WHEN PIN MEETS BUBBLE

“Some day … just remember, you saw it here first!”

Another “pump & dump” day in stocks … FED adds another $100 billion into the

system [ONE DAY!], and banks run with the FREE pre-arranged money they’ll be

getting by settlement on Friday … I mean, why wait?

All I can say is that when the “bubble” ends, it will come so fast & hard, nobody

that owns stocks will have time to GTFO … they think they do, but they won’t

… let the revolution commence once the public gets wiped out … and the way

this shit is headed, when it ends it’ll be ugly … very ugly … think silver in ‘79

from $50 down to under $4 within a couple months … yea, that kind of ugly. As

I’ve said before, the “Tulip Bulb 30” is just numbers to me, and I could care less

if it’s between 5,000 or 50,000 on the index … it’s just an ATM, that’s all!

One algorithm buy signal today in the DOW30 … Turnkey PAMM / MAM UP a

couple bucks shy of 0.1%.

Again today, nothing really exhibiting good trading action, except Bitcoin [BTC]

… all the traditional markets looking & acting sluggish … I really dislike

“sluggish” rallies and breaks … the ‘ol stair step trade, where it’s either 4 steps

up and 3 down or the reverse, and it makes for some tough trading … you simply

CANNOT BUY rallies in stocks and expect to make money, and the reason is

simple … if you buy the rally, when it starts to break, you got nothing to hang

your hat on as it’s going down …, nada … and that can make for some horrific

losses if it doesn’t come back for you.

Well, that escalated quickly to the downside, didn’t it? … nothing like news from

the “done deal that isn’t”, referring to the “China trade deal”, and all the rosy

projections go out the window in seconds as it’s announced tariffs won’t be lifted

until China lives up to its part of the deal, and that they will stay in place up to the

2020 election … well, that ain’t gonna make the ChiComs happy, so it’s release the

“Kraken” of sell stops, and Bingo!, Bango!, Boom!, tulip prices go down 100

index points in about a little over a minute … and this is one of the risks you run

when you get into a “stair step” market and price does nothing but

“stagnate higher” without really correcting and doing away with excesses that

build up from spec traders … then all of a sudden there’s news, and it’s like

somebody set off a nuclear weapon … and if you were long, somebody just did!

… good luck making back that huge loss anytime today … OMG, could this get

ugly.

I know markets, and I know stock indices, and I know when the “red flags” go up

the flagpole, and when I see a crawling market that’s only going one way, I know

better than to expect everybody’s gonna be fine making money aren’t they?

… well, no they aren’t cuz that’s not how markets work … and without healthy

IVIX, the excesses build up and you can expect fireworks at some point, and I

don’t want to be there when that happens … it’s called situational awareness.

More earnings tomorrow, plus all the other market horseshit we get to deal with

on a daily basis … EXIT QUESTION: “since the Chicoms are supposed to sign the

deal tomorrow, given the latest sticking point on tariffs, do they in fact go ahead

with the signing or blow Trump off and fly home?” … I dunno, but it seems to me

the ChiComs are gonna be pissed over this, so who knows? … we’ll see

tomorrow! ... at least, though, so far Turnkey’s DOW30 CFD is holding its own in

terms of a trading vehicle … hopefully it stays OK, cuz if it can the PAMM / MAM

can have a breakout year … so far, so good … until tomorrow mi amigos

… Onward & Upward!! 

Have a great day everybody!

-vegas