I am of the opinion that the long-awaited Wave C has started which will bring annihilation to the farm, and guess what's on the menu? BBQ bulls.
For the last two months, I've had sleepless nights. Weekends where I've looked forward to them to end as soon as possible. Meals where there's no flavor, and days that were flickering in black and white like a Charlie Chaplin film. The idea of giving up has crossed my mind, but remembering how far I've come, I've always kept it pushing. It was hard, but I am thinking that it'll all be worth it.
Reading articles and tweets about a V-shaped recovery... For a return to ATHs to the SPX... The NASDAQ returning to a 0% loss for the year... XBI making ATHs, and AAPL levitating the market up even though not a soul is buying an overpriced handheld computer of a phone... I had to go through that. I had to endure. I had to move past the taunts of the siren and truck on.
A good leader made the difference. Thank you, Ashoka The Great. I am humbled and grateful to follow the beat of the Bear.
Due to COVID, I've lost all my career work, unexpectedly, overnight. Where I was once so busy that I had to turn interviews down, now I cannot even get a stage 1 phone interview locked in with a pesky Indian offshore recruiter.
The new world is ahead of us. The world of deflation. The world of a bubble deflating faster than you can imagine.
Nothing will be truer than the words of the great METHOD for the years ahead.
CASH (USD) RULES EVERYTHING AROUND ME.
Gold will not save you. Silver will not care. Bitcoin will be irrelevant and equities will be as if they were never there.
Wave C will come so fast that bulls will be holding worthless interests and bears without balls will be left behind.
Make your next move, your best move.
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I tried to warn you.
$2817 -1.88%
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In the great green room, there was a telephone, and a red balloon. And a picture of a cow jumping over the moon. There were three little bears, sitting on chairs...
Good night, moon. Good night, bulls.
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Wow.
My indicators show me that we may be heading down, down, down until August.
Just sharing the data that I see.
There will not be a significant rally until August, September, October, or November.
LOL. WTF. OMG.
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$272.99 posted pre-market. Already $281.75 dark pool prints in after hours.
Get your V-shaped recovery on the cheap!
What I don't get is the people who do have $1,200 stimulus checks, or the people who got fired and were given severance, what are they smoking to put the money into a long position?
Volatility will be on and poppin' until August. My puts last up to January.
Yes soon we can enjoy beef ribs at wholesale prices
BoneFunkenstein
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Soon, my friend, the Trap is set. It will be the greatest wealth transfer in human history. I have people around me that say I am a fool to believe that the market will crash further or Bitcoin will go below 1000$, it is a fool that thinks it can only go up.
BobbyBanksX
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@BoneFunkenstein, the feb/mar crash was only the appetizer. take care and thank you for your comment.
1 rule to never be emotional when it comes to trading. The system is rigged to go in the opposite direction of what traders are thinking, otherwise, we'd pump-n-dump all at the same time...The top for many stocks was last year, they were all tipped off, Zuckerberg couldn't sell fast enough $20-50Million worth of shares every single day...now he's quiet...none of them are selling (yet). On some of the stocks, I still see wave 5 of 2 that needs to happen, some are drawing wave 2 sharp down, some are going sideways...some are recovering from a double bottom...looking at the S&P500 on a whole might not be so helpful with swing trading these days so I recommend focusing specifically on each stock to figure out where we'll end up.
Alamin027
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Nice work
bigs236
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@azdevil What indicators are you looking at for this move? Thanks.
azdevil
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I wouldn't be so sure on that. Once bad day doesn't change a trend. These types of moves are specifically designed to keep the shorts in the game and even add pile more on.