ZOMBIE MONDAY

“It’s what’s on the inside that counts!”

As you scan the different stock indices at offshore brokerage houses, you’ll

notice in all of them, a slight valuation difference in pricing … this is due to the

fact that the original DOW JONES INDUSTRIAL AVERAGE 30, is a trademark &

copyright index by Dow Jones & Co., and they don’t take kindly to using their

brand without their permission … so what happens is that bank liquidity

providers replace a couple or a few “dogs of the Dow” with other stocks, and

you end up with the “Wall Street 30” or “US 30”, or something along those lines

… same thing with the SP500 & the NDX100. So, tomorrow starts off the Q1

earnings season, and so you might see different DOW30 CFD’s react differently

at different houses … now you know the reason.

It’s pretty much “Zombie Monday” across the board … not a whole lot going on

in anything … Cable has lost its “MoJo”, and IVIX is horrible today, regardless of

the daily range … it doesn’t do much good to have 30 minutes of trading and the

rest of the day stuck in a very tiny range … ditto with gold & silver, and crypto

[BTC] is dead.

However, one thing you can pretty much count on, is that the DOW30 will move

some, and in the process trap both longs & shorts, and lead to some algorithm

trades … and with not much happening, and IVIX on the low side, you take what

they give you and walk.

I get to my screen this morning, and there’s a whole shipload of people who’ve

signed up at FX CHOICE for the DOW30 PAMM /MAM, but nobody has deposited

anything yet … when I check my emails, many of you that signed up asked me if

I could possibly wait a few days to trade so you could get your BTC sent and

deposited … after thinking about this for a sec, I wrote back and told those that

specifically emailed me to wait, that I would halt trading until the start of next

Monday … this gives you this entire week to “get r done”, and if by next Monday

yours isn’t in the mix, it gets there when it gets there, and tough toenails, I’m not

waiting any longer.

Up ‘till now, most in the PAMM / MAM have been family and close friends … they

don’t care what I do … I could stop trading for a month and it wouldn’t bother

them, except for the dog, who’d be on my case 24/7 … something about a new

dog house condo with a Jacuzzi … I dunno … some days it’s hard to read his

thoughts other than “gimme more deli roast beef! … NOW”!!

Today, I started trading DOW30 CFD at Turnkey again … good news, they handled

it in a satisfactory way … didn’t feel I got ripped a new one … long entry was right

on the market, and liquidation saw a 1 index point bit of slippage, which isn’t that

big of a deal, especially when the index was moving … so, so far so good, and by

first appearances it looks like I’m not being given a line of bullshit about their

“new” CFD liquidity providers … and it goes without saying, that this is very

good news for the Turnkey PAMM / MAM, if it holds up, cuz it can finally start to

make some bucks … “yes, it’s taken them way too long to get this done, and let’s

hope it stays this way … if so, it’s “water under the bridge” and time to focus on

making triple digit returns this year in the PAMM / MAM”!

And speaking of algorithm buy signals, we only got one that was decent today

… Turnkey PAMM / MAM UP a few bucks shy of 0.4%.

The buy signal came right off the low of the day, and short “buy fuel” propelled

this puppy higher within seconds … overall though, the trading action in the

“Tulip Bulb 30” pretty pathetic … here with less than 2 hours to the close, only

about a 90 index point range in the NYSE session … Zombie Monday, what else

can I tell ya?

Cable for its part, just dead in the water … the day’s range hides the fact that for

the last 5 hours + we haven’t even seen a 20 PIP range … talk about dead, this is

it … weak economic data, and a sense that BoJo & crew are taking a hard line

towards the BREXIT deal, has got buyers nervous … and it’s taken the “snap”

out of the Cable trade that’s for sure … whatever was there after the Dec. 12th

election and into the New Year has completely disappeared … there just isn’t

anything in this market right now except banks screwing specs … want part of

that? … I sure don’t, so I’ve left Cable alone to stew in its own juice.

Tomorrow starts the Q1 earnings flow, so I’m hoping this “snails race” in the

DOW30 picks up some … well, actually a lot … oh, and Wednesday sees the

“China trade deal” get signed, so they say … whatever that’s worth for bullshit

… interesting rest of the week dead ahead … until tomorrow mi amigos

… Onward & Upward!! 

Have a great day everybody!

-vegas