This ain’t the same index as it was as little as 6 years ago, when it was around
5,000 … attitudes & sentiment are different, and the dynamics of the trade are
far different … at some point here in the near future, it’ll overtake the DOW30
… nobody gives a shit about “Stonks” except tech “Stonks”, where the love
affair is never ending, BTFD is the “name of the game”, and the trading action
as wicked [if not more] than Bitcoin when it’s moving … and that’s sayin’
something … all the while, standard measures of “Stock Bellies” close-to-close
VIX is in the toilet … and quite frankly, the hype surrounding the “Magical 7”
high flying tech wonders is simply amazing … they can do no wrong, and no
news affects them … it’s buy, buy, buy some MOAR!
Sure, let’s have a TRIPLE REVERSAL inside the NYSE session, and it’s only a
little into the afternoon! … I describe this action today as psychotic so far
… nothing really holding true to form, as the red spikes from Hell lower get
bought with both hands … so far, the range for the cash session is pitiful
… and to have a triple reversal this early doesn’t bode well … and why should
it? … somebody explain to me how in the last 7 months the NDX100 is up 50%,
almost straight … this shit just defires any attempt to categorize it … reminds
me of BTC going up to 60K+ … we need to see some positioned longs get
punished, cuz if we just simply keep going straight up, the ending won’t be
pretty.
Mid afternoon and the price action, along with range for the session, is pure
ugly … triple reversals inside a small range almost always looks like pasta
thrown up against a wall, and this is no different … longs and shorts taking
turns getting blistered by scumbag banks or HFT’s, as the m1 action is purely
psychotic, and not in a good way … for their part the Coinexx LP or LP’s in the
NDX100 have been adequate, which is a vast improvement over months prior
when every order was a mugging, robbing, and rape … still, they could be better
and I don’t think they’re as good as IQCENT, but I’m splitting hairs here.
Multiple trades today for both the PAMM & “The Syndicate” at IQCENT, and both
DOWN SLIGHTLY … both trading NDX100 … got slightly better pricing execution
at IQCENT, but this triple reversal bullshit, and then reverse like a race car driver
on meth tells me the market was heavily manipulated today … simply a case of
screwing stops on both sides with a vengeance, led by scumbag banks to be
sure … onto tomorrow.
… 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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