When everything is priced past perfection, it doesn’t take much of anything to
get long position holders to start pushing the sell button … and after the close
last night, that’s what happened to TSLA & NFLX, via earnings reports and
conference calls, and “voila!” down goes Frazier! … and we start the day with
the NDX100 down about 100 points so far here early before the open.
But hey, this is the “NDX100”, a/k/a “The National Delusional Index 100”, where
nothing matters except BUY MOAR! … economy shit? … who cares! … interest
rates crushing businesses everywhere? … who cares! … companies guiding
lower? … who cares! … and after dumping it overnight for 16 hours, the
Chipmunks get fed at the criminal, money laundering NYSE open and price
skyrockets! … of course it does! … and after everybody who sold it overnight
gets their shorts ripped to pieces, how about an approximate 200 index point
drop straight down the shithole?! [and that’s just the first one!] … and all this
time, I thought all of the market Chumps trading worldwide were in Bitcoin
… NAHHHHH! … their in the NDX100!
And if that’s not enough, the world’s largest chipmaker sees chip demand
weakening … but who cares, that’s just silly “fun-durr-mentals” talking … who
pays attention to that, when all that matters is who’s long / who’s short / where’s
the spec order flow / and how can we screw both sides to our advantage?
… and there you have it! … that’s the game, and if today doesn’t convince you
of that, you ain’t payin’ attention to how this “delusional index” is trading
… and tomorrow brings the largest OPEX in July history for more fun and
“gamma squeeze” games … cuz that’s what this really is, just a frickin’ video
game with real chips.
I’ve got a parameter adjustment for the “Super Scalper Algorithm” … for the
VIDYA 13 line, change it to 9,3, close … that’s from 13, 4, close … the way
markets are moving, we need a faster signal, or else we risk letting too much
buy fuel go by the way … and then we end up being somebody else’s buy fuel
… as for the UniFisher Transform, it’s performing beautifully in calling short
term tops & bottoms … the vegas support / resistance RM levels are also
performing “as good as it gets”.
When we get huge reversals like today, where there’s a large Chipmunk feeding
off the open that takes price skyrocketing, then reverse hard lower, you have to
recognize that a lot of potential buy fuel got eaten up from the open, and that
going forward buy power might not be as good as it would usually be … and
that’s certainly been the case today.
With a parameter change, multiple algorithm buy signal trades for the PAMM in
NDX100, where the pricing & latency have been adequate by Coinexx LP’s
[A miracle in and of itself!], and the PAMM IS UP SLIGHTLY … once we had that
big drop, buy signal profits were tough to come by, at least the ones that
performed … for “The Syndicate” no trades today … onto the OPEX fun &
games 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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