Biden, fresh off a gigantic military victory by finally shooting down a ChiCom
weather balloon, gets to stay up late tonight after pudding at 4 PM, and gets to go
for ice cream at the Clown College after he attempts to give a coherent speech
… well, good luck with that! … the only difference between Biden & Goebbels, is
that Biden is/was more corrupt … “just remember, tell a big whopper lie often
enough, and people will believe it!”
Meanwhile, the dumbing down of the masses continues unabated … this week
it’s “Super Bowl” week, so we can’t go off to war with the Ruskies until that’s
over, and the last of the avocado dip has been put on that last chip in the bowl
… maybe Zelensky can put on his best workout shirt and give a halftime “pep talk”
and request another $10 billion in slush fund money, where a good portion makes
its way back to POLS in the U.S., or buys Hunter’s art work … in any event,
“the big guy” is gonna get his 10% cut come Hell or high water, and that’s why
he always has that shit eating grin on his face.
Today another epic mound of bullshit via “hurry up & wait”, as the
“Stock Bellies” refuse to move until Spicoli moves his lyin’ lips … SHTF starting
at 12:40 PM EST … until then, we can all stare at our phones and pretend to have
meaning in our lives, as endless “expert” analysis on cable news informs us just
how heroic Biden was in shooting down that weather balloon … quite frankly, I’d
rather be watching any Goebbels speech and laughing out loud at that.
Well, that escalated quickly didn’t it? … who’s up for burning the shorts first?
… wait for it … who’s up for now killing FOMO longs? … nothing like a double
reversal with range to curdle blood flow in a marketplace that daily sees the order
book getting destroyed … buy spikes up and get burned … how many times do I
have to tell traders this? … and now it’s a race to the bottom, where we’re well
into “The Twilight Zone” … simply put, there’s no accurate measure of panic we
can get a handle on to measure price containment or movement … only the
scumbag banks know this kind of info through proprietary AI means, and they
ain’t sharin’ nothin’ … when you fall into the black abyss, nobody knows where
the bottom is ‘til you hit it … and once again, another Apparatchik moves markets
with bullshit … it’s all they got … and once the Apparatchiks start “blah blah, yada
yada”, people lose their fucking minds and go full retard basket of kittens on
meth … up/down, back up, then down, panic all the way … nothing but a one way
ticket on a freight train coming down the mountain with nobody at the controls.
The day only about 2 hours long, thanks to Spicoli and his bullshit, but in that 2
hours, it’s straight up 200, then turn on a dime and go down 300, then turn on a
dime and go back up 200 … and since the blow up, not a single algorithm buy
signal cuz you can’t get this shit to correct and then extend the move
… everything is a “one way panic” … with little more than an hour to the close,
it’s too close for comfort on any signal I may get, so for me the day is done … No
trades today for the PAMM, simply cuz before 12:40 PM there’s nothing to do cuz
it’s dead, and after 12:40 PM it’s total bat shit crazy inside “The Twilight Zone”
… and it didn’t help at times when the scumbag LP’s at Coinexx shut the
machines off for a minute or two cuz they didn’t want to fill orders … they deny it,
but they did it … now crawling back up near the high, and specs can’t get enough
of these overpriced penny stocks.
Full normal day tomorrow, which is about time … 2 FED PIE HOLES speaking
tomorrow, so that might cause a blimp … the trading algorithm did its job today
perfectly, and in fact we got a bonus prior to 12:40 PM when conditions were slow
and very tight … and that bonus was the algorithm working to perfection via buy
signals … granted, cuz of the slow activity and lack of range, price didn’t move
very far, but it did move in the profit direction … my only issue was one of scope
to the gains, and whether or not anybody wants to be in the market for multiple
minutes for very small gains when you know most likely SHTF starting at 12:40
… and did it ever hit the fan … quite frankly, didn’t see these explosions coming
like they did, and it’s unfortunate conditions got out of control so quickly, both on
the upside twice and the downside once … panic everywhere … and while it’s
good to see some level of panic, wholesale puking by specs on both sides usually
isn’t something that leads to profits, simply cuz you can’t judge it properly … at
times the bid / offer quotes were jumping in 5 - 15 index point increments, which
is only gonna see you get royally screwed by the LP if you hit either the buy or
sell button … and like I said, it didn’t help when they shut the machines off … this
just proves IMHO they ain’t LP’s but “market makers”, and everything they fill for
clients is based on the positions in their own book … “F-ing scumbags, but we’ve
always known this, so this isn’t some kind of surprise” … onto tomorrow, where
let’s hope we see more normal trading opportunities, and less wholesale panic
every other minute.
… OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,
and my own Brinks armored truck” 💓!! … Onward & Upward!!
-vegas
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