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MisFit Kid

World Stock Markets Trading Discussion - Manic Monday

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Are you Clark Kent? 😁😁😁

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What do you think of permabear pundits who have been fighting the tape for 11 years now? I'm asking as an erstwhile permabear who respects Rule Number One and Rule Number Two, and reports on that basis.  

 

 

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I'm so tired of hearing that the market is rigged. Therefore it must crash. 

Worse, the crash is always imminent. 

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Yes, the market is rigged. 

That's why it has NOT crashed. 

What is so difficult to understand about that? 

Don't fight the Fed. 

Don't fight the tape. 

The trend is your friend. 

I mean, these slogans have always worked. Why would they stop working now, just because the Fed is more interventionist than ever. Wouldn't that make it even less reasonable to fight the Fed and the tape?

 

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Sure, the market will crash one day.  But crashes do not come out of the blue. There are always weeks, if not months, of technical warning signs. 

End of rant. 

All is well. 

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Fed does not care about elections is the story crossing my news feed. 

Not said is the Fed doesn't care if there are elections or not.  If the election were to be canceled or nullified it would operate as before. 

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If the dictatorship digs in, the "independent" Fed is history. It will become a heavy hand of the Trump regime, just like Venezuela. 

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If this market gets through 3283 LTFO

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The relentlessness of the Fed's effort to spport the entrenchment of the Trump regime is despicable and disgusting. God forbid it works. 

 

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They just ticked above the 5 day cycle line.  Let's see if it sticks. 

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Ohmagawd. This is gonna be something. 3300 here we come. 

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