most important evahhhhhhhhh economic release tomorrow, and you want me

to believe that a 12 hour straight up the wall 60 index point rally in the “Spoos” is

legit? … GTFO of here! … kill the put credit spread 0DTE shorts first, then on the

flip of a switch, let’s go for the call credit spread ODTE idiots next … another

gigantic reversal, which is the “norm” now [regular variety, double reversal or

triple reversal upon request], as the “tail wags the dog” options sellers get taken

to the cleaners once gain … and why not? … there aren’t any “fun-durr-mentals”

anymore, cuz that shit went out the window with the 2008 financial crisis … now

all we got are the squeeze plays at the edges inside “The Twilight Zone” [TZ]

… with the most important CPI release tomorrow in the history of the world, it

only makes sense to go STRAIGHT UP for 12 hours in a row [and we ain’t done

yet!] and kill spec shorts in the call credit spreads of the “Stock Bellies”

… they don't even try and hide the manipulation anymore, they just do it! … when

does this stupidity end? … when the order flow says there aren’t anymore nickels

to throw at “Stonks”, and end up with too many longs at the top … this idea of

“trading” markets is bullshit, at least for today.


Since the criminal NYSE money laundering open, the “Spoos” with a “Trading

Ratio” [TR] BELOW 2 … WAIT, WUT? … no shit WUT? … can’t hardly believe it

myself, but here we are … can’t trade any of this shit when we got conditions like

this … you know the bullshit on the other end is coming, you just don’t know how

and when … last week we had 14 hours of straight down based on the H1, so why

not 13 hours and counting straight up? … makes perfect sense inside the TZ

… my only question is, “who knows what about tomorrow’s CPI that they’re willing

to bet billions on a bullish market response?” … my guess is, they aren’t betting,

but already know the number … you somehow think the math whiz kids are

satisfied with a measly government salary?


I came into today with a solid intent on trading the “Spoos” … but, what sense

does that make when the total cost to trade the “Spoos” CFD is either 0.6 or 0.7

index points, and at the same time with a 2.2 index point cost to trade is the

DOW30 … why should I pay over 3X the cost for ZERO benefit? … granted, both

don’t move tick for tick, but they do highly correlate, so if the “Spoos” are gonna

move the DOW30 is gonna move as well … but if they’re both stuck in a bucket

of shit, at least with the DOW30 I can get out of the spread [I think] … NDX100 left

me cold after Friday’s clusterfark of 10+ index point changes in bid/offer with

ZERO going on in the market other than “scumbaggery & fuckery” from supposed

LP’s … and that’s before slippage, something Coinexx is infamous for now that

they’ve merged with the slippage “KING of the shit pile”, which is of course

Turnkey.


And, giving credit where credit is due. I haven’t had any issues with the DOW30 at

Coinexx on the VPS platform … fills have been OK to excellent, and latency is

average, but not great … at least I know they aren’t holding my order to screw us

… can’t say the same with NDX100, no matter the bullshit excuses they give … and

today, looking at the logistics early on, the “Spoos” are expensive relative to the

DOW30 … and not just by a little bit … given our volumes and the way the DOW30

moves, I think we’ll be OK in that market for a while, and we should generally

expect better pricing and movement … and that is born out today.


Less than an hour to go to the close, and what a bag of flaming dog poo this day

was … straight up out of the open, and since that opening mini melt up, in 5 ½

hours the DOW30 has an approximate 130 index point range to show for itself,

while the “Spoos” have a whopping approximate 18 index point range … another

“speed of light” moment followed by the “Loser Formation” where nothing

happens for hours on end … I hope whoever thinks they got a leg up on the CPI

cuz of inside information from Mr. Beeks, gets it shoved where the sun doesn’t

shine come tomorrow … we can only hope!


I still got off an algorithm buy signal today in the DOW30, and it sure was fun

trapped inside the idiot 2 point spread minute after minute waiting for it to move,

which it finally did grudgingly … PAMM UP FRACTIONALLY … good grief, what a

circus shitshow … well, at least in the DOW30 we got out of the spread, which we

would have had to have waited longer for in the “Spoos” to get the same thing

… of course, all this will change like a megaton H bomb going off tomorrow with

the CPI release at 8:30 AM EST … look for “scumbaggery & fuckery” in mounds

upon release with the blowout of the spreads, and slippage at “triple FU MAX” for

about 10 - 15 minutes … after that, we’ll see cuz it all depends on how much the

print is missed by sigma amounts, or whether it comes relatively in line with

expectations … in any event, it’ll be “rock & roll” come 8:30 … the algorithm today

saw 12 trend changes inside a very puny range once the open came and went

… trade signals just awesome, but most of the day the profitability potential

wasn’t worth the risk … the trade signal I ended up taking probably the worst of

the bunch … 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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