Some things never change … not content with corrupt deals with the ChiComs,
"Taliban Joe” seeks new opportunities in corruption in Kazakhstan … in case
you missed it over the weekend, here’s the link from ZH.
https://www.zerohedge.com/geopolitical/palace-coup-kazakh-security-chief-
arrested-treason-was-close-friends-hunter-biden
“Gosh, I sure hope he got his 10% cut”! … and if that’s not enough, word comes
today, that the rioting and attempted overthrow of the Kazakhstan government
comes with reports that a BIOWEAPONS LAB FUNDED BY THE U.S. PENTAGON
HAS FALLEN TO REBELS … well now, can you say, “can of worms”? … excuse
me, but WTF is the U.S. doing funding this kind of shit in foreign lands?
… especially made worse cuz of their instability and lack of security protocols
… on the other hand, when you consider the U.S. is simply another “Banana
Republic” with blood on its hands, and that the only thing that differentiates it
from shitholes scattered around the globe, is its ability to keep borrowing
money, this should come as no surprise … the story link directly below.
https://www.zerohedge.com/geopolitical/kazakhstan-denies-us-funded-
military-biological-lab-seized-rioters-after-russia-claims
But no worries .. with 2 of the most inept, corrupt, morally reprehensible, and
tone deaf POLS running the show in the “U.S. of China”, I’m sure nothing can
possibly go wrong here … amirite or amirite?
Here about 2 hours before the NYSE open, and the NDX100 has broken below
key support levels on the weekly candlestick chart … sure, a lot can happen in
the next 8 hours or so, but the “bloom is off the rose” when it comes to tech
stocks … and the 10 YR. Treasury rate cracked 1.80% this morning to the upside,
so it’s not helping things … looks like another very busy day for the “Plunge
Protection Team” [PPT], and I hope the batteries are fully charged for the
CNTRL-P machine that goes “Brrrrrrrr” 24/7/365, cuz without that the world’s
largest ever financial bubble “POPS”!, and SHTF rather quickly … just
remember, the PPT doesn’t “sop up” selling … it waits for the selling to finish,
and then gets word from the scumbag banks, and then goes on a buying
rampage that make the sellers look stupid … that’s how they operate.
Well now, didn’t that escalate quickly? … and just like that, we find ourselves in
the back part of the “88/6/6” paradigm, as panic selling in just about everything
“Stock Bellies” and crypto gets monkey hammered … and in 4 trading days the
DOW30 is down over 5%, and it looks like the world is ending … it ain’t
… Wednesday sees inflation numbers, and if those are “ugly”, it could get a lot
worse before it gets better … meanwhile, what does gold & oil have to say
about this? … try NADA!
Here we are at about a little after 1 PM EST in New York, and so far since the
NYSE open, Turnkey’s MT4 platform has crashed TWICE … once right after the
open for a couple of minutes, and now here again a few minutes ago … amazing
how these glitches ALWAYS develop on big mover days isn’t it? … can’t tell
and have no way of knowing if the LP’s simply shut the feed off cuz they don’t
want to take first sell orders, and then for the second one, I see from another
platform the DOW30 goes up 50 points in less than a minute, so they don’t want
to sell it to you, OR they’re simply “snake bit” today … for my money, I’m going
with option #1, cuz it’s the most likely … not that they would ever tell you the
real reason, cuz that’s off the table … in any event, another amazing coincidence
on the trading platform as markets move “bigly & yuge” … you could make this
shit up, but nobody would believe you! … what a bunch of bumbling idiots.
We are now into our 20th minute [and counting] with the platform shut off, and
of course, here comes the DOW30 buy signals, as the “Stock Bellies” are
turning higher led by a sudden surge in the NDX100 … like I said, I don’t know
if this is incompetence or it’s been planned by the LP’s … for us, it doesn’t make
any difference cuz we don’t have access … I just find it interesting that the timing
is almost perfectly coordinated with a sudden rise now in price and a slight pick
up in VIX … and no, I don’t trust the LP’s any farther than I can spit cuz I think
they’re thieves, and it isn’t beyond them to shut things off cuz they’re caught the
wrong way … nobody should be surprised by shit like this, cuz it shows who
these people are and what they are capable of when it comes to money.
Meanwhile, what I wrote about yesterday in the Sunday blog update about crypto,
has happened in spades today … no movement, then violent M1 moves that
force liquidations, both on the downside and the upside, within seconds or a
minute or two … and who do you think is on the other end of these “liquidations”
… yup, LP’s cuz they got info on order flow and stop placement through their AI
networks, and while specs are getting crucified, they have found a new way to
screw specs with these “protective” forced liquidations … what a bunch of shit.
Well, we’re now past 30 minutes with no platform, and I guess they need new
Gerbils to run the treadmill for power or somethin’ at Turnkey … who knows,
and I’m not even sure when it comes back on you can trust it for an hour or two
cuz it may go right back out, as the new Gerbils go on strike for better food
pellets! … and it’s up, up, and away with the machines off … thanks Turnkey, it’s
only buy signals and money that’s lost, and you’re doing a bang up job! … it’s
always nice to have professionals in the back end isn’t it?
I used to get upset about shit like this, but ultimately 2 things occur … 1) you get
angry for nothing, and 2) it won’t change one iota anything they do … into the
50th minute now, and the DOW30 has streaked over 150+ index points higher on
a buy algorithm signal, that hasn’t seen it back off much at all … wanna know
when the machines come back on? … EASY PEEZEE: when the DOW30 tops out
and either starts to go down or sideways … then, magically, BOOM!, here comes
the live feeds again … so yea, the algorithm works beautifully … Turnkey not
so much!
Had the signals, couldn’t make the trades for the PAMM … nothing I can do
about it … tomorrow is another day, but yea it pisses me off some.
Crypto has turned into a nightmare … IMHO, given the new dynamic via forced
liquidations, most certainly BTC can’t be traded with any certainty that your
position [long or short] isn’t gonna be liquidated within seconds, and over in
ETH it’s only slightly longer … looking at today’s trade, there’s only “dead
market” conditions and M1’s that spike from hell, both up and down … how long
is it gonna take the average trader to say, “Fuck this, if you think I’m putting up
with this bullshit!”? … I’m thinkin’ plenty of traders have already done the math,
and if these houses aren’t real careful, in 2 weeks there won’t be ANYBODY
TRADING CRYPTO, simply cuz they refuse to get screwed by LP’s forcing
liquidations every 20 minutes or so … who the hell needs that? … so, we’ll see
what happens next.
About 90 minutes to the close, and with no Turnkey platform to trade on, and
now passing the 90+ minutes down threshold, no point in looking to trade now.
Hopefully these idiots get things back online in a timely manner … onto
tomorrow … nothing you can do but roll your eyes and shake your head back
& forth, and marvel at the ineptness on the technical front … whadday gonna
do? … I’d cry, but laughter is better!
… outta here … “The future’s so bright I need sunglasses”!! 😎
… Onward & Upward!
-vegas
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