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Sunday, February 5, 2023

SUNDAY UPDATE: TRADING LIFE INSIDE THE “TWILIGHT ZONE”

 

“Walk through the door, and there is no walking back out!!”

It’s been a very long time since I’ve seen the depths & scope of the trading

clusterfark seen on Friday in the U.S. session … double massive sigma misses

to the upside in both NFP & ISM reports … of course, market reactions across

the board were immediate and vicious, with FX and particularly gold feeling the

brunt of massive long liquidations … of course your sell stop got raped, what did

you expect? … only “Stock Bellies” traded anywhere near sane levels.


Which brings me to the version 2 trading algorithm … it’s not ready for release yet,

cuz I’m still working on it … it’s broken up into 2 separate documents … one is the

algorithm straight up with its components, along with implementation and rules

for trading … the second is the premise behind the algorithm and the theoretical

basis for the components … in other words, how it’s made and why … and this is

the section I’m finishing now … briefly, it gives the reader 2 choices … 1) gimme

the algo, I don’t care how you created & developed it, and/or 2) I want to

understand what’s behind it and why it works … and after this is finished, I’ll

release the binary options updated manual a week or two later.


As Friday pointed out, you don’t get any favors from scumbag LP’s, pretending

to make a market, when in fact they are nothing more than thieves … liquidity

providers my ass, the only way you get a halfway decent fill is if your order helps

out their own trading book … if not, and you’re trying to buy along with them

trying to buy, or sell when they’re selling, and you’re gonna get a shit fill off the

market absolutely GUARANTEED … of course, some houses are better than

others in different markets, and a lot depends on how much trading biz a

brokerage house can steer to a bank or super HFT … but when SHTF and panic

sets in, both buy and sell side, you had better be early on your liquidations

… cuz if you ain’t, it’s gonna leave a burn mark!


I have said this repeatedly on the blog … if crude oil CFD’s traded like futures,

and you had futures conditions, meaning 1 or perhaps a 2 cent spread between

bid / offer, then I would abandon every other market and exclusively trade crude

oil … even with today’s shit ranges of only a couple of bucks, that kind of spread

and the VIX of the market still make it worthwhile … however, there isn’t any

offshore house I know of that comes close to this, that is “friendly” to U.S.

citizens or residents … there are some NO KYC places that come close, most

notably “XBTFX” [2 cent spread + 0.7 cents per barrel round turn commission,

making the cost 2.7 cents per barrel to trade], and “SIMPLE FX” [3 cent spread

and no commissions] … but 2.7 or 3, ain’t 1 or 2, or anyplace in between!!

… trading U.S. futures, whether regular or micro, involves full KYC with a U.S.

broker [e.g., AMP Futures], and will generate 1099’s that are sent to the IRS

… read anything you want into that statement, it’s simply a statement of FACT,

NOT OPINION … even in “slow conditions”, I could most likely live with a 2 cent

cost to trade, BUT IT ISN’T OUT THERE, and never has been … instead, we’re

treated to shit like 4 - 7+ cent spreads [and higher] if the market gets very active,

and that’s totally unacceptable.


And since that’s basically “off the table”, and there is no way in Hell I’m opening

a U.S. futures trading account, it brings us face-to-face with “Stock Bellies”, the

other leading futures trading vehicles at the top of the financial world of

derivatives trading … the ONLY complex that enjoys the “88/6/6” trading

paradigm … argue all you want, tell me all about market crashes, explain to me

your opinions about the evil & pernicious “Plunge Protection Team” [PPT], show

me the economic stats pointing towards a depression right around the corner, and

the imminent collapse of the U.S. economy to 1929 levels of despair and hardship,

and tell me all about how your charts are pointing to the SP500 [”Spoos”] going

sub 1,000 in a market crash of epic proportions … been hearing ALL OF THIS &

MORE FOR DECADES! … and yet, “Stock Bellies” [SP500, DOW30, & NDX100]

over time spend 88% of the time going higher, 6% going sideways, and 6% of the

time getting “monkey hammered” [from the daily charts] … go ahead, do the math

from the inception of the PPT since the crash of 1987, and this ratio holds up

very well.


Knowing this, and understanding that there isn’t anyway in Hell the FED is gonna

ever get rid of the PPT, it only makes perfect sense to want to trade any of the

“Stock Bellies” CFD’s FROM THE LONG SIDE ONLY … I’m not saying you can’t

make money being short from time-to-time with a short position … only that

consistently doing that is gonna land you in the “poor house” … you basically

have a 16 - 1 advantage being long! … excuse me, what’s not to like about this?

… of course, what matters most when it comes to any of the 3 markets in this

paradigm, ARE THE TRADING CONDITIONS OFFERED BY THE SCUMBAG LP’S

… “aye, there’s the rub!!” … is the bid/offer tight and legit, or is it phantom and

complete bullshit? … what about slippage on fills, is it very low to non-existent, or

is it outrageous? … and what kind of margin leverage do I get from the house,

good or shit?


Directly below, are the links to the “micro” futures traded by the CME [volume &

open interest], in response to the competition offered by the offshore world’s

CFD’s. 


SP500 … $5 times the index … minimum tick = 0.25 index points


https://www.cmegroup.com/markets/equities/sp/micro-e-mini-sandp-500.volume.

html


NDX100 … $2 times the index … minimum tick = 0.25 index points


https://www.cmegroup.com/markets/equities/nasdaq/micro-e-mini-nasdaq-

100.volume.html


DOW30 … $0.50 times the index … minimum tick = 1 index point


https://www.cmegroup.com/markets/equities/dow-jones/micro-e-mini-dow.volume

.html


On Friday, February 3, 2023, the volumes for the micro SP500 = ~ 1.55 million

contracts, NDX100 = ~ 1.50 million contracts, and DOW30 = ~ 180,000 contracts.


Of course, when SHTF the minimum tick values go out the window, but keep in

mind when things slow down some, what you’re paying to trade the CFD’s

versus what the futures are doing … you may not like what you see!


Since the merger of Turnkey into Coinexx, for the PAMM I’ve lightly traded the

“Spoos” and DOW30 … I haven’t traded the NDX100 since the old days of

Turnkey back when it was near 7,000 on the index … when you look at the micro

values, my best guess is that you get better fills when you match futures levels,

and if you don’t, you can expect wider slippage … this makes sense cuz the LP

doesn’t want fractional positions on their hedges … e.g., at Coinexx now, all of the

indices are $1 * the index per 1 lot volume, so if you trade 1 or 2 lot volume in the

“Spoos” you’re trading a fractional micro lot, which is 5 times the index … expect

a shit fill … however, if you trade in multiples of 5 in the “Spoos”, execution

should be much better … ditto for the NDX100 in multiples of 2, and in the DOW30

it doesn’t matter  … this partially explains my experience of generally getting

better fills in the DOW30, no matter the volume, rather than the “Spoos” … a

good “hybrid” so to speak is the NDX100, which is where all of the high flying

tech stocks reside … more volatile than the “Spoos”, less volatile than the

DOW30, but much better liquidity and volume than the DOW30 … just from Friday,

about 800% better!


As I said, houses differ on spreads, commissions, and slippage … you ain’t

gonna get the info you need from a demo account … you need to test live

conditions … from what I have seen so far on the Coinexx VPS, bid/offer spreads

are better than average from other houses by a small amount … RT commissions

are very low … slippage is the main issue for all 3 of them … buy on a green

spike up, or sell on a red spike down, and expect the worst, cuz that’s what

you’re gonna get … that’s gonna happen no matter where you trade … bottom

line, though, is that the version 2 trading algorithm is ideally suited for indices

trading … going forward, I’m going to be doing some NDX100 trading for the

PAMM … the quoted spread is good enough, that if slippage can be kept in check,

it’ll be better than the “Spoos”, I think … we’ll see … I’ve been told in no

uncertain terms, that higher volumes get better treatment … multiples of 5 in

the “Spoos” and multiples of 2 in the NDX100 … again, we’ll see, but at least in

theory it makes sense.


Just looking at Friday’s volume figures from the micro futures side of things, it

becomes readily apparent that the trading public is “all in “ trading “Stock Bellies”,

and have basically given the middle finger to oil, gold, and FX … micro oil had

about 85,000 contracts traded on Friday, micro gold about 111,000 contracts

traded … compare these to indices, and it ain’t even close.


All of this brings us to the version 2 algorithm itself … it works exceptionally well

in all markets … but, and here’s the rub … “you have to be able to get in and out

effectively without getting butchered with bullshit spreads and slippage!” … one

look at gold from Thursday and Friday, and unless you love $0.50 - $1.00 bid/offer

spread conditions + SLIPPAGE of who knows how much, there isn’t anything you

can do with $50 - $60 ranges that are in freefall … may the force be with you if you

have to hit the sell button on the way down … FX almost as bad, where both

EURUSD and GBPUSD [Cable] saw higher spreads than normal, with bid/offer

quotes jumping around frenetically, many times over 1 PIP from the last quote a

microsecond ago … and that means slippage my friend, much higher than normal

… what good does a 1 or 2 tenths of a quoted bid/offer spread mean when you hit

the buy button and get filled 1.5 PIPS higher on a bullshit spike in the offer?

… only to see it go down immediately to where it was less than a microsecond

ago … blink your eyes twice and you’re down 3 PIPS … ditto the same on the sell

side … and what all of this means in reality, is that the EURUSD spread isn’t 0.1 or

0.2 PIPS, but is closer to 1.5 - 1.7 PIPS when they get finished screwing you … and

I’m betting, this isn’t what you expected … Hell, might as well be in “Stock Bellies”

cuz I won’t get treated any worse, and I’ll have a much better chance of market

movement cuz of the “88/6/6” paradigm, and the chances of the “Loser Formation”

showing up are far less than what’s likely to happen over in FX after they screw

you!” … and if you think I’m wrong about this, then explain to me why “Stock

Bellies” wallop the shit out of FX on the spec trading side of things via micro

futures, not even counting all of the CFD volume? … I’m listening, and I don’t hear

anything! … in addition, most of the volume occurs in NYSE hours, which is only

6 ½ hours long, not the 24/5 bullshit seen in FX … that means more action in a

compressed time frame, not the drawn out crawl moves often seen in FX … so, if

you’re trading EURUSD, what do you think you’re getting that isn’t better than

any of the “Stock Bellies” CFD’s?


And this is why I passed on trading either EURUSD or GBPUSD on Friday … why

trade shit that’s worse and run the risk of 1) equal to worse slippage, and

2) “Loser Formation'' possibilities definitely on the immediate horizon … and

truth be told, “Stock Bellies” didn’t even see greatly expanded ranges … things

were pretty subdued on that front, so it wasn’t as if the “Spoos” had a 150 index

point range, or the NDX100 had a 400 - 500 point range … both gold and FX had

expanded ranges … look what that got you?


In the version 2 trading algorithm manual, I give you everything you need to trade

1) the 3 “Stock Bellies” markets, 2) EURUSD, USDJPY, & EURJPY, and 3) Gold

[XAUUSD] & Crude Oil [Brent and/of WTI] … so, if you are comfortable with a

brokerage house spreads and slippage, and you wanna trade #2 or #3, the manual

has you covered … ditto if you happen to trade futures as well in any of these

markets … the algorithm supports both long and short positions, so if shorting is

your passion, have at it … in addition, there’s bonus coverage of longer term

trading of “Spoos” and gold via the ETF’s SPY & GLD … most houses in the U.S.

now offer ETF commission free for those shares, and they are perfect for longer

term traders cuz you don’t have to pay the daily “vig”.


Directly below, the 20 Day Range MA’s of selected markets for this week.


click on table to enlarge

You’ll notice expanded coverage of the New York session for both SP500 and

NDX100 New York ranges [9:30 AM EST - 4 PM EST] … it only makes sense to

include these along with the DOW30 … a quick glance at the table, and it

becomes apparent that most days / weeks, the ranges in the New York session

are 85% - 90%+ of the entire day’s price range for the “Stock Bellies” … “oh, so I

don’t have to move to frickin’ Thailand after all to get decent North American

trading action?”


“Stock Bellies” ranges popped a little over the previous week, after having been

on a downward trajectory since the end of 2022 … let’s hope it stays this way

… I’m disappointed in both FX and gold, at least as far as Coinexx is concerned,

but it’s probably the same everywhere, as conditions deteriorated into shit in a

handbasket rather quickly … for gold especially, I’m left wondering how long

people put up with this manipulated horseshit before they finally say “adios” to

pet rocks as a trading vehicle … every couple of years they pull this “over the

cliff” horseshit on specs … quite frankly, it shouldn’t be a surprise to any of you

when you see the volume figures for “Stock Bellies” significantly higher than

gold, or even crude oil … at some point people walk their accounts to other

markets … it simply all depends on what kind of conditions your house gives you,

when it comes to the “Stock Bellies” CFD’s … some are good, some are shit … I’d

rate Coinexx more towards the good side, and they’re a Helluva lot better than

Turnkey ever was, so they have made progress with LP’s in the “Stock Bellies”

arena … onto tomorrow and the week!


… OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,

and my own Brinks armored truck” 💓!! … Onward & Upward!! 


-vegas





Friday, February 3, 2023

OH BOY, ANOTHER USELESS NFP IDIOCY DAY IS HERE

 

“Your relationship with anything involving government!!”

Break out the whiz kid calculators, it’s time for another installment of NFP Idiocy

Day … this is the day the government completely guesses how many phantom

jobs the economy created … take a couple of hundred thousand mindless

government employees, give ‘em a Chinese abacus and a pencil and scratch paper,

and before you know it, Applebee’s & Chile’s will have created another few

hundred thousand waiter and bartender jobs! … just like that! … “you gonna

believe us, or your lyin’ eyes?”


Well, that escalated quickly didn’t it? … anybody believe in the slightest that an 8+

sigma miss is legit? … and again we see, the nuclear fallout hitting markets,

where the reaction was swift & violent … attention gold bulls: fire sale on aisle 3!

… order books destroyed once again, and if you think there’s gonna be any

“trading” after this NFP Idiocy, guess again … so many markets overextended on

the “Hope” of a FED pivot or pause, with substantial gains built over the last

weeks built into the rosiest of scenarios … ho hum, just another bloodbath.


Market after market obliterated by lying bullshit from the U.S. government … see

my shocked face … I never, ever go into any of these so called “reports” with a

position, simply cuz you never know from month to month what the Liars,

Scoundrels, Hypocrites, and general scumbags of government will do with

numbers for political propaganda … after this one, Applebee’s will most likely be

the largest employer in the country, with so many bartenders and waiters /

waitresses, you can’t even count ‘em all! … and on a Friday of a week filled with

central bank horseshit, good luck getting anything to trade today once the

criminal money laundering NYSE opens … par for the course these days, as

almost nothing “trades” any longer, it just lunges between bouts of panic

… welcome to the casino!


And in case you haven’t figured it out yet, it’s very difficult for me to hide my

utter disgust and genuine loathing of central bank Apparatchiks, government

POLS, and other Liars & Scumbags who hang around markets, including but not

limited to LP’s and their criminal ilk … these Scumbags have ruined markets,

and turned them into nothing more than games of roulette … whatever depths of

Hell they eventually end up in, they deserve to be LOWER.


Oh wait, the fun never stops in the casino! … now comes ISM numbers that miss

by sigma multiples … well, 2 nuclear bombs go off, HOW LUCKY CAN MARKETS

GET? … just in case you didn’t get slaughtered by scumbag LP’s the first time

around, here’s your chance now! … is it safe yet Mommy? … just unfrickin’ real

what is happening … market destruction continues.


Gold & FX getting “monkey hammered” … “Stock Bellies” could care less … go

figure … it only makes sense when you understand that “Stock Bellies” exist in

the “88/6/6” paradigm … nothing else matters, and bad news isn’t really bad news,

just another BTFD opportunity … that’s how the public sees it … that and the fact

that most still believe the Morons at the FED … if that’s you, you might as well cue

up the Goebbels speeches, sit down with popcorn and enjoy! … and the gamma

squeeze melt up continues in “Stock Bellies” … nobody can get enough!


Earlier today, even before NFP came out, I was watching EURUSD & GBPUSD

carefully … then contrasted it with the blowout sigma miss in NFP … in both

scenarios, I’m not happy with the internal dynamics of how these markets are

being quoted and traded, and the lightning quick changes in bid/offer, even when

nothing is going on … you think you’re getting one thing, but you are getting

something vastly different, and it ain’t in your best interest I can assure you … fact

is, they’re just as bad as “Stock Bellies”, but not as bad as gold, which is the

worst by far when SHTF.


This prompted me to call Coinexx management and have a “pow wow” … I won’t

bore anybody with all the details, other than to say that if I trade the “Spoos” at

bigger volumes, my fills and latency will be like I want them to be … of course,

they’ll never admit to slippage or bogus bid/offer spreads, cuz that would be

admitting the obvious … but the bigger your volumes the better the fill … “OK, I

said, you’re on … we’ll see come next week, as I move back over into the “Spoos”

… given the panic bullshit exhibited this past week in everything else, both to the

upside and downside, where’s the beef with the “Spoos”? … name for me a market

that reacted better than the “Spoos” given the distorted news flow from all over

the place … right, there aren’t any … DOW30 is a different story … slippage in that

market is far worse than the SP500 when SHTF, and your fill can be anywhere they

want it to be … bottom line, though, is we’re already “Spoos” traders whether you

want to be or not, cuz practically every single day the “Spoos” provide the

“risk on / risk off” [RORO] bullshit the other markets follow … from gold to FX,

everybody’s got one eye on the “”Spoos” … so the risk is there, but do the other

markets have the reward? … gold does, but its risks are extremely elevated versus

reward … FX has the risk, but not nearly the reward.


As I told them, I’m getting sick and tired of being sick & tired of trying to find a

market or group of markets NOT to get royally screwed in … gold at higher

volumes has worked out OK, but gold is showing its true colors and being not

really a decent trading market … a lot of that has to do with the spread and

slippage from LBMA dealers, where it can be rough getting out of the spread if

you’re stuck on the wrong side of a trade … and watching FX today, I just don’t

see the advantage … I thought it might be there, but in real time it ain’t … and

besides, most of the time they’re simply following the frickin’ “Spoos”! … so back

to the “Spoos” on Monday, where I’m hoping larger trade volumes will see us

getting better trading conditions.


One thing about “Stock Bellies”, most breaks before the New York PM can be

bought for profit … come the afternoon, be very careful about buying a break in

the “Spoos”, and as we move to the close, leave alone breaks that come in the

last hour of cash trading … they can be particularly nasty & vicious in scope

… with no time on the clock to the close to speak of, where you gonna go with a

loser trade? … they got you and will make you pay most times.


As we head towards the close, I didn’t figure this to be an “inside day” from

yesterday … especially after the blowout 8+ sigma miss from the NFP putting

pressure on rates … then comes the ISM numbers, and another blowout … and

yet, within a couple hours to go to the close, “Spoos” only have an approximate

61 index point range … rather paltry if you ask me given the news flow … the

“Trading Ratio” [TR] has been adequate, ranging between 3 - 4 all day, but any

and all pressure is being bought so far … quite frankly, this FOMO panic to the

upside is getting overbought, and while the economy is weakening, nobody in

“equity land” seems to care one bit … some downside action next week would be

more than welcome, and if we get it in the early hours, it should lead to some

excellent algorithm buy signals.


No trades today for the PAMM, but that will change starting Monday as we tackle

the “Spoos” in earnest with heavier volume … hopefully, we can stay in the

“Spoos” and are treated right … I hate this jumping around from market to

market … “Spoos” should treat us well … in actuality, cuz of the paradigm

“Spoos” operate in and under, we can break down the probabilities very

accurately … as I discuss in the upcoming manual, 68% of all SP500 trading

action can be modeled very well … 32% lies in “The Twilight Zone”, and you

simply leave this crap alone … by definition, ⅔ of the day [or more] is a slam

dunk! … no other group of markets enjoy this advantage, so it’s a “Natch” to be

trading “Spoos” … and if we get the right conditions, I’m a happy camper … blog

update on Sunday.  


… OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,

and my own Brinks armored truck” 💓!! … Onward & Upward!! 


-vegas


Thursday, February 2, 2023

THERE ARE LIES, DAMNED LIES, & STATISTICS

 

“What are the “stats” hiding about markets!!?”

Well, let’s discuss the dirty little open secret about these so called “markets”

… the question is, “can you get in when you want without paying a king’s

ransom, and then equally important, can you get out without slippage that will

choke a fucking horse? … and guess what Skippy, NO YOU CAN’T! … and therein

lies “the big lie” about markets and trading … yesterday a prime example of a

system gone out of control to the MAX, after Spicoli opened his Pie Hole and

started the “blah blah, yada yada” and set off financial nuclear explosions

… every market blown to shit with spreads and slippage that had to be seen to be

believed … and in that scenario, what does it matter what your trading model or

algorithm is, or says to do? … you can’t get in and if you’re in, how the Hell do

you get out? … pushing any button yields nothing but “pain!”


Not to be outdone by yesterday and Spicoli, the ECB & BOE adds to the clown

circus today, and you got FX completely FUBAR … and of course, the bullion

dealers seeing all of this, go rogue bananas on their own with today’s $40+

bloodbath to the downside in about 30 minutes … afterwards, it’s the usual

“Loser Formation” with nothing but chop and heartache … these aren’t

functioning markets, they’re Ponzi schemes run by central banks and their BFF

scumbag LP bank buddies doing their bidding … what an absolute joke … you

can’t even begin to tell me where the risk in any of these so called “markets” is

… on any trade, where’s my risk? … in today’s environment, nobody knows cuz

it’s open ended and CAN BE ANYTHING!


Surveying the damage done to markets over these last days / weeks, the “big lie”

makes it appear like the algorithm can take advantage of these horrendous moves

in “Stock Bellies” & gold [oil is D.E.A.D.] … maybe you’re at a brokerage house

not affiliated with thieving, crooked LP’s like Coinexx [hopefully, you’re not at

anyplace worse!], that hand out shit, off the market fills while at the same time

gassing spreads to the moon in their CFD’s … and if that’s the case, maybe you

can take advantage of the version 2 trading algorithm to profit … more than likely,

though, it ain’t gonna happen … the only place that kept its integrity, even with

central bank bullshit from the ECB & BOE today, is FX, specifically the major FX

dollar pairs … the difference in trading action versus “Stock Bellies” & gold is

night and day! … why put up with open ended risk, spreads that balloon horribly

at the drop of a hat, and slippage beyond reason? … why? … 99.99% of the time

you don’t get this in the FX majors [excluding YEN, which is in a different universe

of stupidity all its own] … pick any of ‘em, they all work beautifully with the trading

algorithm, and most importantly, THEY TRADE UP/DOWN constantly … quite

frankly, I’m sick & tired of being “sick & tired” of the “Loser Formation” after any

and all moves in “Stock Bellies” and gold … gold especially is tough cuz the

spread is much higher to escape from when things slow down.


Looks can be deceiving, and not being able to get any handle at all on risk in a

trade, sours me on gold & “Stock Bellies” as trading vehicles … in other words,

unacceptable, bullshit conditions detrimental to your accounts health! … going

forward, I got no choice but to stick to FX, probably EURUSD cuz of the tight

spread, or maybe Cable as well … they move, they trade, they are CONSISTENT

for the most part … excluding YEN, which is its own nightmare of its own choosing,

I haven’t had any real latency or slippage issues since I’ve been on the institutional

server … occasionally we get nipped a tenth or two of a PIP, but most of the time

fills are right on the bid/offer … that’s a far cry and a universe away from the shit

that’s passed off in CFD’s, where every trade you make you hold your breath to

see how badly they screwed you … we don’t need to put up with this shit … the

trading algorithm is too good for “scumbaggery & fuckery” like that handed out in

“Stock Bellies” & gold … maybe someday this changes, but for now their LP’s in

CFD’s are thieves.


Even with an ECB interest rate decision today, and a presser from Chief Diversity

Hire Lagarde, EURUSD held together remarkably well and traded in elevated

conditions … ditto with Cable … up/down, keep the spread steady, that’s all we

can ask for … the algo does the rest.


No trades for the PAMM today, going forward we are back in FX … no worries

here, trading conditions have been good to excellent far longer than they have in

DOW30 & gold, which are deceptively bad most days … rarely do these two ever

trade anymore, it’s all C-4 explosions or they’re dead … onto tomorrow.


… OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,

and my own Brinks armored truck” 💓!! … Onward & Upward!! 


-vegas



Wednesday, February 1, 2023

THE LOUNGE LIZARD CIRCUS ACT IS BACK IN TOWN

 

“Oh goody! … another FED meeting!!”

Well, that escalated quickly didn’t it? … good grief, what a circus shitshow … all

par for the course in the casino.


We’ve just blown half the week waiting for this bullshit? … a “no surprises” 4

minutes of institutional insanity where spreads get blown out and LP’s think it’s

Christmas morning opening presents … 6 days in a row and price in the DOW30

hasn’t moved an inch … not that it’s any better in anything else, cuz it isn’t

… gold is a bigger pile of shit by far.


Chalk up another low range subpar day waiting for Spicoli and the Lounge

Lizards to “wow us” with brilliance … yea, like that was ever gonna happen

… no trades today … maybe tomorrow we can get back to normal

… let’s hope so.


… OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,

and my own Brinks armored truck” 💓!! … Onward & Upward!! 


-vegas