GOOD GRIEF, WHAT THE HELL IS THIS?

“Worst trading action seen in many a blue moon!”

Well, now all we need is a market that cooperates and actually moves somewhere

… you got to go back a long way to get the kind of non Holiday week we’ve seen

this week in the DOW30 … so while we have the right model algorithm, for some

unknown reason that escapes me, we currently have a market that refuses to

move … every night this week it’s been excruciatingly slow and uneventful,

followed by the “Flying Wedge of Death” [FWD] once the NYSE opens … ranges

well below the 20 Day Range MA, and it looks the the stats after today for next

week will take a tumble … and it isn't just in the DOW30 … it’s in everything.

So, whaddaya gonna do? … well, you sit and wait that’s what, for conditions to

improve … maybe it takes hours or maybe it takes weeks, who the hell knows, but

what is known is that the current state of markets as a whole finds extremely low

volatility in many markets that cannot be sustained … and that usually means

fireworks once SHTF from some “unexpected” news either from POLS and/or

Apparatchiks.

Given today’s “blitzkrieg” to the upside, which makes less than zero sense, the

only thing that matters anymore is the flow of money … and the FED with their

“it’s not QE, but it’s QE” program to grease the skids even further, why should it

be a surprise with every bit of rotten news that the world is headed for a

depression that stocks are hitting all time highs? … where they gonna put the

billions upon billions they’re printing? … and given negative rates in over half the

world, don’t stocks look “cheap”? … quite frankly, I literally can’t even …

I was planning on having info on the “Traders Course” [TC] for today, but that

can wait until Sunday’s update … no trades today for our new PAMM / MAMM,

not because we didn’t have any algorithm buy signals, cuz we did and they were

great ones at that … no, it’s because I had platform problems, internet problems,

computer update problems, and other problems stacked onto problems that made

me want to just walk into the ocean and see if I could walk to New Jersey … being

a Friday, I simply said “screw it”, it’ll be here on Monday [Sunday night] … so until

the blog update on Sunday … until then mi amigos … Onward & Upward!!

Have a great weekend everybody!  

-vegas