FED week, so count on things getting out of hand at some point, with no later
than 2 PM EST on Wednesday as being “ground zero” for “scumbaggery” … and
speaking of “scumbaggery”, nothing like a gold market that goes straight up for 4
hours and $20, then turns on a dime and goes down for over 2 hours straight
… end of day, thanks for coming … “WTF is this? … literally ZERO corrective
movement, so the entire New York day is nothing but a straight shot
… good grief”.
No trades today in the TURNKEY PAMM / MAM.
Looking around at the other markets, they were worse than gold … Cable blown
out to trap shorts, and that mess of a market happening as BoJo is courting
disaster … not only is nobody listening to him & his government on the CHICOM
WUHAN KUNG FU FLU and his idiotic “pick six” quarantine rule, but the tone
with the E.U. is anything but rosy over BREXIT … easy to point fingers, but
nobody knows how this ends … nobody.
Spread in gold today behaved most of the day, but there were times when it blew
out … quite frankly, every reason I’ve ever heard from talking heads everywhere,
makes little sense in a market that is supposed to be a “major market” … and
yet, they can’t seem to reign it in and give “fair pricing” but about half the time
… and the way this stuff traded today, makes me want to barf.
Not sure tomorrow looks any better heading into Wednesday, but signals are
signals and when I get ‘em, I’ll take ‘em … today we had ZERO … IVIX INDEX
levels simply pathetic the entire day … take out that first burst up, and I don’t
think it’s possible to see them any lower during the major portion of the trading
day … we’ll see what Tuesday brings.
… until tomorrow … Onward & Upward!!
-vegas
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