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Monday, March 1, 2021

ANOTHER “PUMP & DUMP” MONDAY

 

“If you don’t understand “Pump & Dump”, please apply within!”

Another dull Monday, highlighted by light “Pump” in the Asian session, cuz it’s

all the “Chuckleheads” know how to do, then a “sleepytime” Europe, followed by

a MOAR! serious “Pump” at the NYSE open … and now for the “Dump” here in

the New York afternoon in the “Tulip Bulb 30”, a/k/a DOW30 … crypto somewhat

quiet, if you can call BTC with a $5k range “quiet”, but the other pairs including

Cardano [ADAUSDT] drifting into the “Mary hard fork” today … some wicked

action in spurts, but overall not very good consistent IVIX for the day.


Algorithm signals in the DOW30 today … TURNKEY PAMM / MAM UP SLIGHTLY.


Kind of a ruined day from the NYSE open, as “Stonks” immediately go ballistic

skyward, thus going about 120%+ over the 20 Day Range MA, and yielding only

1 decent buy signal … and of course, when you get these runs out of nowhere,

when they correct it’s a good bet the move for the day is O.V.E.R. [in essence, it

screws up the probability wave functions and skews them negatively] … and

that’s what it looks like now with some serious chop going on at lower levels

from the opening spurt … “must be all that “Joe China” optimism supporting

stocks, right"? 


Over at PHEMEX, trading in ADAUSDT for “The Syndicate”, and we’re up slightly

above 0.10%


We will see what the “Mary hard fork” [Cardano block chain protocol update]

does to price after the launch, but today sees some cautious trading interspersed

with wicked price spurts, both up & down, that come out of nowhere … ADA not

really following BTC, but the bullish enthusiasm after hitting ATH on Saturday is

bringing money into the pair … plenty of shills & scam artists hyping Cardano

on YouTube, so don’t fall for the hype everybody makes $1 million dollars by

next Thursday … date it, don’t marry it!


Outta here a tad early today … until tomorrow … “the future’s so bright I need

sunglasses”! 😎 … Onward & Upward!!


-vegas






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